Toyota Etios Exclusive

Toyota India sales down 7.2% for first time in 7 months in October

On November 2, Toyota’s India manufacturing and sales subsidiary Toyota Kirloskar Motor reported its October India sales figures. Total sales were 12,625 units including exports. This is 7.2% down from the previous year and marks the first decline in 7 months.

Of the 12,625 total, 11,651 units were sold domestically in India. This is down 6.1% from the previous year and marks the first decline in 6 months.

Sales were favorable for the Innova Crysta minivan, which was released in May. It was a popular model with a one-month wait for orders and there was also the introduction of a gasoline model.

TKM started exports of the made-in-India Etios series in April, 2012. A total of 974 Etios units were exported in October. This is down 18.7% and marks the 7th month of decline.

TKM Director and Senior VP, Sales and Marketing, N Raja said, “Demand from the market was strong these two months. The Innova Crysta was particularly popular.”

(Translated by Greg Scott)