Bangalore, 1^st February 2024: Toyota Kirloskar Motor (TKM), continued to demonstrate a strong wholesales performance by selling 24,609 units for January of 2024 - this is the highest ever monthly wholesales for the company in India. The company achieved sales of 23,197 units in the domestic market, with an additional 1,412 units of The Urban Cruiser Hyryder being exported.

This achievement represents a significant growth of 92% compared to the same period last year, when the company sold 12,835 wholesale units. Furthermore, in the preceding month of December’ 2023 TKM had sold 22,867 units.

Commenting on the performance, Mr. Sabari Manohar – Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “Last Calendar Year we reported our best performance in the country by selling 2,33,346 units. In the new year, we plan to enhance momentum by executing our long-term growth strategy. This involves our focus on three key areas such as - developing cleaner and greener products, driving production efficiencies and enhancing overall customer delight. We believe that these will be the core towards further enhancing Toyota brand presence and capitalizing on the expanding opportunities in the market.

Sales in the month of January ’2024 stood at a record high wholesale of 24,609 units, 92% higher than same period last year. The company’s MPV and SUV offerings continue to be our greatest strength with major contributions from the Innova Hycross, Urban Cruiser Hyryder, Innova Crysta, Fortuner and the Legender. Other offerings such as the Camry Hybrid, Glanza, Hilux, Vellfire and the Rumion too have fuelled our growth story.

We are also excited to announce our participation at the Bharat Mobility Global Expo, scheduled to commence on February 1, 2024. Aligning with TKM’s long-term strategy towards achieving business sustainability and contribution to the nation’s energy self-reliance and carbon neutral goals. We are geared-up to demonstrate advanced green technology product line-up along with technology innovation centred around the theme of "Grow India – Grow with India”. On display will be the full range of electrified vehicle technologies including Battery Electric Vehicle, Strong Hybrid Electric Vehicle, Fuel Cell Vehicle Flex Fuel vehicle - Strong Hybrid Electric Vehicle, all having common powertrain parts besides CNG, Emergency Response Vehicles.

Sales Performance:

Category	January’24	January’23	% Growth
Total Sales	24,609	12,835	92%

Overview of TKM:

Equity participation	Toyota Motor Corporation (Japan) : 89%, Kirloskar Systems Limited (India) : 11%
Number of employees	Approx. 6,000
Land area	Approx. 432 acres (approx.1,700,000 m2)
Building area	74,000 m2
Total Installed Production capacity	Up to 3,42,000 units

Overview of TKM 1st Plant:

Established	October 1997 (start of production: December 1999)
Location	Bidadi
Products	Innova HyCross, Innova Crysta , Fortuner, Legender manufactured in India.
Installed Production capacity	Up to 1,32,000 units

Overview of TKM 2nd Plant:

Start of Production	December 2010
Location	On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products	Camry Hybrid, Urban Cruiser Hyryder, Hilux
Installed Production capacity	Up to 2,10,000 units

*Other Toyota Models: Glanza, Rumion

**Imported as CBU: Vellfire, LC 300

For Any Further Queries, Please Contact:

Toyota Kirloskar Motor Pvt. Ltd.	Current Global
Kaveri Mandanna Email : Kaveriamma_mm@toyota-kirloskar.co.in	Shakuntala Datta Mobile : +91-98456 11219 Email : SDatta@webershandwick.com