Toyota Kirloskar Motor (TKM) celebrates an exceptional year as it reports its highest-ever financial year and monthly wholesales. Surpassing expectations, TKM reached a remarkable milestone in the fiscal year 2023-24, recording sales of 2,63,512 units, marking an impressive 48% growth compared to the previous fiscal’s 1,77,683 units.
In addition to this stellar annual performance, TKM achieved a significant surge in monthly wholesales for March 2024, selling 27,180 units, representing a robust 25% increase from March 2023’s figures of 21,783 units. Domestic sales accounted for 25,119 units, with exports totaling 2061 units during the same period.Mr. Sabari Manohar, Vice President of Sales-Service-Used Car Business at Toyota Kirloskar Motor, attributed this success to the company’s customer-centric approach and understanding of market trends. He emphasized TKM’s commitment to meeting diverse customer needs with quality products and services, enhancing customer touchpoints, and creating delightful ownership experiences.
TKM’s strong product portfolio, including models like the Innova Crysta, Fortuner, Legender, and Urban Cruiser Hyryder, contributed significantly to its sales growth. Moreover, investments totaling INR 3,300 crores were made to bolster business expansion and incorporate technological advancements to achieve carbon neutrality goals.