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The company, which is a joint venture between Japan's Toyota Motor Company and Kirloskar Group, sells a range of vehicles including Innova Crysta and Fortuner in the domestic market.
The company had launched the Yaris in May 2018 at a price range of Rs 8.75 lakh and Rs 14.07 lakh (ex-showroom), competing with the likes of Honda City, Hyundai Verna and Maruti Suzuki Ciaz.
The incentive structure will encourage industry to make fresh investments for the indigenous global supply chain of Advanced Automotive Technology products.
A combination of factors like wrong-reading of the market/product design/positioning and huge investment in a second plant resulted in Ford Motor Company biting the dust in India.
A public diatribe against two Indian business giants by Prime Minister Narendra Modi's officials and his ideological allies has unnerved the business community.
The CB500X is muscular and has enough swagger; the highlight is the front that stands out predominantly.
Earlier in calendar year 2021, the automobile major had increased prices in January, April, and in July for only for the hatchback Swift and all CNG variants.
While Ola, the multinational ride-sharing company, has launched the scooter at a starting price of Rs 99,999 (ex-showroom), we can expect tax cuts announced by state governments to bring down prices further.
He has also been awarded as the Youth Ambassador of Uttarakhand by the Uttarakhand Government.
The ZS EV from M G Motors clocked sales of over 600 units. It was for the first time that M G Motors sold so many electric vehicles.