Clocks a 27% growth over wholesales registered in January 2021
1st March 2021, Bangalore: Toyota Kirloskar Motor today announced that the company sold a total of 14,075 units in the month of February 2021, thereby clocking a growth of 36% in domestic sales, when compared to its wholesales in the month of February 2020. For reference, TKM had sold a total of 10,352 units in the domestic market in February 2020 and 11,126 units in the month of January 2021.
Wholesales February 2021 2020 Month on month Growth
Domestic 14075 10352 36%
Commenting on the month’s performance, Mr. Naveen Soni, Sr. Vice President at TKM said, “We started the year on a positive note and the trend continues as we close the second month of the year, clocking a growth of 36%. Wholesales have been very encouraging and we are witnessing a high influx of customer orders month on month, thereby both significantly contributing to the growth story. In fact, sales in February have been better than sales in January, thus helping us register a 27% growth in wholesales.
Moreover, new launches like the new Fortuner & Legender introduced in January and the new Innova Crysta launched in November 2020, have received a phenomenal response and have also been contributing to significant increase in both customer enquiries as well as customer orders. Here, we would like to thank our customers for their relentless trust & faith in the brand”, 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. 6,500
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 Yaris, Camry Hybrid
Installed Production capacity Up to 2,10,000 units
