Toyota sales up 2.76% to 12,404 units in July

Toyota Kirloskar Motor (TKM) today reported a 2.76% rise in domestic sales to 12,404 units in July, 2016.

The company had sold 12,070 units in the same month last year.

However, exports declined by 17.49% to 1,344 units as against 1,629 units in the corresponding month last year, TKM said in a statement.

The recently launched Innova Crysta clocked sales of 7,800 units last month and has a waiting period of up to two months at different locations across the country, the company said.

Commenting on the sales performance, TKM Director and Senior Vice-President (Sales & Marketing) N Raja said, "We had to shut down production at our Bidadi plant on July 30 on account of Karnataka bandh in the absence of which our growth would have been more in terms of sales."

Although the new Innova Crysta has been doing well, the ban on registration of diesel vehicles has stalled the extent of growth, he added.

While stating that TKM respected Supreme Court's judgment regarding cleaning the bad air quality, Raja said, "We are confident that the honourable court will consider our submissions during the next hearing and hope the matter is amicably resolved at the earliest."