Toyota posts 3% sales growth in July 2016

Toyota posts 3% sales growth in July 2016

In the month of July 2016, Toyota Kirloskar Motor sold a total of 12,404 units in the domestic market thereby registering 3% growth over its domestic sales in the corresponding period last year. The company exported 1,344 units of the Etios series this month.

Toyota Kirloskar Motor had sold 12,070 units in the domestic market and exported 1,629 units of the Etios series in July 2015.

The recently launched Innova Crysta continues to grow with a waiting period of up to 2 months at different locations across the country. The Toyota Camry has also registered growth when compared to the corresponding period last year and more than 90% of its sale can be attributed to the Camry Hybrid.

Commenting on the monthly sales, Mr. N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said,

We had to shut down production at our Bidadi plant on 30th July on account of Karnataka Bandh in the absence of which our growth would have been more in terms of sales.

Also, although the new Innova Crysta has been doing well, the ban on registration of diesel vehicles has stalled the extent of our growth. We respect the honorable Supreme Court’s judgment regarding cleaning the bad air quality around us. We would fully support the authorities for creating a better environment for our future generations. We are confident that honorable court will consider our submissions during the next hearing and hope the matter is amicably resolved at the earliest.

The Innova Crysta continues to grow and we would like to thank our customers for placing their faith in the brand and the product. Launched in May 2016, the Innova Crysta still has a waiting period of up to 2 months and we request our customers to be a bit more patient with us so that we can bring the best products to them

further added Mr. N. Raja.

Feel free to share your opinion by commenting below: