Toyota Pakistan has registered another record-breaking achievement in sales. According to the company, it has sold 7,001 units of Toyota cars last month (October 2021). In its social media post, the company stated: “Indus Motor Company is extremely proud to announce another record-breaking month.”
And most important thing in it is that these are highest ever sales since the inception of Toyota since 1993. “We are thankful for all our loyal customers who have continuously supported us,” the company stated.
Indus Motor Company is extremely proud to announce another record-breaking month with 7,001 units sold in the month of October 2021 – highest since its inception in 1993.
We are thankful for all our loyal customers who have continuously supported us. #ToyotaPakistan pic.twitter.com/ykV8p9wcJw— Toyota Pakistan (@ToyotaPak) November 1, 2021
This surely is a great milestone for the company, especially during these tough times of pandemic. Toyota has always been a top brand in Pakistan as consumers love its cars for durability, cost effective maintenance, and affordable spare parts
And since the launch of Toyota Yaris, the sales have increase significantly as this compact sedan has outsold its competitors, Honda City and Honda Civic, for quite a few months. And October’s number proves that the sales are still going up.
Toyota Pakistan Last 3 Months Sales
Toyota Indus posted net sales revenue of Rs. 65.55 billion in Q1 of FY22. Compared to Rs. 34.14 billion in the same period of FY21, the growth factor is 92%.
The company sold 18,646 units of its locally produced vehicles in Q1 of FY22, 59% more than 11,715 units sold in the first quarter of FY21. We don’t know the exact number of CBU sales, but that’s also higher than last year’s.
Toyota IMC earned a profit of Rs. 5.42 billion in Q1 of FY22. Compared to the profit of Rs. 1.84 billion in Q1 of FY21, the growth factor is 195%.
Toyota IMC’s other income increased to Rs. 2.04 billion in Q1 of FY22 from Rs. 1.08 billion in Q1 of FY21, the growth factor is 88%.
The company’s earnings per share went up to Rs. 69.02 from Rs. 23.48.
Are you one of Toyota buyers? What is your take on this sales numbers? Share your thoughts in comments section.
Yes, we had a 10th generation Corolla, it is extremely durable car, roomy, comfortable and cheap to maintain.
None of the other cars priced similarly, in newer form or used form, are not as cheap to maintain as Corolla, in other words, they are not offering any thing that Corolla is not already giving, in fact cars like Sportage have higher maintenance cost so why should a person think off buying some untested car, it is not as though he has extra money.
Anyways, based on my use of product, I would not hesitate in buying another Corolla and there are so many out there having same thoughts, because in the end it matters not that a car has an airbag, rather how well can it run and is able to save time spent in a mechanic’s garage.
Good!
Can you please also look into how many cars were sold to private buyers and how many went into the hands of the own mafia car sellers?
These companies are quick to point out their sales. What are they doing to help curtail the problem of the own mafia?