Toyota Kirloskar Motor Plans Temporary Production Adjustment
Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced its plans of making temporary production adjustments. This decision has been taken in light of the supply difficulties
- (1888PressRelease) April 26, 2011 - Bangalore: Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced its plans of making temporary production adjustments. This decision has been taken in light of the supply difficulties, following the March 11, earthquake and tsunami in Japan.
Production will be suspended on Mondays and Fridays between April 25 and June 4.TKM will operate at approx 30% of its normal capacity during this period.
There will be no impact on TKM's service and spare parts supply operations. Customer services at the dealership will be conducted as usual.
Mr. Hiroshi Nakagawa, Managing Director said: "It is important to note that this is a necessary response to a short term supply issue and we intend to restore the normal operations as soon as possible. Our focus is on ensuring optimum stock management to reduce the impact on our customers from the immediate production shortfalls."
Mr. Sandeep Singh,Deputy Managing Director, Marketing,added "It may be difficult to avoid the inconvenience caused to our customers, and we deeply apologize for the same. We will try to minimise any delivery delays.
TKM will continue to update all its customers through dealers as well as the
Website - http://www.toyotabharat.com
The production schedule post June 4th will be decided upon in due course.
Overview of TKM
Company name -- Toyota Kirloskar Motor Private Limited
Managing Director -- President: Hiroshi Nakagawa (TMC)
Established -- October 1997 (start of production: December 1999)
Location --Suburb of Bangalore, Karnataka State
Products -- Corolla Altis, Innova and Fortuner manufactured in India. Camry, Prado, Land Cruiser and Prius imported as CBUs.
Annual production capacity -- Approx. 80,000 units
Equity participation -- TMC: 89%, Kirloskar group: 11%
Number of employees -- Approx. 4,650 (as of end of 2010)
Land area -- Aprox. 432 acres (approx.1,700,000 m2)
Building area -- 74,000 m2
Overview of TKM 2nd Plant
Location -- On the site of Toyota Kirloskar Motor Private Limited (on the outskirts of Bangalore, Karnataka State)
Products -- Etios Sedan and Hatchback Etios Liva (will go on sale in April 2011)
Start of production -- December 2010
Annual production capacity -- 70,000 units.
Visit http://www.toyotabharat.com for details
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