Sells a total of 19693 units in July 2022
Registers a growth of 50% when compared to sales in July 2021
Bangalore, 1st August 2022: TKM today announced that the company sold a total of 19,693 units, the highest ever wholesales clocked by the manufacturer in a single month ever since its inception in India. Thus registering a growth of 50% when compared to its wholesales in the corresponding period last year. For reference, TKM had sold 13,105 units in July 2021. TKM also registered a growth of 19% over its wholesales of 16,500 units sold in June 2022.
Expressing his thoughts, Mr. Atul Sood, Associate Vice President, Sales, and Strategic Marketing, TKM said, “The month of July has been phenomenal for the company. Both in terms of sales as well as our endeavor towards “mass electrification” in India, as we unveiled the first self-charging strong hybrid electric vehicle in the high volume B SUV segment- the Urban Cruiser Hyryder. The response to the model has been exceptional, especially the customer’s choice for strong hybrids, further reiterating Toyota’s global prowess when it comes to the manufacturing and sales of electrified vehicles worldwide. We are humbled by such an encouraging response and would like to thank our customers for placing their trust in the brand.
Last month also witnessed TKM’s highest ever wholesales in a single month, ever since we started operations in India. This significant milestone also reinforces the popularity our segment leading models like the Innova Crysta, Fortuner & the Legender enjoy. The cool new Glanza as well as the Urban Cruiser continue to gather momentum as well as very encouraging booking orders. The Camry Hybrid and the Vellfire too, continue to garner healthy customer orders”.
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. 6,000
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)
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 Camry Hybrid
Installed Production capacity Up to 2,10,000 units