Bangalore, 01^st December 2024: Toyota Kirloskar Motor (TKM) continues to post robust growth trajectory, recording sales of 26,323 units in November 2024, a remarkable 48% increase over the same period last year. In the month of November 2023, the company sold 17,818 units. Exports in the month of November 2024 stood at 1140 units.

In the first eight months of FY'24-‘25, TKM achieved a significant milestone, with total sales reaching 2,19,791 units, reflecting a 34% growth over the 1,63,636 units sold during the same period in FY'23-‘24. This impressive performance was driven by strong market demand for TKM's MPV and SUV portfolio, further supported by the success of customer-centric initiatives and tailored offerings.

Speaking on this strong performance Mr. Sabari Manohar – Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “We are delighted to report another month of strong sales performance, reflecting our sustained growth and customer trust. Our diverse portfolio, spanning from hatchbacks to SUVs, continues to offer tailored mobility solutions that resonate with varying lifestyles. Notably, two of our flagship models, the Innova Hycross and Urban Cruiser Hyryder, have each achieved the remarkable milestone of 1,00,000 sales. This milestone underscores the success of our India-focused product strategy, which emphasizes providing a range of advanced technologies to meet the diverse mobility needs of our customers.

Moreover, exclusive year-end benefits of over ₹1 lakh on select models, including the Urban Cruiser Taisor, Toyota Glanza and Rumion (excluding CNG variants), available until December 31, 2024, have played a key role in driving robust sales momentum. This has been instrumental in providing customers with exceptional value and contributing to Toyota’s continued success in meeting market demand. The year 2024 has exceeded our expectations and we are gearing up to close it on a strong note, with a continued focus on redefining customer experience to effectively meet evolving market demands.”

 

Sales Performance:

Time Frame	November’24	November’23	% Growth
Y-O-Y	26,323	17,818	48%
Time Frame	Apr- Nov 2024	Apr- Nov 2023	% Growth
First 8 months of Financial Year	2,19,791	1,63,636	34%

Overview of TKM

Equity participation	Toyota Motor Corporation (Japan): 89%, Kirloskar Systems Limited (India) : 11%
Number of employees	Over 6,500
Land area	Approx. 432 acres (approx.1,700,000 m2)
Building area	74,000 m2
Total Installed Production capacity	Up to 3,42,000 units

Overview of TKM 1st Plant:

Established	October 1997 (start of production: December 1999)
Location	Bidadi
Products	Innova HyCross, Innova Crysta, Fortuner, Legender manufactured in India.
Installed Production capacity	Up to 1,32,000 units

Overview of TKM 2nd Plant:

Start of Production	December 2010
Location	On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products	Camry Hybrid, Urban Cruiser Hyryder, Hilux
Installed Production capacity	Up to 2,10,000 units

*Other Toyota Models: Glanza, Rumion, Urban Cruiser Taisor

**Imported as CBU: Vellfire, LC 300

For Any Further Queries, Please Contact:

Toyota Kirloskar Motor Pvt. Ltd.	Current Global
Kaveri Mandanna Email : kaveriamma_mm@toyota-kirloskar.co.in	Shakuntala Datta Mobile : +91 9845611219 Email : SDatta@webershandwick.com