Toyota Kirloskar domestic sales up 6.45%

Rajalakshmi S Updated - January 09, 2018 at 12:54 AM.

Toyota Kirloskar Motor has reported a 6.45 per cent rise in domestic sales at 12,403 units in October against 11,651 units sold in the same month last year.

The company had exported 1,597 units of the Etios series in October 2017 compared with 974 in the same month last year, a jump of 63.96 per cent.

On the sales performance, TKM Director and Senior Vice-President, Sales and Marketing, N Raja, said: “We are happy that the festive season has given a positive push to domestic sales in the auto industry. There is a spur in customer demand.”

The company’s popular models Innova Crysta and Fortuner continued to enjoy good growth in demand, he added.

“We are utilising one of our plants to the maximum capacity to ensure the waiting period is reduced...,” Raja said.

He also said the company’s Camry Hybrid has seen slight improvement in customer demand with no change in price, post cess hike.

“The flagship model will continue to be a significant part of the Toyota product line-up. We believe customers will understand and appreciate the benefits of clean and green-friendly HV (Hybrid Vehicle) technology,” he said.

Earlier this month, the company had announced that it has cut down the production of Camry hybrid at its Bengaluru plant due to decline in customer demand.

Published on November 1, 2017 07:11