Toyota sees a decline in sales by 19% in June'13

Toyota Kirloskar Motor (TKM) sold 13,805 units in June 2013 when compared to 17,140 units last year. Sales declined by 19 %. The company exported 2,795 units of the Etios series last month. 

The company sold 11,010 units in the domestic market in June 2013 as compared to 14,700 units in the corresponding month in 2012. 

Commenting on the sales in June 2013, Mr. Sandeep Singh, Deputy Managing Director and Chief Operating Officer, Marketing and Commercial said “The overall weak economic conditions continue to keep the market sentiments low and the market sluggish. We have seen an increase in sales when compared to last month. We have been able to keep the inventory levels low, both at TKM and dealer’s end. We hope to see the market improve after the monsoon and during the festive season.