Toyota Kirloskar Motor June sales fall 19%

Our Bureau Updated - July 01, 2013 at 04:54 PM.

Toyota Kirloskar Motor sales dipped 19 per cent to 13,805 vehicles in June, compared with 17,140 units sold during the same month a year ago.

During the month under review, the company sold 11,010 units in the domestic market, compared with 14,700 vehicles sold in June 2012.

The company exported 2,795 units of the Etios sedans during the reporting month.

“The overall weak economic conditions continue to keep the market sentiments low and the market sluggish. We have seen an increase in sales when compared to last month. We have been able to keep the inventory levels low, both at TKM and dealer’s end. We hope to see the market improve after the monsoon and during the festive season,” said TKM Deputy Managing Director and Chief Operating Officer (Marketing and Commercial), Sandeep Singh.

rajesh.kurup@thehindu.co.in

Published on July 1, 2013 11:24