Toyota Kirloskar Motor Sold 13,190 Units in May 2016

Bangalore, Karnataka, India
Registers a 6% growth in domestic sales when compared to the corresponding period last year
The recently launched Innova Crysta receives an overwhelming response from the market; Receives close to 20,000 bookings within a month of its launch in India

In the month of May 2016, Toyota Kirloskar Motor sold a total of 12,200 units in the domestic market thereby registering a growth of 6% when compared to the same period last year. The company exported 990 units of the Etios series this month.

Toyota Kirloskar Motor had sold 11,511 units in the domestic market and exported 1,448 units of the Etios series in May 2015. The company registered a 2% overall growth in sales in May 2016 when compared to the corresponding period last year.

The recently introduced Innova Crysta which was launched in May, received a very good response from the market. Within a month, the Innova Crysta has received close to 20,000 booking orders with a waiting period of 2-4 months across India.

The Toyota Etios and Toyota Liva have also registered 6% and 9% growth respectively in May 2016 when compared to the same period last year. The Etios, that is equipped with 2 airbags and 2 pretensioners for highest level of protection during incidents, was awarded 4-star rating in frontal adult passenger protection and two stars for child occupant protection reiterates TMK’s persistent campaign for road safety.

The Toyota Camry continues its growth spree and 90% of it is contributed by the Camry Hybrid. The Camry has clocked a growth of 63% when compared to the corresponding period last year.

Summarized Highlights
Innova Crysta bags close to 20 K bookings within a month of its launch
Innova Crysta has a waiting period of 2-4 months
TKM domestic sales up by 6% in May 2016
Toyota Etios & Liva grow 6% & 9% month on month respectively
Toyota Etios gets 4-star safety rating in Global NCAP

Commenting on the monthly sales, Mr. N. Raja, Director & Sr. Vice President, Sales & Marketing – Toyota Kirloskar Motor said, “We launched the Innova Crysta this month and have received an overwhelming response from our customers. The Innova Crysta has already received close to 20,000 booking orders within a month of its launch. We would like to thank our customers for placing their trust in our products.”

“However, we keenly look forward to a favorable decision on the ban of registration of diesel vehicles above 2000cc in NCR which has been affecting the legitimate interests of TKM and its dealers in NCR. We along with a couple of other industry players are the only ones affected. This has been affecting our sales over the last six months and we are hopeful that the Hon’ble Supreme Court will consider our pleadings and lift the ban,” concluded Mr. N. Raja.

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 Approx. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
Total Installed Production capacity Upto 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.
Prado, Land Cruiser and Prius imported as CBUs.
Installed Production capacity Upto 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 Corolla Altis, Etios, Etios Liva, Etios Cross, Camry & Camry Hybrid
Installed Production capacity Upto 2,10,000 units