Toyota Kirloskar domestic sales down 37% in April

Toyota Kirloskar Motor today reported 37.36 percent decline in its domestic car sales at 9,007 units in April, 2013. The company had sold 14,378 units in the corresponding month of last year, Toyota Kirloskar Motor (TKM) said in a statement.

During the month, the company exported 1,449 units of Etios series to South Africa, and hence the total sales registered in April this year stood at 10,456 units.

Also read:  TVS Motor sales down 6.4% in Apr

Commenting on sales, TKM Deputy Managing Director and COO(Marketing and Commercial) Sandeep Singh said: "The market continues to be sluggish and is expected to take some time to revive. We have taken measures to reduce inventory, both at our and at the dealers end."

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