Bangalore, June 1st 2019.
In the month of May 2019, Toyota Kirloskar Motor sold a total of 12138 units in the domestic market. The company exported 928 units of the Etios series this month thus clocking a total of 13066 units. Toyota Kirloskar Motor sold a total of 13113 units in the domestic market in the month of May 2018. The company exported 827 units of the Etios series this month thus clocking a total of 13940 units.
|May 2019||May 2018|
|Wholesales Data||May||2019||2018||Month on month Growth|
Commenting on the sales performance, Mr. N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, “The customer demand hadwitnessed a continued slowdown before the election results. Customers have been cautiously spending which has led to sluggishness in the domestic auto sales. Added factors like liquidity tightening, high insurance costs, increase in fuel costs have also weakened the retails.
However, with the formation of a stable Government now at Centre, there is an increase in customer walk-ins post the election results announcement which would brighten the sales in upcoming months.
We are excited about the upcoming launch of Toyota Glanza on June 6th, it would mark our entry into the premium hatchback segment to cater to the growing demands of our existing and prospective customers. We are confident Glanza backed by Toyota’s unique sales and service efficiency will create a new benchmark in the industry in customer delight.”
Overview of TKM
|Company name||Toyota Kirloskar Motor Private Limited|
|Equity participation||TMC: 89%, Kirloskar Systems Limited (Mr. Vikram S. Kirloskar): 11%|
|Number of employees||Approx. 6,500|
|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)|
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, Toyota Yaris, Etios, EtiosLiva, Etios Cross, Camry & Camry Hybrid|
|Installed Production capacity||Upto 2,10,000 units|