Toyota India Oct Sales Decline By 6%

Toyota Kirloskar Motor sold a total of 11866 units in the domestic market this month of October 2019. The company exported 744 units of the Etios series this month thus clocking a total of 12610 units.  Toyota Kirloskar Motor sold a total of 12606 units in the domestic market in the same period last year. The company exported 639 units of the Etios series in October 2018.

Commenting on the sales performance, N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, “We are delighted that the customer demand witnessed a spike in the festive season especially during Dhanteras and Diwali. The boost in customer sentiments has enabled an upward trend in our sales performance as compared to the last few months of slowdown.  It was quite encouraging to see the marked improvement in customer orders on account of festive season.  Higher retail conversions for Innova, Fortuner TRD Celebratory edition & Happenin New Yaris which were introduced to add to the festive fervor. 

TKM production is based on a “pull system” which ensures that our dealers receive stocks only when they need to refurbish the inventory. With the positive sales pattern, we are preparing our production system to supply to the sustained customer demand for next month

Additionally, we have also seen positive momentum in Glanza Sales across India during festive season, this was a positive impetus for us.  We are glad to have already sold close to 14000 units of Glanza since its launch in June.  Thanks to our loyal customers for their relentless trust and confidence in Toyota products. 

We hope this pace in retail sales continues beyond the festive season.” Raja said