Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
Nomura Stock Upgraded to Buy by BofA as Stronger ROE and Earnings Growth Boost Outlook 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
Johns Hopkins University Lays Off 110 Employees as Federal Research Funding Declines 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Firmus Partners With Nvidia to Deliver 170,000 AI GPUs in $30 Billion Cloud Infrastructure Deal 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Australia Jobs Growth Strengthens Rate Hike Outlook 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Toyota will release additional SUV models in India to expand its offerings in the next two to three years, after introducing the Innova Hycross and Hyryder SUVs to the country.
Slated for launch this year is an SUV Coupe based on the Maruti Suzuki Fronx.
Toyota is also working on developing the next-generation Fortuner SUV and a new 3-row SUV for the Indian market based on the Corolla Cross SUV, which will be built on the TNGA-C platform that also supports the recently released Innova Hycross.
In India, the Corolla Cross 7-seater SUV will compete against models such as the Hyundai Alcazar, Mahindra XUV700, and Jeep Meridian.
The new 3-row SUV is likely to feature the same engine options as the Hycross, including a 172bhp, 2.0-liter naturally-aspirated petrol engine, and a 186bhp, 2.0-liter petrol engine with Toyota's self-charging strong hybrid technology.
The upcoming next-generation Fortuner is set to make its global debut in 2024. The SUV will feature a brand-new design, an updated cabin, and a new engine option. It will be built on Toyota's latest TNGA-F architecture, which also serves as the foundation for the Tundra, Sequoia, and Land Cruiser SUVs.
The upcoming Toyota SUV Coupe, codenamed A15, will be based on the Fronx crossover and is expected to incorporate styling elements from the Yaris Cross. It will be available with two petrol engine options, including a 100bhp, 1.0-liter 3-cylinder Boosterjet turbo, and an 89bhp, 1.2-liter Dualjet 4-cylinder petrol engine.
Both are equipped with Suzuki's mild hybrid technology.
