Toyota domestic sales dip 15pc in Dec 2017; Innova, Fortuner sales rise in CY 2017

Toyota Kirloskar has recorded a growth of 5% in the annual sales in 2017 as compared to 2016. The company has achieved the milestone of recording the highest ever IMV sales in 2017 (73000 units of Innova and 24000 units of Fortuner –Total IMV sales =97000) in India.  Innova and Fortuner ever since its launch in 2016 have shown a strong performance in the market in terms of steady growth in customer demand. The premium SUV Fortuner has been scaling heights with highest ever sales in India in 2017.

N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said the company closed the year on a positive note with both Innova and Fortuner doing well in the domestic market.  “With maximum utilization of Plant I capacity to 97% we were able to cater to the increase in customer demand of Innova and Fortuner,” he said.

He said the Camry Hybrid sales were negatively impacted with the steep rise in price post applicable tax as per GST framework. The current Camry Hybrid already meets the applicable tailpipe gaseous emission levels set for the Bharat Stage VI which are due to be introduced in 2020, he noted.