The Indian joint venture between Toyota Motor Corporation and Kirloskar Group – Toyota Kirloskar Motor – reported last month that it sold a total of 16,500 units in June 2022, which showed growth of 87 percent over wholesale in June 2021. Compared to the same period last year, the company’s cumulative wholesale sales increased by 26% from January to June 2022. In fact, total wholesale sales for the half-year hit the highest level since 2019.
Atul Sood, Associate Vice President of Sales and Strategic Marketing at TKM, said of achieving this feat: “The past month has seen tremendous growth in wholesale thanks to the promising booking orders that most of our models are enjoying. The cool new Glanza has received a tremendous response from our customers and continues to see very promising bookings. Our two self-charging hybrid electric vehicles, the Camry Hybrid and the Vellfire, have also received tremendous appreciation, and a true testament to that is our semi-annual cumulative sales, which have been the best in the last four years.”
He added, “Segment leaders like the Crysta and Fortuner continue to experience peak demand and customer orders are increasing. The Legender, which has meanwhile created its own niche in the SUV segment, continues to record strong booking orders. Toyota is known around the world for its SUVs and we at TKM are very excited about our forthcoming foray into the popular B-SUV segment in India.”
In other Toyota news, the company recently announced that it is entering the used car market with its own Toyota Used Car Outlet (TUCO) in Bangalore. In its announcement, Toyota reiterated that it was committed to building a transparent and reliable used car market for Toyota consumers across India. TKM announced that this facility would only buy and sell used Toyota vehicles. The company has started its pilot operation in Bangalore for the time being, but intends to expand its operation across India in the near future.
Meanwhile, the Indo-Japanese automaker has been in the headlines with the launch of its latest SUV urban cruiser Hyryder. The SUV will compete with Hyundai Creta, Kia Seltos and Tata Harrier in this segment. It is Toyota’s first mid-size SUV in India. So far, Toyota hasn’t revealed pricing for the Hyryder SUV, but they’ve officially opened bookings for the all-new Hyryder. Customers can make a booking by visiting the nearest dealer or online and the booking amount is Rs 25,000.
The all-new Toyota Urban Cruiser Hyryder gets a very Toyota family design. The front looks very similar to the RAV4. The Hyryder gets big air dams with an aggressively styled front end. The front of the new Urban Cruiser Hyryder gets a new crystal acrylic pattern that extends to the twin DRLs. The main combination lamp is located at the bottom of the bumper. Even the rear gets sleek LED taillights that look very similar to the two DRLs.