Latest news with #TKM
India Today
2 days ago
- Automotive
- India Today
Toyota records 22% YoY growth in May 2025, 30,864 units sold
Toyota Kirloskar Motor (TKM) reported a robust 22% year-on-year sales growth in May 2025, selling 30,864 units compared to 25,273 units in May 2024. The company's performance included 29,280 domestic units and 1,584 export sales for the first two months of FY 2025–26 (April–May) reached 58,188 units, reflecting a 27% increase over the 45,767 units sold in the same period of FY 2024–25. Varinder Wadhwa, Vice President of Sales-Service-Used Car Business at TKM, attributed the growth to strong customer trust and a favourable market outlook. 'In May, we achieved a growth of 22%, a testament to the enduring trust and support of our valued customers,' Wadhwa said. 'With the onset of the monsoon and forecasts indicating a normal to above-normal season, we remain optimistic about improved market sentiment, particularly in rural and semi-urban regions.'advertisementTKM's SUV and MPV segments were the primary drivers of its May performance, with a combined 34% sales increase for April–May FY 2025–26 compared to the previous year. Models such as the Innova HyCross, Fortuner, and Urban Cruiser Hyryder have resonated strongly with Indian consumers, reflecting a growing preference for versatile and reliable mobility options. The company also celebrated a milestone with the Toyota Fortuner and Legender surpassing cumulative sales of 3 lakh units in India, solidifying their dominance in the premium SUV category. Enhancing its MPV portfolio, TKM launched the Innova HyCross Exclusive Edition in May, featuring 19 premium upgrades to its hybrid offering. The edition has received an enthusiastic market response, further strengthening TKM's position in the MPV segment. Other key models, including the Innova Crysta, Camry Hybrid, Hilux, Glanza, Rumion, and Urban Cruiser Taisor, continue to contribute to TKM's diverse lineup, with the Vellfire and LC 300 imported as Completely Built Units (CBUs).advertisementOperating from its Bidadi facilities in Karnataka, TKM boasts a total installed production capacity of 342,000 units across two plants. The first plant, established in 1997, produces the Innova HyCross, Innova Crysta, Fortuner, and Legender, with a capacity of 132,000 units. The second plant, operational since 2010, manufactures the Camry Hybrid, Urban Cruiser Hyryder, and Hilux, with a capacity of 210,000 units. This robust manufacturing base supports TKM's ability to meet both domestic and export emphasized TKM's strategic focus, stating, 'Backed by our vast product portfolio and innovative campaigns, we are well-positioned to maintain this growth trajectory.' The company's optimism is further supported by improving market conditions and its alignment with India's evolving preference for SUVs and a workforce of over 6,500 employees and a sprawling 432-acre manufacturing facility, TKM remains a key player in India's automotive landscape, backed by Toyota Motor Corporation's 89% equity stake and Kirloskar Systems Limited's 11% to Auto Today Magazine
NDTV
2 days ago
- Automotive
- NDTV
Toyota Fortuner, Legender Get 48V Mild-Hybrid System: Price, Specs, Features
Toyota Kirloskar Motor (TKM) today announced the introduction of the Fortuner and Legender in a new Neo Drive avatar. Equipped with an advanced 48-Volt system, the new Neo Drive Variants claim to offer improved fuel efficiency, enhanced driving performance, and a refined experience. The Toyota Fortuner and Legender Neo Drive get a 2.8-litre, 4-cylinder turbo-diesel engine now paired with a 48-Volt system, featuring a belt-integrated starter generator and lithium-ion battery. The brand claims that this hybrid assist delivers smoother low-end acceleration, quieter operation, and improved efficiency. Also Read: Volvo Suspends U.S. Car Production Amid Parts Shortage Speaking on the introduction of the Fortuner & Legender Neo Drive 48V variants, Mr. Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, said, "As the SUV market in India grows steadily, customers are seeking advanced features and differentiated styling, both the Fortuner and Legender rise to meet these expectations with their bold design, powerful performance and comprehensive features, catering seamlessly to the needs of diverse users." Adding further, he also said- "Now, the introduction of the new Neo Drive 48V grade in both models marks yet another milestone in our journey. As a segment first, it underscores our commitment to delivering ever-better cars that align with evolving customer lifestyles, while also reinforcing Toyota's multi-pathway approach toward carbon neutrality. Through practical, future-ready mobility solutions, we strive to enhance customer value and contribute meaningfully to a more sustainable tomorrow." The Fortuner and the Legender Neo Drive retain most of the exterior elements from the one on sale. The Toyota Legender gets striking dual-tone body colours, split LED headlamps, and a sleeker fascia. Both models feature dual-tone leather upholstery, soft-touch materials, and ergonomic seating for enhanced long-distance comfort. The Toyota Fortuner and Legender offer a host of safety features that include: seven airbags, ABS, Vehicle Stability Control with Brake Assist, WIL Concept Seats, Hill Assist Control, TRC (Traction Control System), Child Restraint System, Front Row Seatbelts with Pre-Tensioner + Force Limiter, Speed Auto Lock with Emergency Unlock amongst host of other essentials. The Toyota Fortuner Neo Drive 48V is available at Rs 44.72 lakh (ex-showroom), whereas the Legender Neo Drive 48V is priced at Rs 50.09 lakh (ex-showroom).
Hindustan Times
3 days ago
- Automotive
- Hindustan Times
Innova and Fortuner fuel Toyota to grow 22 per cent in May 2025. Check details
Toyota Fortuner crossed the 3 lakh sales mark since 2009. Check Offers Toyota Kirloskar Motor (TKM) has posted a year-on-year growth of 22 per cent in May 2025. The company sold 30,864 units during the month, including 29,280 units in domestic sales and 1,584 units exported. In May 2024, TKM had sold 25,273 units. The company also recorded 27 per cent growth in the first two months of FY 2025–26, selling 58,188 units, compared to 45,767 units in FY 2024–25. The company emphasised that the MPV and SUVs in its portfolio continue to be the primary growth drivers. During April–May FY 2025–26, combined sales of MPVs and SUVs recorded a robust 34 per cent increase compared to the same period last year. Additionally, the Toyota Fortuner and Legender crossed the three lakh cumulative sales mark since its launch in 2009. Also Read : Toyota Fortuner crosses 3 lakh cumulative sales in India. Here's what makes it popular Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, stated that tith the onset of the monsoon and forecasts indicating a normal to above-normal season, the company remains optimistic about improved market sentiment in the coming months, particularly across rural and semi-urban regions. Innova Hycross Exclusive Edition During May 2025, the carmaker also launched the Toyota Innova Hycross Exclusive Edition with a price tag of ₹ 32.58 lakh ex-showroom. It is based on the ZX(O) variant and will be offered for a limited time with dual tone in two colors - Super White and Pearl White. Apart from the dual-tone colour schemes, there are other cosmetic changes as well. The special edition comes with blacked-out elements. So, the roof, front grille, rear garnish, alloy wheels and the hood emblem are now finished in black. There is a front skid plate and a grill garnish. On the sides, there is wheel arch moulding and a garnish for an outside rearview mirror. At the rear, there is a skid plate and a garnish for the tailgate. Toyota has also added an Exclusive rear badge to the special edition. Also Read : Toyota reached out to Nissan after Honda merger failed: Report There are changes to the interior as well. The instrument panel, door fabric, seat material and the centre console lid is finished in dual-tone theme. Toyota has added an air purifier, leg room lamp and a wireless charger. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 01 Jun 2025, 12:30 PM IST
Time of India
3 days ago
- Automotive
- Time of India
Toyota Kirloskar's May sales rise 22% to 30,864 units
Toyota Kirloskar Motor (TKM) on Sunday reported a 22 per cent increase in sales in May, 2025. The carmaker sold 30,864 units last month, including exports of 1,584 units. Srong demand for its MPV and SUV segments and the launch of the Innova HyCross exclusive edition contributed to the overall growth, the company said. The carmaker sold 25,273 units in May 2024. In the first two months of FY26, TKM sold 58,188 units, registering a growth of 27 per cent from the 45,767 units sold during the same period in FY25. Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, said 'In May, we achieved a growth of 22%, a testament to the enduring trust and support of our valued customers, for which we are deeply grateful. With the onset of the monsoon and forecasts indicating a normal to above-normal season, we remain optimistic about improved market sentiment in the coming months, particularly across rural and semi-urban regions." The company's MPV and SUV segments have been key contributors to its growth. These segments experienced a combined sales increase of 34 per cent during April–May FY 2025–26 compared to the same period last year. This underscores a shift in customer preference towards dependable and versatile mobility options. Toyota product expansion The Japanese carmaker reached a milestone with its Fortuner and Legender models, cumulatively selling 3 lakh units of these premium SUVs in India. Toyota has also expanded its MPV offerings with the Innova HyCross Exclusive Edition. This edition features 19 upgrades designed to enhance its hybrid capabilities. The positive response to the Innova HyCross Exclusive Edition highlights its strong market traction. TKM is optimistic about maintaining its growth trajectory in the coming months.
The Hindu
26-05-2025
- Automotive
- The Hindu
Toyota achieves cumulative sales of 3 lakh units of Fortuner, Legender SUVs
Toyota Kirloskar Motor (TKM) has announced achieving milestone of cumulative sales of 3-lakh units of Fortuner and Legender, the premium SUVs in India. Toyota Fortuner, debuted in 2009 even today stand out for its formidable off-road capability and long distance journey. Legender, introduced in 2021, builds upon this legacy by offering a more luxurious and feature-packed experience, designed for the modern, urban driver. 'What truly distinguishes the Fortuner and Legender is their unmatched reliability, strong resale value, and low cost of ownership—qualities deeply rooted in Toyota's trusted brand promise,' the company said in a statement. Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, ' The Fortuner and Legender remains a top choice among SUV enthusiasts who seek a perfect blend of luxury, performance, and reliability.' 'Whether navigating city streets or tackling challenging terrains, it offers premium feel paired with robust strength,' he added.
