Toyota Kirloskar Motor has registered a growth of 8.5% in sales in September 2010 compared to the same period last year. It sold 6235 units in September 2010 against 5748 units in September last year.
A growth of 53% has been recorded for the period January to September 2010, over the same period last year.
Commenting on the months performance, Mr. Sandeep Singh, Deputy Managing Director-Marketing TKM, said, We have continued to grow year-on-year in the very competitive Indian automobile market. In order to meet the growing demand and minimize the waiting period for our products, the capacity of our plant will be increased to 80,000 units starting December this year. The latest addition to our product line, the Corolla Altis Diesel has also been getting good response with around 2600 bookings till date.
Notes to Editor
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. TKMs 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.