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India Today
3 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
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Business Standard
01-05-2025
- Automotive
- Business Standard
Domestic PV wholesales rose by 4.4% to around 353,000 units in April
Domestic passenger vehicle (PV) wholesales by Indian automakers rose 4.4 per cent year-on-year (Y-o-Y) to around 353,000 units in April, driven by robust SUV sales and sustained rural demand, industry sources told Business Standard. Mahindra & Mahindra (M&M) emerged as the second-largest carmaker in terms of domestic PV wholesales in the month, overtaking Hyundai and Tata Motors, which had ranked ahead of it in March. M&M sold 52,330 units in the domestic market during April, marking a robust 27.6 per cent Y-o-Y growth. Veejay Nakra, president of the Automotive Division at M&M, said the strong performance in April was driven by the "strong momentum" carried over from last year. M&M's portfolio consists exclusively of SUVs. Hyundai Motor India's (HMIL's) domestic PV wholesales declined 11.6 per cent Y-o-Y to 44,374 units in the month under review. Tata Motors also saw a drop, with domestic PV wholesales falling 5.6 per cent Y-o-Y to 45,199 units during the month. Tarun Garg, chief operating officer (COO), HMIL, said the domestic market "continues to face headwinds on account of various macro-economic factors" and the company continues to strongly focus on exports. This has resulted in a robust 21.5 per cent Y-o-Y growth in export volumes to 16,400 units in April, he noted. "Overall, we remain dedicated to enhancing value for our customers as we gear up to commence operations at our new plant at Talegaon in the fourth quarter of this calendar year (Q4CY25),' he added. The domestic wholesales of Maruti Suzuki India (MSIL), India's largest carmaker, increased by just 0.5 per cent Y-o-Y to 138,704 units in April. Partho Banerjee, senior executive officer, Marketing and Sales, MSIL, said that despite a challenging market environment and no new model launches, the company managed to "maintain" its sales performance in April. Like M&M, Toyota Kirloskar Motor (TKM) also saw a sizable jump in its April sales. Domestic sales of TKM stood at 24,833 units, recording a 32.8 per cent Y-o-Y growth. TKM stated that it was able to sustain its growth momentum despite a maintenance shutdown between April 21 and 25, undertaken for the upkeep of machinery and equipment to maintain operational efficiency, productivity, and safety. Its SUVs such as Urban Cruiser Hyryder are popular in the Indian market. The domestic wholesales of Kia India increased by 18.3 per cent Y-o-Y to 23,623 units in April. Hardeep Singh Brar, head of Sales and Marketing at Kia India, said: "We are pleased by the strong start to 2025, underscored by the enduring success of the Sonet and the positive market response for the new Syros. This performance reaffirms the growing trust our customers place in Kia's product excellence and brand promise."
Time of India
01-05-2025
- Automotive
- Time of India
Toyota Kirloskar sales up 33% in April at 27,324 units
Toyota Kirloskar Motor on Thursday said its sales increased 33 per cent year-on-year to 27,324 units in April. The automaker dispatched 20,494 units to dealers in April 2024. #Pahalgam Terrorist Attack Nuclear Power! How India and Pakistan's arsenals stack up Does America have a plan to capture Pakistan's nuclear weapons? Airspace blockade: India plots a flight path to skip Pakistan Last month, domestic sales stood at 24,833 units, while exports contributed 2,491 units, Toyota Kirloskar Motor (TKM) said in a statement. "Our multi-pathway approach , which provides diverse technology options, has enabled us to respond positively to shifting customer needs and has ensured strong demand across our line-up," Varinder Wadhwa , Vice President, Sales-Service-Used Car Business, said. The company is also encouraged by the positive response to the recently introduced Urban Cruiser Hyryder , now equipped with enhanced safety, comfort, and convenience features -- further strengthening its appeal among customers, he added. "Looking ahead, we will continue to be guided by customer voices, responding with agility and precision in introducing products and value-added services that align with rising expectations," Wadhwa said.
NDTV
01-05-2025
- Automotive
- NDTV
Toyota Kirloskar Motors' Sales Jump By 33 Per Cent In April'25
Toyota Kirloskar Motor announces a growth of 33% in April 2025 over the same period last year, selling 27,324 units. In April 2025 Toyota recorded domestic sales of 24,833 units, while exports contributed 2,491 units in the month. In April 2024, TKM had sold 20,494 units. The growth momentum was sustained despite a maintenance shutdown from April 21-25, 2025, undertaken for the upkeep of machinery and equipment to maintain operational efficiency, productivity, and safety. Toyota Kirloskar Motor also claims that it closed the last fiscal year with its highest-ever sales in India. Toyota also claims that the sales record reaffirms its growing customer trust and the market's preference for quality, reliability, and robust after-sales support. Speaking on the sales momentum, Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, said, "The sustained growth is a testament to our unwavering commitment to offering the Indian market the right products and technologies at the right time. Our multi-pathway approach, which provides diverse technology options, has enabled us to respond positively to shifting customer needs and has ensured strong demand across our line-up." Adding further, he said- "We are also encouraged by the positive response to the recently introduced Urban Cruiser Hyryder, now equipped with enhanced safety, comfort, and convenience features - further strengthening its appeal among customers. Looking ahead, we will continue to be guided by customer voices, responding with agility and precision in introducing products and value-added services that align with rising expectations." Toyota is also gearing up to launch the Urban Cruiser BEV in India. The electric SUV was up for showcase at the Bharat Mobility Global Expo 2025. It will be manufactured at the same facility as the Maruti Suzuki e Vitara, in Gujarat. The company has been tightlipped about the launch, however it is likely to make its way to the Indian roads by the year end.
Time of India
01-05-2025
- Automotive
- Time of India
Toyota Kirloskar Motor April sales soar 33% to 27,324 units
Toyota Kirloskar Motor (TKM) has reported a 33 per cent year-on-year growth in its April 2025 sales , selling 27,324 units compared 20,494 units sold in April 2024. Of the total sales in April, 24,833 units were sold domestically while 2,491 units were exported. This growth was achieved despite a planned maintenance shutdown from April 21–25. Sustained momentum Commenting on the results, Varinder Wadhwa who is the vice president of Sales, Service & Used Car Business at TKM said, 'This growth is a testament to our commitment to offering the Indian market the right products and technologies at the right time.' 'Our multi-pathway approach, which provides diverse technology options, has enabled us to respond positively to shifting customer needs and has ensured strong demand across our line-up.', he added. He also highlighted the encouraging customer response to the newly launched Urban Cruiser Hyryder .
