NEW DELHI :Toyota Motor Corp is on track for record annual sales in India, a senior executive told Reuters, as its partnership with Suzuki Motor, which has a portfolio of affordable cars, attracts a new set of buyers.
"We are confident of closing this calendar year with our best ever performance and setting a new benchmark," Sood said. Mid-sized vehicles from Maruti Suzuki's stable such as the Glanza hatchback and Urban Cruiser HyRyder SUV have boosted Toyota's India sales at a time when it is seeing slowing growth in markets like Europe and North America and competition in Southeast Asia from Chinese players.
Cars from Maruti made up about 40 per cent of Toyota's total sales in India in the first eight months of 2023, industry data showed.
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Source: straits_times - 🏆 5. / 69 Read more »