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

InternationalNepal’s former PM alleges ‘foreign hand’ in Gen Z protests and govt ouster: Russian media

EntertainmentNew mommy Bharti Singh misses her baby bump

National'Control tech, not let tech control you': Delhi CM Rekha Gupta tells youth

NationalCDS General Anil Chauhan commends NCC cadets, inspires them to build Viksit Bharat

Entertainment"He is the fittest person that I know in India": Milind Soman hails Amitabh Bachchan as symbol of true fitness at 80-plus

कारोबार Realted Stories

BusinessComposite salary account package for Central govt employees to be unveiled on Wed

BusinessGlobal economy defies trade turmoil, growth to ease: World Bank

BusinessInclusive finance must be linked to social security: CEA Nageswaran

BusinessDelta Electronics plans to boost its manufacturing footprint in India amid semiconductor push

BusinessWorld Bank sees Pakistan's growth stuck near 3 per cent