Toyota sold 11,284 units in February 2014

Toyota sold 11,284 units in Feb 2014 compared to 13,979 units in Feb 2013, registering de-growth of 19%. The domestic sales were 10,100 units in February 2014, which decline by 21% in comparison with 12,756 units sold in February 2013. The company exported 1,184 units of Etios series last month.

Mr. N Raja, Senior Vice – President, Sales and Marketing said “The excise duty cut was a welcome step taken by the Govt to revive sale. However, other factors like high interest rate, falling rupee and unstable fuel pricing still loom large in the market."

Source – ACG, Company

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