toyota growth: Toyota sales grow 32% to 20,494 units in April

Toyota Kirloskar Motor on Wednesday said its wholesales increased 32 per cent year on year to 20,494 units in April. The automaker had dispatched 15,510 units to its dealers in April 2023. The growth momentum was sustained despite a week-long maintenance shutdown from April 6 for upkeep of machinery and equipment to sustain operational efficiencies, … Read more

Toyota records highest-ever monthly sales at 27,180 units in March

Toyota Kirloskar Motor on Monday reported its highest-ever monthly wholesales at 27,180 units in March. The company’s total dispatches to dealers increased 25 per cent last month to 22,910 units as compared with 21,783 units in March 2023. For the 2023-24 fiscal the company reported the highest-ever wholesales of 2,63,512 units, an increase of 48 … Read more

Domestic car sales in last financial year grew by nearly 9% to a record 4.23 mn units

Car sales in the local market in the last financial year grew by nearly 9% to a record 4.23 million units amid improved supplies and sustained customer demand, cementing India’s position as the third largest market for passenger vehicles in the world. Around 370,000 cars, sedans and utility vehicles were sold last month, compared to … Read more

Toyota Kirloskar Motor: Toyota Kirloskar Motor to hike prices on select vehicles from April 1

Automaker Toyota Kirloskar Motor on Thursday said it plans to increase prices of select vehicles up to 1 per cent from April 1 citing rising input costs and operational expenditures. In a statement, the company said it is planning to increase prices of certain grades of its specific models effective April, 1 2024. “With an … Read more

Toyota Kirloskar Motor recalls 269 units of Land Cruiser 300

Toyota Kirloskar Motor is recalling 269 units of its sports utility vehicle Toyota Land Cruiser 300 to reprogramme the automatic transmission ECU software. The company is recalling the model manufactured between February 12, 2021 and February 1, 2023, the automaker said in a statement. The recall, involving 269 units, aims to reprogram the automatic transmission … Read more

Toyota registers highest-ever monthly sales in January at 24,609 units

New Delhi, Toyota Kirloskar Motor on Thursday reported its highest-ever monthly wholesales in January with dispatch of 24,609 units, an increase of 92 per cent over same month last year. The automaker had dispatched a total of 12,835 units to dealers in January last year. Last month the company sold 23,197 units in the domestic … Read more

Car Buying Is Hard When You’re Paying Student Loans

Happy Thursday! It’s January 11, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Jalopinions | The Best Type is Jaguar’s E-Type 1st Gear: Student Loans Are Getting In The Way … Read more

Toyota Kirloskar Motor: Toyota Kirloskar Motor announces senior management rejig

Toyota Kirloskar Motor on Wednesday announced senior management changes to align with the recent regional restructuring by parent company Toyota Motor Corporation integrating India into its ‘Middle East, East Asia & Oceania Region’ operations and slotting the country to act as the hub of the new geography. As part of the changes, Tadashi Asazuma, currently … Read more

Toyota Kirloskar news: Toyota Kirloskar confident of continuing strong growth in 2024

Toyota Kirloskar Motor on Wednesday said it expects to continue the strong momentum next year after closing 2023 with record sales as rising demand from tier II and III markets is slated to fuel further growth. The company is set for a record year in terms of sales in 2023. It has already clocked a … Read more

Toyota expects Indian PV market to carry momentum of 2023 into next year, SUVs to continue to grow

The Indian passenger vehicle market is expected to carry forward the momentum of this year to the next purely driven by economic fundamentals, having already moved beyond pent-up demand-induced growth, according to Toyota Kirloskar Motor Executive Vice President & Country Head Vikram Gulati. While the SUVs are expected to witness fast growth in general in … Read more