Toyota Kirloskar Motor clocks 11% growth in Jan-Sept 2015

Automobile company Toyota Kirloskar Motor said it has registered an 11 percent growth in sales during January-September 2015 as compared to the corresponding period last year. "We have maintained cumulative growth of 11 percent from January to September 2015 when compared to the industry which has grown 5 percent from January to August in 2015," the company's Director and Senior Vice - President, Sales and Marketing N Raja said. He said that growth can be attributed to the growing popularity of models like the Corolla, the Etios and especially the Camry Hybrid that has been very well accepted by the market.

In September, the company sold 11,401 units in the domestic market and exported 1,252 units of the Etios against 12,542 units sold in the domestic market and 1,502 units of the Etios exported in September 2014, the company said.