Toyota Kirloskar Motor's June 2010 Sales Grow by 42%
Fortuner, Corolla Altis and Innova continue to dominate their respective segments - 42% growth in sales with 6,180 units sold in June 2010, as compared to 4,367 units in the same month last year - Cumulative sales for the period January to June 2010 stands at 37,126 units - An increase of more than 76% in cumulative sales over the same period last year
Tweet-- Toyota Kirloskar Motor (TKM) has registered a growth of 42% in sales in June 2010, compared to the corresponding period last year. It sold 6,180 units in June 2010 against 4,367 units in June last year.
Cumulative sales for the period January to June 2010 stands at 37,126 units, recording an increase of 76% over the same period last year.
Commenting on the performance, Mr. Sandeep Singh, Deputy Managing Director-Marketing, TKM said, "We are excited by the continued overwhelming response to our products, and more importantly we are happy with the confidence that our Indian customers have instilled in us over the years."
The company has ramped up production of the Fortuner in its Bidadi plant gradually to meet the increased demand. The company is also rapidly expanding its sales and service network, it intends to take the dealership network to 150 outlets by the end of 2010, across the country.
Notes to Editor
About Toyota Kirloskar Motor
Toyota Kirloskar Motor (TKM) is a joint venture between Toyota Motor Corporation and the Kirloskar Group. TKM has invested nearly Rs. 1,500 crores in its plant at Bidadi, employing around 3700 people. The plant started production in December 1999 and has a capacity of producing 80,000 units annually.
For details, please refer to http://www.toyotabharat.com/