Toyota Kirloskar Motor registers 17% growth in wholesales as compared to wholesales in August 2021…
Bangalore, 1st September 2022: TKM today announced that the company sold a total of 14,959 units in the month of August 2022, thereby registering a growth of 17% over wholesales in August 2021. For reference, TKM had sold 12,772 units in the month of August 2021. Cumulative wholesales in the period April to August in 2022, has also witnessed a promising growth of 68% when compared to the corresponding period last year.
Commenting on the month’s performance, Mr. Atul Sood, Associate Vice President, Sales, and Strategic Marketing, TKM said, “Last month our segment leading models like the Innova Crysta, Fortuner and the Legender witnessed unprecedented customer orders, further reiterating the strong appreciation that Toyota models enjoy in these segments. The cool new Glanza and the Urban Cruiser continue to garner customer interest as well as robust customer orders. Toyota’s luxurious yet sustainable offering in the premium MPV segment, the Vellfire has performed exceptionally well, registering a growth of close to 120%. Similarly, the Camry Hybrid has garnered very encouraging customer orders last month.
In August, we also conducted the first media drive for the brand-new vehicle from Toyota, the Urban Cruiser Hyryder. The response towards the first strong self- charging hybrid electric model in the B SUV segment has been phenomenal, thus reinforcing customer’s faith and trust in Toyota’s advanced technology prowess. Furthermore, with the onset of the festive season, we hope the Urban Cruiser Hyryder along with the upcoming Limited Edition Crysta Gasoline, and all other vehicles in the Toyota line-up will further aid us in catering to the myriad mobility needs of our Indian consumers,” he concluded.
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. 6,000 Land area Approx. 432 acres (approx.1,700,000 m2) Building area 74,000 m2 Total Installed Production capacity Up to 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. Vellfire imported as CBU Installed Production capacity Up to 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 Toyota Camry Hybrid Installed Production capacity Up to 2,10,000 units