Toyota domestic sales fall by 22 per cent
Toyota domestic sales fall by 22 per cent
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Toyota Kirloskar Motor witness a huge drop as  compared to March 2019 which showed a growth of 7 per cent. The company exported 1301 units of the Etios series this month thus clocking a total of 11,413 units. Toyota Kirloskar Motor sold a total of 13037 units in the domestic market this month of April 2018. Toyota exported 834 units of the Etios series this month thus clocking a total of 13871 units. 

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Company sold a total of 10,112 units in the domestic market. The domestic sales saw a drop of 22 per cent.

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 Commenting on the sales performance of the company,  Mr. N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, “The industry is currently experiencing a slowdown due to uncertainty of upcoming general elections that looms over the market and this slow pace is expected to continue until the new government is formed. Consumer sentiments has currently dampened due to several factors like tight liquidity, high insurance, high costs.We hope the sales growth momentum to pick up in the upcoming months post election results are out.”

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