Toyota Kirloskar Motor December sales up 29% at 29,529 units

On the outlook, he said, "Given the existing trend, we are confident of further consolidating our market position, thus playing a larger role in driving sustainable mobility along with globalizing India’s automobile manufacturing base."

Toyota Kirloskar Motor on Wednesday reported a 29 percent increase in sales at 29,529 units in December 2024 compared to 22,867 units in the same month a year ago. The company sold 24,887 units in the domestic market and exported 4,642 units last month, Toyota Kirloskar Motor (TKM) said in a statement.

The company recorded its best-ever calendar year sales in 2024 at 3,26,329 units, which is a 40 percent increase compared to 2,33,346 units sold in 2023. "The SUV and MPV segments being key contributors grew at 20 percent over the same period last year. We are also observing a growing shift of consumer preferences towards vehicles offering sustainability, value proposition of dependability quotient, enhanced safety, and better resale value, which is boosting our sales," TKM Vice President, Sales-Service-Used Car Business, Sabari Manohar said.

On the outlook, he said, "Given the existing trend, we are confident of further consolidating our market position, thus playing a larger role in driving sustainable mobility along with globalizing India’s automobile manufacturing base."