Retails in tier 2 and tier 3 markets are expected to improve
Toyota Kirloskar Motor has roped in a new finance partner to boost its sales in the Indian market. Leading banking platform UCO Bank has now been declared the new financing partner for Toyota in Tier 1, 2 and 3 cities. It would also cover the various union territories as well. The partnership is expected to churn out more flexible finance packages for various Toyota models- especially those on the more affordable end, like the new Glanza which is in huge demand now.
TKM is currently ramping up its domestic portfolio and business aggressively. A few key product launches have happened or are lined up, the Urban Cruiser Hyryder to quote a quick example. With these new financing options jioning the game, expect the sales and market shares to shoot up…
ALSO READ: Check out our reviews of the new Toyota Glanza manual and automatic variants.