NE BUSINESS BUREAU
BENGALURU, JULY 31
Toyota Kirloskar Motor (TKM) on Saturday reported over two-fold increase in domestic sales at 13,105 units in July, , thereby registering a growth of 143% when compared to the domestic sales in the month of July 2020.
The automaker, which sells models like Innova Crysta and Fortuner, had dispatched 5,386 units to its dealerships in July 2020.
TKM wholesales in July were 49 percent up as compared with June this year when it had dispatched total 8,801 units.
| Domestic wholesales growth in June & July 2021 | July | 2021 | 2020 | Month on month Growth |
| Domestic wholesales | 13105 | 5386 | 143% | |
| June | 2021 | 2020 | Month on month growth | |
| Domestic wholesales | 8801 | 3866 | 128% |
Commenting on the monthly sales, V Wiseline Sigamani, Associate General Manager (AGM), Sales and Strategic Marketing, Toyota Kirloskar Motor said, “July has been a good month for us as we have witnessed a significant surge in both demand as well as wholesales numbers, second month in a row. Our pending orders were already very encouraging since June and in July, our retail sales have also been promising thereby drastically bringing down the gap between wholesales and retail figures. The Innova Crysta and the Fortuner deserve a special mention here as both these models have significantly contributed to our total sales, thereby reiterating their segment leadership positioning in their respective segments. Even the Glanza and Urban Cruiser are doing consistently well month on month, especially owing to the need for personal mobility in the post COVID era.
We understand that such a surge in demand cannot be attributed to pent up demand alone, but also to the fact that there is a clear sign of positive momentum in the market. Having said that, some parts of the country are still under restrictions and once these restrictions are curbed, we hope that it will further aid demand as well as sales. The company’s aim right now is to cater to pending orders of our customers as well as focus on vaccination of both our employees, their families as well as dealer & supplier staff, so as to be able to minimise the risk of infections in the future. Companywide, 97% of our employees have received their first dose of vaccination and we are in the process to complete vaccination for all our employees, including the ones ‘working from home”, concluded Sigamani.
