Toyota Kirloskar Motor officials have confirmed that their newly introduced vehicles, Etios Cross and new Corolla Altis are currently attracting waiting periods of over three months and over two months respectively.
Launched towards the end of May, 2014 both the vehicles have opened to a decent start, however bookings for both the vehicles began in the month of February after their exhibition at the 2014 Delhi Motor Show. Considering this fact, both the cars have roped in quite decent numbers. TKM has confirmed that Etios Cross alone received 5,400 bookings and its premium saloon, new Corolla Altis bagged 3,000 bookings. The company is currently working on chalking out a plan to reduce waiting periods for both the vehicles. With the launch of Etios Liva based Etios Cross crossover and new Corolla Altis, sales momentum of TKM is back on track.
The company sold a total of 13, 394 units including domestic sales and exports in the month of June as against 13,805 units sold in the same month last year. On domestic front, TKM registered growth of 9 per cent with 12,010 units sold in June 2014 as compared to 11,010 units sold in June 2013. In the month of June, Etios Cross contributed 626 units toward the monthly sales while refreshed Corolla Altis contributed 922 units.
The current sales trend in domestic market implies that new vehicles are acting as catalysts when it comes to monthly sales. Moreover, the new government has agreed on retaining the excise duty announced during the interim budget which means there will be no change in the price of vehicles. This will also boost customer sentiment and will gradually result in increased sales.
