Auto Sales May 2024: Toyota Kirloskar Motor Reports 24 Per Cent Growth

Toyota Kirloskar Motor (TKM) has showcased a strong performance with a notable increase in sales for May 2024. The company reported sales of 25,273 units, reflecting a 24 per cent year-on-year growth compared to May 2023, when 20,410 units were sold. This increase also represents a 23 per cent growth over April 2024, where the sales were 20,494 units.

Sabari Manohar – Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “Our unrelenting customer-centric approach has inspired us to stay ahead of the curve by understanding the diverse needs of our customers and offering a diverse array of products and services.”

Domestic sales in May 2024 accounted for 23,959 units, while exports contributed an additional 1,314 units. Over the first five months of 2024, TKM experienced an impressive 48 per cent surge in total sales, reaching 122,776 units, up from 82,763 units during the same period in the previous year.

Manohar highlighted that the success of TKM’s diversified portfolio, including popular models such as the Innova Crysta, Innova HyCross, Fortuner, Legender, Urban Cruiser HyRyder, Hilux, and LC300, underscores the effectiveness of their product strategy. Additionally, the strong sales of hybrid models like the Camry Hybrid, along with other models such as the Glanza, Vellfire, and Rumion, have significantly contributed to the company’s upward trajectory.