Business Standard

Toyota Kirloskar Motor sales rise 10 pc in November

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Press Trust of India New Delhi
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 a very 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 really 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 as a major challenge in the upcoming days as the customers are still dealing with the effects of demonetisation," Raja said.

To help customers during this phase, the company has introduced various cashless schemes like 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.

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First Published: Dec 01 2016 | 1:28 PM IST

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