Daimler Truck AG, Mitsubishi Fuso Truck and Bus Corporation, Hino Motors and Toyota Motor Corporation gave an update on the progress of the collaboration based on the Memorandum of Understanding. In May 2023, Daimler Truck, Toyota, MFTBC, and Hino concluded an MoU on accelerating the development of advanced technologies and merging MFTBC and Hino. The planned collaboration is aimed at[Read More…]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has granted relief to Toyota Kirloskar Motor on transfer pricing adjustment relating to royalty payments made to Toyota Motor Corporation, Japan, and Toyota Motor Asia Pacific, Singapore. However, in a verdict last month, the appellate body dis- missed Toyota Kirloskar’s appeal against the payment of dividend distribution tax (DDT) using the[Read More…]
Toyota Innova is synonymous with comfortable and roomy road trips in the tours and travel circle. Prateek Pardeshi highlights the USPs of the one-up HyCross and its calling. The Toyota MPVs are the flag bearers for the ferrying capacity, comfort and the legroom! They bridge the distance to luxury in the tours and travels segment with ease. Operators customise it[Read More…]
The Toyota Hilux heats up the pickup segment in India. Ashish Bhatia looks at offerings for commercial use. Toyota Hilux made its way to India in January 2022, five decades after being launched in 1968. Its global sales of over 20 mn units with eight generations in over 180 countries make for a strong business case in India. Toyota Kirloskar[Read More…]
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