Toyota Kirloskar Motor Sells 13,245 units in October

Toyota Kirloskar

Toyota Kirloskar Motor has sold a total of 12606 units in the domestic market this month of October 2018. The company exported 639 units of the Etios series this month thus clocking a total of 13245 units.  TKM sold a total of 12403 units in the domestic market and exported 1597 units of the Etios series in October 2017.

The company shows growth of 15% for April to October 2018.  

    October 2018 October 2017  
Sales Data October 2018 2017 Month on month Growth
Domestic 12,606 12,403 2%
Exports 639 1,597  
Total 13,245 14,000
  Cumulative Apr-October 92,152 80,360  
April to October 2018 domestic sales growth of 15% compared to the same period in 2017

The company has witnessed a growth of 15% in domestic sales from April-Oct 2018 as compared to the same period last year. This growth has been primarily driven by the positive sales growth of Innova Crysta, Fortuner, Etios Liva and the positive response to Yaris.

Commenting on the sales performance, N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, “ We are happy that we have been able to sustain good customer demand despite the dampening effect on consumer sentiment owing to hike in fuel prices, higher interest rates and increase in insurance premium.

Innova Crysta has witnessed a growth of 11% in April to Oct 2018 as compared to the same period in 2017. Says the company “We are thankful to our customers for their endless support to the brand and the trust they have shown for our products which define Quality, Durability, and Reliability.  Additionally, Etios Liva, one of the most popular choices of Indian families has registered a growth of 17% from April to October 2018 contributing significantly towards the overall sales growth.”

Toyota Kirloskar Motor expects the buying sentiment to improve in the upcoming months and thus ensuring a positive sales momentum in the auto industry.

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, Toyota Yaris, Etios, Etios Liva, Etios Cross, Camry & Camry Hybrid
Installed Production capacity Upto 2,10,000 units
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