Toyota Kirloskar Motor (TKM) sells 12440 units in the month of October, registering a 34% growth over sales in September 2021
Clocks a cumulative wholesales growth of 78% from January to October in 2021 when compared to the corresponding period last year
October 31st 2021, Bangalore: Toyota Kirloskar Motor today announced that the company sold a total of 12,440 in the month of October 2021, thereby clocking a growth of 34% when compared to the wholesales in September 2021. For reference, the company had sold a total of 9284 units in September 2021 and a total of 12,373 units in October 2020.
| Wholesales | October | 2020 | 2021 | Growth |
| Domestic | 12,373 | 12,440 | 1% |
| Wholesales | 2021 | September | October | Growth |
| Domestic | 9284 | 12,440 | 34% |
| Cumulative Wholesales | January – October | 2020 | 2021 | Growth |
| Domestic | 60,116 | 106,993 | 78% |
Commenting on the sales, Mr. V. Wiseline Sigamani, Associate General Manager(AGM), Sales and Strategic Marketing, TKM said, “Demand in the market has been robust in the last few months and this can be attributed to various factors besides pent up demand. Customer orders too have been on a constant rise, restoring normalcy in demand trends when compared to pre-Covid times.
In the month of October, we have been able to register a 34% growth when compared to our sales in September 2021. Our cumulative wholesales from January to October has also reported a growth of 78%, when compared to sales in the corresponding period last year. Our flagship models Innova Crysta & the Fortuner, continue to dominate their respective segments. The Toyota Vellfire too has been performing exceptionally well, reiterating customer’s confidence in the brand. The Glanza and the Urban Cruiser are garnering good booking orders and we are working towards immediately catering to the pending orders in these segments”.
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 |
