Car maker Toyota Kirloskar Motor today crossed the 1 million sales mark in the country. The company recorded its 1 millionth vehicle sale through Nippon Toyota, its authorised dealer in Cochin, Toyota Kirloskar Motor (TKM) said in a statement.
The car, a Toyota Etios, was handed over to a customer during a ceremony.
"The sale of Toyota's 1 millionth car in India marks a very important milestone for us. Since its inception, Toyota has been present in the MPV/SUV segment in India and we have been market leaders ever since in these segments," TKM Senior Vice President N Raja said.
Also read: Toyota Kirloskar sales down 19% in February
The company forayed into the mass segment with the Etios and Liva in 2011 and has been able to cross this milestone in a short duration, he added. Established in India in 1997, Toyota currently has a production capacity of up to 3,10,000 units.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
