Toyota Kirloskar Motor

Last updated

Toyota Kirloskar Motor Pvt Ltd
Company type Joint venture
Industry Automotive
Founded6 October 1997;26 years ago (1997-10-06)
Headquarters Bidadi, Bengaluru, Karnataka, India
Key people
Masakazu Yoshimura
(Managing Director) [1]
Products Automobiles
Production output
Increase2.svg 263,512 units (2024)
RevenueIncrease2.svg34,021 crore (US$4.1 billion) (2024)
Increase2.svg1,404 crore (US$170 million) (2024)
Owner
Number of employees
7,000 [2]
Website www.toyotabharat.com

Toyota Kirloskar Motor Private Limited (TKM) is an Indian joint venture between Toyota Motor Corporation (89%) and Kirloskar Group (11%), for the manufacture and sales of Toyota cars in India. [3] [4] The headquarters are located in Bidadi, Karnataka, near Bengaluru.

Contents

History

Toyota Motor Corporation entered India in 1997 in a joint venture with the Kirloskar Group. Toyota Motor Corporation (TMC) holds 89% of the share and the remaining 11% is owned by Kirloskar Group. [5] It is based in Bidadi, Karnataka, near Bengaluru.

The company released its first product in the Indian automotive market with the launch of the Qualis in 2000. Occupying the multi utility vehicle (MUV) segment, sales of the model grew within a short span of 2 years to capture 20 per cent market share from established local manufacturers such as Mahindra and Tata Motors. In 2002 and 2003, Toyota introduced the Camry and Corolla respectively. [6]

In 2005, TKM launched the Innova to replace the Qualis, which is based on a modern IMV platform. Later, new models were introduced including the IMV series Fortuner SUV in 2009 and Hilux pickup truck in 2022. To support the new products, the sales and service network was developed further from 22 outlets in 2000 to 166 in 2011, and 359 in 2019. [6] [7]

Under the Entry Family Car (EFC) project, TKM started producing the Etios in 2010 as the company's first entry-level model. [7] Production of the vehicle created more than 2,000 jobs at TKM's newly-built second plant and approximately 500 jobs at Toyota Kirloskar Auto Parts Private Limited. [8]

In 2017, Toyota introduced its luxury brand Lexus in the country. [7]

Suzuki partnership

Toyota started considering its partnership agreement with Suzuki in the Indian market in 2016. [9] In 2017, both companies agreed to market electric vehicles in the country. [10] In 2018 and 2019, Toyota outlined its initial plan for the partnership with Suzuki, including receiving supply of Baleno, Vitara Brezza, Ciaz and Ertiga models from Suzuki, and supplying the Corolla to Suzuki. Plans also included production of the Suzuki-developed SUV at TKM from 2022 and the production of hybrid electric vehicles in India. In 2019, TKM released the Glanza as a rebadged Baleno, and the Urban Cruiser as a rebadged Vitara Brezza in 2020. In 2022, TKM released the Urban Cruiser Hyryder, which is developed by Suzuki, produced by TKM while incorporating the Toyota Hybrid System.

Manufacturing facilities

TKMPL's current plant at Bidadi, Karnataka is spread across 850 acres and has a capacity of 110,000 vehicles per annum. [11] TKMPL's second manufacturing plant on the outskirts of Bengaluru, Karnataka has a capacity of 210,000 vehicles per annum. Total production capacity is 320,000 vehicles per annum. On 16 March 2011, it announced that it was increasing production to 210,000 vehicles per annum [12] due to increase in demand for its models especially the Etios and Fortuner.

Industrial relations

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. [13] [14] [15] [16] 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. [17] [18] On 22 April 2014, employees called off the strike after 36 days of standoff and resumed full operations. [19]

Etios motor racing

Toyota India started a One make racing series in India with the Etios car called the 'Etios Motor Racing Series'. [20] 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.

Models

Toyota

ModelIndian introductionCurrent modelNotes
IntroductionUpdate/facelift
Hatchback
Toyota Glanza 2022 Facelift.jpg Glanza 20192022 (second generation)Rebadged from Suzuki Baleno
Sedan
TOYOTA CAMRY HYBRID (XV70) China (6).jpg Camry 20022019 (XV70)2022 Strong hybrid powertrain is standard
SUV/crossover
Urban Cruiser Taisor 20242024 (first generation)Rebadged from Suzuki Fronx
2022 Toyota Urban Cruiser Hyryder V Hybrid (India) front view.jpg Urban Cruiser Hyryder 20222022 (first generation)Rebadged from Suzuki Grand Vitara
Strong hybrid powertrain is optional
2021 Toyota Fortuner 4.0 SRV 4x4 (Colombia) front view.png Fortuner 20092016 (AN150/AN160)2021
2021 Toyota Land Cruiser 300 3.4 ZX (Colombia) front view 04.png Land Cruiser 20102023 (J300)Imported from Japan
MPV
2022 Toyota Rumion Active (Egypt) front view 04.png Rumion 20232023 (second generation)Rebadged from Suzuki Ertiga
2021 Toyota Kijang Innova 2.0 V Luxury (front), Citraland, West Surabaya.jpg Innova Crysta 20162016 (AN140)2023
2022 Toyota Kijang Innova Zenix G HV (MAGH10; 11-25-2022).jpg Innova Hycross 20232023 (AG10)Strong hybrid powertrain is optional
Toyota VELLFIRE HYBRID Z Premier 2WD (6AA-AAHH40W-PFXTB) front.jpg Vellfire 20202023 (AH40)Strong hybrid powertrain is standard. Imported from Japan
Pickup truck
2021 Toyota Hilux Invincible D-4D 4WD 2.4.jpg Hilux 20222022 (AN120)

Lexus

ModelIndian introductionCurrent modelNotes
IntroductionUpdate/facelift
Sedan
2022 Lexus ES 350 (GSZ10) 1X7A5794.jpg
ES
ES 20152019 (XZ10)2021 Strong hybrid powertrain is standard.
Lexus LS 500 VXFA50 FL Sonic Titanium (1) (cropped).jpg
LS
LS 20172017 (XF50)2020 Strong hybrid powertrain is standard. Imported from Japan
Sports car
Lexus LC Convertible IMG 4916.jpg
LC
LC 20172017 (First generation)Strong hybrid powertrain is standard. Imported from Japan
SUV/crossover
Lexus NX 350h (AAZH20,AAZH25) IMG 6332.jpg
NX
NX 20202022 (AZ20)Strong hybrid powertrain is optional. Second generation imported from Japan.
2022 Lexus RX 450h+ AWD (Japan) front view.jpg
RX
RX 20152023 (ALA10/ALH10)Strong hybrid powertrain is standard. Imported from Japan
Lexus LX 500d (J300) (cropped).jpg
LX
LX 20152021 (J310)Imported from Japan
MPV
Lexus LM500h IMG01 (cropped).jpg
LM
LM 20232023 (AW10)Strong hybrid powertrain is standard. Imported from Japan

Discontinued models

Toyota

ModelReleasedDiscontinuedImage
Qualis 20002005 Toyota Qualis.jpg
Corolla Altis 20032020 2013-2016 Toyota Corolla (ZRE172R) SX sedan (2018-09-17) 01.jpg
Land Cruiser Prado 20042020 2013 Toyota Land Cruiser Prado (KDJ150R MY13) Altitude 5-door wagon (2015-07-09) 01.jpg
Innova 20052016 2014 Toyota Kijang Innova 2.0 G TGN40R (190316).jpg
Prius 20102020 2016 Toyota Prius (ZVW50L) Hybrid liftback (2016-04-02) 01.jpg
Etios 20102019 Toyota Etios 1.5 XLS 2015.jpg
Etios Liva 20112019 2013 Toyota Etios Valco E (Indonesia) front view.jpg
Etios Cross 20142016
Yaris 20182021 2017 Toyota Yaris ATIV 1.2 G Front (cropped).jpg
Urban Cruiser 20202022 2021 Toyota Urban Cruiser Mid (India) front view.png

Lexus

ModelReleasedDiscontinuedImage
NX300h 20202021 2019 Lexus NX 300h Takumi CVT 2.5.jpg

Sales and service network

As of April 2019, it has more than 350 dealerships in 225 cities across India. [21]

Sales performance

TKMPL sold 74,759 vehicles in India in the year 2010 registering a growth rate of 38% compared to 2009 sales. [22]

See also

Related Research Articles

<span class="mw-page-title-main">Suzuki</span> Japanese multinational corporation

Suzuki Motor Corporation is a Japanese multinational mobility manufacturer headquartered in Hamamatsu, Shizuoka. It manufactures automobiles, motorcycles, all-terrain vehicles (ATVs), outboard marine engines, wheelchairs and a variety of other small internal combustion engines. In 2016, Suzuki was the eleventh biggest automaker by production worldwide. Suzuki has over 45,000 employees and has 35 production facilities in 23 countries, and 133 distributors in 192 countries. The worldwide sales volume of automobiles is the world's tenth largest, while domestic sales volume is the third largest in the country.

<span class="mw-page-title-main">Toyota Corolla</span> Japanese compact car

The Toyota Corolla is a series of compact cars manufactured and marketed globally by the Japanese automaker Toyota Motor Corporation. Introduced in 1966, the Corolla was the best-selling car worldwide by 1974 and has been one of the best-selling cars in the world since then. In 1997, the Corolla became the best-selling nameplate in the world, surpassing the Volkswagen Beetle. Toyota reached the milestone of 50 million Corollas sold over twelve generations in 2021.

Maruti Suzuki India Limited is the Indian subsidiary of Japanese automaker Suzuki Motor Corporation. It was established by the Government of India as Maruti Udyog Limited in February 1981 as a joint venture with Suzuki. Maruti opened its first production facility in Gurugram of Haryana, in 1982.

<span class="mw-page-title-main">Suzuki Cultus Crescent</span> Car model manufactured by Suzuki

The Suzuki Cultus Crescent is a subcompact car that was produced by Suzuki in Japan between 1995 and 2002, with South Asian production continuing until 2007. The Cultus Crescent was sold as such in Japan until May 1998, when it was renamed Suzuki Cultus due to the sales discontinuation of the previous Cultus in the Japanese market. The Cultus Crescent was also marketed as the Suzuki Esteem in North America, Philippines and Thailand, and as the Suzuki Baleno throughout Asia, Australasia, Europe, and Latin America. In India where it was manufactured by Maruti Suzuki, the Cultus Crescent was sold as the Maruti Suzuki Baleno. In the Philippines, the facelift model was marketed as the Chevrolet Cassia.

The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. As of 2023, India is the 3rd largest automobile market in the world in terms of sales.

Toyota Australia is an Australian subsidiary of the Japanese car manufacturer Toyota. It markets Toyota products and manages motorsport, advertising and business operations for Toyota in Australia. It is also responsible for Lexus vehicles in Australia.

<span class="mw-page-title-main">Auto Expo</span> Biennial automotive show in India

The Auto Expo is a biennial automotive show held in Greater Noida, NCR, India.

<span class="mw-page-title-main">Automotive industry in Pakistan</span>

The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 billion. Pakistan's auto market is among the fastest growing in Asia. 384,000 cars were sold in 2023. In the 1990s and early 2000s, Pakistan had many Japanese cars. With the launch of the first Auto Policy in 2005, Pakistan launched its first indigenous car, Adam Revo. However, after the 2008 elections, the dollar started depreciating, and due to bad governance, many automakers began to halt production, with some exiting Pakistan. Currently, the auto market is dominated by Honda, Toyota, Hyundai, Kia and Suzuki. However, on 19 March 2016, Pakistan passed a second "Auto Policy 2016-21," which offers tax incentives to new automakers to establish manufacturing plants in the country. In response, Renault, Nissan, Proton Holdings, Kia, SsangYong, Volkswagen, FAW, and Hyundai have expressed interest in entering the Pakistani market. MG JW Automobile Pakistan has signed a memorandum of understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor, to bring electric vehicles to Pakistan. NLC signed an agreement with Mercedes-Benz to manufacture Mercedes Actros trucks in Pakistan. Pakistan has not enforced any automotive safety standards or model upgrade policies. A few older vehicle models, including the Bolan and Ravi, continue to be sold by Suzuki. On 8 July 2021, Jolta Electric launched the production of electric motorcycles.

<span class="mw-page-title-main">Toyota Etios</span> Motor vehicle

The Toyota Etios is a subcompact car consisting a line of four-door saloon/sedan and five-door hatchback produced by the Japanese automaker Toyota from 2010 to 2023. The saloon version was launched in December 2010 and the hatchback version followed in June 2011. The vehicle is built on the EFC platform.

Toyota Motor Thailand Co., Ltd. (TMT) is the wholly owned subsidiary of Toyota Motor Corporation in Thailand, established in 1962. In 1979, Toyota began making pressed body parts in Thailand. In 1989, TMT began manufacturing engines locally. TMT controls the manufacturing of Toyota cars in Thailand and they supply cars to various official dealers throughout Thailand. TMT's main export market is the ASEAN region and the Oceania, but TMT also export cars to different parts of the world, especially the Toyota Hilux Vigo model. As of April 2016, there were 150 official Toyota dealers with 455 showrooms approved by TMT.

<span class="mw-page-title-main">Suzuki Brezza</span> Motor vehicle

The Suzuki Brezza is a subcompact crossover SUV from Suzuki and manufactured by Maruti Suzuki in India. The Brezza is the first Suzuki-branded car which was fully developed in India. The model was designed as a smaller alternative to the global market Vitara and targeted to young audiences. It is only available for right-hand drive emerging markets in Asia and Africa. The first-generation model was also marketed by Toyota as the Toyota Urban Cruiser between 2020 and 2022.

<span class="mw-page-title-main">Automotive industry in Vietnam</span>

The automotive industry in Vietnam is a fast-growing sector mainly reliant on domestic sales. All currently produced models are designed abroad by foreign brands, and many rely on knock-down kit production. Due to high import taxes on automobiles, the Vietnamese government protects domestic manufacturing. Although Vietnam is a member of the ASEAN Free Trade Area, automobile imports fall under an exception. Since January 1, 2018, the 30% import tax has been discontinued as part of ASEAN agreements. Currently, the Vietnamese motor industry is not deemed competitive enough to make exports feasible. As of April 2018, 85% of car sales in Vietnam were produced domestically from knock-down kits.

<span class="mw-page-title-main">Toyota Argentina</span> Wholly owned subsidiary of Toyota

Toyota Argentina S.A. is the Argentine subsidiary of Japan-based conglomerate Toyota, being also the first Japanese automotive company to produce in Argentina. Established in 1994, the company has its manufacturing plant in Zárate, Buenos Aires, which opened in 1997.

Toyota South Africa Motors (Proprietary) Limited (TSAM) is an automobile manufacturer that is a subsidiary of Toyota based in Prospecton, South Africa.

<span class="mw-page-title-main">Suzuki K engine</span> Reciprocating internal combustion engine

The Suzuki K engine family is a series of automobile engines from Suzuki, introduced in 1994. Displacements range from 0.7 L to 1.5 L. All engines have aluminium cylinder blocks with three or four cylinders in-line. Cylinder heads have two overhead camshafts, driven by chain, and four valves per cylinder. Fuel is gasoline/petrol, metered by multipoint fuel injection or direct injection. Some variants are turbocharged.

<span class="mw-page-title-main">Toyota dealerships (Japan)</span>

Toyota vehicles in Japan are distributed to numerous dealership chains throughout the country. Up to May 2020, each dealership chain had a different product offering, with some models restricted to one chain to maintain exclusivity. Since May 2020, every Toyota model in Japan was available in all dealership chains. Current dealership chains include Toyota Store, Toyopet Store, Toyota Corolla Store and Netz Store.

<span class="mw-page-title-main">Suzuki Grand Vitara (2022)</span> Motor vehicle

The Suzuki Grand Vitara and Toyota Urban Cruiser Hyryder are subcompact crossover SUVs (B-segment) developed by Suzuki and produced by Toyota in India since 2022. The Urban Cruiser Hyryder was released in July 2022 in India ahead of the Grand Vitara. It is available with a range of mild and strong hybrid petrol powertrains. The Grand Vitara replaced the S-Cross in India, while the Urban Cruiser Hyryder indirectly replaced the smaller Urban Cruiser, a rebadged Vitara Brezza. In 2023, the Toyota-badged model was released as the Toyota Urban Cruiser in South Africa and the Middle East.

Vikram Kirloskar was an Indian businessman and industrialist who served as the Vice Chairman of Toyota Kirloskar Motor. He was a fourth generation member of the Kirloskar business family and is credited with bringing Toyota's business to India in the late 1990s. He died on November 29, 2022, at the age of 64, due to a heart attack.

References

  1. "Toyota in India". Toyota Kirloskar. Retrieved 28 June 2022.
  2. "Toyota Kirloskar Motor steps up for the challenge to curtail carbon footprint in the city" (Press release). India: Toyota. 7 July 2016. Archived from the original on 12 May 2017. Retrieved 9 April 2017.
  3. "Careers". Toyota Kirloskar. Archived from the original on 24 September 2015. Retrieved 14 May 2013.
  4. "Toyota in India". Toyota Kirloskar. Archived from the original on 1 September 2015. Retrieved 14 May 2013.
  5. Toyota Kirloskar Motor Ltd., Toyota Kirloskar Motors, Toyota Qualis, Toyota Innova, Toyota Corolla, Toyota Camry, Toyota Plado
  6. 1 2 "Toyota Kirloskar Motor Pvt Ltd" (PDF). ibef.org. India Brand Equity Foundation.
  7. 1 2 3 "20 years of Toyota in India: The past, present and future". Financialexpress. Retrieved 4 July 2022.
  8. "Toyota launches for-India 'etios' compact car". Toyota launches for-India 'etios' compact car. Retrieved 4 July 2022.
  9. "Toyota and Suzuki Enter into Capital Alliance Agreement". Toyota Motor Corporation Official Global Website. 28 August 2019. Retrieved 4 July 2022.
  10. "Toyota and Suzuki Conclude Memorandum on EV Introduction in India". Toyota Motor Corporation Official Global Website. 17 November 2017. Retrieved 4 July 2022.
  11. "Toyota - Toyota Takes Steps to Reduce Waiting Period for Etios". Archived from the original on 17 March 2011. Retrieved 23 April 2011.
  12. "Toyota - Toyota Kirloskar Motor ramps up production to 2,10,000 units". Archived from the original on 27 April 2011. Retrieved 22 July 2012.
  13. "Toyota shuts 2 India plants in lockout over wages". Hindustan Times . 17 March 2014. Archived from the original on 17 March 2014.
  14. "Toyota Kirloskar declares lock-out". The Hindu . 16 March 2014.
  15. "Toyota Kirloskar Motor declares lockout at Bidadi over labour woes". The Economic Times . 16 March 2014.
  16. "Toyota declares lockout at its Bidadi facility". Times of India . 16 March 2014.
  17. "Toyota agrees to lift lockout at its Bangalore units". Times of India . 21 March 2014.
  18. "Toyota crisis resolved, company lifts lockout". The Hindu . 21 March 2014.
  19. "Toyota plant in Bangalore resumes operations as workers return". IANS. news.biharprabha.com. Retrieved 23 April 2014.
  20. "Toyota to launch motor racing series next year in India". 2 June 2012.
  21. "Archived copy". Archived from the original on 9 January 2011. Retrieved 12 January 2011.{{cite web}}: CS1 maint: archived copy as title (link)
  22. Toyota Kirloskar Motor’s records 38% growth in sales in the year 2010 Archived 12 January 2011 at the Wayback Machine