Toyota Kirloskar Motor Pvt Ltd – a subsidiary of Toyota Motor Corp – on Friday announced its plan to protect the financial viability of its dealer partners during the Covid-19 pandemic though a special package known as ‘Covid Package’.
The primary objective of the package is to ensure liquidity to well sustain the business during the lockdown thus protecting dealer partners for approximately 38 to 75 days, based on individual dealer overheads by giving cash flow support that will help them sail through these perilous times, the company said in statement.
Ever since the union and state governments have started asking people to ensure social distancing to control the increase in number of infected, footfalls at automobile dealerships have