Toyota Kirloskar April sales jump 61% to 9,681 units

Car maker Toyota Kirloskar Motor today reported 61% increase in sales during April, 2011 at 9,681 units.

The company had sold 6,001 units in the corresponding month last year.

Toyota Kirloskar Motor (TKM), a joint venture between the Japan's Toyota Motor Corp and the Kirloskar Group, attributed the growth to healthy sales of its latest sedan Etios.

"The growth last month can be attributed to the encouraging sales of Etios. We have so far sold 12,758 units since its launch in December last year," TKM Deputy Managing Director (Marketing) Sandeep Singh said in a statement.

The company sold 4,657 units of the Etios in April, 2011.

The other products showed a drop in sales, a fallout from the production adjustment observed from April 25 to June 4, 2011 in light of the supply difficulties, following the March 11, earthquake and tsunami in Japan, TKM said.

"We have incurred a loss of approximately 2,900 units in April due to the production adjustment. However, the actual impact of the temporary production adjustment will be felt in the month of May, as we will operate at 30% of our normal capacity," Singh added.