Toyota Kirloskar Motors annual sales up 82 %

FOR IMMEDIATE RELEASE
Bangalore, Karnataka, India, Republic of (Free-Press-Release.com) January 3, 2012 -- Toyota Kirloskar Motors annual sales up 82 %
Dec sales registers highest growth with 151%

New Delhi 1st Jan 2012: Toyota Kirloskar Motor more than doubled its growth with 15,948 units sold in Dec 2011 as compared to 6,362 units in the corresponding month last year, thereby registering its highest growth in the year with 151%. TKM registered an annual growth of 82% in the year 2011. The company sold 1,36,150 units as compared to 74,762 units in the previous year.

The Etios series sales topped the yearly sales volume with 43,313 units of Etios and 20,262 units of Etios Liva sold respectively.

Commenting on the year’s performance Mr. Sandeep Singh, Deputy Managing Director – Marketing said “The past year has seen good sales in TKM despite challenging market conditions and unforeseen and unfortunate occurrence of Tsunami in Japan and floods in Thailand. The Etios series, the sales driver in 2011, has sold well. The Innova, Fortuner and Corolla Altis followed with 51,930 units, 10,946 units and 9,283 units respectively. We take this opportunity to thank our customers for their trust and faith that has added to the popularity of Toyota in India. The coming year is of vital importance as we get to witness and contribute to the growing Indian auto industry.

We have a new array of vehicles lined up for the year 2012. We are looking forward to the prestigious Delhi Auto Expo 2012 , where we will showcase the New face of Toyota with the New Innova , New Fortuner, New LC 200 , New Prius and New Camry, in addition to our existing line up of vehicles. We also have a few surprises and excitement awaiting you at our exhibit at the Lake Hangar. Watch out for the “Etios Motor Racing”. Toyota wishes all a Happy and Prosperous New Year.”

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 Etios, Etios Liva, 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. 5,000 +
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, Etios Liva (Petrol & Diesel)
Start of production- December 2010
Annual production capacity- 80,000 units

http://www.toyotabharat.com/

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