Toyota Kirloskar Motors Director and Senior Vice – President, Sales and Marketing N Raja has revealed company sales figures for the month of September 2015. Including exports, Toyota India sales stood at 12,653 units, as against 14,044 units sold in September 2014. This is a decline by 10% in sales.
In the domestic market, Toyota India sold 11,401 units, as against 12,542 units sold in the same month last year. This was a decline of 9%. Speaking about exports, TKM registered exports of 1,252 units during Sep 2015, as against 1,502 units exported in Sep 2014. Thus exports declined by 17%.
On the positive side, Toyota India announced a 11% increase in sales from January to September 2015 as against 5% growth during January to August 2015. This increased growth could be attributed to the Corolla, Etios and Camry Hybrid which have all been well accepted.
Earlier in September, Toyota Kirloskar Motors also announced its foray into passenger car auction. The new business is called Toyota Auction Mart.
Toyota is the first automaker in India to venture into used car auction with a view to providing a reliable service to customers. The first such auction was conducted on September 15, 2015 at the company’s new facility at Toyota car plant in Bidadi, with buyers and used car dealers from around Bangalore participating in this first auction. The company plans to conduct at least two auctions every month.