Toyota Recorded sales of 15,501 units in May

Toyota Kirloskar Motor (TKM) registered a growth of 108% in the month of May 2012.
 
June 1, 2012 - PRLog -- The company sold 15,501 units as compared to 7,470 units in May last year.

Etios recorded sales of 4,270 units as compared to 3,412 units in May last year, thereby registering a 25% growth. Etios Liva recorded sales of 2,587 units in May. The New Innova sold 6,710 units last month as compared to 2,961 units sold  in May last year, thereby registering a growth of  127%. The New Fortuner sold 1,399 units as compared to 672 units in the corresponding month last year thereby registering a 108% growth. The Corolla Altis sold 523 units.

“Production was affected by Tsunami last year, thus affecting sales in May 2011, with 7,470 units being sold. Last month, Etios, Etios Liva, New Innova and New Fortuner continue to show good results because of high customer confidence. The sales have been good, despite the low market sentiments. However, with the rupee weakening, we are unable to retain the current prices. We are forced to pass a part of it to our customers. There will be a 1% increase in the prices of Etios diesel  and Innova and a 0.5% increase in Fortuner and Etios Liva Diesel,  with effect from 1st June.” said Mr. Sandeep Singh, Deputy Managing Director- Marketing.

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.
Camry, 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 (Petrol & Diesel)
Start of production   December 2010
Annual production capacity   1,20,000 units
End
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