Toyota Kirloskar Motor sales decline 9% in February

Toyota Kirloskar Motor (TKM) on Monday reported a 9.1 per cent decline in total vehicle sales at 11,356 units in February as against 12,497 units in the same month last year.

File photo
File photo

In the domestic market, the company posted sales of 10,352 units last month, down 11.9 per cent from 11,760 units in February 2019, TKM said in a statement.

"We have smoothly transitioned to BS 6 manufacturing and started delivering BS 6 vehicles to our customers before the stipulated deadline of April 2020. A total of 31,853 BS 6 vehicles have been dispatched to our dealerships till date," TKM Senior Vice President (Sales and Service) Naveen Soni said.

In order to make the transition smoother for customers, the company has offered introductory pricing so as to not pass on the full increase of BS 6 product price at one go, he added.

Also check these Vehicles

Find more Cars
Toyota Innova Crysta (HT Auto photo)
₹ 19.99 - 25.43 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Toyota Innova Hycross (HT Auto photo)
₹ 18.30 - 28.97 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Toyota Glanza (HT Auto photo)
₹ 7.18 - 9.45 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Toyota Fortuner (HT Auto photo)
₹ 32.99 - 50.74 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Toyota Belta (HT Auto photo)
₹ 10 Lakhs *Expected Price
View Details
Toyota Camry (HT Auto photo)
₹ 39.41 - 41.20 Lakhs* *Ex-showroom price
Add to compare
Check latest offers

The BS 6 petrol Yaris and Glanza have been well received last month while the company's flagship brands Innova Crysta and Fortuner continue to do well, Soni said.

"As we prepare to meet the evolving market sentiments, our efforts are to ramp up production to improve deliveries," he added.

Soni said in order to smoothen the transition, the company introduced the BS 6 Innova Crysta in January this year at an introductory offer.

"We have chosen not to pass on the full impact of an increase in cost to the consumers at the launch. We had to take a difficult decision, that we will not transfer the price in one go, we will have a stage-wise implementation. Having said that, in the long run, we would be forced to increase our prices in the mid-term," he noted.

Accordingly, while the consumer acceptance of BS 6 so far has been positive, the challenge in the upcoming months is to see how the customers will accept the full increased pricing once the introductory offer is phased out, Soni said.

First Published Date: 02 Mar 2020, 14:56 PM IST
Shopping Bag Shop Now
70% OFF
VENO Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable (2 in 1 Vacuum Cleaner)
Rs. 899 Rs. 2,999
4% OFF
Godrej aer O – Hanging Car Air Freshener | Car Accessories | Cool Aqua (7.5g)
Rs. 95 Rs. 99
65% OFF
Ambrane 38W Fast Car Charger with Dual Output, Quick Charge 3.0 and Power Delivery, Type-C & USB Port, Wide Compatibility for Smart Phones (RAAP C38 A, Black)
Rs. 349 Rs. 999
68% OFF
PUNZONE Car Body Scratch Remover - Scratch Repair Polishing Wax Kit Sponge Body Compound Cream Wax, Car Body Compound Scratch Remover
Rs. 289 Rs. 898

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.