Toyota Kirloskar Motor crosses 1 million sales mark in India

Tags: News
Car maker Toyota Kirloskar Motor today crossed the 1 million sales mark in the country.

The company recorded its 1 millionth vehicle sale through Nippon Toyota, its authorised dealer in Cochin, Toyota Kirloskar Motor (TKM) said in a statement. The car, a Toyota Etios, was handed over to a customer during a ceremony.

"The sale of Toyota's 1 millionth car in India marks a very important milestone for us. Since its inception, Toyota has been present in the MPV/SUV segment in India and we have been market leaders ever since in these segments," TKM Senior Vice President N Raja said.

The company forayed into the mass segment with the Etios and Liva in 2011 and has been able to cross this milestone in a short duration, he added.

Established in India in 1997, Toyota currently has a production capacity of up to 3,10,000 units.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Investigating a crime after three decades is little more than a gimmick

    That communal riots and their aftermath are the easiest stick to beat any opposition with, and have tremendous emotive and therefore vote-catching abi

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schoettli

It’s time for Japan to step out of its shell

The execution of a Japanese hostage by ISIS has sho­cked ...

Zehra Naqvi

The urge to tell stories

One wants to tell a story, like Scheherzade, in order ...

Bubbles Sabharwal

Truth about truth

The question to ponder is, “is it the truth because ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture