Toyota sales down by 16 per cent in March 2018

- Toyota sells 13,537 units in March 2018 (domestic and exports)

- A drop of 16 per cent in volumes against 14,432 units sold in March 2017

- Three per cent growth witnessed between January and March

- Fortuner and Corolla remain Toyota's best sellers in FY2017-18

- Yaris bookings to commence this month

Toyota Kirloskar Motors' (TKM) has witnessed a 16 per cent decline in the sales number in March 2018 as compared to the corresponding period last year. Nonetheless, the carmaker has managed to achieve a positive growth in the first quarter as compared to January-March 2017. In the domestic market, Toyota sold a total of 12,539 vehicles last month, while 998 units of the Etios were exported. Comparatively, the domestic sales numbers in March 2017 stood at 13,796 units, while 636 units of the Etios were exported.

We are expecting Toyota to maintain a positive growth momentum in the coming months. The carmaker announced plans of joining hands with Maruti Suzuki to cross supply the Vitara Brezza, Corolla and the Baleno. While this might take some time, the automaker's immediate plans are to launch the new Yaris for the Indian market in May 2018.