Toyota Kirloskar Motor sales down 33% at 9,579 units in Jan

Toyota Kirloskar Motor (TKM) on Monday reported 33.31 percent decline in vehicles sales at 9,579 units in January as against 14,364 units in the same month last year. The company sold 8,793 units in the domestic market compared with 12,650 units in the same month last year, down 30.49 percent, TKM said in a statement. Exports during the month declined by 54.14 percent to 786 units from 1,714 units in the year-ago month.

"Our monthly sales have been affected and part of it is a repercussion of the recent ban on registration of diesel vehicles with engine capacity of more than 2000cc in Delhi & NCR," said N Raja, Director and Senior Vice President, Sales & Marketing, Toyota Kirloskar Motor. The NCR region contributes to the extent of around 1,000 vehicles, which comprises of the Innova and the Fortuner, he added.