Toyota Kirloskar sales decline 48% in July; Hyundai records 28% drop

"Despite various challenges, the month of July witnessed better sales in terms of both retail and wholesales when compared to June," TKM Senior Vice-President said

Toyota Kirloskar Motor (TKM) on Saturday reported a 48.32 per cent decline in domestic vehicle sales to 5,386 units in July compared to 10,423 units in the same month last year. The company had clocked domestic sales of 3,866 units in June.

"Despite various challenges, the month of July witnessed better sales in terms of both retail and wholesales when compared to June," TKM Senior Vice-President, Sales and Service, Naveen Soni said in a statement.

The first-month post unlock, June, witnessed demand rekindling and retails being very good due to several factors, including pending customer orders as well as pent