• Clocks 114% growth in wholesales when compared to the sales in March 2020
• Registers 73% growth in the last quarter of FY 20-21 when compared to the corresponding period in FY 19-20
Toyota Kirloskar Motor (TKM) announced that the company sold a total of 15,001 units in the month of March 2021, thereby clocking a year on year growth of 114% in domestic sales, when compared to the corresponding period last year. In March 2020 just before the nation-wide lockdown was announced, the company had registered sales of 7,023 units across the country. For reference, TKM had sold 14,075 units in the month of February 2021.
Commenting on the month’s performance, Mr. Naveen Soni, Sr. Vice President at TKM, said: “We have been able to sustain the growth momentum as we closed the last quarter registering a 73% growth in domestic sales, when compared to the sales in the corresponding period last year (Jan-Mar 2020). In fact, last month witnessed the highest ever domestic sales in the month of March since 2013, helping us clock 114% growth over wholesales compared to March 2020. Our sales performance in the last quarter proved to be better than the sales in the festive season of the third quarter (Oct-Dec 2021), clocking a growth of 42%.
The demand for personal mobility still continues to grow as we witness a surge in both enquiries and customer orders thereby registering a 7% growth in domestic sales in March 2021 when compared to the sales in February 2021. This reiterates the popularity of the brand amidst our customers which has been further enhanced by the two new recent launches of the new Innova Crysta and the New Fortuner, as well as the Legender. Here, we only have our customers to thank for their trust & faith in the brand”, he concluded.