Bangalore, 7^th December 2017: Toyota Kirloskar Motor likely to hike prices across its models by up to 3% from January 2018. The company considered the price rise after reviewing input and freight costs periodically, which is also a general industry phenomenon.

“There has been an increase in the cost of manufacturing of vehicles. Frequent fluctuation in the global commodity prices and foreign exchange rates have continued to impact our input costs, from both domestic as well as import fronts. Toyota has been absorbing the additional costs all this while, protecting the customers from price increase. However, due to the continued pressure of high costs, Toyota is considering a price increase of upto 3% across models with effect from Jan 2018.

To further enhance customer delight in the year end, we are offering bountiful offer under the Remember December Campaign for Toyota customers.

Under Remember December Campaign, our customers can avail attractive schemes like 100% on road financing, interest rates starting at 4.99%, special EMI package. It also comprises of benefits ranging from Rs 40,000-Rs 90,000 varying from model to model across regions, also including additional benefits for Government and Corporate Employees. All these offers are valid up to December 31^st”, as said by Toyota Kirloskar Motor spokesperson.

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Overview of TKM

Company name	Toyota Kirloskar Motor Private Limited
Equity participation	TMC: 89%, Kirloskar Group: 11%
Number of employees	Approx. 7,000 +
Land area	Aprox. 432 acres (approx.1,700,000 m2)
Building area	74,000 m2
Total Installed Production capacity	Upto 3,10,000 units

Overview of TKM 1^st Plant

Established	October 1997 (start of production: December 1999)
Location	Bidadi
Products	Innova, Fortuner manufactured in India. Prado, Land Cruiser and Prius imported as CBUs.
Installed Production capacity	Upto 1,00,000 units

Overview of TKM 2^nd Plant

Start of Production	December 2010
Location	On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products	Corolla Altis, Etios, Etios Liva, Etios Cross, Camry & Camry Hybrid
Installed Production capacity	Upto 2,10,000 units

For any further Queries please contact:

Toyota Kirloskar Motor Pvt. Ltd.	Creation
Priyanka Bhattacharya Mobile : +91 98807 67778 Email : priyanka_bhattacharya@toyotakirloskar.co.in	Kaveri Mandanna Mobile :+91 90089 59697 Email : kaveri.mandanna@creation.io