| Toyota Kirloskar to increase Qualis production
Toyota Kirloskar Motors Limited (TKML) is hoping to improve upon the
encouraging performance of its multi-purpose vehicle, Qualis,in 2000 and will step up
production this year. TKML sold 21,785 units in 2000 against a target of 20,000 units,
capturing a market share of 35 % in the segment. TKML sold 2,452 vehicles in December 2000
itself compared to 1,820 vehicles in the previous month.
Production
at the company's Bangalore plant would be raised to 35,000 units in 2001. The plant has an
installed capacity of 50,000 units.
Plans are also on to widen the present dealer network from 27 to 45 by 2001-end. To
commemorate its first anniversary on the Indian roads, TKML has launched a limited edition
of the Qualis in solid black with an exclusive gold stripe. Production of the first
anniversary edition would be capped at 1,000 units and the model would be priced at Rs 8
lakh (ex-showroom, Delhi). |