The new fiscal year has begun on a robust note for Toyota Kirloskar Motor. The Bangalore-based carmaker today announced that it sold a total of 15,001 units in the month of March 2021, thereby clocking a year-on-year growth of 114% in domestic sales, when compared to the corresponding period last year.
In March 2020, just before the nation-wide lockdown was announced, the company had registered sales of 7,023 units across the country. In February 2021, TKM had sold 14,075 units.
Commenting on the month’s performance, Naveen Soni, Senior Vice-President, Toyota Kirloskar Motor, said, “We have been able to sustain the growth momentum as we closed the last quarter registering a 73% growth in domestic sales, when compared to the sales in the corresponding period last year (January-March2020). In fact, last month witnessed the highest ever domestic sales in the month of March since 2013, helping us clock 114% growth over wholesales compared to March 2020. Our sales performance in the last quarter proved to be better than the sales in the festive season of the third quarter (October-December 2021), clocking a growth of 42%.
The demand for personal mobility still continues to grow as we witness a surge in both enquiries and customer orders thereby registering a 7% growth in domestic sales in March 2021 when compared to the sales in February 2021. This reiterates the popularity of the brand amidst our customers which has been further enhanced by the two new recent launches of the new Innova Crysta and the New Fortuner, as well as the Legender. Here, we only have our customers to thank for their trust & faith in the brand,” he concluded.