Toyota Kirloskar Motors 24% growth in sales

June 1, 2011 - PRLog -- •   7470 units sold in May  2011
•   Registers  24%  growth in sales when compared to the same period last year
•   3412  units of Etios sold  in May  2011

Bangalore, June 1st, 2011: Toyota Kirloskar Motor registered sales of 7470 units in May 2011. The company sales grew by 24% when compared to the corresponding period last year. Etios sold 3412 units in May 2011.

Mr. Sandeep Singh, Deputy Managing Director, Marketing, TKM said, “The actual impact of the suspension of production is seen in the drop in sales in May. The production was back to full swing from 20th May onwards, much earlier than expected. We are now back on track and are all set to launch the Etios Liva. With the increase in Etios production, we would like to bring down the waiting period to one month before we launch Liva. The launch will be as per schedule in the last week of June”. Visit http://www.toyotabharat.com for details



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