In the month of May 2017,
Toyota Kirloskar Motor sold a total of 10,914 units in the domestic market and
exported 1425 units of the Etios series in May 2017 clocking a total of 12,339.
The company had sold 12,614 units in the domestic market and exported 990 units
of Etios series in May 2016.
N. Raja, Director & Sr.
Vice President, Sales & Marketing, Toyota Kirloskar Motor said, “We are happy
to share that the Innova Touring Sport launched in the month of May has been
appreciated by customers for being the first mover in the MPV segment with a
SUV styling. Innova Crysta sales has
seen a slight dip as compared to the same period in 2016, which can be
attributed to the fact that we launched the Innova Crysta last year during
May. Ever since the preview of Innova
Crysta at the Auto Expo in 2016, there has been tremendous response and basis
the booking orders, we already had the vehicles ready for delivery as soon as
the official launch took place.
“With the ambiguity surrounding the upcoming
GST proposed tax structure, the customers are postponing their plan of
purchasing the vehicle post the GST implementation. We expect this impact to
magnify in June 2017 until the customers have a clear understanding of the
final pricing post the GST roll out.
“We expect the Government of
India to review the proposed tax structure, under GST, for greener vehicles
such as electric, hybrid, etc., to achieve cleaner mobility solutions. We do
hope the Government will continue to extend the prevailing tax benefits for
greener technologies which are purely based on the fuel efficiency and
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