Company had sold 8,511 units in the domestic market in January last year
TKM exported 1,346 units of the Etios series last month as against 441 units in December 2015
TKM currently sells a range of vehicles from hatchback Liva with starting price of Rs 5.39 lakh to premium SUV Land Cruiser 200 tagged at Rs 1.34 crore (ex-showroom Delhi). "There has been an increase in pricing of raw material commodities like steel, aluminium, copper and rubber over a period of the last six months and this puts a lot of pressure on us as all this has been leading to a higher input cost on our end," Toyota Kirloskar Motor Director and Senior Vice President (Marketing and Sales) N Raja said in a statement. Another factor leading to higher input cost is the appreciation of the yen in the international market, which has increased the cost of parts that the company imports from Japan, he added. The price hike will be effective from January 1, 2017, the company said. TKM currently sells a range of vehicles from hatchback Liva with starting price of Rs 5.39 lakh to premium SUV Land Cruiser 200 tagged at Rs 1.34 crore (ex-showroom ...
Toyota Kirloskar Motor on Tuesday reported a 6.06% decline in domestic sales at 11,651 units in October.
Orders for Innova Crysta diesel cars rose in Delhi after the lifting of a diesel ban on 2000cc and above powered engines
However, exports in August declined by 10.24 per cent
The recently launched Innova Crysta clocked sales of 7,800 units last month
Facility is the first GD engine plant of Toyota in India and third globally, after Japan and Thailand
The company says if the ban on diesel vehicles continues, around 13% of its sales will be hit
Compact SUV segment has emerged strongly in past couple of years owing to increased demand from car buyers
Exports during the month declined by 38.77 per cent to 903 units from 1,475 units in the year-ago month.