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Home Cars

Toyota India retails 10911 units in September 2019 – Dips by 17% YoY

Toyota India sold a total of 10203 units in the domestic market this month of September 2019. The company exported 708 units of the Etios series this month thus clocking a total of 10911 units.

Chethan Thimmappa by Chethan Thimmappa
October 1, 2019
in Cars, Toyota
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Toyota Kirloskar Motor sold a total of 10203 units in the domestic market this month of September 2019. The company exported 708 units of the Etios series this month thus clocking a total of 10911 units. Toyota Kirloskar Motor sold a total of 12512 units in the domestic market in the same period last year. The company exported 566 units of the Etios series in September 2018.

September20192018GrowthMonth-on-month Growth
Domestic1020312512-18%
Exports708566 
Total1091113078-17%

Commenting on the sales performance, Mr. N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said,

 “The consumer sentiment continued to be subdued in September which has reflected in the sales slowdown in the industry. Thanks to the Navratri and Diwali festive sparkle around, we expect the consumer demand will see the much needed revival resulting in better retails.

To further add to the festive fervor, we have launched the enhanced version of the Yaris-‘The Happenin’ New Yaris’ and Celebratory Edition of Fortuner TRD. Customers are appreciating the new products with more style and distinctive looks. We would like to thank our customers for their trust in Toyota products.

The industry friendly measures announced by the honorable Finance Minister in September:

  • Corporate rate tax cut from 30% to 22%
  • The MAT rate reduction from 18.5 per cent to 15 per cent – in order to stabilise the flow of funds into capital markets
  • Liquidity improvement

These have been a welcome structural change, which should give positive boost to the industry and also uplift the consumer sentiments.

With the Navratra beginning from 29th – 30th September, the customer orders have been slightly encouraging. We hope the pace continues and the sluggishness in sales withers away in the festive season. The industry expects improvement in customer demand in the month of October.”

You can add more to this story by commenting below.

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  1.   Toyota Kirloskar Motor sells 11544 units in the month of August 2019
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Chethan Thimmappa

Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries.

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