Toyota Kirloskar Motor
|Founded||6 October 1997|
|Mr. Masakazu yoshimura |
Mr. V. S. Kirloskar
Number of employees
|Parent||Toyota Motor Corporation|
|Subsidiaries||Toyota Kirloskar Auto Parts Private Limited|
Toyota Kirloskar Motor Pvt Ltd is a subsidiary of Toyota Motor Corporation of Japan (with Kirloskar Group as a minority owner), for the manufacture and sales of Toyota cars in India. It is currently the fourth largest car maker in India after Maruti Suzuki, Hyundai, and Mahindra.
On 7 June 2012, Vice Chairman of the company revealed that the company is planning to enter the healthcare sector and its first hospital would open in Karnataka in May 2013.
TKMPL's current plant at Bidadi, Karnataka is spread across 850 acres and has a capacity of 110,000 vehicles per annum. TKMPL's second manufacturing plant on the outskirts of Bangalore, Karnataka has a capacity of 210,000 vehicles per annum. Both plants have a combined capacity of 320,000 vehicles per annum. On 16 March 2011, it announced that it was increasing production to 210,000 vehicles per annum due to increase in demand for its models especially the Etios and Fortuner.
With effect from 1 June 2012, Toyota Kirloskar Motor will be increasing the prices of Etios diesel and Innova by 1 per cent and Fortuner and Etios Liva diesel by 0.5 per cent. The price hike is on account of the weakening of Rupee. Toyota announced that Etios sedan and the Liva hatchback has posted sales of over 100,000 units, hence Toyota is all set for giving its production a big boost.Toyota Kirloskar Motor (TKM) plans to hike the production capacity of its Etios series models by 75% by early 2013. Toyota Kirloskar Motors would launch its motor racing series in 3 cities in India next year.
On 16 March 2014, Toyota Kirloskar Motor temporarily suspended the production at two of its assembly plants in Bidadi, Karnataka whose production capacity was 310,000 units annually and has employee strength of 6,400. Cause for the shutdown was failure to reach an agreement with the union over the issue of wages, deliberate stoppages of the production line by certain sections of the employees and abusing & threatening of supervisors thereby disrupting the production for the past 25 days. Toyota Kirloskar Motor announced on 21 March 2014 to lift the lockout at the plants effective from 24 March 2014 with subject to an acceptance of a service condition which requires all the employees signing an undertaking on good conduct. On 22 April 2014, employees called off the strike after 36 days of standoff and resumed full operations.
Etios motor racing
Toyota India started a One make racing series in India with the Etios car called the 'Etios Motor Racing Series'. The series started in 2012, it witnessed an overwhelming response from the Indian youngsters, with 3300 applicants. They held 2 rounds of exhibition races in 2012, one at a purpose built race track in Chennai called the Sriperumbudur race track and other in the form of ROC (Race of champions) in Gurgaon. The 25 selected drivers then competed in the main championship held in the later half of 2013. The cars were prepared by Red Rooster Performance (based in Bangalore), and designed by TRD (Toyota Racing Development). With stock engines producing almost 100 bhp, the cars were a good platform for youngsters to step from karting to touring cars.Also the relatively cheaper budget of just $3216 for the entire series which includes an entire OMP racing kit makes it one of the best one-make series to compete in.
- Toyota Camry (Launched 2002)
- Toyota Corolla Altis (Launched 2003)
- Toyota Etios (Launched 2010)
- Toyota Etios Cross (Launched 2014)
- Toyota Etios Liva (Launched 2011)
- Toyota Fortuner (Launched 2009)
- Toyota Innova Crysta (Launched 2016)
- Toyota Innova Touring Sport (Launched 2017)
- Toyota Yaris (Launched 2018)
- Toyota Glanza (Launched 2019)
- Toyota Hiace (Launched 1995)
- Toyota Land Cruiser (Launched 1990)
- Toyota Land Cruiser Prado (Launched 2004)
- Toyota Prius (Launched 2010–2015; 2017–present)
Sales and service network
As of April 2019, it has more than 350 dealerships in 225 cities across India.
TKMPL sold 74,759 vehicles in India in the year 2010 registering a growth rate of 38% compared to 2009 sales.
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- Toyota Kirloskar Motor Ltd., Toyota Kirloskar Motors, Toyota Qualis, Toyota Innova, Toyota Corolla, Toyota Camry, Toyota Plado
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- "Toyota to launch motor racing series next year in India". 2 June 2012.
- "Toyota shuts 2 India plants in lockout over wages". Hindustan Times. 17 March 2014.
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- "Toyota Kirloskar Motor declares lockout at Bidadi over labour woes". The Economic Times. 16 March 2014.
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- "Toyota agrees to lift lockout at its Bangalore units". Times of India. 21 March 2014.
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- "Archived copy". Archived from the original on 9 January 2011. Retrieved 12 January 2011.CS1 maint: Archived copy as title (link)
- Toyota Kirloskar Motor’s records 38% growth in sales in the year 2010 Archived 12 January 2011 at the Wayback Machine