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    <title>Toyota  Kirloskar  Motor  Pvt.  Ltd. - Latest Press Releases on ReleaseWire</title>
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      <title>Toyota Kirloskar Motor Ramps up Production to 2,10,000 Units </title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Bangalore, Karnataka -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 03/23/2011 --   Toyota Kirloskar Motor (TKM) today announced the ramp up of its annual production capacity to 2, 10,000 units. <br />
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In line with TKM&apos;s increasing annual production capacity and in order to cater to the increase in demand for the Innova , Fortuner,Corolla Altis  and the Etios , the company will ramp up production to 2,10,000 units. <br />
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The company recently announced its plans for  the introduction of  second shift production in April , reduction in takt time (production time per vehicle), production enhancement  and postponement of  the launch of hatchback Etios Liva from April to June 2011 -  all reflecting the  active measures taken to reduce the waiting period for the Etios. <br />
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Furthering these measures, the annual production capacity of the first plant currently manufacturing the Innova, Corolla Altis and Fortuner, will be increased from 80,000 units to 90,000 units in the third quarter of 2011. The second plant currently manufactures the Etios. To cater to the increasing demand for  Etios and with a view to reduce the waiting period, the annual production capacity for the second plant will be raised from 70,000 to 1,20,000 units . The expansion will be carried out in a phased manner starting in July 2011, extending into the second quarter of 2012. The 1,20,000 units will also include 20,000 units of the Corolla Altis, shifted from the first plant to the second plant in the first half of 2012. <br />
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Commenting on the expansion Mr. Hiroshi Nakagawa, Managing Director, TKM said "The demand for the Innova and Fortuner has persistently grown in the recent months and consequently the waiting period. The huge demand for the Etios has further provided momentum to expand our production capacity. We will enhance our production capacity to cater to our customers growing demand." <br />
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Mr. Sandeep Singh, Deputy Managing Director, Marketing, TKM further added "We recently announced our plans to bring down the waiting period for the Etios, which included  enhancing production and deferring the launch of the hatchback Etios Liva.This  production expansion will further our aim to bring down the waiting period." Visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.toyotabharat.com" href="http://www.toyotabharat.com">http://www.toyotabharat.com</a> for details<br />
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Overview of TKM<br />
Company name -- Toyota Kirloskar Motor Private Limited<br />
Managing Director -- President: Hiroshi Nakagawa (TMC)<br />
Established -- October 1997 (start of production: December 1999)<br />
Location --Suburb of Bangalore, Karnataka State<br />
Products -- Corolla Altis, Innova and Fortuner manufactured in India. Camry, Prado, Land Cruiser and Prius imported as CBUs.<br />
Annual production capacity -- Approx. 80,000 units <br />
Equity participation -- TMC: 89%, Kirloskar group: 11%<br />
Number of employees -- Approx. 4,650 (as of end of 2010)<br />
Land area -- Aprox. 432 acres (approx.1,700,000 m2)<br />
Building area -- 74,000 m2<br />
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Overview of TKM 2nd Plant <br />
Location -- On the site of Toyota Kirloskar Motor Private Limited (on the outskirts of Bangalore, Karnataka State)<br />
Products -- Etios Sedan and Hatchback Etios  Liva (will go on sale in April 2011)<br />
Start of production -- December 2010 <br />
Annual production capacity -- 70,000 units.<br />
Visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.toyotabharat.com" href="http://www.toyotabharat.com">http://www.toyotabharat.com</a> for details<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Miriam Macwana<br />Toyota  Kirloskar  Motor  Pvt.  Ltd.<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/84391">Click to Email Miriam Macwana</a><br />Web: <a rel="nofollow" href="http://www.toyotabharat.com/">http://www.toyotabharat.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=84391&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 23 Mar 2011 22:45:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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    <item>
      <title>Toyota Launches the Corolla Altis Diesel in India </title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced the launch of the Corolla Altis Diesel in India. </p><p>Bangalore, Karnataka -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 07/22/2010 --   World class D-4D Common Rail Diesel technology <br />
First-in-segment, newly developed 6-Speed Manual Transmission  <br />
Best-in-class mileage of 21.43kpl as certified by an accredited Testing Agency<br />
Flat torque and low NVH<br />
Competitively priced between 10,95,000 lakhs and 13,75,000 lakhs (Ex-S/R, Delhi) <br />
<br />
Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced the launch of the Corolla Altis Diesel in India. The latest offering from TKM has been developed keeping in mind the distinctive requirements of the Indian customer with the basic concept of &apos;optimum balance of performance and economy&apos;. India is the first Asian country to get the BSIV Corolla Altis Diesel.<br />
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The Corolla Altis is available with a newly developed 1.4L in-line 4-cylinder D-4D Common Rail Diesel Engine that generates a peak power of 88.4 PS and a peak torque of 205 Nm. Toyota&apos;s D-4D technology also used in the Innova, Fortuner, Prado and Land Cruiser 200 has earned a reputation the world-over for its high quality, durability and reliability.  <br />
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The D-4D engine in the Corolla Altis is complemented by a 6-Speed Manual Transmission ? a &apos;first-in-segment&apos; offering ? to provide flat torque that would mean lesser gear shifting, leading to better fuel efficiency. The car has registered a best-in-class mileage of 21.43 km/l as certified by a test agency. <br />
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The Corolla Altis Diesel gets a differentiating sporty mesh grille, better aerodynamic characteristics, and the lowest NVH and best ground clearance in its segment. The car is available in seven colours ? Silver Mica Metallic, Champagne Mica Metallic, Dark Red Mica Metallic, White Pearl Mica, Light Blue Mica Metallic, Super White and Black Mica.  <br />
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The Corolla Altis Diesel comes in three manual transmission grades D-4D J, D-4D G and D-4D GL with competitive price tags between 10, 95, 000 and 13, 75, 000, ex-showroom Delhi. Bookings open today.<br />
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Speaking at the launch, Mr. Nakagawa (MD, TKM) said, "The Corolla DNA that has been handed down for 40 years is now in its 10th Generation with over 35 million happy customers worldwide. The car made its debut in India in 2003, and now has more than 60,000 satisfied owners in the country. As part of our long-term commitment to bring the best of Toyota&apos;s technology to India, we are very proud to introduce the Corolla Altis Diesel. The Corolla Altis Diesel has Toyota&apos;s proven D-4D technology, and I am happy to say will have the best fuel efficiency in its segment. " <br />
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Mr. Sandeep Singh (Deputy Managing Director-Marketing, TKM) said, "Apart from the spacious interiors and luxury features of the Corolla Altis, the diesel variant has the best fuel efficiency, lowest NVH and the best ground clearance in its segment. Our target customers are individuals who are business professionals, in the 35 to 45 age group looking for a perfect balance of performance and economy. The launch of the Corolla Altis Diesel has enhanced Toyota&apos;s line-up in India, and we are looking at consolidating our leadership position in the C-segment with a sales target of 10,500 units for the Corolla Altis in 2010."<br />
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For details, please refer to <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.toyotabharat.com/" href="http://www.toyotabharat.com/">http://www.toyotabharat.com/</a> or <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://corollaaltisdiesel.co.in/" href="http://corollaaltisdiesel.co.in/">http://corollaaltisdiesel.co.in/</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Darshan. P.V <br />Toyota  Kirloskar  Motor  Pvt.  Ltd.<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/51044">Click to Email Darshan. P.V </a><br />Web: <a rel="nofollow" href="http://www.toyotabharat.com/">http://www.toyotabharat.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=51044&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 22 Jul 2010 22:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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