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  • Toyota Kirloskar Motor sells 15001 units in domestic sales in March 2021, making it the highest ever sales in the month of March in the last eight years

    Published on April 1, 2021

    Bangalore: Toyota Kirloskar Motor today announced that the company sold a total of 15,001 units in the month of March 2021, thereby clocking a year on year growth of 114% in domestic sales, when compared to the corresponding period last year. In March 2020 just before the nation-wide lockdown was announced, the company had registered sales of 7023 units across the country. For reference, TKM had sold 14,075 units in the month of February 2021.

    WholesalesMarch20212020Month on month Growth
    Domestic150017023114%

    Commenting on the month’s performance, Mr. Naveen Soni, Sr. Vice President at TKM said, “We have been able to sustain the growth momentum as we closed the last quarter registering a 73% growth in domestic sales, when compared to the sales in the corresponding period last year (Jan- Mar 2020). In fact, last month witnessed the highest ever domestic sales in the month of March since 2013, helping us clock 114% growth over wholesales compared to March 2020. Our sales performance in the last quarter proved to be better than the sales in the festive season of the third quarter (Oct- Dec 2021), clocking a growth of 42%.

    The demand for personal mobility still continues to grow as we witness a surge in both enquiries and customer orders thereby registering a 7% growth in domestic sales in March 2021 when compared to the sales in February 2021. This reiterates the popularity of the brand amidst our customers which has been further enhanced by the two new recent launches of the new Innova Crysta and the New Fortuner, as well as the Legender. Here, we only have our customers to thank for their trust & faith in the brand”, he concluded.

    Overview of TKM:

    Company nameToyota Kirloskar Motor Private Limited
    Equity participationTMC: 89%, Kirloskar Systems Limited (Mr. Vikram S. Kirloskar): 11%
    Number of employeesApprox. 6,000
    Land areaApprox. 432 acres (approx.1,700,000 m2)
    Building area74,000 m2
    Total Installed Production capacityUp to 3,10,000 units


    Overview of TKM 1st Plant:

    EstablishedOctober 1997 (start of production: December 1999)
    LocationBidadi
    ProductsInnova, Fortuner manufactured in India.
    Vellfire imported as CBU
    Installed Production capacityUp to 1,00,000 units

    Overview of TKM 2nd Plant:

    Start of ProductionDecember 2010
    LocationOn the site of Toyota Kirloskar Motor Private Limited, Bidadi
    ProductsToyota Yaris, Camry Hybrid
    Installed Production capacityUp to 2,10,000 units

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