Tuesday, January 26, 2021

Toyota Kirloskar Motor sells 5386 units in the month of July 2020

Must read

ShortsTV enhances regional catalogue, announces a new segment ‘Desi Tadka’

In a country with over 1600 dialects and 22 government recognized languages, it is only natural that Indians look to regional content,...

Star Sports unveils #IndiaTaiyarHai campaign featuring Boman Irani ahead of England’s tour of India

Mumbai, January 2021. After almost a year, cricket finally returns to Indian soil as Team India faces world champions...

How to watch The Family Man, Mirzapur and other popular titles for free on Amazon Prime Video

Love Prime Video’s content? Want to renew your subscription - but it is the end of the month, and the wallet is...

Rana Daggubati on the latest discovery+ original ‘Mission Frontline’

Bengaluru, January 19, 2021. Last December, discovery+ announced it was foraying into the world of exclusive Indian originals. Now,...

Bangalore,August 1st 2020.

Toyota Kirloskar Motor today announced that the company sold a total of 5386 units in the month of July 2020, thereby registering a 40% growth in wholesales when compared to June 2020. The company had clocked a total of 3866 units in the first month post unlock in June. For reference, the company had sold a total of 10,423 units in the domestic market in July 2019 and had exported 868 units of the Etios as well.

Commenting on the month’s performance, Mr. Naveen Soni, Sr. Vice President, Sales & Service- TKM said, “Despite various challenges, the month of July witnessed better sales in terms of both retail and wholesales when compared to June. The first month post unlock (June) witnessed demand rekindling and retails being very good due to several factors including  pending customer orders as well as pent up demand accumulated as a result of the extended lockdown. However in July, as a result of sporadic lockdowns & extensions being imposed in several parts of the country, lead us to a situation wherein our business was closed upto 20% of the market, in and around mid-July. It was due to the rest of the 80% of our business that has helped us close the month with a higher than June retails. Similarly, the lockdown called upon Bangalore also caused us to temporarily shutdown our plant for 4 days last month as a result of which we produced less than the numbers we had planned. At TKM, we fully understand and appreciate the balancing act by the Government in addressing health threats and we will continue to adhere to the guidelines issued by the authorities. However, timely and clear instructions will help industrial units, better plan their production cycles and logistics including workforce and raw material movement”.

The company also announced its foray into the very dynamic compact SUV segment this festive season along with its upcoming compact SUV. As customers have more to look forward to, from the brand, TKM has further ramped up production at its factory in Bidadi, Karnataka.

“We intend to catch up on both retails and wholesales beginning the festive month of August. Moreover, we are very excited to announce our foray into the very dynamic compact SUV segment this festive season. We are aware of the expectations our customers have from the brand and fulfilling their expectations and catering to their mobility needs has always been our most important objective”, he concluded.

More articles

Latest article

Toyota Breaks Ground for Building New Community Health Centre in Bidadi

Bangalore, January 25, 2021. In line with its commitment to support the growing healthcare needs of the local communities,...


Pune, 25 January 2021. As part of the INDIA 2.0 project headed by SKODA AUTO, the all-new SKODA KUSHAQ is the...

Sheaffer’s newest collection at William Penn

William Penn is pleased to announce the launch of the iconic American brand Sheaffer’s new pens collections called Legacy, Prelude and Reminder.

Tata Tele Business Services launches ‘Smartflo’

Bangalore: January 2021. Tata Tele Business Services (TTBS) has introduced Smartflo, a future-ready cloud communication suite that has been innovatively designed to support...

MINI India delivers 512 cars in 2020 with a remarkable growth of 34% in Q4.

Gurugram, January 25, 2021.  MINI India has delivered a strong performance of 512 cars in calendar year 2020 (January...
Live Updates COVID-19 CASES