City
Epaper

Toyota India reports annual sales dip at 11.9% in February

By IANS | Updated: March 2, 2020 17:36 IST

Toyota India on Monday reported that its domestic sales declined 11.9 per cent annually in February to 10,352 units from 11,760 in the same month a year ago.

Open in App

Bengaluru, March 2 Toyota India on Monday reported that its domestic sales declined 11.9 per cent annually in February to 10,352 units from 11,760 in the same month a year ago.

"Export of Etios, however, increased 36 per cent annually to 1,004 units from 737 units a year ago, said the company in a statement here.

In total, including exports and domestic sales, Toyota sold 11,356 vehicles in February, declining by 9.1 per cent from 12,497 units a year ago.

Toyota India is joint venture of the Japan-based Toyota Motor Corporation with Kirloskar Group.

Meanwhile, the company said it smoothly transitioned to Bharat Stage VI (BS VI) manufacturing facility, as the new emissions regime will kick in from April 1, 2020.

"We have smoothly transitioned to BS VI manufacturing facility and started delivering BS VI vehicles to our customers before the stipulated deadline of April 2020," said Toyota Kirloskar Motor (TKM) sales and service senior vice president Naveen Soni in a statement.

Soni added the company has dispatched 31,853 units of BS VI vehicles till date.

Currently, the company has pending orders equivalent to a month for its BS VI vehicles, he said.

( With inputs from IANS )

Open in App

Related Stories

International'Operation Sindoor' has raised the cost of supporting terrorism for Pakistan, says Retd Lt. Gen Dua

National'Operation Sindoor' has raised the cost of supporting terrorism for Pakistan, says Retd Lt. Gen Dua

TechnologyStudy shows weight-loss drugs can cut alcohol intake by almost two-thirds

HealthStudy shows weight-loss drugs can cut alcohol intake by almost two-thirds

EntertainmentVashu, Jackky Bhagnani not associated with film titled ‘Operation Sindoor’

कारोबार Realted Stories

BusinessSanfort Set to Launch India's First IB Preschool Chain with a Vision for Futuristic Childhood Education

BusinessRasayanam Multivitamin for Men: Natural Daily Health Supplement Launched in India

BusinessCelebrating Mompreneurs on Mother's Day: Featuring Women Entrepreneurs Making Waves in 2025

BusinessGovt-owned IIFCL reports record profit after tax at Rs 2,165 crore in FY25

BusinessKorean Air to acquire 10 pc stake in Canada's WestJet