Toyota posted a huge year-on-year volume growth as the company’s wholesales for FY 2021-22 stood at 123,770 units, witnessing a growth of 58 per cent in FY 2020-21.
The new generation Toyota Glanza is off to a good start for the automaker
Toyota Kirloskar Motor It reported its sales for the month of March 2022 and the company sold 17,131 units registering a growth of 14.2 per cent as compared to 15,001 units sold in March 2021. The company said this was the brand’s highest monthly sales in five years. The automaker also reported a sharp jump in volumes on a year-on-year basis as the company’s wholesales stood at 123,770 units for FY21-22, which witnessed a healthy growth of 58 per cent in FY20-21, when sales stood at 78,262. was the unit. The numbers come after a low base amid the pandemic but promise a more positive outlook for the new fiscal.
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Toyota Glanza and Urban Cruiser have been a strong contributor to the brand’s total volumes
The strong volume comes on the back of popular products like Glanza and Urban Cruiser which drive the volumes of the brand, while Innova Crysta continues to be a strong seller for the automaker. Toyota revealed that the company sold 8,000 units of Innova Crysta in one month in March, while the Fortuner and Legend models collectively sold around 3,000 units during the same period.
Speaking on the strong sales growth, Atul Sood, Associate Vice President, Sales and Strategic Marketing, Toyota India said, “We are witnessing tremendous demand from the market and our March wholesales stand testimony to the current demand trends. It also reiterates the kind of popularity that all Toyota models enjoy in their respective segments and the fact that we are able to offer products based on the expectations of our customers.This clearly shows the Innova Crysta Like with the segment-leading model clocking in at around 8,000 units. In just one month. Both the Fortuner and the Legend, too, have done well and the Legend in particular has carved a niche for itself in such a short span of time. Combining the models together, we have clocked around 3000 units. The recently launched Camry Hybrid has also been highly appreciated by our customers and we will ensure to do our best to meet the growing demand.”
Toyota sold 8,000 units of Innova Crysta in one month in March and close to 3,000 units of Fortuner and Legend SUVs
Last month too, Toyota introduced the new generation Glanza hatchback with several upgrades. The model remains Toyota’s entry-level offering in the country and features a host of changes and a distinctly different front design, which sets it apart from the new Maruti Suzuki Baleno (the model it is based on).
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Speaking about the success of the Glanza, Sood said, “Our focus will be on reaching as many new Toyota customers as possible, and also as we intend to expand our footprint, especially this new financial year. Initially in Tier II and Tier III cities.We are glad that we have been able to close this financial year with a growth of 58 per cent over the previous financial year and we expect to see many new customers in the coming days. will be able to reach.
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