Toyota India Sales Analysis – October 2020
Urban Cruiser became Toyota’s 2nd Best Selling car in its first month of dispatches. Almost 3,006 units were dispatched in Oct’20 and contributed to over 24% of Toyota India’s volumes.
Toyota outsold the likes of Renault & Honda to become India’s 6th best selling OEM for October 2020. Maruti sourced models (Glanza & Urban Cruiser) majorly helped Toyota to gain volumes and over 48% of Toyota’s sales came from these 2 models!ModelYear-on-Year ComparoMonth-on-Month ComparoOct’20Oct’19Growth (%)Oct’20Sep’20Growth (%)Innova Crysta44775062-12%4477408710%URBAN CRUISER3006030060–GLANZA2978269311%2978257216%Fortuner1472130213%1472104541%YARIS373382-2%373377-1%Camry3867-43%382181%VELLFIRE292045%2914107%Liva + Cross0612–0––Etios01620–0––Corolla090–0––Prado00–00–Landcruiser018-100%00–TOTAL12,37311,8664%12,3738,11652%
Even with the launch of Urban Cruiser; Toyota’s overall sales growth was just 4% YoY (against Industry YoY growth of 17.5%).
Innova Crysta was the best selling Toyota of Oct’20. However; the model registered a degrowth of -12% YoY.
Glanza has emerged as the savior for Toyota brand and around 3k units were shipped to dealers in Oct’20. The sales grew 11% YoY & 16% MoM.
Fortuner still impresses us with its sales. While Innova struggled; Fortuner recorded 13% YoY growth and 41% MoM growth! Elections effect?
No one expected Vellfire to be the model to record the highest YoY & MoM growth!