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Toyota Kirloskar's June sales up 22 percent
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SME Times News Bureau | 02 Jul, 2012
Japanese-Indian car joint venture Toyota Kirloskar Motor closed last month with 22 percent sales growth as compared to June 2011.
The company said in a statement that it sold 14,700 units in June 2012, up from 12,034 a year earlier.
"We have registered a growth based on the strength of Etios, Innova and Fortuner sales. The Corolla Altis segment continues to be sluggish.
"We are relieved by the recent rollback of the fuel price, however we don't see the market sentiments improving considerably with the other factors at play," said Sandeep Singh, deputy managing director.
Etios series sold 6,155 units as compared to 5,739 in the corresponding month last year.
Sales of Innova went up by 45 percent to 6,785 units and that of Rortuner by 26 percent to 1,249 units last month as compared to June 2011. Corolla Altis sold 505 units last month.
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