Toyota Kirloskar Motor sells 12,403 units in October, up 6%
Customer demand for the Innova MPV and Fortuner SUV continues to be strong and the Bidadi plant is running at full capacity to reduce the waiting period.
Toyota Kirloskar Motor has announced sales of 12,403 units in the domestic market in October 2017, a 6 percent year-on-year growth (October 2016: 11,651). The company also exported 1,597 units of the Etios series, thus clocking a total of 14,000 units registering 6 percent growth as compared to same period last year.
According to the company, despite the price rise in line with the GST cess hike, customer demand for the Innova MPV and Fortuner SUV continues to be strong and the Bidadi plant capacity is being utilised to the maximum. The recently launched limited edition Etios Cross X-Edition and Fortuner TRD Sportivo have also seen a good market response.
Commenting on the monthly sales, N Raja, director and senior vice-president, Sales & Marketing, TKM, “We are happy that the festive season has given a positive push to domestic sales in the auto industry. There is a spur in the customer demand. The Innova Crysta and Fortuner continue to enjoy good growth in demand and we are utilising one of our plants to the maximum capacity to ensure the waiting period is reduced.”
TKM has also reported a slight improvement in customer demand for the Camry Hybrid.
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