Toyota Kirloskar Motor Sales Decline In February, More Details Inside

Toyota Kirloskar Motor (TKM) has registed a decline in its sales figure by 9.1 per cent at 11,356 units in February as against 12,497 units in the same month last year. In the domestic market, the company posted sales of 10,352 units last month from 11,760 units in February 2019, TKM said in a statement.

“We have smoothly transitioned to BS-VI manufacturing and started delivering BS-VI vehicles to our customers before the stipulated deadline of April 2020. A total of 31,853 BS-VI vehicles have been dispatched to our dealerships till date,” TKM Senior Vice President (Sales and Service) Naveen Soni said.

Toyota has offered introductory pricing so as to not pass on the full increase of BS-VI product price at one go, he added.

“We have chosen not to pass on the full impact of an increase in cost to the consumers at the launch. We had to take a difficult decision, that we will not transfer the price in one go, we will have a stage-wise implementation. Having said that, in the long run, we would be forced to increase our prices in the mid-term,” he noted.

Apart from this, Toyota commenced bookings for its BS-Vi compliant version of Innova Crysta. The prices of the car has been fixed between Rs 15.36 lakh to Rs 24.06 lakh (ex-showroom, Delhi). The company has sold close to 2.7 lakh units of the Innova Crysta so far, registering about 40 per cent of share in its segment, TKM said.

Overall, the company has sold close to 9 lakh units of the Innova range till date since 2005. The company has opened bookings for the model at a celebratory price for a limited time period, he added. Vehicle stability control, hill assist control and emergency brake signal now come as standard feature across the Innova Crysta range.

(With inputs from PTI)