Toyota Kirloskar Motor Opens North Regional Stockyard in Haryana, Auto News, ET Auto | Jobs Reply


    The five-acre stockyard with a parking capacity of 900 cars is the second for TKM.
The five-acre stockyard with a parking capacity of 900 cars is the second for TKM.

New Delhi: Toyota Kirloskar Motors (TKM) on Thursday inaugurated its first regional stockyard at Farooqnagar in Haryana.

The strategically located stockyard will reduce the delivery time from the current 6-8 days to a maximum of two days for dealers in Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Uttarakhand and Jammu & Kashmir. This development by TKM will also benefit customers in the region who will now have faster access to Toyota vehicles as a regional stockyard will ensure shortest delivery to dealers, given the proximity and availability of the company’s vast stock of all Toyota vehicles, a press release said.

Following the launch of its first regional stockyard in Guwahati in 2020, the five-acre stockyard has a parking capacity of 900 cars, the second for TKM. Eastern region. Farooqnagar stockyard will help in speed, flexibility, cost reduction and more importantly CO2 reduction, as dispatch from TKM plant to stockyard will be maximized through trains. At present, 60% of the total TKM dispatches take place by train and “we aim to increase this to 80%, while being able to deliver 5,000 vehicles per month,” the release added.

V. Wiseline Sigamani, General Manager, TKM said, “We are delighted to announce the opening of our first regional stockyard in Haryana. Northern India is a very important market for us and the strategic location of Farooqnagar will further enable us to easily cater to the customer base in this market while maintaining our customer-first approach objective. As a pioneer in green mobility solutions, Toyota is leading towards a better future and always emphasizes environmentally sustainable solutions in everything we do, be it component sourcing, manufacturing or sales and service. By being close to our patrons through regional stockyards, we are not only able to reduce transit costs, but also significantly reduce CO2 emissions in the process through reduced logistics”.

TKM’s current product lineup in India includes the all-new Innova Hicross and Urban Cruiser Highrider, a compact SUV that appeals to young and discerning customers. Apart from being present in the premium segment with the Camry Hybrid and Velfire, both the Innova Hicross and the Urban Cruiser Hydra will be available with Toyota’s self-charging Strong Hybrid Electric variant, thus reiterating TKM’s efforts towards “mass electrification”. As well as providing more options for customers to choose from. TKM also offers the Innova Crysta, Fortuner and Legend in the Indian market and these flagship models are enjoying a leadership position in the MPV and SUV segments. Another Toyota vehicle, which has received tremendous response from young and first-time buyers, is the premium hatchback, Glanza, which has added release.

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Due to supply side issues, the company we had stopped booking the Innova Crysta for some time. Now the company will continue to cater to the demand of the diesel variant of the brand.

The company said in a statement that it aims to finance two million electric vehicles over five years as it aims to reach new states with a footprint in 50 cities and add 10,000 new customers.



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