Innova Hycross, Hyryder, Glanza and More Fuel Toyota Kirloskar Motor's YoY Sales Growth to 66% in October

Toyota Kirloskar Motor (TKM) has released sales data for the month of October 2023. In comparison to the 13,143 vehicles sold in October 2022, the automaker delivered 21,879 vehicles in the previous month, which gave it an impressive year-over-year growth of 66%. The organisation supplied 20,542 units locally and 1,337 units abroad. Moreover, this auto giant delivered around 1,45,818 units during the first seven months of 2023—marking a 39% jump from the 1,04,986 vehicles sold in the same period the year before.

The company sold 1,92,661 vehicles between January and October calendar year in 2023, which is a significant 40% increase over the 1,38,190 units supplied during the same time in 2022. Several models, including the Rumion, the Fortuner, the Innova Hycross, and the Toyota Glanza, helped the brand maintain its impressive sales in October. Let's look at the firm's viewpoint on its performance and other details. 

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Toyota India October Sales 2023: What the Company Has to Say?

Atul Sood, Vice President of Sales, and Strategic Marketing at Toyota Kirloskar Motor, said “This year, the offtake of the festive season has been very strong for both TKM and well as the industry. In the month of October 2023, we reported our sales of 21,879 units, which is mainly driven by the festive season push along with the strong market acceptance of the entire product line-up, resulting in higher volumes''

He further added ''For us sustained growth has been coming from across every segment where Toyota has its presence. This upward pattern is resulting in TKM delivering consistent results with fresh bookings remaining strong. Further to models such as the Urban Cruiser Hyryder, Innova Hycross, and Hilux, the recent additions of the All-New Vellfire and the All-New Rumion, have contributed to the positive booking trend. TKM has maintained its segment leadership with models like the New Innova Crysta, Fortuner, and Legender. The Camry Hybrid and Glanza also continue to be significant contributors to the company’s overall success.''

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Toyota India September 2023 Sales

With 23,590 units delivered in September 2023, the company's total sales achieved a new record. It was a 53% rise in a year from the 15,378 units sold in September 2022. The automaker supplied 22,168 vehicles in the domestic market and 1,422 vehicles overseas.