April 25, 2017 9:14 PM 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 and 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 2016.

Toyota Kirloskar Motor Pvt. Ltd. Key Developments

Toyota Kirloskar Motor Receives more than 10,000 Orders for Fortuner

Toyota Kirloskar Motor has received more than 10,000 orders for its Fortuner in less than two months. The automaker has received considerable demand for the automatic transmission in both the four wheel and two wheel drive variants of the vehicle. The firm also added that while it has already delivered around 5,000 units, the Toyota Fortuner currently commands a waiting period of two to three months.

Toyota Kirloskar Motor Announces Sales Results for the Month of December 2016

Toyota Kirloskar Motor announced sales results for the month of December 2016. For the month, the company sold 14,093 cars last month, up 29% compared to the year-ago period. During December 2016, the company sold 12,747 units in the domestic market and exported 1,346 units, which includes the Etios series of cars.

Toyota India Provides Sales Guidance for the Fourth Quarter and Full Year of Fiscal 2017

Toyota India provided sales guidance for the fourth quarter and full year of fiscal 2017. The company expects a 3 4% decline in sales during the fourth quarter of the financial year (FY) 2016/17 due to demonetization of the country's high-value currency notes. The company expects vehicles in India are expected to reach 147,465 units by 2017, up 7.1% y/y, underperforming the overall light-vehicle market, which is likely to grow at 12.4% y/y.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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