Toyota Kirloskar Motor Private Limited

Toyota Reopens Fortuner Bookings

 

Bangalore, Karnataka -- (SBWIRE) -- 07/01/2010 -- Toyota Kirloskar Motor today announced that bookings for the Fortuner will reopen from July 1, 2010 across India. The company had put a hold on the bookings from January 31, 2010 because of a backlog of orders booked in.

The Toyota Fortuner was launched in August 2009, and since then has sold more than 8500 units with a commanding market share of more than 60% in the mid SUV segment. To meet the high demand, the company has increased the production of the Fortuner to more than 950 units per month from the initial 500 units per month.

Commenting on the reopening of the bookings, Mr. Sandeep Singh, Deputy Managing Director-Marketing said, “We would like to thank our customers for the extremely encouraging response till date. The resounding success of the Fortuner in India also meant a backlog of customer orders and high waiting periods. We have now increased the production of the vehicle to more than 950 units to clear the present backlog of less than 4000 customer orders by this September. We are happy to reopen the bookings of the Fortuner from the 1st of July for a limited period, and will start deliveries from October until December 2010.”

About ToyotaBharat
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. TKM's 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

For details, please refer to http://www.toyotabharat.com/

Company name: Toyota Kirloskar Motor Private Limited
Location: Outskirts of Bangalore, Karnataka State
Establishment: October 1997 (start of production: December 1999)
Managing Director: Mr. Hiroshi Nakagawa
Equity participation: TMC: 89%, Kirloskar Group: 11%
Land area: Approx. 432 acres (approx. 1.744,848 m2)
Annual production capacity: Approx. 80,000 units
Products: Corolla Altis, Innova, Fortuner manufactured in India. Camry, Prado, Land Cruiser imported as CBUs.
2009 production results: 51, 133 units
Number of employees: Approx. 3600 (as of December 2009)

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Toyota Kirloskar Motor Pvt. Ltd.
Shalini Bhattacharya
Marketing Division
Mob: 91-9740900027
E-mail : shalinib@tkm.co.in