Toyota Kirloskar posts 3% rise in Feb sales to 11,864 units

Image
Press Trust of India Mumbai
Last Updated : Feb 28 2018 | 7:45 PM IST
Japanese automobile giant Toyota Kirloskar Motor today reported a 3 per cent increase in domestic sales at 11,864 units in February.
The company had sold 11,543 units in the domestic market in February last year.
Toyota Kirloskar Motor sold a total of 12,705 units in February, which included 11,864 vehicles in the domestic market and exports of 841 units of the Etios series, the company said in a release.
The overall sales, including exports, however, rose 4.88 per cent in the reporting month.
"We have been able to sustain the positive growth trend registering a 3 per cent rise in (domestic) sales in February. We have started the year on a positive note with a cumulative growth of 11 per cent in the first two months of 2018," N Raja, deputy managing director, Toyota Kirloskar Motor said.
The company said that it plans to launch its mid-sized premium sedan Yaris, which was showcased at the recently concluded Auto Expo, in May.
"We will further strengthen focus on our segment leading products Fortuner, Innova Crysta and Corolla with better operational efficiency," the release said.
Stating that the National Auto Policy Draft has been very encouraging with a clear focus and push towards 'technology agnostic' green mobility roadmap, the company said it is optimistic that such measures to promote cleaner and greener technologies will further promote the hybrid technology and rationalise the GST structure for automobiles.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 28 2018 | 7:45 PM IST

Next Story