IMV - Series Vehicle Cumulative Global Production and Sales crosses record 5 million units

Toyota Motor Corporation, Japan today announced that the (Innovative International Multi-purpose Vehicle) IMV Series Vehicle Cumulative Global Production and Sales crossed 5 million units.
 
April 6, 2012 - PRLog -- Toyota initiated the IMV project to create an optimized global manufacturing and supply system for pick-up truck, minivan, and SUV to cater to the market demand in more than 140 countries and regions worldwide.

Under the IMV project Toyota manufactures diesel engines in Thailand, gasoline engines in Indonesia and manual transmissions in India and the Philippines.  These are supplied to the countries manufacturing vehicles on the IMV platform.

The IMV series vehicles are manufactured in 11 locations across the globe.  For vehicle assembly, Toyota will use plants in Thailand, Indonesia, Argentina and South Africa. These are four main IMV production bases that also export IMV vehicles.

Hilux, Innova and Fortuner are the vehicles manufactured on the IMV platform are Innova and Fortuner are the two models from the IMV series that are manufactured in India.

Commenting on the IMV vehicles in India Mr. Hiroshi Nakagawa, Managing Director, Toyota Kirloskar Motor (TKM) said “We are very happy to have touched the record 5million mark in global production and sales of the IMV series vehicles. India is one of the leading IMV countries and has played an important role in the success of the IMV project. This underlines the faith that Indian customers have placed in the Innova and Fortuner through the years, that has translated into its success in India.

“The Innova and Fortuner like all IMV series vehicles are designed to provide unprecedented satisfaction in terms of comfort, styling, handling, safety, fuel economy, and environmental sensitivity. The New Innova and New Fortuner have been very well received. The Innova and Fortuner are very successful models in India. Innova achieved cumulative sales of around 3, 28,000 units since its launch in 2005 and Fortuner around 30,000 units since its launch in 2009 added Mr.  Sandeep Singh, Deputy Managing Director – Marketing, TKM .  

Awards won by Innova and Fortuner in India

Toyota Innova:

Sr. No.   Year   Publication   Award
1   2005   Business Standard Motoring Awards   Best MUV
2   2006   Business Standard Motoring Awards   MPV of the year
3   2006   NDTV Profit Car & Bike India Awards 2006   Best MPV of the year
4   2006   CNBC-TV18 OVERDRIVE AWARDS    UV of the year
5   2010   Auto Bild India: The Golden Steering Wheel awards   Consumer favorite Large Family Car 2010

Toyota Fortuner:

Sr. No.   Year   Publication   Award
1   2009   ET ZigWheels Car and Bike of the Year Award   SUV Of the Year
2   2010   Auto Bild India: The Golden Steering Wheel awards   Consumer favorite Enthusiast focused Car 2010
3   2010   Auto Bild India: The Golden Steering Wheel awards   Consumer favorite Off Road 2010
4   2010   Autocar India Awards    SUV of the year & Viewers choice award car
5   2010   CNBC-TV18 OVERDRIVE AWARDS    SUV of the year

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

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