Toyota Kirloskar Motor sells 14,000 units in October 2017
Hyderabad, November 1, 2017 – Toyota Kirloskar Motor sold a total of 12,403 units in the domestic market. The company exported 1597 units of the Etios series this month thus clocking a total of 14,000 units registering 6% growth as compared to same period last year. In the month of October 2016, Toyota Kirloskar Motor sold a total of 11,651 units in the domestic market. In addition, the company exported 974 units of the Etios series.
The festiveseason has ushered in positive spirit in the market despite price rise in linewith cess hike. Customer demand for Innova and Fortuner continues to bestrong and TKM is fully utilizing one of its plant’s capacity to the maximum tobring down the waiting period. The newly launched limited editions “EtiosCross X-Edition” and “Fortuner TRD Sportivo” havereceived good response from customers. Etios Cross X-Edition loaded withan array of new features and sporting a more sporty and stylish look waslaunched for the festive season. It has also contributed to the overallpositive growth.
Commentingon the monthly sales, Mr. N. Raja, Director & Sr. Vice President,Sales & Marketing, Toyota Kirloskar Motor said, “We are happy thatthe festive season has given a positive push to the domestic sales in the autoindustry. There is a spur in the customer demand. Innova Crysta andFortuner continues to enjoy good growth in demand in the market. We areutilizing one of our plant to the maximum capacity to ensure the waiting periodis reduced and thank our customers for their patience and trust.
With nochange in price post cess hike, we have seen slight improvement incustomer demand for Camry Hybrid. Toyota has been a leader in Hybridtechnology worldwide, Camry Hybrid which is the flagship model will continue tobe a significant part of Toyota product lineup. We believe customers willunderstand and appreciate the benefits of clean & green-friendly HV (HybridVehicle) technology.
Toyotaglobally believes that the electrification of vehicles is required toreduce CO2 emissions. Toyota is already the top automaker worldwide in terms ofsales of electrified vehicles, of which most are HVs. We will continue to makeefforts to encourage the popularization of electrified vehicles and to remainthe leader in electrified vehicles. Toyota has a share of over 40% in theGlobal electrified vehicle market, meaning that almost 1 out of every 2electrified vehicles sold is a Toyota vehicle.
Our recentlyintroduced limited editions Etios Cross X-Edition and Fortuner TRD Sportivowith impressive new features, more sporty and stylish appeal has been very wellaccepted in Indian market. Etios Cross X-Edition has helped in the positivegrowth of Etios Cross and also helped in contributing to the overall domesticsales. We are delighted that Toyota Etios has been recognized as the MostDependable Car in the Entry Mid-Size Segment by the J.D. Power 2017 Indiavehicle dependability study, for the third consecutive year.
Weacknowledge the continued admiration that our customers have shown for ourproducts time and again.