Toyota registers growth again in December

Toyota Kirloskar Motor sold 11,740 Domestic units in Dec 2014 in the domestic market as compared to 10, 648 domestic units in Dec 2013 thereby registering a growth of 10%.

The company exported 1,888 units of Etios series in Dec 2014. TKM registered sales of 13,628 (Domestic + Exports) units, in Dec 2014 as compared to 12, 622 (Domestic + Exports) units in Dec 2013. TKM registered an overall growth of 8%.

Mr. N Raja - Director and Senior Vice - President, Sales and Marketing said, “In continuation of the November upswing, we have registered growth in the domestic and overall sales in December as well. This momentum can be attributed to the year ending. Customers have appreciated our Remember December campaign. We thank our customers for their support and look forward to serving them with Toyota's quality services for years to come. Toyota wishes all its customers a happy and prosperous new year."

On newspaper reports regarding discontinuation of Excise Duty concessions he further added that "We will study the market reaction and announce the price revision of our products accordingly. We would have expected the Government to continue the excise duty concessions as this was supporting the revival of the auto industry after a rather sluggish two years. We hope that Government would give deeper consideration for the next Fiscal Budget on structural reforms for the auto sector which is an important part of the "Make in India" campaign.”