Toyota’s April sales touch 15,085 units

Toyota Kirloskar Motor (TKM) sold 15,085 units in April, registering a significant 57 percent year-on-year growth compared to 9,600 units sold in April 2021.

The rise in numbers comes on the back of a low year-ago base when the second wave of Covid in India had resulted in a slow down in demand for cars.

TKM, which, continues to witness strong demand for its Fortuner SUV and Innova Crysta MPV, had also introduced two price hikes of up to Rs 250,000 on the Fortuner alone between January and April 2022.

Starting May 1, it has also hiked prices of the Glanza and Urban Cruiser, citing rising input costs but said in a statement that the overall impact has been tapered down to minimise impact on consumers.

The company is jointly developing a brand-new midsized SUV with Maruti Suzuki India and is likely to showcase the new product later this year.