Auto Sales March 2022: Toyota Registers 58% Growth In FY2022, Records Highest Monthly Sales

Toyota Kirloskar Motor reported its sales for the month of March 2022 and the company sold 17,131 units, registering a growth of 14.2 per cent when compared to 15,001 units sold in March 2021. The company said it was the brand's highest monthly sales in five years. The automaker also reported a massive hike in year-on-year volumes as the company's wholesales stood at 123,770 units for FY2021-22, witnessing a healthy growth of 58 per cent over FY2020-21 when sales stood at 78,262 units. The numbers come after a low base amidst the pandemic but do promise a more positive outlook for the new fiscal.

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The Toyota Glanza and Urban Cruiser have been strong contributors to the brand's overall volumes

The strong volumes come on the back of popular products like the Glanza and Urban Cruiser that boost the brand's volumes, while the Innova Crysta continues to be a strong seller for the automaker. Toyota revealed that the company sold 8,000 units of the Innova Crysta in a single month in March, while the Fortuner and Legender models collectively sold close to 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 have been witnessing tremendous demand from the market and our March wholesales stand testimony to the current demand trends. Not only that, it also reiterates the kind of popularity all Toyota models enjoy in their respective segments and the fact that we have been able to offer products basis our customers' expectations. This is clearly reinforced with segment-leading models like the Innova Crysta clocking almost 8,000 units in just a single month. The Fortuner and the Legender too, both have faired phenomenally well and especially with the Legender having carved a niche for itself in such a short time. Both models put together, we have clocked close to 3000 units. The recently launched Camry hybrid has also been very well appreciated by our customers and we will ensure our best efforts to meet the rising demand for the same."

Toyota sold 8,000 units of the Innova Crysta in a single month in March and close to 3,000 units of the Fortuner and Legender SUVs

The previous month also saw Toyota introduce the new-generation Glanza hatchback with a host of upgrades. The model remains Toyota's entry-level offering in the country and arrived with plenty of changes and a distinctively different front design, setting it apart from the new Maruti Suzuki Baleno (the model it's based on).

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Speaking about Glanza's success, Sood said, "Our focus will be to reach out to as many new Toyota customers as we can, more so as we also intend on expanding our footprints, especially in Tier II and Tier III towns beginning this new Financial Year. We are glad that we have been successful in closing this FY with a 58 per cent growth over the last FY and we hope we will be able to reach out to many new customers in days to come."