Toyota sales up 80% in March, closes FY17 with 11% growth
Toyota Kirloskar Motor (TKM) on Friday reported 80 per cent increase in its sales in March at 13,800 units driven by its Innova Crysta and new Fortuner models. The company had sold 7,637 units in the same month last year. For the fiscal 2016-17, TKM posted a growth of 11 per cent at 1,42,500 units as against 1,28,500 units in the previous fiscal.
"Our growth has been largely driven by Innova Crysta and Fortuner. We have so far delivered 75,000 units of Innova Crysta and 10,350 units of Fortuner in five months since its launch," Toyota Kirloskar Motor Director and Senior Vice-President Sales & Marketing N Raja said.
The robust demand of the two vehicles helped the company make up for five months of absence in Delhi-NCR region during the fiscal when diesel cars and SUVs with engine capacity of 2,000cc and above were banned.