Toyota Kirloskar Sales Rise 6% In May

Toyota Kirloskar Motors (TKM), a subsidiary of Toyota Motor Corporation of Japan, on June 1 reported a nearly 6% increase in total sales in May from the previous month, indicating that a turnaround could be around the corner.

The company sold 13,230 units in May 2014 compared to 12,502 units in the corresponding month of the previous year, Toyota Kirloskar Motor said in a statement.

During the month, the company exported 1,397 units of Etios series.

In the domestic market, TKM sold 11,833 units in May 2014 as compared to 10,023 units in May 2013, thereby registering 18% growth.

N Raja, senior vice-president (sales and marketing) at Toyota Kirloskar Motors, said the company has resumed normalcy in production and have registered growth in May.

It has also launched the Etios Cross and the All New Corolla Altis last month, he said.

Raja also added that the company has received a very good response for the new launches and thanked the customers for their appreciation.
Image: toyatabharat.com