Toyota Kirloskar Motor sells 8116 units in the month of September 2020

Registers a 46% growth when compared to August 2020

October 1^st 2020, Bangalore: Toyota Kirloskar Motor today announced that the company sold a total of 8116 units in the month of September 2020, thereby clocking a growth of 46% when compared to the wholesales in August 2020 (the company had clocked 5555 units in the month of August 2020). For reference, the company had sold a total of 10,203 units in the domestic market in September 2019 and had exported 708 units of the Etios as well.

Commenting on the month’s performance, Mr. Naveen Soni, Sr. Vice President, Sales & Service- TKM said, “We are seeing demand pick up and a lot more confidence in our dealers, thereby witnessing a 14 to 18% growth in orders when compared to last few months. September has been our best month so far, ever since the pandemic hit us in March 2020. Factors leading to this can be attributed to the pent up demand amongst customers as well as the onset of the festive season.

In terms of production, our manufacturing side has gone back to two shift production a day, thereby supporting us to keep up with the demand. Another factor leading to such demand could be attributed to the new launches in the market. TKM also announced the launch of Urban Cruiser in September and we have got a very good response from our customers and the market, ever since we opened the bookings for Urban Cruiser. We are grateful towards our loyal customers who have pre-booked the Urban Cruiser as this reiterates their trust and faith on brand Toyota”, 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. 6,500
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 1^st 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 2^nd Plant:

Start of Production	December 2010
Location	On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products	Toyota Yaris, Camry Hybrid
Installed Production capacity	Up to 2,10,000 units