Wednesday, 2 September 2015

Toyota Kirloskar Motor Registers 1% Growth in Sales in August 2015

Domestic sale from January to August 2015 registers a growth of 14% when compared to the domestic sale of the corresponding period last year

The New Camry registers more than 100% growth as compared to the same period last year
Etios series registers a growth of 15% in sales from January to August 2015 when compared to the corresponding period last year

Toyota Kirloskar Motor (TKM) sells 12,547 units in August 2015 there by registering a growth of 1%.  TKM sold a total of 95,316 units from January to August 2015 as compared to 83,755 units sold in the corresponding period last year, thereby registering a cumulative growth of 14% in the domestic market. TKM exported 1,386 units of the Etios series this month.

The new Camry more than doubled its sales therefore registering a growth of over 100%. Toyota Camry sold 687 units from January to August, 2015 and currently with the existing pending orders, the total sale of Camry in 2015 sums up to exceed the total sales of Camry in 2014. Camry Hybrid constitutes more than 80% of this sale. This indicates the wide acceptance of hybrid technology in the Indian market.


Commenting on the growth, Mr. N. Raja, Director & Sr. Vice President, Toyota Kirloskar Motorsaid, “We have registered 1% growth in the overall market this month. The growth can be partly attributed to the success of the New Camry which has doubled its sales in the domestic market and with the existing pending orders will soon exceed the total sales of Camry in 2014. This also shows the well acceptance of hybrid technology in India. We would like to thank the Government of India for the support extended towards hybridization by introducing FAME which is intended to support hybrid/electric vehicles market development and its manufacturing eco-system to achieve self – sustenance by the end of 2020.

We have also seen a surge in the Etios series as it clocks a growth of 14% in sales from January to August 2015 when compared to the same period last year.  We would like to thank our customers who have appreciated the recently launched EtiosXclusive- a limited edition with premium offering from Toyota in India. With the upcoming festive season, we hope to see a further surge in growth and are hopeful that we would continue to delight our customers with our offerings”.

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