1st February, 2022 – Bengaluru: Toyota Kirloskar Motor (TKM) today announced that the company sold a total of 7328 units in January 2022. The company had sold a total of 11,126 units in domestic wholesales in the corresponding period last year. TKM also launched the new Camry Hybrid last month which has received a very encouraging response from customers. Moreover, the company achieved yet another significant milestone last month, with the Toyota Glanza and the Urban Cruiser together clocking cumulative wholesales of over one lakh units and have helped TKM tap 66% first time buyers especially in the tier II & III markets.
Commenting on the month’s performance, Mr. Atul Sood, Associate Vice President, Sales and Strategic Marketing, TKM, said, “We started the new year with the launch of the new Camry Hybrid. Being the only locally manufactured strong, self-charging hybrid electric vehicle in India, the Camry Hybrid has created a niche for itself and has received very encouraging customer orders this past month. The Toyota Vellfire too, that defines sustainable luxury & indulgence for Indian customers, continues to garner healthy orders.
Last month also witnessed a very important milestone in terms of the Toyota Glanza and Urban Cruiser clocking cumulative wholesales of over one lakh units. Ever since its launch, the Glanza and the Urban Cruiser have helped TKM garner young-millennial customers who are not only seeking exceptional automobile ownership experience, but also the best balance of economically viable options. Lastly, both the Innova and the Fortuner continue to peak interest, as both the models have robust customer orders and this has increased our order pipeline significantly”, 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. |
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 | Camry Hybrid |
Installed Production capacity | Up to 2,10,000 units |