Toyota and Suzuki said today that the two companies will now start production of a new SUV model developed by Suzuki at Toyota Kirloskar Motor Pvt. Ltd. (TKM) this August.
Maruti Suzuki India Limited and TKM will market the new model in India as Suzuki and Toyota models, respectively. It will likely be the Toyota Hyryder and Maruti Vitara. The two companies are planning to export the new model, code name D22, to markets outside India including Africa. Continue reading










US June Vehicle Sales Forecast is Down on Record Prices
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New-vehicle retail sales for June 2022 are forecast to decline when compared with June 2021, according to a joint forecast from J.D. Power and LMC Automotive.
Retail sales of new vehicles this month are expected to reach 965,300 units, a 18.2% decrease compared with June 2021 when adjusted for selling days. June 2022 has 1 additional selling day compared to June 2021. Comparing the same sales volume without adjusting for selling days changes to a decrease of 15.0% from 2021.
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