Toyota Kirloskar Motor Reports 26,847 Wholesales for September 2024

Toyota Taisor

Toyota Kirloskar Motor (TKM), one of the leading passenger vehicles manufacturer in the country, has announced a 14 percent growth in its wholesales for September 2024.

The company reported sales of 26,847 units, as compared to 23,590 units, which includes sales of 23,802 units in domestic market and exports totalling 3,045 units.

In H1 FY2024-2025, Toyota Kirloskar Motor achieved a notable increase in vehicle deliveries, reaching a total of 1,62,623 units. This marks the company’s strongest performance ever in India. For reference, the company had sold 1,23,939 units in the corresponding period of the previous financial year.

Sabari Manohar, Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “As the festive fervour picks-up footfalls and enquiries are charged up which makes us positive of a very good festive season. Notably, our SUV, MPV, and small car segments have experienced significant growth nationwide, contributing over 90 percent to our sales in in the month of September.”

“Key to meeting this rising demand has been our strategic operational improvements, such as the introduction of a third shift. This has significantly optimised our supply chain, particularly for high-demand models where waiting periods have been reduced.

We have also consistently implemented customer-centric programs and value-added services aimed at further building on market synergies. In keeping with the festive spirit, we’ve introduced the 555 Plus program that offers exciting new schemes and customer benefits such as extended warranties, free service, Roadside Assistance and attractive exchange offers across key models, giving our customers every reason to celebrate with Toyota this season. We recently, we introduced initiatives like TCare, which consolidates multiple value chain offerings under a single brand, providing top-tier convenience and a hassle-free experience. Furthermore, with our 1,045 touchpoints and diverse product portfolio, we effectively meet our customers' needs, whether they're seeking lifestyle-driven options or solutions for family mobility,” he concluded.

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    Suzuki E Vitara Unveiled, Made In India EV To Be Globally Sold In 2025

    Suzuki E Vitara

    Japanese auto major Suzuki Motor Corporation has unveiled its first mass-production battery electric vehicle (BEV) model, the e Vitara, in Milan, Italy.

    Interestingly, the e Vitara will be produced at Suzuki Motor Gujarat plant in India. The EV will be sold globally including Europe, India and Japan starting next year. For the unversed, the e Vitara was first showcased as a concept model christened ‘eVX’ at Auto Expo in January 2023 and Japan Mobility Show in October 2023.

    The e Vitara comes with an eAxle that integrated the motor and inverter. The OEM has gone with lithium iron-phosphate battery chemistry.

    The EV features an electric 4WD system, which the company calls ‘Allgrip-e’ that allows for off-road capability. The e Vitara is based on the company’s newly developed platform ‘Heartect-e’.

    The e Vitara also comes with a Trail mode that the OEM claims enables smooth escape from rough terrain by applying brakes to spinning tyres and distributing drive torque to the opposite tyre (LSD function).

    Toshihiro Suzuki, Representative Director and President, Suzuki Motor Corporation, said, “The e Vitara is our first BEV, developed through repeated trial and error to create an easy-to-use BEV for our customers. In order to realise a carbon-neutral society, we will provide a variety of options, including BEVs, hybrid vehicles, and CNG vehicles, tailored to specific regions. Introduction of the e Vitara represents a significant milestone in achieving carbon neutrality. Following the launch of the e Vitara, we will continue to expand our BEV line-up and propose mobility solutions tailored to the needs of specific countries and regions.”

    Once launched, the e Vitara will compete against the Tata Curvv, MG ZS EV and Mahindra’s upcoming BE 05 and Hyundai Creta EV.

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      Hyundai Motor India Launches Updated Verna Sedan At INR 1.1 Million

      Hyundai Verna

      Hyundai Motor India (HMIL), one of the leading passenger vehicles manufacturer, has launched the updated Verna sedan at prices starting INR 1.1 million (ex-showroom).

      The Verna now gets a new sporty rear spoiler and a new amazon grey monotone colour.

      The 5-star Global NCAP safety-rated Hyundai Verna comes with 33 safety features including 6 airbags, 3-point seatbelts, ESC, VSM & HAC and Isofix across all trims as standard. 

      In addition, it also gets Hyundai Smart Sense – Level 2 ADAS technology, which uses automated sensing technology with radars (Front & Rear), sensors and camera (Front) to detect obstacles on the road and initiating corrective action and warnings.

      On the inside, the Hyundai Verna cabin gets integrated infotainment & digital cluster front ventilated & heated seats, 64 colour ambient lighting and Bose sound system.

      The Hyundai Verna can be had in eight colour options including the new amazon grey and two dual-tone color options.

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        Spinny Reports 40% Growth In Car Deliveries During Festive Season

        Spinny

        Spinny, one of India’s leading used car platform, reported a 40 percent growth in vehicle deliveries in October.

        The platform states that key cities like Bengaluru, National Capital Region (NCR), Hyderabad, and Pune experienced significant demand surges, with customer preferences shifting towards automatic cars, SUVs, and financing options, reflecting the festive buying sentiment.

        During the festivities, Spinny states it saw significant growth, delivering over 500 cars a day during Navratri, Dhanteras, Diwali weekend, and Festival of Spinny special price days.

        In addition, the demand for vehicles with automatic transmission saw a 57 percent growth, mirroring the trend of convenience-first choices. Platform’s exchange program also saw a 39 percent increase as more buyers traded in old vehicles for newer models. In terms of demand, petrol variants remained the top choice, with a 50 percent rise in demand, while SUVs and sedans saw impressive growth of 49 percent and 46 percent, respectively. Additionally, women buyers now constitute over 20 percent of the total customer base in October, marking a substantial increase over the previous year.

        Niraj Singh, CEO and Founder, Spinny, said, “As Dhantersas and Diwali marks a time of renewal, I am delighted to see more customers beginning their festive journeys with the Spinny platform and showing tremendous trust in our brand. The surge in demand reflects the joy of new purchases with a focus on more informed and convenient buying experiences, aligning perfectly with our promise of trust and transparency.”

         

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          Maruti Suzuki India Reports Highest Monthly Wholesales At 206,434 Units In October 2024

          Maruti Suzuki India

          Maruti Suzuki India, one of the country’s largest passenger vehicle manufacturers, has reported its best-ever monthly wholesales in October 2024 with 206,434 units, up 4 percent YoY, as compared to 199,217 units for the same period last year.

          The company reported domestic wholesales of 159,591 passenger vehicles, down 5 percent YoY, as compared to 168,047 units last year. The LCV sales were down 9 percent at 3,539 units.

          On the other hand, the company’s sales to other OEMs (Toyota Motor Corporation) almost doubled at 10,136 units, as compared to 5,325 units, clocking a 90 percent YoY growth.

          The exports too saw a smart uptick of 51 percent at 33,168 units, as compared to 21,951 units last year.

           

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