Toyota Kirloskar Motor Achieves Record Sales and 48% Growth in FY23-24

2024/04/01
Production & Sales, General News
Toyota
India
Malaysia
Overseas
Japan
Toyota Kirloskar Motor (TKM) has maintained its sales momentum, achieving a record sales volume of 263,512 units in FY23-24, marking a 48% growth compared to the previous year's 177,683 units. In addition, TKM recorded a 25% growth in March 2024, selling 27,180 units compared to 21,783 units in March 2023. Domestic sales accounted for 25,119 units, while exports totaled 2,061 units during the same month. Reflecting on the growth, Vice President Sabari Manohar stated that TKM will continue to focus on customer-centricity and meet the rising consumer demands across segments, while enhancing customer touchpoints and creating delightful ownership experiences. Notably, the SUV and MUV segments, including models like the Innova Crysta, Innova HyCross, Fortuner, Legender, Urban Cruiser Hyryder, Hilux, and LC300, were significant contributors to the company's growth.
Click original text link for more information
Toyota
Hot News
AION Ray7 to Officially Launch on Nov 12, Pre-sale Starts at 128,800 RMB, Huawei Tech Powers 120k EV Coupe Benchmark
AION's all-new Ray series first mid-size EV coupe Ray7 will officially launch on November 12, with pre-sale range 128,800-158,800 RMB. It is the first 120k RMB segment EV that fully integrates Huawei DriveONE e-drive, 192-line semi-solid LiDAR and FSD adaptive damping suspension. Built on pure RWD platform with 2920mm wheelbase, it delivers up to 702km CLTC range, 6.9s 0-100km/h acceleration, equipped with Snapdragon 8295P cockpit chip and L4 Robotaxi homologous ADAS large model, bringing high-level ADAS and sport chassis entry threshold down to 130k RMB segment.
Denza D9L Patent Images Officially Exposed, 5400mm Length Targeting 500,000-600,000 RMB High-end MPV Segment
The patent images of Denza's new extended flagship MPV Denza D9L have been officially exposed. Positioned higher than the current Denza D9, it targets the 500,000-600,000 RMB price range with 5400mm body length. It retains the family design language, equipped with LiDAR, Cloud-A intelligent body control system and God's Eye B ADAS, offering PHEV and EV variants. The PHEV version is powered by 2.0T engine + E³ platform with over 300km pure electric range, further filling Denza's product gap in the high-end luxury MPV market.
Deepal G318 4WD Enjoy Qiankun Edition to Launch on Nov 11, Equipped with Huawei Qiankun ADS 5 Pro, Est. Price 179,800 RMB
Deepal announces the mid-size hard-core PHEV SUV G318 4WD Enjoy Qiankun Edition will officially launch on November 11, with official teaser estimated price at 179,800 RMB. It retains the family boxy hard-core design, equipped with Huawei Qiankun ADS 5 Pro ADAS and HarmonySpace 5 cockpit, 1.5T range-extender dual-motor 4WD delivers 5.9s 0-100km/h acceleration and 200km CLTC pure EV range, bringing Huawei ADAS boxy SUV entry threshold down to 180k RMB segment.
4
BMW Unveils 2026 Guangzhou Auto Show Lineup, New i3/iX3 Lead Neue Klasse EV Matrix Full Launch
BMW officially announced its 2026 Guangzhou Auto Show lineup on Nov 9. The all-new iX3 will launch on Nov 25 with pre-sale range 269,900-339,900 RMB, followed by the new i3's official launch on the show's opening day. Both Neue Klasse EVs are built on 800V high-voltage platform with maximum 900+km CLTC range. The new 7 Series dual-tone custom paint, 5 Series special edition, X5 special edition and all-new MINI COUNTRYMAN make their China debut, all equipped with Panoramic iDrive system deeply integrated with Alibaba AI engine and Huawei HarmonyOS ecosystem.
5
New Lincoln Z Officially Launched, Limited Pre-sale Starts at 169,900 RMB, Equipped with 27-inch 4K Curved Display & 6s-level HEV Powertrain
The new Lincoln Z launched on Nov 10 with 5 trims, official MSRP 235,800-299,800 RMB, limited-time privilege price starting at 169,900 RMB before Nov 30. It features 27-inch 4K display, Snapdragon 8155 chip, 2.0T ICE and 234kW HEV powertrain with 5.99L WLTC fuel consumption, standard L2 ADAS and 24 acoustic packages.
6
2027 Toyota Crown Officially Launched, Priced 299,000-349,000 RMB, New Two-tone Paint & Upgraded Co-driver Seat Adjustment
On November 10, FAW Toyota officially launched the 2027 imported Crown in China, offering two core variants: Premium and Ultra, with official MSRP 299,000-349,000 RMB, plus an Ultra Two-tone edition priced at 354,000 RMB. It adds two exclusive two-tone exterior colors, upgrades the co-driver seat adjustment on the Ultra trim, retains the 2.5L hybrid system, positioned as an imported rear-wheel drive full-size luxury sedan in the 300,000 RMB segment, with some dealers offering up to 20,000 RMB terminal subsidy currently.
Copyright © RUNTO TECH LIMITED. All rights reserved.