Toyota Sales Surge 44% in July, Hitting Record 31,656 Units
By Rediff Money Desk, New Delhi Aug 01, 2024 11:41
Toyota Kirloskar Motor reported a 44% increase in sales in July, reaching 31,656 units, driven by strong demand for SUVs and MPVs, and operational enhancements.
New Delhi, Aug 1 (PTI) Toyota Kirloskar Motor on Thursday reported a 44 per cent growth year-on-year in total wholesales at 31,656 units in July.
The company said it was its best monthly sales ever.
The automaker had reported dispatch of 21,911 units in both domestic and exports in the same month last year.
"Demand for all our models remains at an all-time high, especially in the SUV and MPV segments," Toyota Kirloskar Motor Vice President, Sales-Service-Used Car Business Sabari Manohar said in a statement.
He added that the company's operational enhancement strategy, including the addition of a third shift, is supporting strong demand.
"For certain models, especially in the case of Urban Cruiser Hyryder, a streamlined supply situation has also led to a reduction in waiting periods," Maohar said.
The company said it was its best monthly sales ever.
The automaker had reported dispatch of 21,911 units in both domestic and exports in the same month last year.
"Demand for all our models remains at an all-time high, especially in the SUV and MPV segments," Toyota Kirloskar Motor Vice President, Sales-Service-Used Car Business Sabari Manohar said in a statement.
He added that the company's operational enhancement strategy, including the addition of a third shift, is supporting strong demand.
"For certain models, especially in the case of Urban Cruiser Hyryder, a streamlined supply situation has also led to a reduction in waiting periods," Maohar said.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Jaiprakash Power Ven
- 22.15 (+ 10.58)
- 56029440
- Spicejet Ltd.
- 65.76 (+ 4.71)
- 36362452
- Vodafone Idea L
- 9.19 ( -3.26)
- 33388753
- Jyoti Structures
- 32.15 (+ 9.99)
- 24306568
- Evexia Lifecare
- 4.20 (+ 5.00)
- 23022988
MORE NEWS
Ratan Tata Dies: Industry Leaders Mourn
Industry leaders mourned the death of Ratan Tata, praising his business legacy and...
AI Revolution: Amazon CEO on Ecommerce...
Amazon CEO Doug Herrington highlights the transformative power of AI in ecommerce, with...
India & Italy Explore Agricultural Cooperation
India and Italy discussed potential areas of collaboration in agriculture, including...