Toyota car sales dip 4.3% in July

Toyota Kirloskar Motor (TKM) car sales declined 4.3% to 13,847 units in July 2014 compared to 14,470 units in July 2013. The company exported 1,926 units of Etios series last month. However, in the domestic market TKM recorded 3.5% growth in sales at 11,921 units in July 2014 as compared to 11,515 units in 2013.

N Raja, Director and Senior Vice - President, Sales and Marketing said "Both the Corolla Altis and the Etios Cross have been well accepted by the customers. We sold 882 units and 888 units of the Corolla Altis and Etios Cross, respectively. The Innova & Fortuner also continue to maintain leadership position in their respective segments. We look forward to a further improvement in customer's purchasing sentiments with the beginning of the festive season."