Toyota Posts Strong Sales Growth in June 2023!

Toyota Kirloskar Motor Continues to Post Strong Sales Growth Records Sales of 19608 Units in June 2023
Toyota Innova HyCross!

Toyota Kirloskar Motor reports 19,608 units in June 2023 with 18.75% growth over the last year!

Toyota Kirloskar Motors revealed the sales figures for the month of June 2023 and it was a good month for them as they reported 19,608 unit sales with 18.75% growth over the last year.

Toyota Kirloskar Motors June 2023 Sales

MonthSalesAgainstDifference in UnitsDifference in %
June 202319,608June 2022 (Year-on-Year)3,096+18.75%
May 202319,379June 2023 (Month-on-Month)229+1.18%
June 202216,512

Toyota Kirloskar Motors Sales in June 2023 were 19,608 units with 18.75% year-on-year growth against the 16,512 units in June 2022 with volume growth by 3,096 units. When comparing to it’s previous month, May 2023, which is 19,379 units, it reports month-on-month growth by 1.18% with volume growth by 229 units. These improved numbers in sales includes models such as Glanza, Urban Cruiser Hyryder, Innova Crysta, Innova HyCross, Hilux Pik-up, Fortuner, Camry, and Vellfire.

QuartersSalesAgainstDifference in UnitsDifference in %
Q2 202355,528Q2 2022 (Year-on-Year)13,715+32.80%
Q1 202346,665Q2 2023 (Quarter-on-Quarter)8,863+18.99%
Q2 202241,813

Talking about the Quarter sales, Toyota Kirloskar Motors achieved sales of 55,528 unit in Q2 2023 with a year-on-year growth by 32.80% compared to the Q2 2022 with 41,813 units. When you compare the Q2 2023 to Q1 2023, it reports quarter-on-quarter growth by 18.99% over the 46,665 units with volume growth by 8,863 units. The improved quarters sales over it the previous quarters shows the demand of vehicles from Toyota especially Hybrid models like Urban Cruiser Hyryder, and Innova HyCross with the HyCross hybrid variants bookings suspended due to waiting period going high up to 2.5 years.

Toyota Kirloskar MotorsH1 2023H1 2022Difference in UnitsDifference in %
Sales1,02,37175,01727,354+36.46%

Lastly, the Toyota Kirloskar Motors finished half the year with 1,02,371 unit sales which is an 36.46% year-on-year growth over the 75,017 unit sales last year with volume growth by 27,354.

Toyota is currently rebadging the Innova HyCross Top Hybrid variant for Maruti Suzuki as Invicto as part of their deal, and later this year, it is expected to receive a crossover rebadged SUV from Maruti. It will be called Taisor, and it’ll be the Fronx SUV that’ll be getting rebadged. It’ll come with all the Fronx features like 360-degree camera, Heads-up Display (HUD), wireless charging pad, premium interiors, 9-inch infotainment system, and many more.

Mr. Atul Sood, Vice President of Sales, and Strategic Marketing at Toyota Kirloskar Motor, said, “Toyota Kirloskar Motor continues to post strong sales growth, thanks to the robust performance of our entire product range we achieved a remarkable growth of 19% in the month of June.

Ever since the launch of Urban Cruiser Hyryder and Innova Hycross, we are witnessing continued high acceptance by our customers. These along with a consistent performance by the entire product portfolio – Camry Hybrid, Fortuner, Legender, Vellfire, Glanza and the newly introduced Hilux, further encouraged by exceptional customer satisfaction, are enabling us to sustain the positive performance. Our maiden “Great 4X4 X-pedition”, held in the South region, was much appreciated by the cult off-roading community whilst keeping the SUV enthusiasts engaged. This along with the various thrilling experiential drives conducted across the country for the Hilux fan base is enabling Toyota to win more hearts across the country.

The commencement of three shift operations has played a vital role in enhancing operational capabilities and addressing the growing demand for our products. Looking ahead, we will continue to be driven by our customer first approach to serve customers with best-in-class vehicles along with a bundle of best in class value added propositions to meet customers’ diverse needs.”

Like this article?

Share on Facebook
Share on Twitter
WhatsApp

Leave a comment