Toyota Kirloskar Motor sales soar 110% to 20,410 units in best-ever May and month

Combined domestic and export sales hit a new monthly high in May 2023; India sales at 19,379 units are up 90%, while month-on-month growth is 39% over April 2023.

By Ajit Dalvi calendar 01 Jun 2023 Views icon2156 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

Toyota Kirloskar Motor has reported combined domestic and export market wholesales of 20,410 units in May 2023, which constitutes robust 110% increase over year-ago sales (May 2022: 10,216 units) and marks its best-ever monthly sales. Month on month, the increase is 32% (April 2023: 15,510 units).

The May 2023 wholesales comprise domestic market sales of 19,379 units and export sales of 1,031 units (Urban Cruiser Hyryder). Month on month, the combined domestic and export sales are up 32% over April 2023’s 15,510 units.

Specific to the domestic market, TKM’s 19,379 units in May 2023 are up 90% (May 2022: 10,151), while the month-on-month growth is 39% (April 2023: 13,896 units).

Cumulative wholesales (domestic and export) for the first five months of CY2023 are 82,763 units, a 42% increase over the 58,505 units in January-May 2022.

Commenting on TKM’s sales in May 2023, Atul Sood, Vice-President of Sales and Strategic Marketing said, "We believe that the strong upward trajectory highlights the company's customer alignment and ever-growing product popularity with the latest launches like Urban Cruiser Hyryder, Innova Hycross and the Hilux that continue to support the strong sales momentum in their respective segments.”

He added, “We recently enhanced our production by implementing the third-shift of operations at our Bidadi plant from May 2023 which has greatly contributed to addressing the market’s needs.”

RELATED ARTICLES
Aeris looks to ride growing demand for IoT and vehicle telematics

auther Autocar Pro News Desk calendar22 Sep 2023

Noida-based IoT and telematics solutions provider Aeris Communications, which has EV OEMs and EV fleet and service provi...

Murugappa Group's Montra Electric joins forces with Exponent Energy for 15-minute charging e-three-wheelers

auther Autocar Pro News Desk calendar21 Sep 2023

Murugappa Group’s EV brand to integrate Exponent’s proprietary battery pack e^pack into its line of electric three-wheel...

TVS announces India’s first-ever electric two-wheeler racing championship

auther Autocar Pro News Desk calendar21 Sep 2023

TVS Racing Electric One Make Championship (e-OMC) will make its debut at the fourth round of INMRC on September 29; eigh...