Bangalore September 1, 2010: Toyota Kirloskar Motor has registered a growth of 26% in sales in August 2010 compared to the same period last year. It sold 6361 units in August 2010 against 5045 units in August last year.
A growth of 62% has been recorded for the period January to August 2010, over the same period last year.
Commenting on the month’s performance, Mr. Sandeep Singh, Deputy Managing Director-Marketing TKM, said, “The Corolla Diesel that was launched in the end of July has lived up to our expectations with around 2000 bookings since its launch. August also marked the first anniversary of the Fortuner in India, as well as reaching the milestone of 10,000 units sold which we celebrated by introducing the Fortuner Anniversary Edition."
Toyota Kirloskar Motor Private Limited (toyotabharat.com) is a joint venture between Kirloskar Group and Toyota Motor Corporation. Toyota Kirloskar Motor Private Limited (TKM) aims to play a major role in the development of the automotive industry and the creation of employment opportunities. TKM's growth since inception can be attributed to one simple, yet important aspect of its business philosophy - "Putting Customer First". TKM firmly believes that the success of this venture depends on providing high quality products and services to all valued customers through the efforts of its team members
Company name: Toyota Kirloskar Motor Private Limited
Location: Outskirts of Bangalore, Karnataka State
Establishment: October 1997 (start of production: December 1999)
Managing Director: Mr. Hiroshi Nakagawa
Equity participation: TMC: 89%, Kirloskar Group: 11%
Land area: Approx. 432 acres (approx. 1.744,848 m2)
Annual production capacity: Approx. 80,000 units
Products: Corolla Altis, Innova, Fortuner manufactured in India. Camry, Prado, Land Cruiser imported as CBUs.
2009 production results: 51, 133 units
Number of employees: Approx. 3600 (as of December 2009)
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