2009-11-04 15:00:55 - Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced that it has crossed 4 lakh unit retails sales in India since its inception. The company also announced a 50 per cent jump in total sales at 5,650 units in October 2009, when compared to the same period last year.

The rise in sales figures can be attributed to the excellent response for the Corolla Altis and Innova, and introduction of the Fortuner in August this year, all of which are market leaders in their respective segments.
Mr. Hiroshi Nakagawa, MD, TKM said, “We are looking at introducing new models in India to enhance our presence in the market, besides providing

technologically advanced and environmentally friendly cars for Indian customers.”

Commenting on the sales milestone, Mr. Sandeep Singh, Deputy Managing Director, (Marketing) TKM said, “This is a big step towards establishing Toyota as one of the major players in the Indian automobile market. This in fact could not have come at a better time for us, with the launch of the compact car in the Indian market next year.”

In line with its growth, Toyota continues with its aggressive expansion plan in India by adding to its existing network of dealerships across the country, and by tying up with nationalized banks making car loans more accessible. Currently, Toyota has 93 dealerships at present and has firmed up plans to enhance its dealer network to 150 outlets before the launch of its much awaited compact car in 2011.

For details, please refer to www.toyotabharat.com/

About ToyotaBharat
Toyota Kirloskar Motor Private Limited (TKM) is a joint venture between Kirloskar Group and Toyota Motor Corporation. Toyota Kirloskar Motor Private Limited (TKM) aims to play a major role in the development of the automotive industry and the creation of employment opportunities. TKM's growth since inception can be attributed to one simple, yet important aspect of its business philosophy - "Putting Customer First". TKM firmly believes that the success of this venture depends on providing high quality products and services to all valued customers through the efforts of its team members.