Toyota Kirloskar Motor (TKM) sold a total of 8,508 units in November 2020, registering a growth of nearly 2.4% compared to 8,312 units sold in the domestic market in November 2019. After the Etios production stopped in the country earlier this year, TKM no longer exports any product outside the country.
In terms of festive season demand & sales, TKM has fared well registering a 10-13% increase in customer orders and a 12% increase in retail sales (sales from dealer to customer) when compared to the festive period in 2019. However, owing to the illegal strike called upon by the members of TKM union, TKM was forced to declare a lockout at the factory which has impacted our production and wholesale numbers (sales from TKM to dealer). Having said that, we have been able to fulfill the market demand with the stock available with us, both at the factory as well as at the dealer’s end, and we are trying our best to ensure that ‘Customer Orders’ are prioritized by channelizing the available resources. – Naveen Soni, Senior Vice President, Sales & Service, TKM
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