Toyota Kirloskar sales down by 2% in May

Toyota Kirloskar Motor (TKM) reported marginal 2 percent decline in total sales at 12,965 units in May 2015. It had sold 13,228 units during the same month last year.

In the domestic market, TKM sold 11,511 units in May 2015 as compared to 11,831 units in the same month last year 2014, the company said in a statement.

"There was limited production this month on account of planned annual plant shut down scheduled from 29th May to 6th June, for regular maintenance. The impact will thus be felt in the next month's production as well," TKM said.

The company exported 1,448 units of Etios series in May this year. TKM launched all New Camry on April 30 and has sold 107 units this month, registering a growth of 51 percent, when compared to the same period last year. The company received 251 customer orders since launch which is 35 percent of the total Camry sales last year.

"The newly launched Camry has shown great success and acceptance by customers this month. The Hybrid market though still at a nascent stage is beginning to gain popularity among Indian customers," Toyota Kirloskar Motor Senior Vice - President, Sales and Marketing N Raja said.