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Toyota reports slight decline in February sales

Toyota Kirloskar Motor sold 11,215 vehicles in February, with the domestic market accounting for 10,312 units. In February 2015, it had sold 11,802 units.

“Our monthly sales for February has picked up when compared to January 2016,” said N. Raja, director and senior vice-president, sales and marketing, TKM. “However, the ban on registration of diesel vehicles in Delhi and NCR still continues to affect our sales as these markets constitute 8-10% of the market share of both the Innova and Fortuner.”

Referring to the budget, Raja said it was expected that the government would come out with some measures to promote alternate fuel technologies which would have helped the environment also.

“The Indian auto industry is already taxed at very high levels in comparison to most countries,” he pointed out. “To promote sustainable development of the country, the government must use this tax for the development of infrastructure, enhancing safety and enabling advanced, cleaner technologies to be introduced. Toyota is ready to partner with the government to support in developing a more sustainable car society.”