Toyota Kirloskar Motor sales rise 10% in Nov

Updated - January 16, 2018 at 12:06 AM.

tkm

Toyota Kirloskar Motor today reported a 10.03 per cent increase in domestic sales at 11,309 units in November.

The company had sold 10,278 units in the domestic market in November last year, Toyota Kirloskar Motor (TKM) said in a statement.

“November has been an exciting month for us as we launched one of the most anticipated products of the year —— the all new Fortuner. We are overwhelmed by the response it has received with over 6,200 bookings already,” TKM Director and Senior VP, Sales and Marketing, N Raja said.

The Innova Crysta and the Platinum Etios have also done well this month with the Crysta clocking more than 50,000 units in just six months of its launch in India, he added.

“However, demonetisation has had its impact on our sales as it has effected customer walk-ins at dealerships, order bookings and timely deliveries. This will pose a major challenge in the upcoming days as customers are still dealing with the effects of demonetisation,” Raja said.

To help customers during this phase, the company has introduced various cashless schemes such as 100 per cent on-road funding and payments through e-wallets to ensure smooth and hassle-free buying experiences, he said.

The company also exported 1,284 units of the Etios series in November, compared to 1,110 units in the same month last year.

Published on December 1, 2016 08:14