Toyota Kirloskar Sales Fall 20% At 8,116 Units In September 2020

Toyota Kirloskar Motor reports a decline of 20.45 per cent in total sales at 8116 units. The company had sold 10,203 units in the same month last year. However, the sales of the automaker saw a steep hike of 46 per cent when compared to the wholesales in August 2020 (the company had clocked 5555 units in the month of August 2020).

Commenting on the month’s performance, Naveen Soni, Sr. Vice President, Sales & Service- TKM said, “We are seeing demand pick up and a lot more confidence in our dealers, thereby witnessing a 14 to 18% growth in orders when compared to last few months. September has been our best month so far, ever since the pandemic hit us in March 2020. Factors leading to this can be attributed to the pent up demand amongst customers as well as the onset of the festive season.

In terms of production, our manufacturing side has gone back to two shift production a day, thereby supporting us to keep up with the demand. Another factor leading to such demand could be attributed to the new launches in the market. TKM also announced the launch of Urban Cruiser in September and we have got a very good response from our customers and the market, ever since we opened the bookings for Urban Cruiser. We are grateful towards our loyal customers who have pre-booked the Urban Cruiser as this reiterates their trust and faith on brand Toyota”, he concluded.