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Home Cars

Toyota Kirloskar Motor records 10% growth in December 2018

Along with recording 10% sales growth in December 2018, Toyota India records highest ever IMV Sales (Innova + Fortuner) in 2018

Chethan Thimmappa by Chethan Thimmappa
January 2, 2019
in Cars, Toyota
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Toyota Kirloskar Motor has posted a growth of 10% in December 2018 as compared to domestic sales in December 2017. Toyota Kirloskar Motor sold a total of 11830 units in the domestic market in December 2018. The company exported 653 units of the Etios series this month thus clocking a total of 12,483 units. In the month of December 2017, Toyota Kirloskar Motor sold a total of 10793 units in the domestic market. In addition, the company exported 812 units of the Etios series. The company has also achieved the milestone of highest ever IMV Sales (Innova + Fortuner) in 2018 in India.

Innova Crysta since its launch in 2016 has been winning hearts in the Indian market. It has witnessed a record growth in sales throughout the year despite the challenges faced by auto industry. The legendary Innova and Fortuner have sustained their strong leadership in the segment since its launch.

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

We are happy to close the year end with a series of positive milestones despite the dampening effect on consumer sentiment owing to hike in fuel prices, higher interest rates, increase in insurance premium.

“Thanks to our valued customers, we have been able to record the highest ever IMV Sales (Innova + Fortuner) this year. We are grateful to our customers for their continued trust on Toyota products. It is a delight for us that we have met the aspirations of Indian customers with our products that are backed by the strong core of Quality, Durability, Reliability with extreme importance to safety.”

“The buying sentiment had seen a slowdown in the last few months owing to adverse effects of macroeconomic factors, yet the industry hit back with a steady growth in sales. Toyota Kirloskar Motor domestic sales in the period Jan –Dec 2018 has grown by around 9% compared to same period in 2017. We have tried and maintained lean inventory at our dealerships.”

Toyota India December 2018 Sales Report

Check out the full December 2018 sales report of Toyota India:

 

“Our versatile sedan-Toyota Yaris launched this year has been an important contributor to the positive annual sales growth. Additionally, other products like Etios Liva have also sustained the positive sales momentum. We wish everyone a very Happy New Year!”

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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 [email protected] for any enquiries.

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