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Follow on Google News | Toyota Kirloskar Motor Records 89% GrowthToyota 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.
By: Darshan PV New Delhi, February 2012: 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. Overview of TKM Company name Toyota Kirloskar Motor Private Limited Managing Director Equity participation TMC: 89%, Kirloskar Group: 11% Number of employees 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 Products Camry, Prado, Land Cruiser and Prius imported as CBUs. Annual production capacity Overview of TKM 2nd Plant: Location Products Start of production Annual production capacity 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 End
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