Toyota Kirloskar Motor on Tuesday reported 24.31 per cent decrease in its car sales at 12,071 units in December 2012.
The company had sold 15,948 units in the corresponding month previous year, Toyota Kirloskar Motor (TKM) said in a statement.
For the entire 2012 calendar year, TKM’s total sales increased 40.04 per cent to 1,90,663 units from 1,36,150 units in 2011, it added.
During the year, the company exported a total of 18,422 units of Etios series.
Commenting on numbers, TKM Deputy Managing Director and COO (Marketing and Commercial) Sandeep Singh said: “Though we are satisfied with the overall growth in our sales volume of last year, the passenger car market continues to be slow, as has been in the last few months.”
The company hopes the new year will usher in good times with economic revival and better market sentiments, he added.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.