Toyota grows by 26% in August 2010
The Indian arm of the global market leader, Toyota that operates in a JV agreement with the Kirloskar Group in the Indian market, Toyota Kirloskar Motor has recently said that the company has been able to maintain the growth momentum that it has carrying for the past many months now.
In fact, the company said in a release issued that it has filed a growth of over 26% in the month of August 2010 by selling close to 6 361 units in August 2010 against 5045 units in August last year.
It is to be mentioned here that the company has been one a high since the beginning of this calendar year.
For the uninitiated, the company filed a growth of 62% from January to August 2010, over the same period last year. Sandeep Singh, Deputy Managing Director-Marketing TKM, said that the recently launched Altis Diesel has been very well received in the Indian market and the company has also recently celebrated the first anniversary of Fortuner in the Indian market.
Notably, Fortuner has been an instant success in the Indian market and the company is trying to meet the high demand of the Indian consumer.