Toyota Kirloskar sales up 49 pc

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Toyota Kirloskar Motor (TKM) on Tuesday reported 49 per cent increase in car sales at 14,378 units during April, 2012.

It had sold 9,681 units in April last year, TKM said in a statement. TKM, a joint venture between the world's largest carmaker Toyota and the Kirloskar Group, said however that consumer sentiment does not appear to be positive.

"The Etios series, Innova, Fortuner continue to register growth in April. However, the market sentiments seem to be low with the enquiry levels having gone down across the industry," TKM Deputy Managing Director (Marketing) Sandeep Singh said.

TKM's Etios registered a 21 per cent growth with sales of 5,624 units compared to 4,657 units in April 2011.

The New Innova sold 6,582 units last month against 3,464 units in April last year, a growth of 90 per cent. The New Fortuner sold 1,270 units, up 72 per cent over 739 units in the same month last year, while the Corolla Altis sold 881 units.