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Toyota Kirloskar Motor registers 14% growth in September 2024

Company posts a remarkable 31% growth, marking its best performance in first six months of any fiscal year to date
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The Toyota logo is seen at a dealership. Reuters file
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Toyota Kirloskar Motor (TKM) continues to record positive sales momentum by registering a 14% increase in wholesale sales in September 2024 compared to the same period last year. The company sold a total of 26,847 units, with domestic sales accounting for 23,802 units and exports totalling 3,045 units.

In September 2023, the company had sold 23,590 units.

In the first six months of the fiscal year 2024-2025, TKM achieved a notable increase in vehicle deliveries, reaching a total of 1,62,623 units. This marks the company’s strongest performance ever in India.

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The company had sold 1,23,939 units in the corresponding period of the previous financial year.

Sabari Manohar, Vice-President Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “As the festive fervour picks up, footfalls and enquiries are charged up, which makes us positive of a very good festive season. Notably, our SUV, MPV, and small car segments have experienced significant growth nationwide, contributing over 90% to our sales in the month of September.

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Key to meeting this rising demand has been our strategic operational improvements, such as the introduction of a third shift. This has significantly optimised our supply chain, particularly for high-demand models where waiting periods have been reduced.

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