Toyota Kirloskar Motor (TKM), registered sales of 17,818 units in November 2023 reporting a growth of 51%, compared the same month of 2022, where it had sold 11,765 units. While the company sold 16,924 units in domestic market, 894 units of The Urban Cruiser Hyryder were exported. TKM also undertook a weeklong maintenance shutdown from November 11-19, 2023 for up keeping of machinery and equipment to sustain operational efficiencies, maintain quality and safety.
TKM’s sales increased by 40% in 2023, reaching 2,10,497 units, marking a significant increase from 1,49,995 units in 2022, indicating a robust growth trajectory. Commenting on the sales momentum, Mr. Atul Sood, Vice President of Sales and Strategic Marketing at Toyota Kirloskar Motor, said “It’s the trust & confidence of our customers that is not only generating overwhelming response for our entire product portfolio but also encouraging us to undertake more customer centric initiatives to grow the Toyota family.”
TKM has signed an MOU with the Karnataka government for INR 3,300 crores to invest in a new plant, boosting the local manufacturing eco-system and introducing new technologies to create “mobility for all” in India, marking 25 years of operations.
