Toyota Kirloskar sales down by 23% in January

Discussion in 'Indian Automotive Scene' started by Car Lover, Feb 1, 2013.

  1. Car Lover

    Car Lover New Member

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    Toyota Kirloskar Motor (TKM) sold 13,329 units in January 2013 as compared to 17,395 units in the corresponding month in 2012, sales declined by 23%. The company sales in Jan 2013 have seen a 10.42% increase from Dec 2012 sales of 12,071 units. The company exported 1,791 units of Etios series to South Africa in Jan 2013. The total sales registered were 15,120 units including exports.
    Commenting on the sales in Jan 2013, Sandeep Singh, Deputy Managing Director and Chief Operating Officer, Marketing and Commercial said “The market is still witnessing a slowdown, especially the passenger car segment. The prospects for the second half of 2013 look better. The repo rate cut is a welcome step. With the budget round the corner we are looking for some more measures that will bring about positive growth.”
     

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