Auto News

Toyota Reaches the Four Lakh Mark

By Motortrend India Staff   |   05 November,2009

Toyota has been successful in attaining the four lakh Mark in India. There are now four lakh Toyota cars in India. The company has achieved this mark in the 11th year of its tenure in India.

Toyota is the world's largest carmaker by sales. And it plans to increase the TKM dealerships from 93 to 150 by 2011. By 2011, the company will launch a small car and for its launch the second production plant would be set up in Bangalore at an investment of Rs 3,200 crore.

Sandeep Singh, Toyota Kirloskar Motor (TKM) Deputy Managing Director (Marketing), said in a statement that it is a big step for the auto market and the company.

Toyota, which is present in India through a joint venture with the Kirloskar Group, currently sells Toyota Prado and Toyota Land Cruiser, Toyota Corolla Altis, Toyota Camry, Toyota Fortuner and Toyota Innova. Toyota Prius is expected to be showcased in Auto Expo 2010.

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