Toyota Kirloskar sales down 24% in December

Tags: Cars
Toyota Kirloskar Motor today reported 24.31 per cent decrease in its car sales at 12,071 units in December 2012.

The company had sold 15,948 units in the corresponding month previous year, Toyota Kirloskar Motor (TKM) said in a statement.

For the entire 2012 calender year, TKM's total sales increased 40.04 per cent to 1,90,663 units from 1,36,150 units in 2011, it added.

During the year, the company exported a total of 18,422 units of Etios series.

Commenting on numbers, TKM Deputy Managing Director and COO (Marketing and Commercial) Sandeep Singh said: "Though we are satisfied with the overall growth in our sales volume of last year, the passenger car market continues to be slow, as has been in the last few months."

The company hopes the new year will usher in good times with economic revival and better market sentiments, he added.

EDITORIAL OF THE DAY

  • Finalising the formula for fixing the fair market value of shares calls for a detailed debate

    Whenever there is a change of regime at the Centre, the new government has its tasks cut out for execution.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Roopen Roy

High CEO pay and the gaps it leaves

Unlike the UK, Norway took a remarkable decision with its ...

Zehra Naqvi

Watch your words, for they can kill

You must’ve heard the ph­rase ‘if looks could kill’. Ever ...

Dharmendra Khandal

Biodiversity day has come and gone. Yet again

Every year on May 22, world celebrates international biodiversity day. ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture