Toyota Kirloskar Motor Achieves Record-Breaking Sales Growth in 2024

Toyota Kirloskar Motor announced a 29% sales increase in December 2024, selling 29,529 units compared to 22,867 units in December 2023. It marked its best sales year ever with 3,26,329 units sold, a 40% rise from 2023. SUVs and MPVs, along with a shift in consumer preference towards sustainable vehicles, contributed significantly.

Toyota Kirloskar Motor has achieved an impressive feat, witnessing a 29% rise in its December 2024 sales, boasting 29,529 units sold against 22,867 during the same period last year.

The company has recorded its highest-ever sales year, selling 3,26,329 units in 2024, a notable 40% increase from the previous year. Domestic sales stood at 24,887 units, with an additional 4,642 units exported.

Sabari Manohar, TKM's Vice President of Sales, stated that the SUV and MPV segments played a key role, growing 20% as consumer preferences shift towards more sustainable, safe, and valuable vehicles, fueling further sales growth.

(With inputs from agencies.)