Toyota Kirloskar Motor today recorded its best ever July sales in July 2017, it sold a total of 17,750 units in the domestic market thereby registering over 43% growth as compared to its domestic sales in the corresponding period last year. This is the company’s third highest ever domestic sales achievement in a month. The company also exported 1,723 units of the Etios series this month.
Toyota Kirloskar Motor had sold 12,404 units in the domestic market and exported 1,344 units of the Etios series in July 2016.
The company in line with its ‘Customer First’ philosophy passed on the benefits of GST to customers on an immediate effect post GST roll out from the beginning of July. GST has been fruitful for the industry by boosting customer demand across segments owing to the price reduction.
The segment leaders Innova and Fortuner have seen a stupendous growth in the month of July 2017 with the highest ever units sold since its launch. This is testament of its strong position in the market all throughout its journey on the Indian roads. Both Innova Crysta and All New Fortuner have been receiving great response post its launch in May 2016 and November 2016 respectively.
Commenting on the monthly sales, Mr. N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said, “ We are thankful to the Government for the biggest indirect tax reform of the nation, which has helped us maintain the double digit growth this month. Last month, putting the dealers need ahead we had consciously taken the decision to lower the volumes of vehicles sold to the dealers. We wanted to ensure that there is minimum burden on our dealer partners of any differential tax post GST. However, we are delighted that with dedicated efforts from all our stakeholders we have been able to achieve the milestone of best ever July sales.
The Innova Crysta has seen impressive growth this month, with over 9,300 units sold. We are delighted that this month our MPV leader has achieved the milestone of highest ever sales globally. All New Fortuner has also been a major contributor to the overall growth with over 3,400 vehicles sold, which is the highest ever in India since the launch of Fortuner. We would like to thank our loyal customers who have time and again reinforced their trust on Toyota products backed by Quality, Durability and Reliability. We hope that we will continue to win our customers hearts with our safest, value for money products and world class after sales services at our dealerships