Toyota Kirloskar Motor sales grow 20pc

Toyota Kirloskar Motor registered a growth of 20pc in August 2012. The company sold 13,995 units in August as compared to 11,679 units in the corresponding month last year. Despite stiff competition in the multi utility vehicle segment, the Innova showed very impressive numbers wherein the car sold 6,439 units as compared to 4,303 units, thereby registeredin a 50pc increase in volumes. The Etios series sold 5,698 units, registering only a 3pc increase. The Fortuner was another great performer with 1,289 units, growing 44pc. The Camry recorded 60 units while the Corolla Altis had disappointing figures against its name when it sold a mere 492 units as compared to 913 units in August 2011, registering a minu 54pc dip. Commenting on last month’s sales Sandeep Singh, Deputy Managing Director, Marketing said “We have registered a growth this month based on good sales of Etios, Innova and Fortuner. We launched the All New Camry last month and have received an overwhelming response with 111 orders. We have dispatched 60 untis last month. The Camry is being locally manufactured at an exclusive assembly line in our second plant. We hope to see the Toyota family of happy customers grow bigger, with this latest offering in our line up. The local production of Camry will help us to cater to more customers in this segment. We have announced the revision in prices of all our models by around 1.5%, due to the impact of rupee depreciation. This will be effective from 1 Sept 2012. We contained the rise in costs for as long as we could, but are now forced to pass it on to our customers.”