Toyota Records 49% Growth in April
Toyota Kirloskar Motor (TKM) registered a growth of 49% in the month of April 2012. The company sold 14,378 units as compared to 9,681 units in April last year. The Etios series recorded a sales of 5,624 units as compared to 4,657 units in April last year, thereby registering a 21% growth .The New Innova sold 6,582 units last month as compared to 3,464 units sold in April last year, thereby registering a growth of 90%. The New Fortuner sold 1,270 units as compared to 739 units in the corresponding month last year thereby registering a 72% growth. The Corolla Altis sold 881 units.
“The Etios series, Innova, Fortuner continue to register growth in April. However, the market sentiments seem to be low with the enquiry levels gone down across the industry.” said Mr. Sandeep Singh, Deputy Managing Director- Marketing.
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 |
Aprox. 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 |