Toyota Kirloskar Motor records 20% sales increase August 2012 in India
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Toyota Kirloskar Motor records 20% sales increase August 2012 in India

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Toyota Kirloskar Motors has registered 20% sales increase and growth this August, as compared to statistics during the same period last year. This year the company managed to sell 13,995 units as compared to the 11,679 units it sold during August 2011. Etios Series, Innova, Fortuner and Camry saw an increase of 3%, 50%, 44%, 76% respectively as compared to last year. The Corolla Altis saw a decrease in sales which amounted to a 54% decrease as compared to last year.

Sales records for August 2012 show that the Etios Series has registered sales of 5,698 units, Innova with 6,439 units, Fortuner with 1,289 units and Camry with 60 units. The New Camry launched by the company has received tremendous response with 111 bookings during this month.

20% growth statistics have been recorded solely due to the sales of the Etios Series, Innova and Fortuner. The Camry is being produced locally and this will help cater to the rising demands of Toyota customers. Prices of Toyota models will be subjected to a 1.5% increase due to fall in the rate of the rupee. The much awaited 2012 Toyota Camry was launched foor the Indian auto market at a price of Rs 23.8 lakhs in August, and is powered by a 2.5 liter dual VVT-I petrol engine.

India auto news release: Toyota Kirloskar Motor registers a growth of 20%

Toyota Kirloskar Motor registered a growth of 20% in August 2012. The company sold 13,995   units in August as compared to 11,679 units in the corresponding month last year.

­­­­­­­­­­The sales data for the month of August 2012 is as follows:

Product

Aug 2011

Aug 2012

Growth

Etios Series

5,524

5,698

3%

Innova

4,303

6,439

50%

Fortuner

897

1,289

44%

Camry

34

60

76%

Corolla Altis

913

492

-54%

Commenting on last month’s sales Mr. Sandeep Singh, Deputy Managing Director, Marketing said “We have registered a growth this month based on good sales of Etios, Innova and Fortuner. We launched the All New Camry last month and have received an overwhelming response with 111 orders. We have dispatched 60 untis last month. The Camry is being locally manufactured at an exclusive assembly line in our second plant. We hope to see the Toyota family of happy customers grow bigger, with this latest offering in our line up. The local production of Camry will help us to cater to more customers in this segment.

We have announced the revision in prices of all our models by around 1.5%, due to the impact of rupee depreciation. This will be effective from 1 Sept 2012.  We contained the rise in costs for as long as we could, but are now forced to pass it on to our customers.”