Toyota Kirloskar Motors registers 6% growth in October

Toyota Kirloskar Motors announced today that the company had sold a total of 13,143 units in October 2022. In October 2021, the automaker had sold a total of 12,440 units. Toyota managed to record year-on-year growth of 6%. When it comes to cumulative sales from April to October, Toyota registered a growth of 56% when compared to the total cumulative wholesales within the same period last year.

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Commenting on the month’s performance, Mr Atul Sood, Associate Vice President, Sales, and Strategic Marketing, TKM said, “Demand continues to grow as we witness strong bookings for the Self Charging Hybrid Electric Model – Urban Cruiser Hyryder. The brand-new SUV from Toyota has received a phenomenal response with booking orders exceeding our expectations. Deliveries of the brand-new Toyota SUV are also in full swing, as customers drive home their favourite Urban Cruiser Hyryder, this festive season. 

Our flagship models like the Innova Crysta petrol, Fortuner, Legender, Camry and Vellfire continue to garner good traction both in terms of enquiries as well as orders. The cool new Full Model Change Glanza has also been consistently performing well since its introduction in April this year”, he concluded. 

Toyota Kirloskar Motors: Upcoming releases

Toyota Kirloskar Motors has a few projects in the pipeline. The automaker is planning to launch a hybrid version of the Innova, dubbed Toyota Innova Hyross, this month. The MPV will be based on Toyota’s TNGA-C platform. When it comes to dimensions, Toyota Innova Hycross will be 4.7 metres long and will have a wheelbase of 2,980mm. This will make it bigger than the Crysta.

The Hycross will only be made available in petrol-hybrid variants, like the Urban Cruiser HyRyder. Although, unlike the HyRyder, the Toyota Innova Hycross will use a 2.0-litre petrol engine. It will also receive a localised version of the Toyota Hybrid System.

Toyota also unveiled a flex-fuel hybrid of Corolla, dubbed Toyota Corolla Altis, last month. The Toyota Corolla Altis can run on ethanol and petrol, and also comes in a strong hybrid configuration. This makes the vehicle extremely versatile for the Indian market. Powering the Corolla Altis is a 1.8-litre ethanol-ready petrol-hybrid engine that produces a maximum power of 101 bhp and 142 Nm torque.

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Conclusion

Toyota will be expecting a bump in numbers for the remainder of the year as its latest release, the Toyota Urban Cruiser HyRyder seems to be a hit in the midsize SUV segment. The HyRyder was launched in September at a starting price of Rs 15.11, going all the way up to Rs 18.99 lakh for the top-spec variant. Its Maruti counterpart, the Grand Vitara also got a release later in September, at a starting price of Rs 10.45 lakh.