When it was raining with sales, and mostly every automaker was cashing the opportunity, Toyota still loses its growth factor despite getting the new Innova launched in India. Reportedly, Toyota Kirloskar Motor (TKM) sold 13,847 units in July 2014 compared to 14,470 units in July 2013.
The company exported 1,926 units of Etios series last month.
In the domestic market TKM sold 11,921 units in July 2014 as compared to 11,515 units in 2013, thereby registering a mere of 4% growth.
Mr. N Raja, Director and Senior Vice – President, Sales and Marketing said “We would like to thank our customers for the continuing success of the newly launched Corolla Altis and Etios Cross. Both the Corolla Altis and the Etios Cross have been well accepted by the customers, especially for QDR – Quality, Durability and Reliability. We sold 882 units and 888 units of the Corolla Altis and Etios Cross, respectively. The Innova & Fortuner also continue to maintain its leadership position in their respective segments. We look forward to a further improvement in customer’s purchasing sentiments with the beginning of the festive season.”