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|
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)|
|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|