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Toyota Kirloskar January sales up by 89pct
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Saturday, 04 Feb 2012
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Car maker Toyota Kirloskar Motor reported an 89.34% increase in sales to 17,395 units in January, driven by robust demand for its latest 'Etios' and 'Liva' models.

Toyota Kirloskar Motor in a statement said that the company sold 9,187 units in the corresponding month last year.

TKM, a joint venture between the world's largest car maker Toyota and the Kirloskar Group, attributed the growth to healthy sales of its Etios sedan and small car Liva.

Mr Sandeep Singh deputy managing director (marketing) of TKM said that "It's been a good start to the year with a robust growth. We are happy with the response to the Etios series, the new Innova and the new Fortuner.” He added that an increase in plant capacity has helped the firm cater to demand for its vehicles, facilitating higher sales last month.

Mr Singh said that "We expect to see a further growth in Fortuner sales with an increase in its production from this month onward without sharing details.

The company sold 4,844 units of the Etios and 4,030 units of the Liva last month. It also sold 6,794 units of the new version of multi utility vehicle Innova, besides 941 units of the new Fortuner SUV.

(Sourced from PTI)

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