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Toyota reports sales for March, numbers show a big decline

April 01, 2014, 04:18 PM IST by Selvin Jose
1 comment(s)
Toyota reports sales for March, numbers show a big decline

Toyota Kirloskar Motor (TKM) has released its official sales figure for March 2014. The company sold 9,160 units in March 2014 in comparison to 21,143 units sold in March 2013 which also includes exports. The Japanese car maker sold 8,206 units in March 2014 as compared to 19,452 units in March 2013 showing a heavy drop of 57.81 per cent.

Mr. N Raja, Senior Vice-President, Sales and Marketing said, “We started limited operations from March 18, 2014, with the help of our non – unionized team members, majority of whom are supervisors.” 

The sales are down heavily, Toyota also showed decline in sales figures for February albeit with a smaller number. This massive decline, as the company has claimed, is also due to the issues at the company’s plant stemming from the standoff between the workers and the management. Stand off is still ongoing. The tiff began in the earnest from March 16 and has been continuing ever since. 

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