Toyota Kirloskar Motor plans Temporary production adjustment
New Delhi: Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced its plans of making temporary production adjustments. This decision has been taken in light of the supply difficulties, following the March 11, earthquake and tsunami in Japan.
Production will be suspended on Mondays and Fridays between April 25 and June 4.TKM will operate at approx 30% of its normal capacity during this period.
There will be no impact on TKMâ€˜s service and spare parts supply operations. Customer services at the dealership will be conducted as usual.
Mr. Hiroshi Nakagawa, Managing Director said: Ã¢â‚¬Å“It is important to note that this is a necessary response to a short term supply issue and we intend to restore the normal operations as soon as possible. Our focus is on ensuring optimum stock management to reduce the impact on our customers from the immediate production shortfalls.Ã¢â‚¬
Mr. Sandeep Singh,Deputy Managing Director, Marketing,added Ã¢â‚¬Å“It may be difficult to avoid the inconvenience caused to our customers, and we deeply apologize for the same. We will try to minimise any delivery delays.Ã¢â‚¬
TKM will continue to update all its customers through dealers as well as the website - www.toyotabharat.com.
The production schedule post June 4th will be decided upon in due course.
For details, please refer to http://www.toyotabharat.com/
Overview of TKM:
Company name Toyota Kirloskar Motor Private Limited
Managing Director Hiroshi Nakagawa
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, Prius and Land Cruiser imported as CBUs.
Annual production capacity Approx. 80,000 units
Equity participation TMC: 89%, Kirloskar group: 11%
Number of employees Approx. 4650
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 Liva (will go on sale in April 2011)
Start of production December 2010
Annual production capacity 70,000 units
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