According to the company, it sold a total of 17,750 units in the domestic market in July.
"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.
"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 story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.