Toyota Kirloskar sales up 89 per cent in January
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Car-maker Toyota Kirloskar Motor on Wednesday reported an 89.34 per cent increase in sales to 17,395 units in January, driven by robust demand for its latest 'Etios' and 'Liva' models.
The company sold 9,187 units in the corresponding month last year, Toyota Kirloskar Motor (TKM) said in a statement.
TKM, a joint venture between the world's largest car-maker Toyota and the Kirloskar Group, attributed the growth to healthy sales of its Etios sedan and small car Liva.
"It's been a good start to the year with a robust growth. We are happy with the response to the Etios series, the new Innova and the new Fortuner," TKM deputy managing director (Marketing) Sandeep Singh said.
An increase in plant capacity has helped the firm cater to demand for its vehicles, facilitating higher sales last month, he added.
"We expect to see a further growth in Fortuner sales with an increase in its production from this month onward," Singh said without sharing details.
The company sold 4,844 units of the Etios and 4,030 units of the Liva last month. It also sold 6,794 units of the new version of multi-utility vehicle Innova, besides 941 units of the new Fortuner SUV.
Luxury sedan Corolla Altis contributed to the sales tally with 785 units, TKM said.
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