Toyota Kirloskar Motor (TKM) reported a 66% increase in sales in October 2022, with 21,879 units sold, a 66% increase from 13,143 units in October 2022. The company sold 20,542 units in the domestic market and exported 1337 units.
The healthy growth pace for TKM has continued through the year. The company recorded a significant increase in terms of Calendar Year performance for the period January–October by selling 1,92,661 units as compared to 1,38,190 units sold during the same period last year, thus demonstrating a substantial 40% increase in 2023. Similarly, in the first 7-months of the FY’23, TKM has accomplished an impressive sale of 1,45,818 units as compared to 1,04,986 units sold in FY’22 indicating a growth of 39% in 2023.
Furthermore, the enhanced production capacity through three shift operations has strongly enabled TKM to meet the ever-growing market demand. Mr. Atul Sood, Vice President of Sales, and Strategic Marketing at Toyota Kirloskar Motor, said, “Given strong market sentiments around Diwali, we remain confident of a very buoyant performance in the coming months as well.”
