Toyota Kirloskar Motor Pvt. Ltd. sold 5,386 units in July, indicating a sequential growth of 39.31% and an annual decline of 48.32%. The company had sold 3,866 units in June 2020 and 10,423 units in July 2019.
“Despite various challenges, the month of July witnessed better sales in terms of both retail and wholesales when compared to June,” Naveen Soni, senior vice president (sales and service) at Toyota Kirloskar, said in a statement.
Since the coronavirus lockdown started easing, Toyota’s retail sales have been “very good” due to pending orders getting cleared and pent-up demand, Soni said. However, localised stay-at-home curbs in several pockets of the country “led us to a situation wherein our business was closed up to 20% of the market, in and around mid July”.
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The lockdown called upon Bengaluru forced Toyota to shut its plant for four days last month, resulting in some production loss. “We intend to catch up on both retail and wholesale, beginning the festive month of August,” Soni said.