Business Standard

Toyota Kirloskar domestic sales down 19% in June

The overall weak economic conditions continue to keep the market sentiments low and the market sluggish, says TKM Deputy Managing Director and COO Sandeep Singh

Press Trust of India New Delhi
Toyota Kirloskar Motor today reported 19.45% decline in its domestic car sales at 13,805 units in June, 2013.

The company had sold 17,140 units in the corresponding month of last year, Toyota Kirloskar Motor (TKM) said in a statement.

During the month, the company exported 2,795 units of Etios series.

Commenting on sales, TKM Deputy Managing Director and COO (Marketing and Commercial) Sandeep Singh said that the overall weak economic conditions continue to keep the market sentiments low and the market sluggish.

"We have seen an increase in sales when compared to last month. We have been able to keep the inventory levels low, both at TKM and dealer's end. We hope to see the market improve after the monsoon and during the festive season."

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First Published: Jul 01 2013 | 5:10 PM IST

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