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Auto Inc invested Rs 14,043 till March end under PLI scheme for automobile, components | Autocar Professional

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The Indian automotive sector invested Rs 14,043 crore till March end under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Economic Survey tabled in the parliament on Monday ahead of the Union Budget tomorrow.

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BYD breaks into Toyota-dominated Japan as EV sales climb

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Can BYD compete with Toyota on its home turf? According to the latest sales data, BYD accounted for nearly 3% of Japan’s EV market in the first half of 2024. A year and a half later, the Chinese automaker is already making a big statement as it cuts into Japan’s hard-to-crack auto market. 14 on Japan’s auto importer list.

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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

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Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Toyota, including Lexus, sold 853,082 vehicles last month, down 5.1% The Japanese automaker’s global sales are down 0.9% Meanwhile, sales were up 14.6%

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Toyota, Stellantis burst Biden’s plan to spice up electrical automobile gross sales

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The plan exceeds President Joe Biden’s previous purpose for part of fresh passenger automobiles and light-duty vans to be zero-emitting automobiles by means of the top of the last decade. Toyota referred to as the preliminary proposed annual stringency will increase “extreme.” Ford Motor Co. Ford Motor Co. Tesla Inc.,

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Toyota gross sales soar 10% in Would possibly as portions lack eases

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TOKYO — Toyota reported a ten p.c soar in international gross sales for Would possibly from a yr previous, making the most of enlargement at house and China as a lack of semiconductors and alternative portions eases. In Japan, Toyota’s gross sales jumped 35 p.c International gross sales of hybrids grew 26 p.c

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SUV rush helps Toyota post highest-ever monthly sales in January at 24,609 unit

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By: HT Auto Desk | Updated on: 01 Feb 2024, 11:26 AM Rapidly surging demand for utility vehicles, especially SUVs has helped Toyota to post impressive growth and sales numbers in January 2024. Toyota claims to have sold 23,197 units of passenger vehicles in the domestic market.

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GMC Hummer EV, Toyota Land Cruiser, Mopar ’23: Nowadays’s Automobile Information

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Toyota introduced the brandnew Land Cruiser might be unveiled on August 1. Take a look at pressure: GMC Hummer EV raises the height pickup truck bar Toyota Land Cruiser debuts Aug. We drove the GMC Hummer EV once more and got here to comprehend the electrical truck raises the height pickup truck bar. The easiest way to sum it?

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