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August 03, 2015 2:11 AM ET

Automobiles

Company Overview of Toyota Kirloskar Motor Pvt. Ltd.

Company Overview

Toyota Kirloskar Motor Pvt. Ltd. manufactures cars. The company also engages in buying and selling used cars in India. It offers its products through a network of dealers. The company was founded in 1997 and is based in Bengaluru, India. Toyota Kirloskar Motor Pvt. Ltd. operates as a subsidiary of Toyota Motor Corporation.

Plot No.1

Bidadi Industrial Area

Ramanagara District

Bengaluru,  562 109

India

Founded in 1997

Phone:

91 80 6629 3001

Fax:

91 80 6637 1401

Key Executives for Toyota Kirloskar Motor Pvt. Ltd.

Managing Director
Vice Chairman
Senior Vice President and Director of Marketing & Sales
Chief of Supplier Support Centre and Deputy Managing Director
Deputy Managing Director of Commercial
Compensation as of Fiscal Year 2015.

Toyota Kirloskar Motor Pvt. Ltd. Key Developments

Toyota Kirloskar Motor Expands Indian Used Car Business

Toyota Kirloskar Motor has expanded its used car business in India. The company's used car business is called 'Toyota U-Trust' and was launched in 2007. The used car business will now cover 56 markets in 19 states. With the expansion of Toyota U-Trust the company now equipped to provide quality cars, convenience, transparency and value for money to every customer on a much wider scale.

Toyota Kirloskar Motor Reports Sales Results for the Month and Year to Date Ended June 2015

Toyota Kirloskar Motor reported sales results for the month and year to date ended June 2015. The company sold 12,381 units in June 2015 compared to 13,398 units in June 2014. Despite production shut down for the first six days of June, in the domestic market, TKM sold 10,464 units in June 2015 as compared to 12,010 units in June 2014. There was limited production in June 2015 on account of planned annual plant shut down scheduled from 29th May to 6th June, for regular maintenance. The company domestic sales grew by 19% in the first half of the year when compared to the same period in 2014. The sales grew with the launch of the New Innova, New Fortuner, and the recently launched Camry and Camry Hybrid.

Toyota Kirloskar Motor Reports Sales Results for the Month of May 2015

Toyota Kirloskar Motor reported sales results for the month of May 2015. For the month, the company sold 12,965 units, decrease of 2% compared to the same period in 2014. In the domestic market, the company sold 11,511 units in May 2015 against 11,831 units in the year-ago period.

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