Bangalore, Karnataka -- (SBWIRE) -- 03/13/2011 -- TKM today announced that it is taking active steps to bring down the waiting period for the Etios to half of the current situation.

This will be realized through various steps including starting of second shift production, changes to takt time (production time per vehicle), production enhancement and postponement of the launch of Hatchback - Etios Liva from April to June - all reflecting the increasing demand for the Etios. Further details will be announced shortly.

Commenting on the steps, TKM Managing Director, Hiroshi Nakagawa said: "We are thankful for the positive consumer response to the Etios and for the resulting demand. Our customer-first philosophy means that we put the customers' needs ahead of everything else - it is this philosophy that has always helped Toyota manufacture quality products and maximize customer satisfaction."

Addressing customers, TKM Deputy Managing Director - Marketing, Sandeep Singh, said: "We thank our customers for the response we have received for the Etios and also for the patience shown through the waiting period. We would also like to sincerely apologize, to people eagerly awaiting the Hatchbck - Etios Liva, for the postponement of the launch. We will do everything we can to limit inconvenience caused to our customers.

Visit http://www.toyotabharat.com for details

Overview of TKM
Company name -- Toyota Kirloskar Motor Private Limited
Managing Director -- President: Hiroshi Nakagawa (TMC)
Established -- October 1997 (start of production: December 1999)
Location --Suburb of Bangalore, Karnataka State
Products -- Corolla Altis, Innova and Fortuner manufactured in India. Camry, Prado, Land Cruiser and Prius imported as CBUs.
Annual production capacity -- Approx. 80,000 units
Equity participation -- TMC: 89%, Kirloskar group: 11%
Number of employees -- Approx. 4,650 (as of end of 2010)
Land area -- Aprox. 432 acres (approx.1,700,000 m2)
Building area -- 74,000 m2

Overview of TKM 2nd Plant
Location -- On the site of Toyota Kirloskar Motor Private Limited (on the outskirts of Bangalore, Karnataka State)
Products -- Etios Sedan and Hatchback Etios Liva (will go on sale in April 2011)
Start of production -- December 2010
Annual production capacity -- 70,000 units.

Visit http://www.toyotabharat.com for details

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Bangalore, Karnataka -- (SBWIRE) -- 01/05/2011 -- Toyota Kirloskar Motor has registered a growth of 38% in sales in the year 2010, compared to last year. It sold 74759 units in the calendar year 2010 against 54320 units in 2009.

Commenting on the sales for the year 2010, Mr. Sandeep Singh, Deputy Managing Director-Marketing, TKM said, " We are very happy with the response we have received from our customers in 2010. This year has witnessed the most important launch in the history of Toyota in India – The launch of Etios and the unveiling of the hatchback Liva. The first batch of Etios – more than 400 units - have already been dispatched to the dealerships and we have begun delivering vehicles to the customers. The vehicle are on display at most of our dealerships.

In 2011 we look forward to a) the launch of the hatchback Liva in April b) establishing the brand of Toyota among the masses with the Etios and hatchback Liva c) giving our customers a Q Class Experience
On behalf of TKM, I wish all our customers a wonderful year ahead and thank them for trusting us and our products for all these years. We look forward to serving them in 2011."

Toyota also announced that bookings for the Fortuner will reopen on Jan 1 2011. The bookings were last reopened on July 2010 for a period of one month. The Fortuner launched in Aug 2009 has since sold more than 15000 units acquiring 57 % market share in the mid SUV segment. Visit http://www.toyotabharat.com for details

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm