Toyota Kirloskar Motor reports 19% growth in January sales
Toyota Kirloskar Motor saw a 19% rise in January sales, largely due to positive customer feedback, the introduction of the All New Camry Hybrid, and its entry into the pre-owned car market.
Toyota Kirloskar Motor (TKM) recorded total sales of 29,371 units in January 2025, representing a 19% increase from 24,609 units in January 2024. The company's domestic sales reached 26,178 units, while exports accounted for 3,193 units.
Varinder Wadhwa, Vice President of Sales-Service-Used Car Business & Profit Enhancement at TKM, cited positive customer response to the company's product lineup, including the recently launched All New Camry Hybrid, as key factors driving growth.
The company expanded its presence in India's pre-owned car market with the launch of Toyota Mobility Solutions and Services India Ltd. (TMSS) in January 2025. This wholly-owned subsidiary aims to provide services across new and pre-owned car segments.
TKM recently participated in the Bharat Mobility Global Expo 2025, where it showcased its "Happier Path Together" vision, focusing on achieving carbon neutrality through multiple technological approaches. The company's display emphasized sustainable mobility solutions and advanced technology.
Toyota Kirloskar Motor, a joint venture between Toyota Motor Corporation and the Kirloskar Group, has been operating in India since 1997. The company manufactures vehicles at its plant in Bidadi, Karnataka, and has established a significant presence in the Indian automotive market.
Looking ahead, TKM plans to strengthen its position in India through enhanced customer services and after-sales support. The company's strategy includes maintaining a multi-pathway approach to meet various mobility needs while implementing efficiency measures across operations.
The January sales figures continue the momentum from 2024, reflecting TKM's focus on expanding customer access across India and developing value-added solutions. The company's growth aligns with the broader trend of recovery in India's automotive sector and increasing consumer interest in hybrid and sustainable mobility options.
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By Autocar Professional Bureau
02 Feb 2025
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Shahkar Abidi