Toyota Kirloskar Motor records degrowth; Sells 8116 units in September 2020

Date: 01 Oct 2020

Toyota Kirloskar Motor announced that the company sold a total of 8116 units in the month of September 2020. The company had sold a total of 10,203 units in the domestic market in September 2019 and had exported 708 units of the Etios as well.

However, it clocked a growth of 46% when compared to the wholesales in August 2020 (the company had clocked 5555 units in the month of August 2020).

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…”, he concluded.

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