Toyota India sales down 8% in June, waiting period rises for Innova, Fortuner

Toyota Camry

Toyota Kirloskar Motor (TKM) said its sales fell 8% in June this year compared to last year due to maintenance downtime at its factory.

“We sold 10,464 units in the domestic market last month, due to limited production on account of the planned shutdown. We deeply regret the inconvenience caused to our customers due to this. We currently have a waiting period of approx 25 – 30 days for the Innova and about 50 – 60 days for Fortuner. It is our endeavor to make the deliveries of vehicles on a timely basis,” said N Raja, Director and Senior Vice – President, Sales and Marketing.

The company sold 12,381 vehicles in the month. In the domestic market, Toyota sold 10,464 units in June 2015 as compared to 12,010 units in June 2014. The company exported 1,917 units of Etios series last month.

The performance in June is in contrast to how the company has performed in preceding months.

Despite the decline in June, the company’s domestic sales grew by 19% in the first half of the year when compared to the same period in 2014.

The sales grew with the launch of the New Innova, New Fortuner, and the recently launched Camry and Camry Hybrid. Along with all the other products Etios series and Corolla have also registered growth in the first half of the year, Toyota said.

“The Fortuner continues to lead the segment with 18% growth in the first half of the year when compared to the same period in 2014. The Fortuner has been the leader of the segment since launch in 2009. With the launch of the New Fortuner in Jan 2015, it continues to delight customers and maintain its undisputed leadership position in the segment with 73% market share from Jan – May 2015,” it said.

With 113 units sold last month, the New Camry has already sold more than 300 units within two months of the launch, as compared to 720 units sold in the whole of 2014, Toyota said.

After the launch Camry hybrid constitutes 87% of total Camry sales showing the increased awareness and acceptance of Hybrid in India.

Meanwhile, Maruti Suzuki reported only a slight increase in June sales, disappointing investors.