Toyota Kirloskar expects better sales to continue till Q1 next year
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Toyota Kirloskar expects strong sales to continue until the first quarter of next year.
- ✓Executive Sabari Manohar said, "This quarter is going to be really good because of the festive and momentum." The company also plans to increase production capacity at its Bidadi plants to help reduce long waiting periods.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Tadashi Asazuma (left), Deputy Managing Director, Toyota Kirloskar Motor, at the launch on Wednesday
The festive season in the current quarter and the next quarter will continue to draw sales, as demand from both urban and rural markets continue to draw footfalls at the showrooms, said a senior executive at Toyota Kirloskar Motor on Wednesday.
"This quarter is going to be really good because of the festive and momentum what we have, and then we are carefully monitoring any other impact that is happening because of the global unrest. We also feel the first-quarter of the next year also should be positive," Sabari Manohar, Executive Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor (TKM), told businessline on the sidelines of a new Glanza launch here.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Business Line
Read the full, original unfiltered story directly on the publisher's portal.