First Published Jul 10, 2022, 2:41 PM IST
The Indian automobile market is slowly recovering from the effects of the coronavirus pandemic. Various auto manufacturers and spare parts manufacturers have started making profits from used car sales. In this line, the new joint venture between Toyota Motor Corporation and Kirloskar Group – Toyota Kirloskar Motor Alliance.
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Toyota Used Car Outlet (TUCO) has opened in Bengaluru after Toyota recently announced its foray into the used car segment. With this announcement, Toyota is committed to creating a transparent and reliable used car market for Toyota customers across the country.
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Toyota Kirloskar Motor has announced that it will buy and sell used Toyota vehicles under this company. Initially, the work of this company has started in Bengaluru city. Toyota Kirloskar Motor has decided to expand the company’s business across the country in future.
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“The Indian used car market is growing steadily every year. TUCO is an extension of our mission to create a trusted, honest and transparent used car marketplace for our customers.”
“Our mission is to sell our customers great, reliable and transparent, value-for-money used cars. When we offer cars at reasonable prices to customers, sales will be steady,” said Vikram Kirloskar, Vice President, Toyota Kirloskar Motors.
Toyota has announced that it will not only sell new TUCO used cars, but will also be a one-stop shop for financing, insurance and accessories for them. With this platform, customers can sell their vehicles with more confidence, reliability and transparency.
Toyota also said that TUCO will be the best platform for car buyers to buy premium Toyota vehicles at great prices and transparently. After a thorough inspection of the car documents, a 203-point inspection will be carried out on the cars by TUCO. With this all the cars will be at par with Toyota standards.
Last Updated Jul 10, 2022, 2:41 PM IST