Toyota Kirloskar Motor registers 61 per cent growth in sales
Toyota Kirloskar Motor registered sales of 9681 units in April 2011. The company sales grew by 61 per cent when compared to the corresponding period last year.
TOYOTA KIRLOSKAR Motor registered sales of 9681 units in April 2011. The company sales grew by 61 per cent when compared to the corresponding period last year. The growth is largely driven by impressive sales of the Etios with 4657 units in April 2011. Sandeep Singh, Deputy Managing Director, Marketing, TKM said, “The growth last month can be attributed to the encouraging sales of Etios. We have so far sold 12,758 units since its launch in December last year.
We have incurred a loss of approx 2900 units in April due to the production adjustment. However, the actual impact of the temporary production adjustment will be felt in the month of May, as we will operate at 30 per cent of our normal capacity. We deeply regret the inconvenience caused to our customers. Our dealers will be in constant touch with them and will keep them updated on the developments.
This is just a temporary phase, we will resume production as soon as possible. Until then, we seek our customers support and understanding in these troubled times.”
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