Toyota Kirloskar Motor (TKM) has registered a growth of 42 per cent 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 per cent 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.
Toyota Kirloskar Motor (TKM) is a joint venture between Toyota Motor Corporation and the Kirloskar Group. TKM has invested nearly Rs. 1,500 Crore 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.