Toyota Kirloskar Motor sold 12705 units in February 2018
Registers a growth of 3% in domestic sales
Bangalore, Toyota Kirloskar Motor sold a total of 12,705 units in the month of February 2018. TKM sold 11,864 units in the domestic market & exported 841 units of the Etios series. TKM sold a total of 11,543 units in the domestic market and exported 570 units of the Etios series in February 2017.
Commenting on the sales performance, Mr. N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, “We are happy that we have been able to sustain the positive growth trend registering a 3% growth in February. We have started the year 2018 on a positive note with a cumulative growth of 11% in the first two months of Jan –Feb 2018.
Toyota unveiled its world class sedan, Toyota Yaris with 12 first in segment features at Auto Expo recently . It is a pleasure to see the positive attention and interest it has generated already amongst Indian customers. With the launch of the product in May 2018 we hope to boost our sales momentum. We will further strengthen focus on our segment leading products Fortuner, Innova Crysta and Corolla with better operational efficiency.
The National Auto Policy Draft has been very encouraging with a clear focus and push towards ‘technology agnostic’ green mobility roadmap.We are optimistic that such measures to promote cleaner and greener technologies will further promote the Hybrid technology and rationalize the GST structure for automobiles”
Overview of TKM
|Company name||Toyota Kirloskar Motor Private Limited|
|Equity participation||TMC: 89%, Kirloskar Group: 11%|
|Number of employees||Approx. 7, 000 +|
|Land area||Approx. 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)|
|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:
|Start of Production||December 2010|
|Location||On the site of Toyota Kirloskar Motor Private Limited, Bidadi|
|Products||Corolla Altis, Etios, Etios Liva, Etios Cross, Camry & Camry Hybrid|
|Installed Production capacity||Upto 2,10,000 units|
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