FortunerThere has been a big jump in sales of Toyota Kirloskar motor, which makes Lokpriya vehicles like Innova. In April, the company’s wholesale sales increased by 33 percent to 27,324 units on an annual basis. The wholesale sales of the motor vehicle manufacturer were 20,494 units in April 2024. Toyota Kirloskar Motor (TKM) said in a statement that domestic sales were 24,833 units last month while 2491 units were exported. Varinder Wadhwa, vice president of sales-service used car business, said, “Our multi-path approach provides different technology options. This has made us capable of becoming positive about the changing needs of customers and has ensured strong demand in our entire series.
Hyundai Motor India sales declined
On the other hand, South Korean automobile company Hyundai’s Indian Unit Hyundai Motor India declined by 5 percent to 60,774 units on an annual basis in April. The company sold 63,701 vehicles in April last year. Hyundai Motor India said that its domestic sales were 44,374 units and exports 16,400 units last month. The company sold 50,201 units in the domestic market in April 2024 and 13,500 units in foreign sectors. After Toyota Kirloskar and Hyundai, now the rest of the companies will also gradually release the April sales figures. Among them are Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Honda, Kia.
Hyundai crosses the sale of 90 lakh vehicles in India
According to Hyundai India, the company has crossed the 90 lakh figure of its total sales in India since 1996. Tarun Garg, Chief Operating Officer (COO) of Hyundai Motor India, said in a statement, “The domestic market is facing challenges due to various comprehensive economic factors but we will continue to promote ‘Make in India, Made for the World’ which reflects the company’s strong emphasis on exports.” Let us tell you that Hyundai Motor India’s portfolio includes prominent vehicles.
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