Toyota Kirloskar Motor (TKM) has reported an impressive rise of 108 percent in aggregate sales in the month of May 2012 where the number of units sold was 15,501 units as compared to the corresponding month last year when the number of units sold were 7,470.
The Etios, which has emerged as the third largest selling sedan in its segment has clocked sales of 4,270 units last month whereas the number of units sold in May 2011 were 3,412 depicting a growth of 25 percent. The number of Etios Liva sold last month was 2,587 units. The company has sold 6,710 units of New Innova last month whereas 2,961 units were sold in the month of May last year which shows a fantastic growth of 127 percent. The number of units of New Fortuner sold last month were 1,399 where as 672 units were sold in May 2011, registering a growth of 108 percent. The number of units of Corolla Altis sold last month was 523.
Mr. Sandeep Singh, Deputy Managing Director- Marketing, said, “Production was affected by Tsunami last year, thus affecting sales in May 2011, with 7,470 units being sold. Last month, Etios, Etios Liva, New Innova and New Fortuner continue to show good results because of high customer confidence. The sales have been good, despite the low market sentiments. However, with the rupee weakening, we are unable to retain the current prices. We are forced to pass a part of it to our customers. There will be a 1% increase in the prices of Etios diesel and Innova and a 0.5% increase in Fortuner and Etios Liva Diesel, with effect from 1st June.”