toyota is also working with its finance partners for a onetime reduction of inventory funding interest to help the dealer partners new delhi toyota kirloskar motor has announced that it will help the companys dealer partners with liquidity assistance for approximately 38 to 75 days during the coronavirus crisis based on individual dealer overheadsthe automaker said the package named as covid package ranges from the immediate settlement of any dealer claims to inventory interest subsidy for vehicles in stock spare parts payment deferment etcapart from that toyota is also working with its finance partners for a onetime reduction of inventory funding interest to help the dealer partners claimed the auto company in a release advt commenting on this naveen soni senior vice president toyota kirloskar motor said at toyota we believe that our stakeholders dealer partners and their employees are the most important assets and their safety and wellbeing is of utmost importance to us this pandemic has financially impacted all our dealerships across india because cash inflow has become zero read alsosc allows auto dealers to sell 10 unsold bsiv inventory for 10 days postlockdownvehicle makers announce support package for crisishit dealer partners he also said while the government has announced several relief measures including moratoriums we have also studied the fixed cost expenses of dealerships and have come up with a relief package called the covid package to assist in maintaining liquidity to improve cash flow we hope to emerge stronger from this crisis together etauto published on mar 31 2020 at 0939 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app toyota kirloskar motor coronavirus impact toyota car dealer auto dealers liquidity homenewsaftermarketcovid19 toyota kirloskar motor announces liquidity support for dealer partners