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Toyota registers 3% growth in July 2016

By Niranjan Mudholkar,

Added 02 August 2016

Ban on registration of diesel vehicles stalls the extent of growth

Commenting on the monthly sales, N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said, "We had to shut down production at our Bidadi plant on 30th July on account of Karnataka Bandh in the absence of which our growth would have been more in terms of sales.

Also, although the new Innova Crysta has been doing well, the ban on registration of diesel vehicles has stalled the extent of our growth. We respect the honorable Supreme Court's judgment regarding cleaning the bad air quality around us. We would fully support the authorities for creating a better environment for our future generations. We are confident that honorable court will consider our submissions during the next hearing and hope the matter is amicably resolved at the earliest."
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