Toyota Kirloskar Motor Increases Prices of Key Models

PRLog (Press Release) - Sep. 30, 2010 - Toyota Kirloskar Motor today announced an increase in prices of its key models, effective October 1, 2010. The price increase of the Innova, Corolla Altis and Fortuner will be upto 1.50 per cent.
The range of price increase for each product is:
Innova    - Rs. 10,000 to Rs. 17,000
Corolla Altis   - Rs. 10,000 to Rs. 14,000
Fortuner   - Around Rs. 29,000


About Toyota Kirloskar Motor:

Company name  :  Toyota Kirloskar Motor Private Limited

Location                :  Outskirts of Bangalore, Karnataka

Establishment   :  October 1997 (start of production: December 1999)

Managing Director : Hiroshi Nakagawa

Equity participation  : TMC: 89%, Kirloskar Group: 11%

Land area        :  Approx. 432 acres (approx. 1.744,848 m2)

Annual production capacity  : Approx. 80,000 units

Products        :            Corolla Altis, Innova and Fortuner are manufactured in India.Camry, Prado, Land Cruiser and Prius are imported as CBUs.

Number of employees :  Approx. 3900

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