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Tag: Toyota

Toyota to discontinue making Yaris; cited dipping sales & shifting buyer preferences

Toyota to discontinue making Yaris; cited dipping sales & shifting buyer preferences

Business, Tech
The company will continue to leverage its leadership and vast expertise in cleaner technologies to refresh its product portfolio to meet the evolving customer choices and enable greener mobility," Toyota Kirloskar Motor (TKM) said. Toyota Yaris failed to impress Indian customers during its three-year-long stay in India. (Image: Toyota) The Ganga Times, Business: TKM Yaris will see no more further production. The C-segment sedan was launched three years ago by Toyota Kirloskar Motor (TKM). The company said, it will stop making Yaris due to drastic fall in sales in the last few years. It is believed that today's buyers are interested more in SUVs that sedans — one of the major reasons behind Yaris not being able to compete in the market. Yaris' sell was going through a rough patch...