Toyota India sales during September 2013 see increase of 10 percent
Toyota Kirloskar Motors Private Limited, a subsidiary of Toyota Motor Corporation of Japan has registered a 10% increase in total sales during the past month of September 2013.
These sales results were due to severe sluggish auto markets which have been experiencing falling sales since the start of this year. Higher import costs, a depreciating rupee and other relentless economic constraints are all having an adverse effect on sales both within the country and where exports are concerned. The company is however optimistic of the upcoming festive season to add some cheer to their sales charts.
Commenting on the sales in Sept 2013, Mr. Sandeep Singh, Deputy Managing Director and Chief Operating Officer, Marketing and Commercial said “The market continues to be sluggish. We hope that the market will improve with the upcoming festive season.”