Tuesday, April 10, 2012

Toyota's IMV series vehicle cumulative global production and sales crosses 5 million units



Toyota Motor Corporation, Japan has announced that the (Innovative International Multi-purpose Vehicle) IMV Series Vehicle Cumulative Global Production and Sales crossed 5 million units. Toyota initiated the IMV project to createan optimized global manufacturing and supply system for pick-up truck, minivan, and SUV to cater to the market demand in more than 140 countries and regions worldwide.
Under the IMV project Toyota manufactures diesel engines in Thailand, gasoline engines in Indonesia and manual transmissions in India and the Philippines. These are supplied to the countries manufacturing vehicles on the IMV platform. The IMV series vehicles are manufactured in 11 locations across the globe. For vehicle assembly, Toyota will use plants in Thailand, Indonesia, Argentina and South Africa. These are four main IMV production bases that also export IMV vehicles.
Hilux, Innova and Fortuner are the vehicles manufactured on the IMV platform are Innova and Fortuner are the two models from the IMV series that are manufactured in India. Commenting on the IMV vehicles in India, Hiroshi Nakagawa, Managing Director, Toyota Kirloskar Motor (TKM) said “We are very happy to have touched the record 5million mark in global production and sales of the IMV series vehicles. India is one of the leading IMV countries and has played an important role in the success of the IMV project. This underlines the faith that Indian customers have placed in the Innova and Fortuner through the years, that has translated into its success in India.’’
“The Innova and Fortuner like all IMV series vehicles are designed to provide unprecedented satisfaction in terms of comfort, styling, handling, safety, fuel economy, and environmental sensitivity. The New Innova and New Fortuner have been very well received. The Innova and Fortuner are very successful models in India. Innova achieved cumulative sales of around 3, 28,000 units since its launch in 2005 and Fortuner around 30,000 units since its launch in 2009,’’ added Sandeep Singh, Deputy Managing Director – Marketing, TKM.