Toyota To Resume Normal Operations Earlier Than Expected
Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced that it will resume normal operations earlier than expected.
- (1888PressRelease) May 18, 2011 - Bangalore - Etios Liva Launch on Track
Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced that it will resume normal operations earlier than expected. In the wake of disruption in supplies the company had earlier suspended production on Mondays and Fridays between April 25 and June 4.
TKM's parts sourcing is getting back on track, production will return back to normal levels starting 20th May, 2011. Plans are afoot to recover loss of production and reduce the waiting period. The plant will function on all weekdays and some of the non - working Saturdays.
Mr. Hiroshi Nakagawa, Managing Director said: "We are happy to announce that we will be able to resume normal production much earlier than expected. Our focus is to reduce the backlog and jointly work with our vendors to minimize delivery delays."
Mr. Sandeep Singh, Deputy Managing Director, Marketing, added "We would like to thank our customers for their patience and understanding during these troubled times. Our dealers will continue to be in constant touch with the customers and will ensure timely communication. We are now all set to launch the Etios Liva. The launch will be as per schedule in the last week of June."
TKM will continue to update all its customers through dealers as well as the website -
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
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