TKM clocks sales of 8745 units in February 2022

Mr Tadashi Asazuma - Vice President, Marketing, Toyota Kirloskar Motor with Toyota Hilux-min
Mr Tadashi Asazuma - Vice President, Marketing, Toyota Kirloskar Motor with Toyota Hilux-min

Registers 19% growth over wholesales in January 2022

Bangalore, 2nd March 2022: Toyota Kirloskar Motor (TKM) today announced that the company sold a total of 8745 units in February 2022, thereby registering a growth of 19% when compared to sales in January 2022. The company had sold a total of 14,075 units in domestic wholesales in February 2021 and 7328 units in January 2022.

Expressing his views on the performance for the month, Mr. Atul Sood, Associate Vice President, Sales and Strategic Marketing, TKM, said, “First of all, we would like to thank all our customers for the overwhelming response that the new Camry Hybrid has received, as we have very promising booking orders for the new Camry Hybrid. Similarly, the overall sentiment in the market continues to remain positive as we witness a steady surge in demand trends. This has also led to a consistent rise in order bookings, especially for the Innova Crysta as well as the Fortuner and as a next step, we are looking forward to cater to the pending orders on our side”, 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. 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

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.