Toyota Kirloskar Motor Records 89% Growth
Toyota Kirloskar Motor (TKM) began the year with a robust growth of 89%. The company sold 17,395 units as compared to 9,187 units in January last year.
- (1888PressRelease) February 04, 2012 - New Delhi: Toyota Kirloskar Motor (TKM) began the year with a robust growth of 89%. The company sold 17,395 units as compared to 9,187 units in January last year.
The Etios series propelled growth by selling 8,874 units. The Etios sold 4,844 units of Etios as compared to 1,651 units last year. Etios Liva also sold very well recording a sale of 4,030 units.
The New Innova and New Fortuner launched at the Delhi Auto Expo recorded sales of 6,794 units and 941 units respectively. The Corolla Altis sold 785 units.
"It's been a good start to the year with a robust growth. We are happy with the response to the Etios series, the New Innova and the New Fortuner . The increase in the plant capacity has helped us cater to the large demand for our vehicles facilitating higher sales last month. We expect to see a further growth in Fortuner sales with an increase in its production from this month onwards." said Mr. Sandeep Singh, Deputy Managing Director- Marketing.
Visit:- http://www.toyotabharat.com for details
Overview of TKM
Company name Toyota Kirloskar Motor Private Limited
Managing Director Hiroshi Nakagawa
Equity participation TMC: 89%, Kirloskar Group: 11%
Number of employees Approx. 6,000 +
Land area Approx. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
Overview of TKM 1st Plant
Established October 1997 (start of production: December 1999)
Location Suburb of Bangalore, Karnataka State
Products Innova, Fortuner manufactured in India.
Camry, Prado, Land Cruiser and Prius imported as CBUs.
Annual production capacity Approx. 90,000 units
Overview of TKM 2nd Plant:
Location On the site of Toyota Kirloskar Motor Private Limited (on the outskirts of Bangalore, Karnataka State)
Products Corolla Altis, Etios, Etios Liva (Petrol & Diesel)
Start of production December 2010
Annual production capacity 1,20,000 units
Visit:- http://www.toyotabharat.com for details
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