Toyota Innova car: Airbags are an important safety feature and protect the car s occupants in the event of an accident. However an Toyota Innova car s airbags did not open in an accident and this resulted in the occupants of the car suffering injuries. Read here to know more about the case and how Toyota was proved to have sold a defective Innova.
Hybrid car sales enter the fast lane on growing penetration thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Toyota Kirloskar Auto Parts (TKAP) announced on Friday that it has become eligible to receive incentives under the production-linked incentive (PLI) scheme for advanced automotive technology (AAT) products. This eligibility comes after TKAP received the domestic value addition (DVA) certificate for its xEV Transaxle (e-Drive) as part of the PLI scheme for AAT products.
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The appellate body approved the company s royalty payment of ₹646 crore at 6% of local value addition and rejected the transfer pricing officer s estimate of ₹437 crore at 2.62% of net sales.