TKM's milestone
Bangalore | Wednesday, Nov 4 2009 IST
 

Toyota Kirloskar Motor Pvt Ltd (TKM) today claimed to have achieved a milestone in its 11 years of existence with its retail sales touching four lakh units. The company has achieved a 50 per cent jump in total sales at 5,650 units in October 2009, when compared to the same period last year, according to a release here.

TKM Managing Director Hiroshi Nakagawa said "we are looking at introducing new models in India to enhance our presence in the market, besides providing technologically advanced and environmentally -riendly cars for Indian customers." Company Deputy Managing Director Sandeep Singh said "this is a big step towards establishing Toyota as one of the major players in the Indian automobile market. "This in fact could not have come at a better time for us, with the launch of the compact car in the Indian market next year." He said that in line with its growth, Toyota continues with its aggressive expansion plan in India by adding to its existing network of dealerships across the country and by tying up with nationalized banks making car loans more accessible.

-- (UNI) -- 04MC4.xml

 

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