Toyota Kirloskar Motor has announced that they sold 8,801 units for the month of June 2021, which is a growth of 128 per cent compared to the domestic sales in the month of June 2020. The brand’s factory resumed production on June 15th and has been focusing on catering to the pending orders of customers. As a result, TKM had reported wholesales of 3,866 units in the month of June 2020 and 707 units in the month of May 2021. As a result, the cumulative wholesales of TKM in the first six months of the calendar year 2021 stands at 59,332 units when compared to 28,686 units sold in the corresponding period last year, thereby registering a growth of 107%
Commenting on the monthly sales, Mr Naveen Soni, Sr. Vice President at TKM, said, “Having resumed production with a 50% workforce last month after the gradual unlock in the state of Karnataka, our immediate goal was to cater to the pending orders of our customers. Although our dispatches only began by the third week of June, we have been able to register a 128% growth over domestic sales in June 2020. In terms of demand, we are witnessing good traction in the market arising out of ‘pent up demand’ and thereby leading to good levels of enquiries and new customer orders. We also anticipate retail sales to be better in the coming months, provided that the pandemic doesn’t pose newer challenges to us.
TKM also states that the relaxation of the restrictions across the state is not uniform. Due to that reason, the process of unlocking each state has been gradual and intermittent. Following that, Toyota dealerships are opening up sporadically and amidst various restrictions, including limitations about the number of manpower working at a time as well as the manhours of work they put in. The brand is also focusing on vaccinating both our employees and their families and extending our support to have our dealer and supplier staff vaccinated, too, to ensure lower risk & severity of infections.