Toyota Kirloskar Motor on Tuesday reported a 14 per cent year-on-year increase in wholesales at 26,847 units in September. The automaker had dispatched 23,590 units to its dealers in September last year. The company sold 23,802 units in the domestic market and exported 3,045 units, Toyota Kirloskar Motor (TKM) said in a statement. “As the … Read more
Industries Minister MB Patil onWednesday said Toyota Kirloskar Motor (TKML) setting up a plant in Maharashtra was part of its diversification plans and it should not be viewed as a flight of capital. The Japanese automaker has a relationship with Karnataka for 30 years now. The company may have chosen to invest in Maharashtra as … Read more
Toyota Kirloskar Motor (TKM) Wednesday signed an agreement with the Maharashtra government to manufacture electric and hybrid cars, which Chief Minister Eknath Shinde said would revolutionise the automobile sector in the state. The MoU (Memorandum of Understanding) was signed at Sahyadri Guest House in Mumbai. The company has inked the MoU to examine the setting … Read more
New Delhi: Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a … Read more
Car sales in the local market in the last financial year grew by nearly 9% to a record 4.23 million units amid improved supplies and sustained customer demand, cementing India’s position as the third largest market for passenger vehicles in the world. Around 370,000 cars, sedans and utility vehicles were sold last month, compared to … Read more
Toyota Kirloskar Motor on Monday reported its highest-ever monthly wholesales at 27,180 units in March. The company’s total dispatches to dealers increased 25 per cent last month to 22,910 units as compared with 21,783 units in March 2023. For the 2023-24 fiscal the company reported the highest-ever wholesales of 2,63,512 units, an increase of 48 … Read more
New Delhi, Toyota Kirloskar Motor on Thursday reported its highest-ever monthly wholesales in January with dispatch of 24,609 units, an increase of 92 per cent over same month last year. The automaker had dispatched a total of 12,835 units to dealers in January last year. Last month the company sold 23,197 units in the domestic … Read more
Happy Thursday! It’s January 11, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Jalopinions | The Best Type is Jaguar’s E-Type 1st Gear: Student Loans Are Getting In The Way … Read more
Toyota Kirloskar Motor on Wednesday announced senior management changes to align with the recent regional restructuring by parent company Toyota Motor Corporation integrating India into its ‘Middle East, East Asia & Oceania Region’ operations and slotting the country to act as the hub of the new geography. As part of the changes, Tadashi Asazuma, currently … Read more
Toyota Kirloskar Motor on Wednesday said it expects to continue the strong momentum next year after closing 2023 with record sales as rising demand from tier II and III markets is slated to fuel further growth. The company is set for a record year in terms of sales in 2023. It has already clocked a … Read more
