Toyota Kirloskar Motor sells 10,883 units in December, down 11% YoY

Toyota Kirloskar Motor (TKM) sold 10,883 units in the domestic market (including exports) in December 2015, down 11.04 percent compared to a year ago (December 2014: 11,738 units).

The decline in sales is mainly due to the ban on registration of diesel vehicles with engine capacity of more than 2000cc in Delhi & NCR where Toyota is significantly present apart from the floods in Chennai and car buyers postponing their purchases to the new year.

As for the calendar year, the carmaker sold a total of 139,815 units in 2015, registering a cumulative growth of 5% YoY (2014: 132,673 units).

The Toyota Camry registered a cumulative growth of 42% in the year 2015 compared to the same period last year. The new Toyota Camry, launched in April 2015 constituted 86% of the total Camry sales in 2015. Almost 90% of this sale can be attributed to Camry Hybrid alone.

The Toyota Etios series also clocked a cumulative growth of 12% in the year 2015 when compared to total sales of Etios series in 2014.

Commenting on the sales, N Raja, director and senior VP, sales and marketing said, "We have a seen a cumulative growth of 5% in  the calendar year 2015 when compared to the sales in the same period last year. The growth would have been higher if we didn’t have to face few challenges like the ban on registration of diesel vehicles in Delhi & NCR and the flood situation in Chennai".

Read more: Toyota Kirloskar Motor sales down 15% in November 2015