TKM’s sales decline by 35pc

Date: 01 Jun 2013

Toyota Kirloskar Motor (TKM) sold 10,023 units in the domestic market in May 2013 as compared to 15,501 units in the corresponding month in 2012, sales declined by 35pc. The company exported 2,479 units of Etios series to South Africa in May 2013. The total sales registered were 12,502 units including exports. Commenting on the sales in May 2013, Sandeep Singh, Deputy Managing Director and Chief Operating Officer, Marketing and Commercial said “The market continues to be sluggish. We have corrected the dealer’s inventory levels and have been able to bring it down to less than 30 days.”

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