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E-mail ID will not be published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

  • Kerala, god’s own country, will always be free spirited

    Candy is dandy, but liquor is quicker,” the celebrated American poet Ogden Nash had once said famously.

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

Varun Dutt

<b>Riskfactor</b>:The over-the-top effect effect

The overconfidence effect is a bias in which someone’s subjective ...

Parvez Imam

The absoluteness in representations

When a representation replaces the original object or subject, a ...

Dharmendra Khandal

Religion and conservation must go hand in hand

In 1986, former president of WWF International, HRH Prince Philip, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture