Toyota Kirloskar reports 1% increase in October wholesales

Toyota Kirloskar Motor (TKM) on Sunday reported a 1 per cent increase in domestic wholesales at 12,440 units in October as compared to the year-ago period.

The company had dispatched 12,373 units in the domestic market same month last year, TKM said in a statement.

“Demand in the market has been robust in the last few months and this can be attributed to various factors besides pent up demand. Customer orders too have been on a constant rise, restoring normalcy in demand trends when compared to pre-Covid times,” TKM Associate General Manager(AGM) (Sales and Strategic Marketing) V Wiseline Sigamani noted.

In the month of October, the automaker has been able to register a 34 per cent growth when compared to its sales in September 2021, he added.

“Our cumulative wholesales from January to October has also reported a growth of 78 per cent when compared to sales in the corresponding period last year,” Sigamani stated.

The company’s flagship models Innova Crysta and the Fortuner, continue to dominate their respective segments, he said.

The Toyota Vellfire too has been performing exceptionally well, reiterating customer’s confidence in the brand, he added.

“The Glanza and the Urban Cruiser are garnering good booking orders and we are working towards immediately catering to the pending orders in these segments,” Sigamani said.

For all the latest Automobile News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.