Toyota Kirloskar Motor (TKM) sold 10,352 units in November 2012 as compared to 13,956 units in the corresponding month last year.The sales dipped by 26% when compared to November sales last year.
Online PR News – 05-December-2012 – Bangalore – December 1, 2012, Bangalore : Toyota Kirloskar Motor (TKM) sold 10,352 units in November 2012 as compared to 13,956 units in the corresponding month last year.
The sales dipped by 26% when compared to November sales last year.
Innova registered a 9% growth with 4,682 units being sold as compared to 4,308 units sold in November last year. Fortuner registered a 19% growth with 1,025 units sold as compared to 860 units in the corresponding month last year. The Etios series sold 4,231 units as compared to 8,271 units in Novemebr last year. Corolla Altis and Camry sold 362 and 46 units respectively in November.
Commenting on the sales performance Mr. Sandeep Singh, Deputy Managing Director, Marketing “The sales have dropped this month due to a plant shut down, to ramp up the annual production capacity from 2,10,000 units to 3,10,00 units, for the next calendar year. The first plant manufacturing Innova and Fortuner was shut down for a week and the second plant manufacturing Etios, Etios Liva and Camry was shut down for a period of 15 days. The market is yet to pick up pace. We hope to see growth next month due to the year ending sales. The market is expected to grow in the first quarter of next year.”
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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 Approx. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
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.
Annual production capacity Approx. 90,000 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, New Camry
Start of production December 2010
Annual production capacity 1,20,000 units
For any further information please contact:
Toyota Kirloskar Motor Pvt. Ltd.
Mobile : 0-9740900029