DSK Toyota plans network expansion in Maharashtra

Pune: DSK Toyota, dealer of Toyota vehicles, with its presence in six districts in the Maharashtra, is expanding its network.

The DSK Group Chairman and Managing Director, Mr D.S.K. Kulkarni, said that the company would be opening its second dealership in the cityat Hadapsar.

He said an investment of Rs 35 crore is being utilised for sales, service and spares. The first dealership, located at Bavdhan on NH4 is spread over 60,000 sq ft. Apart from adding a new facility in the city, it would also open another facility at Ahmednagar and Solapur, which would be operational by December 2009.

Mr Kulkarni said DSK Toyota which has a market share of around 40 per cent in the MPV segment and over 30 per cent in the C sedan category in this region is estimating to cross Rs 400 crore for the current financial year.

It had recorded a turnover of Rs 300 crore in the last fiscal and was looking at a target of Rs. 1,000 crore by 2011, he said.

The sales target for the current year is 1,800 Innova he said.

The average sales/month hovered around 160 and in December, it had crossed 160 vehicles.