Posted on December 01 2018
Bangalore, December 1st 2018 – Toyota Kirloskar Motor sold a total of 10721 units in the domestic market in November 2018. The company exported 669 units of the Etios series this month thus clocking a total of 11,390 units. In the month of November 2017, Toyota Kirloskar Motor sold a total of 12734 units in the domestic market. In addition, the company exported 686 units of the Etios series.
Commenting on the monthly sales, Mr. N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, “Fluctuating exchange rates, rising fuel costs and high interest rates have impacted the consumer sentiment in auto industry. Consumer demand has witnessed a downward trend over the festive period as compared to same period last year. We are trying to maintain lean inventory at dealership to avoid stock pileup. Festive season has not been able to usual spur in customer demand.
Toyota is considering a price increase of upto 4% across models with effect from 1st Jan 2019 owing to continued pressure of high manufacturing costs.
| Company name | Toyota Kirloskar Motor Private Limited |
| Equity participation | TMC: 89%, Kirloskar Group: 11% |
| Number of employees | Approx. 6,500 |
| Land area | Aprox. 432 acres (approx.1,700,000 m2) |
| Building area | 74,000 m2 |
| Total Installed Production capacity | Upto 3,10,000 units |
| 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 |
| Start of Production | December 2010 |
| Location | On the site of Toyota Kirloskar Motor Private Limited, Bidadi |
| Products | Corolla Altis, Toyota Yaris,Etios, EtiosLiva, Etios Cross, Camry & Camry Hybrid |
| Installed Production capacity | Upto 2,10,000 units |
| Toyota Kirloskar Motor Pvt. Ltd. | Creation |
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Priyanka Bhattacharya Mobile :+91 98807 67778 Email : priyanka_bhattacharya@toyota-kirloskar.co.in |
Archita Deb Mobile :+91 63622 84691 Email : archita.deb@creation.io |