Toyota Kirloskar Motor Registers a Whopping 81% Growth in the month of March 2017

  • New Fortuner sales cross 10,000 units in less than five months of its launch
  • TKM registers a 12% growth in sales in Financial Year 2016-2017 when compared to the sales in Financial Year 2015-2016

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Bangalore, March 31st 2017 – In the month of March 2017, Toyota Kirloskar Motor registered a massive 81% growth in its domestic sales when compared to its sale in March 2016. TKM sold a total of 13,796 units in the domestic market and exported 636 units of the Etios series in March 2017. The company had sold 7637 units in the domestic market and exported 1370 units of Etios series in March 2016.

With the end of this financial year, Toyota also registered a 12% growth in sales from the period April 2016 to March 2017 when compared to sales in financial year April 2015 to March 2016.This growth can be attributed to the overwhelming response the Innova Crysta has received. In just less than a year, the Crysta has sold close to 75,000 units in India. The Camry Hybrid has also been performing consistently reinforcing customer’s acceptance towards hybrid technology.

Commenting on the monthly sales, Mr. N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said, “We clocked a massive growthof 81% this month when compared to the domestic sales in March 2016. Both the new Fortuner & Innova Crysta have attributed to this growth. In just five months, the new Fortuner has been able to clock more than 10,300 units which further reiterates its popularity amongst our customers. We would like to thank our customers for this overwhelming response.

The Platinum Etios and the new Liva dual tone have also contributed to our monthly sales growth. The recently launched Liva dual tone has got a positive response from the market thereby increasing sales of Liva. We also launched the new Corolla Altis this month and are confident that our customers will appreciate it.

With the end of this financial year, we are happy to announce that Toyota has registered a growth of 12% when compared to the last financial year. This has been possible with the launch of our two new products, the Innova Crysta and the new Fortuner. This growth further reinforces the trust our customers have in Toyota products and we would like to thank our customers for this appreciation,” continued Mr. N. Raja.

Via Toyota India Press Release

Toyota Kirloskar Motor Registers 21% Growth in the month of January 2017

New Fortuner & Innova Crysta continue to grow and delight customers

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Bangalore, January 31 st, 2017: In the month of January 2017, Toyota Kirloskar Motor registered a 21% growth in domestic sales and 22% growth in overall sales when compared to the sale in January 2016. TKM sold a total of 10,336 units in the domestic market and exported 916 units of the Etios series in January 2017. The company had sold 8,511 units in the domestic market and exported 745 units of Etios series in January 2016.

Commenting on the monthly sales, Mr. N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said, “We recorded a 21% growth in sales in January 2017 when compared to the sales in January last year. Three months into demonetization and we can slowly see that the market is reviving with increased footfalls and customer enquiries. In fact, even with demonetization in effect, we have still managed to record a 17% growth in sales in the last three months when compared to the same period last year. This has been possible due to the overwhelming response the new Fortuner and Innova Crysta have received and we would like to thank our customers for the same”.

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 Aprox. 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