Toyota Kirloskar sales down 24% in December

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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Skill gaps faced by India’s graduates cannot be filled easily

    India, the third largest economy in the world with regard to purchasing power parity, is expected to overtake China in its working population by 2028.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Purnendu Ghosh

Why we must know the rules of the game

We like to believe that people are good and we ...

Shona Adhikari

Pop art is truly a feast for the eyes

The internationally reknowned Bruno Art Group’s presence in India had ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture