Toyota sales witness declining trend in domestic market [Dec 03, 2015]
In the month of November 2015, Toyota Kirloskar Motor (TKM) sold 10, 278 units in domestic market and exported 1110 units in exports resulting in a total of 11, 388 units. TKM sold 12, 175 units in the domestic market in November 2014 and exported 1959 units of Etios series in the same period.
The company also registered a cumulative growth of 7% by selling 129,373 units from January to November 2015 as compared to 121, 038 units sold in the corresponding period last year.
The Etios series continues to register persistent growth as the New Etios & New Liva receives an overwhelming response across the market. Etios series revealed a cumulative growth of 9% from January to November 2015 when compared to the same period last year.
The New Camry sales continue to grow as the cumulative sale for Camry has already exceeded 1000 units from January to November 2015. Furthermore, the new Camry showcased a steady growth of 65% in sales for the month of November when compared to the corresponding period last year. The Camry hybrid constitutes 90% of this sale.
Commenting on the sales, Mr. N Raja, Director and Senior Vice - President, Sales and Marketing said “As we move towards the end of the year, we witnessed a growth of 7% in our sales from January to November 2015 when compared to the same period last year. The Etios series has also clocked a cumulative growth of 9% from January to November 2015 when compared to the same period last year. We would like to extend our gratitude to our loyal customers for their overwhelming response towards the new Liva introduced during the festive season; likewise the sale of Camry continues to grow with over 1000 units of the model already sold this year. The success of each of these products has attributed to our cumulative growth this month”.