Mumbai, July 31 (IANS) Toyota Kirloskar Motor on Monday reported a rise of 43 per cent in its domestic sales for July. Also Read - Throwback Tuesday! When Shah Rukh Khan, Salman Khan Cycled Through Streets of Mumbai
According to the company, it sold a total of 17,750 units in the domestic market in July. Also Read - New Toyota Innova Crysta Launched in India at Rs 16.26 Lakh | Check Here Its Latest Features
“We are thankful to the government for the biggest indirect tax reform of the nation, which has helped us maintain the double digit growth this month,” said N. Raja, Director and Senior Vice President, Sales and Marketing, Toyota Kirloskar Motor. Also Read - Mumbai Rains: Heavy Rains Paralyse City, IMD Warns of 'Flooding', Local Trains Suspended Due to Waterlogging; BMC Declares Holiday
“Last month, putting the dealers’ need ahead, we had consciously taken the decision to lower the volumes of vehicles sold to the dealers. We wanted to ensure that there is minimum burden on our dealer partners of any differential tax post GST.”
This is published unedited from the IANS feed.