Toyota's Domestic Sales Grow By A Marginal 2% In October 2018

Toyota Kirloskar Motor sold a total of 12606 units in the domestic market this month of October 2018. The company exported 639 units of the Etios series this month thus clocking a total sales of 13245 units. While domestic sales witnessed a growth of 2 per cent compared to the same period last year, exports showed a massive drop of more than 60 per cent . The company has witnessed a growth of 15 per cent in domestic sales from April to Oct 2018 as compared to the same period last year. This growth has been primarily driven by the positive sales growth of Innova Crysta, Fortuner, Etios Liva and even the Yaris.

The Innova continues to drives sales for Toyota with a growth of 11% from April to October 2018

N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, "We are happy that we have been able to sustain good customer demand despite the dampening effect on consumer sentiment owing to hike in fuel prices, higher interest rates and increase in insurance premium. We expect the buying sentiment to improve in the upcoming months and thus ensuring a positive sales momentum in the auto industry."

The Innova Crysta witnessed a growth of 11 per cent in sales from April to Oct 2018 as compared to the same period in 2017. The Etios Liva also registered a growth of 17 per cent in terms of sales from April to October 2018.