Toyota recorded its highest-ever March sales till date in March 2021 with a Year-on-Year growth of 114% and Month-on-Month growth of 7%.
Innova Crysta was the best-selling Toyota for Mar'21 and it recorded a YoY growth of 51%. However; the sales fell by -5% MoM.
Maruti sourced Urban Cruiser ranked second and is bringing significant volumes for TKM. The model sales grew 24% over Feb'21.
Maruti Rebadged models (Glanza & Urban Cruiser) total dispatches in March 2021 added up to 6,151 units and contributed to over 41% of TKM's volumes.
The 2021 Fortuner helped the model register its highest monthly volume in the past 33 months! The model has crossed 2k volumes for 2 consecutive months now.
Commenting on the month’s performance, Mr. Naveen Soni, Sr. Vice President at TKM said, “We have been able to sustain the growth momentum as we closed the last quarter registering a 73% growth in domestic sales, when compared to the sales in the corresponding period last year (Jan- Mar 2020). In fact, last month witnessed the highest ever domestic sales in the month of March since 2013, helping us clock 114% growth over wholesales compared to March 2020. Our sales performance in the last quarter proved to be better than the sales in the festive season of the third quarter (Oct- Dec 2021), clocking a growth of 42%.
The demand for personal mobility still continues to grow as we witness a surge in both enquiries and customer orders thereby registering a 7% growth in domestic sales in March 2021 when compared to the sales in February 2021. This reiterates the popularity of the brand amidst our customers which has been further enhanced by the two new recent launches of the new Innova Crysta and the New Fortuner, as well as the Legender. Here, we only have our customers to thank for their trust & faith in the brand”, he concluded.