Toyota Kirloskar Motor (TKM) sales in Jan 2013 have seen a 10.42% increase from Dec 2012 sales of 12,071 units.
Online PR News – 06-February-2013 – Bangalore, Karnataka State – February 1, 2013, Bangalore: Toyota Kirloskar Motor (TKM) sold 13,329 units in January 2013 as compared to 17,395 units in the corresponding month in 2012, sales declined by 23%. The company sales in Jan 2013 have seen a 10.42% increase from Dec 2012 sales of 12,071 units.
The company exported 1,791 units of Etios series to South Africa in Jan 2013. The total sales registered were 15,120 units including exports.
Commenting on the sales in Jan 2013, Mr. Sandeep Singh, Deputy Managing Director and Chief Operating Officer, Marketing and Commercial said “The market is still witnessing a slowdown, especially the passenger car segment. The prospects for the second half of 2013 look better. The repo rate cut is a welcome step. With the budget round the corner we are looking for some more measures that will bring about positive growth.”
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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 Aprox. 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