Posted on Apr. 05, 2005

  • Innova records impressive sales, 4,011 units sold in March 2005
  • Corolla records highest ever sales since launch
  • Toyota records 25% sales growth in March 2005
  • Toyota registers total sales of 43,077 units in 2004-2005

Toyota Kirloskar Motor (TKM) posted a strong sales performance in March 2005 accentuated by the launch of India's first 3-row seating passenger car, Toyota Innova.

In line with its target to sell 45,000 units of Innova in 2005, TKM sold 4,011 Innova in the month of March 2005. Toyota Innova continues to show high interest amongst MPV and Sedan buyers and has notched up over 12000 bookings within a month of its launch and generated more than 30000 enquiries.

Toyota Corolla, India' s largest selling car in the Executive segment continues to be India's No 1 bestseller in its segment with sales of 1,332 units, a 47% increase over the corresponding period last year. This is the highest ever sale of Corolla since its launch in India. Corolla's cumulative sales figures for the period April 2004-March 2005 stands at 9,942 units.

The sales figures of world-class luxury sedan Camry stood at 136 units while the demand for Landcruiser Prado has been increasing with the vehicle notching up total sales of 39 units in March 2005. Pending orders continue to be high for the Prado, demonstrating its high acceptance in the premium SUV segment.

Thanks to the strong sales performance posted by its vehicles Innova and Corolla, Camry and Prado in the last year, cumulative sales of Toyota vehicles in 2004-2005 stand at 43,077 units, as compared to 42,547 units in 2003-2004. Corolla sold 9,942 units and Camry sold 872 units from April 2004 - March 2005.

March 2005 witnessed 25% increase in sales registering sales of 5,518 units as compared to 4,410 units in March 2004. This is the highest ever sale recorded by TKM across all products till date.

TKM is encouraged by the fact that despite Qualis not being available in market for two months, we have managed to outperform last years sales figures. TKM is confident that 2005-2006 will witness the growth of Toyota brand in India, with increased market share, in-line with our long term growth plans."

About Toyota Kirloskar Motor

TKM is a joint venture between Toyota Motor Corporation and the Kirloskar Group. TKM has invested nearly Rs. 1,500 crores in its plant at Bidadi, employing over 2,300 people. The plant started production in December 1999 and has a capacity of producing 60,000 units annually.