Toyota's April Sales Surge 32% to 20,494 Units
Toyota Kirloskar Motor's wholesales jumped 32% year-over-year to 20,494 units in April 2023, driven by strong product demand despite a maintenance shutdown. Domestic sales reached 18,700 units, while exports totaled 1,794 units. The company attributes its growth to its diversified product portfolio and strong customer connect.
- Country:
- India
Toyota Kirloskar Motor on Wednesday said its wholesales increased 32 per cent year on year to 20,494 units in April.
The automaker had dispatched 15,510 units to its dealers in April 2023.
The growth momentum was sustained despite a week-long maintenance shutdown from April 6 for upkeep of machinery and equipment to sustain operational efficiencies, productivity and safety, the company said in a statement.
Last month, the company said its domestic sales accounted for 18,700 units while exports totalled to 1,794 units.
''Our product strategy resonates the strong connect with the market thanks to the diversified portfolio,'' Toyota Kirloskar Motor Vice President, Sales-Service-Used Car Business Sabari Manohar said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
Toy Exports Fall to USD 152.34 Million in 2023-24: GTRI Report Urges Strategic Action
India's exports of medical consumables, disposables surged by 60pc in 2022-23
Yoho Powers Up Expansion Strategy: Expanding Exports and Catalogue to Address Footwear Market Needs
US lawmakers unveil bill to make it easier to restrict exports of AI models
Trump vows to target EVs, LNG exports in meeting with oil CEOs, report says