Cars in India | Autoportal.com

Toyota targets 6-7 per cent growth in car sales in 2014

Toyota targets 6-7 per cent growth in car sales in 2014

Snapshot: The 11th generation Toyota Corolla Altis registered sales of 900 units in June 2014; Waiting period of the car has now gone up to two months.

- Comments    |    Write Comment

Having clocked a healthy 12 per cent sales growth in the month of June 2014 after a period of slump, Toyota Kirloskar Motor (TKM), is now targeting a six to seven per cent sales growth in 2014. 

The Japanese carmaker that saw a decline in sales from January to April this year, witnessed a marginal increase in May and expects sales to grow by six to seven per cent this year, N Raja, director and senior vice president, TKM said. 

The company had recently introduced the all-new 2014 Toyota Corolla Altis in the Indian market with prices starting at Rs 11.19 lakh (ex-showroom, New Delhi.) The 11th generation Corolla that has taken a big leap from the out-going model in terms of design and features seems to have been well received in the market. The company has reported to have sold over 900 units of the newly launched sedan since its launch and now, the waiting period of the car has gone up to two months.

“The positive feeling is back. But growth will only be in single digits. Footfalls have improved at our showrooms. The customer confidence is slowly coming back. We are waiting for the festive season, starting from Onam, Navarathri and Deepavali.” Raja said.

Related car news

  • Toyota cuts prices of Fortuner, Innova Crysta and Corolla Altis post GST 03-07-2017 Davender Soni Toyota cuts prices of Fortuner, Innova Crysta and Corolla Al...
  • 2017 Toyota Corolla Altis to launch on 15 March 08-03-2017 Davender Soni 2017 Toyota Corolla Altis to launch on 15 March
  • 2017 Toyota Corolla Altis Launching in March in India 01-02-2017 Davender Soni 2017 Toyota Corolla Altis Launching in March in India
  • 2014 Toyota Corolla Altis launched in India at Rs 11.99 lakh 27-05-2014 Gauri Lokhre 2014 Toyota Corolla Altis launched in India at Rs 11.99 lakh
  • Toyota shuts Corolla Altis production and plans to roll out new version soon 19-01-2014 Akshit Juneja Toyota shuts Corolla Altis production and plans to roll out...
  • Toyota Innova, Fortuner and Corolla Altis Rank Highest for Initial Quality 26-12-2013 Vikas Yogi Toyota Innova, Fortuner and Corolla Altis Rank Highest for I...
Helpline