Toyota Kirloskar Motor Increases Prices of Key Models

BANGALORE, India - Oct. 1, 2013 - PRLog -- New Delhi, September 17th, 2013: Toyota Kirloskar Motor today announced an increase in the prices of its key models, effective September 21st, 2013. The price increase of the Etios, Etios Liva,  Innova and  Corolla Altis will be upto 1.50 per cent.

The range of price increase for each product is:

- Etios-  Rs 4,000 to Rs 8,000
- Etios Liva – Rs 4,500 to Rs 8,600
- Innova - Rs. 7,000 to Rs. 11,000
- Corolla Altis - Rs. 11,000 to Rs. 24,000

Due to inflation, falling rupee and increase in the cost of materials, the company was forced to pass on the increase in cost, to the customers.

For more info on our product & services visit: http://www.toyotabharat.com

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
Total Installed Production capacity - Upto 3,10,000 units

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.
Prado, Land Cruiser and Prius imported as CBUs.
Installed Production capacity     Upto 1,00,000 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, Camry, Camry Hybrid
Start of production - December 2010
Installed Production capacity - Upto 2,10,000 units

For any further information please contact:
Toyota Kirloskar Motor Pvt. Ltd.
Tarunya Mohan
Mobile : 0-9740900029
E-mail: tarunyamohan@toyota-kirloskar.co.in