Toyota Launches its First Ever Exclusive Express Service Facility in India

New Delhi, December 16th, 2013- Toyota Kirloskar Motor Pvt. Ltd. today launched its first ever Toyota Express Service (TES) outlet in India during an inauguration at Galaxy Toyota, Rama Road in New Delhi. TES is designed to offer the renowned Toyota standard of high quality service to its customers in a very short time. TES would exclusively accommodate the well-known Express Maintenance 60 (EM60) concept which has been well received by the customers in India. It aims at increasing customer satisfaction and retention by ensuring quality service in substantially curtailed turnaround with the help of sophisticated equipment, perfect ergonomy, synchronizing processes and eliminating stagnation amidst them.

The concept of TES was conceived keeping in mind the customer’s needs so that the customer can spend quality time relaxing at the facility while the vehicle gets serviced, thus duly valuing the precious time of the customer. The new Toyota Express Service outlet is conveniently located within very close proximity to a full-fledged Toyota dealership which supports the TES with parts and other paraphernalia as required.

Reciprocating to the grave environmental need of preserving water resource, Toyota has introduced Dry Washing technology at TES to clean the vehicle body. Toyota has also introduced Dry Washing technology at TES to clean the vehicle body. This renders better appearance to the vehicle post cleaning than the conventional water wash at no additional cost to the customer.

Spread over a total area of around 8,000 sq ft, the new Galaxy Toyota Express Service outlet has 3 Express Maintenance bays. With its efficient operations following Toyota standard operating methods, this facility can churn out around 35 units in a day.

Launching Toyota Express Service at the inauguration of the new Galaxy Toyota Express Service outlet, Mr. Sandeep Singh, DMD & COO, TKM, said, “Given the importance of time, it is our aim is to provide the best quality services to our customers in the shortest time span through Toyota’s Express Services. We feel honored by the loyalty of our customers and are committed to exceed their expectation at all times.” Launched as a pilot project at Galaxy Toyota, TES outlets are planned to be opened at key metro cities, with Bengaluru following close on the heels.

For more info on our product & services visit:http://www.toyotabharat.com

Source: http://www.prlog.org/12257994-toyota-launches-its-first-ever-exclusive-express-service-facility-in-india.html

Toyota Kirloskar Motor sells 12,748 units in November 2013

December 1, 2013, New Delhi: Toyota Kirloskar Motor registered total sales of 12,748 units in Nov 2013 when compared to 11,357 units in Nov 2012. The company exported 2,540 units of the Etios series last month. 

The company sold 10,208 units in the domestic market in Nov 2013 as compared to 10,352 units in Nov 2012. 

Commenting on the sales in Nov 2013, Mr. Sandeep Singh, Deputy Managing Director and Chief Operating Officer, Marketing and Commercial said “The market continues to be sluggish and market sentiments are not expected to improve in the coming months.” 

For more info on our product & services visit:http://www.toyotabharat.com

Source:http://www.directionsmag.com/pressreleases/toyota-kirloskar-motor-sells-12748-units-in-november-2013/371093/

Toyota Launches the New Land Cruiser Prado in India

New Delhi, December 5th, 2013: Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced the launch of the New Land Cruiser Prado in India. Inheriting the Land Cruiser's DNA, the new Prado is the perfect combination of the rugged dominance of its Land Cruiser heritage along with the revolutionary technology and sophistication for which Toyota is renowned.
The redesigned Prado aims to create an exterior with the active feel expected of a four-wheel drive and an interior that is refined, roomy and luxurious. With its new sculpted looks, spoiling comfort and thrilling features, the New Land Cruiser Prado is perfect to conquer any terrain. Specific additions made include exterior changes as following:
• New Design Front Grille, Bumper, Fog Lamps, Head Lamps & Rear Combination Lamp
• New Design Rear License Plate Garnish
• LED Headlamps & DRLs (Daytime Running Lamps)
The interior enhancements of the new Prado include:
• Crawl Control (a system that makes accelerator and brake operations unnecessary when driving over jagged off-road terrain or on slippery surfaces, enabling the driver to concentrate fully on
• Steering)
• Multi-Terrain Select (a system that allows you to choose between various road condition modes- Rock; Rock and Dirt; Mogul; Loose Rock; and Mud & Sand)
• Multi-Terrain Monitor (used in conjunction with Multi-Terrain system to provide a clear view of the surroundings)
• Display Audio with 7" Screen & New Design Optitron Metre
• Second Row Seat Heater
• Ornamental Changes in the Centre Console- Upper, Centre and Rear
• Tyre Pressure Monitoring System (safety feature)
The new Prado is available in five exciting colours- White Pearl Crystal Shine, Silver Metallic, Grey Metallic, Dark Blue Metallic and Black along with two interior colors (Flaxen & Black) which provides an option of a combination of dark exteriors and lighter interiors or vice versa.
Sharing his thoughts on this occasion, Mr. Sandeep Singh, DMD & COO, Toyota Kirloskar Motor said, “Ever since Prado’s launch in India in 2004, customer response to the Prado's legendary quality, durability and reliability has been very good and we would like to thank our customers for this appreciation. Owing to its Land Cruiser heritage, the Prado has earned its name as an all terrain luxury SUV and appeals not only to SUV buyers but also to buyers of other luxury car segments alike. A perfect combination of maneuverability and interior luxury, we are certain that the Indian customers will experience superior comfort and luxury while driving the New Prado”.
Bookings for the New Prado start today.
For more info on our product & services visit:http://www.toyotabharat.com

Source:http://www.directionsmag.com/pressreleases/toyota-launches-the-new-land-cruiser-prado-in-india/371089/

No unsold inventories in books of account, says DLF

New Delhi: DLF Ltd, the country's largest real estate firm, today said it has no unsold inventories despite slowdown in the property market as the company mostly sells flats before the start of construction of projects. 

"We have always followed the model where we sell the project before we start construction and this approach ensures that we do not have an inventory of flats," DLF group executive director Rajeev Talwar said. 

DLF said the Rs. 17,645 crore mentioned in the books of accounts under head 'Inventories' represents mainly cost of land and plots, construction and development material. 

He noted that there is "absolutely no pile up" of unsold flats despite slowdown in the property market.

Mr Talwar, however, said that the company has adopted the model of simultaneously constructing and selling flats few months back in couple of its projects, including 'The Crest' in Gurgaon. 

Under this model too, the company does not hold on to an unsold inventory of flats, he explained. 

"A project typically takes around four years to execute so whatever we build each year, will easily find buyers. To that extent, we are inventory proof," Mr Talwar said. 

He said the inventories mentioned in the company's annual report for 2012-13 fiscal was towards cost of land and plots, construction and development material and even stock of food and beverages. 

"The definition of inventory is very different as far as DLF is concerned and it no way represents any unsold flats because our model prevents any such pile up," Mr Talwar said. 

DLF had reported 38 per cent fall in the consolidated net profit at Rs. 181.19 crore for the quarter ended June 30 on higher expenses. The company had posted a net profit of Rs. 292.79 crore in the year-ago period. 

However, income from operations increased by 5 per cent to Rs. 2,314.08 crore in the first quarter of this fiscal compared with Rs. 2,197.71 crore in the corresponding period of last fiscal. 

Source: http://profit.ndtv.com/news/corporates/article-no-unsold-inventories-in-books-of-account-says-dlf-327847

UPM Signs Finance and Accounting Contract with Genpact

NEW YORK, October 31, 2013 - Genpact Limited (NYSE: G), a global leader in transforming and running business processes and operations, and UPM-Kymmene Corporation (UPM), the global frontrunner of the new bio and forest industry, have signed a five-year outsourcing agreement to provide finance and accounting services to UPM. 

As part of this agreement, Genpact will create a global hub for UPM’s transactional finance processes in Kolkata, India, which will operate in close cooperation with UPM’s captive Financial Shared Service Centers in Finland and China. 

“With this outsourcing agreement UPM will optimize and standardize the handling of recurring financial tasks and thus drive significant improvements in cost and performance efficiency as well as increase the scalability and flexibility of our financial operations,” says Erkka Repo, senior vice president of Business Control and Finance Operations at UPM. “We chose Genpact because of their track record in F&A and their experience in managing global transformation projects, combined with their commitment to process excellence and continuous improvement." 

“We continue to expand our footprint and capabilities in the Nordics region, where in the past 12 months we have formed a number of solid relationships including this one with UPM,” says Ahmed Mazhari, senior vice president, Global Sales at Genpact. “Our granular process knowledge, deep analytical insights, global delivery and leadership in F&A services allow us to focus on transforming core business processes that generate significant business outcomes for our clients. We look forward to a long-term partnership and believe that we will be able to substantially improve the effectiveness of UPM’s F&A operations, making UPM more competitive, adaptive and connected to their customers.” 

Source:http://www.prlog.org/12239599-upm-signs-finance-and-accounting-contract-with-genpact.html

Toyota Kirloskar Motor sells 15,576 units in October 2013

November 1, 2013, New Delhi: Toyota Kirloskar Motor registered a total sale of 15,576 units in October 2013 as compared to 14,040 units in the corresponding month last year. The company sold 13,162 units in the domestic market and registered a 7% growth as compared to domestic sales of 12,281 units in October 2012. The company exported 2414 units of the Etios series last month.

Commenting on the sales in October 2013, Mr. Sandeep Singh, Deputy Managing Director and Chief Operating Officer, Marketing and Commercial, TKM said, “October has seen good sales as the festive season has helped us in generating good numbers of enquiries and orders. Sales of all the models including the Innova, Etios, Liva, Fortuner and Corolla Altis have seen a positive growth last month.

The New Innova launched in October 2013 has received a very good response from our customers. We would like to thank them and wish all our customers a happy and prosperous Deepawali. We hope to continue delighting them with the Toyota experience.”

For more info on our product & services visit:http://www.toyotabharat.com

Overview of TKM:
Company name - Toyota Kirloskar Motor Private Limited
Managing Director - Hiroshi Nakagawa
Equity participation - TMC: 89%, Kirloskar group: 11%
Number of employees - Approx. 6,000 +
Land area - Aprox. 432 acres (approx.1,700,000 m2)
Building area - 74,000 m2
Total Installed Production capacity - Upto 3,10,000 units

Overview of TKM 1st Plant
Established - October 1997 (start of production: December 1999)
Location - Suburb of Bangalore, Karnataka State
Products - Innova, Fortuner manufactured in India. Prado, Land Cruiser and Prius imported as CBUs.
Installed Production capacity - Upto 1,00,000 units

Overview of TKM 2nd Plant
Location - On the site of Toyota Kirloskar Motor Private Limited (on the outskirts of Bangalore, Karnataka State)
Products - Corolla Altis, Etios, Etios Liva, Camry, Camry Hybrid
Start of production - December 2010
Installed Production capacity - Upto 2,10,000 units

For any further information please contact:
Toyota Kirloskar Motor Pvt. Ltd.
Ananya Bhattacharjee
Mobile : 0-7259017457
E-mail: ananya_bhattacharjee@toyota-kirloskar.co.in

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Author Resource:

Mr. Steve Burns is a professional writer, presently writing for Online Service Marketplace. 

Source:http://goarticles.com/article/Making-the-Most-of-the-Online-Service-Marketplace/7959257/