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Lexus helping Toyota lure customers from established luxury car brands?

Sumantra B Barooah     calendar17 Nov 2017

Around 80 percent of Lexus owners in India also own a Toyota. This means either an expansion of the Indian luxury car market or the pulling of prospective customers of established brands.

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This will expand the German carmaker's total number of EVs to 40 between 2020 and 2025.

VW Group to spend 34bn euros on EVs, autonomous driving and digitalisation   News International
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Most of the 34 billion euros (Rs 259,896 crore) to be spent between 2018 and 2022 will go into the electrification and...

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Toyota eyes sales of Prius and small EV for Andhra Pradesh’s smart city project News National
Toyota eyes sales of Prius and small EV for Andhra Pradesh’s smart city project

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Toyota eyes sales of Prius and small EV for Andhra Pradesh’s smart city project News National
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Toyota Kirloskar Motor to conduct feasibility study for introduction of Prius plug-in hybrid and a ‘small EV commuter’...

Tata Motors and Mahindra make smart gains as demand grows for LCV goods carriers Analysis Sales
Tata Motors and Mahindra make smart gains as demand grows for LCV goods carriers

By Kiran Bajad calendar17 Nov 2017

Within the LCV segment, the goods carrier segment effortlessly takes the lion’s share – 241,795 units out of 268,292 u...

Tata Motors to host global CV service camp next week News National
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Toyota and Suzuki to introduce EVs in India by 2020 News National
Toyota and Suzuki to introduce EVs in India by 2020

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It is understood that Suzuki will produce EVs for the Indian market and supply some to Toyota, while Toyota is to prov...