Toyota Kirloskar Motor registers 10% growth in domestic market in November 2016

Posted by: at 12/01/2016 02:09:00 am

-          All new Fortuner & Innova Crysta drive Toyota sales
-          Innova Crysta clocks 50,000 units within 6 months of its launch 

Bangalore, December 1st, 2016 – In the month of November 2016, Toyota Kirloskar Motor sold a total of 11,309 units in the domestic market registering a growth of 10% when compared to the same period last year. The company also exported 1284 units of the Etios series in November 2016 clocking a total of 12,593 units. Toyota Kirloskar Motor had sold 10,278 units in the domestic market and exported 1,110 units of Etios series in November 2015.

All New Fortuner with Toyota Genuine Accessories
All New Fortuner with Toyota Genuine Accessories

Commenting on the monthly sales, Mr. N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said “November has been a very exciting month for us as we launched one of the most anticipated products of the year- the all new Fortuner. We are overwhelmed by the response it has received with over 6200 bookings already. This has also encouraged us to meet the demands and expectations of our customers as we have shipped close to 2500 units of the new Fortuner to our dealerships across the country. The sale of new Fortuner has almost doubled this month when compared to the same period last year.

The Innova Crysta and the Platinum Etios have also done really well this month with the Crysta clocking more than 50,000 units in just six months of its launch in India. Considering that the Innova Crysta falls in the premium MPV segment, achieving 50,000 units is a very important milestone for us and we would only like to pass on our gratitude to the customers who have made it possible.

However, demonetization has had its impact on our sales as it has effected customer walk-ins at dealerships, order bookings and timely deliveries. This will pose as a major challenge in the upcoming days as the customers are still dealing with the effects of demonetization. Just to help our customers during this phase, we have introduced various cashless schemes like 100% on road funding, payments through E Wallet and Pay TM to ensure smooth & hassle free buying experiences. We thank our customers for their patience and understanding”, continued Mr. N. Raja.


Overview of TKM

Company name
Toyota Kirloskar Motor Private Limited
Equity participation
TMC: 89%, Kirloskar Group: 11%
Number of employees
Approx. 7, 000 +
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)
Location
Bidadi
Products
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, Etios, Etios Liva, Etios Cross, Camry & Camry Hybrid
Installed Production capacity
Upto 2,10,000 units



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