Toyota Kirloskar Motor Posts Robust Growth of 19% in Domestic Sales in Jan 2018

Toyota Kirloskar Motor has recorded robust sales growth in January 2018 as compared to the same period in 2017. The company sold a total of 12,351 units in the domestic market this month. The company exported 888 units of the Etios series this month thus clocking a total of 13,239 units.  In the month of January 2017, TKM sold a total of 10,336 units in the domestic market and exported 916 units of the Etios series in January 2017.

Commenting on the sales performance, N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, “It is a delight to usher in the new year with a double digit growth. We are happy to have sustained the positive growth momentum post GST.  The customer demand has consistently been strong and we have catered to the growing customer demand. 

The success story of Innova Crysta and Fortuner sales growth continues to the new year. Customers continue to highly appreciate both the products and we are pushing our production capacity to fulfill the strong demand in the market. Corolla retains its position as the segment leader with overwhelming performance in the month of January.

We are looking forward to the upcoming Auto Expo 2018 to showcase our premium new launch, facelifts & concepts with a show-stopping reveal and many more distinctive displays under the thematic banner of “Driven by a Better Future.

We hope the Union Budget 2018 brings in more growth oriented measures to promote growth of Auto Industry. Government should aim at more long term policy so as to lower the effect of budget tinkering and bring long term stability.  Considering the critical issue of environment pollution, we hope the Government relax tax rate in favor of clean and green technologies such as strong hybrids similar to pre GST era.