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Business EconomyPosted at: Oct 1 2020 11:25AM


Toyota Kirloskar Motor registers 45 per cent growth as compared to Aug 2020 by selling 8116 units in September

Bengaluru, Oct 1 (UNI) Auto major Toyota Kirloskar Motor (TKM) has sold 8116 units in the month of September 2020 and has registered a growth of 46 per cent as compared to the wholesales in August 2020 (the company had clocked 5555 units in the month of August 2020).
Commenting on the month’s performance, Mr Naveen Soni, Sr Vice President, Sales & Service- TKM said in a release here on Thursday, “We are seeing demand pick up and a lot more confidence in our dealers, thereby witnessing a 14 to 18 per cent growth in orders when compared to last few months. September has been our best month so far, ever since the pandemic hit us in March 2020. Factors leading to this can be attributed to the pent up demand amongst customers as well as the onset of the festive season."
"In terms of production, the manufacturing side has gone back to two-shift production a day, thereby supporting us to keep up with the demand. Another factor leading to such demand could be attributed to the new launches in the market. TKM also announced the launch of Urban Cruiser in September and we have got a very good response from our customers and the market, ever since we opened the bookings for Urban Cruiser," he added.
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