Toyota Kirloskar Motor has noted a 6% sale rise in 2014 May, for months the company has noted lower profits than the corresponding period. The major spoiler is weak market economy. Toyota has recorded profit for the first time in months. This is an achievement taking into account the extent of turmoil faced at the factory few months ago in the form of strikes.
Toyota Corolla 2014
Amidst the uncertain circumstances of strike and constrained market, Toyota made profit. The company has strategized its business plan effectively with new Corolla Altis sedan and Etios Cross SUV. The two cars are responsible for the impressive 6% profit outcomes.
The month of May appeared to be an attractive period to push new attractive launches. There was massive rise in stock market, which led to smooth inflow of foreign funds. Toyota rolled out 13,230 vehicles in 2014 May, higher than 12,502 units noted in corresponding period. Majority of growth was contributed by the domestic sector. The export counter registered a decline.
The growth output in domestic sector in May 2014 is a significant 18% with the flow of 11,833 pieces, much more than 10,023 pieces noted same time last year. Toyota exported 1,397 units of Etios in May, on the admirable increase the Vice President in Sales and Marketing sector of the company, Raja N said, ‘’we have revived our lost production with growth profits in May.’’
Most of the magic happened in May with the launch of Corolla Altis and Etios Cross. ‘’The response has been great with the two cars, and we extend our gratitude of appreciation to customers’’ said Raja. Toyota sold 458 units of Altis and 555units of Etios Cross.
Toyota has generated noteworthy profits last month; it is a huge leap from the past. There is an overload of buyers for Etios Cross and new Corolla Altis, which is splendid since it has been barely a month post the introduction of both cars. Etios Cross and new Altis have something new to offer, the excitement with Etios Cross lies in the highlight of its signature cross identity with premium silver and black side cladding. The other one of a kind features, not usually spotted in many other cars are silver roof rails and front bull bar. It is a cross version of Etios Liva, and offers greater interior room and comfort than its inspiration.
The new Corolla Altis is a greater marvel of the past; a new Corolla product is stunning beyond words because of the grand nature of the car. Imagine the excitement levels with the new model, which sports a greater fantasy picture. The exteriors are more premium, and bigger than its predecessor, the insides too are spectacular with super colorful, posh and vibrant beige and black décor. It looks amazingly picturesque. With sensex hitting new highs it is difficult to stop anyone from buying the new Corolla Altis.
It is the price that matters the most when opting to buy a new car, the cost structure of petrol car is Rs 5.76 to 7.35 lakhs and with diesel cars it is Rs 6.9 to 7.4 lakhs. The initial price of new Corolla Altis is Rs 12 lakhs.
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I am into the auto blogs field for quite a long time. Living my passion of reviewing cars.
Tagged: 2014 Toyota Corolla, Toyota Corolla
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