Toyota to strengthen dealership networks


The company, which is present in India through a joint venture with the Kirloskar Group, on Monday reported a jump of 8 per cent in its sales during September at 6,187 units over the same month last year.

At present, Toyota has 90 dealerships and has plans to enhance it to 150 outlets, of which about 60 per cent would come up in semi-urban and rural locations, Toyota Kirloskar Motor (TKM) said. It is investing about Rs 3,200 cr in setting up its 2nd manufacturing facility in Bangalore with an initial production capacity of 70,000 units to roll out a ‘strategic’ small car by early 2011.

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