Japanese auto giant - Toyota Kirloskar Motor has announced that it has sold 11,284 units in the month of February 2014 as compared to 13,979 units in Feb 2013. As per the company, they exported 1,184 units of Etios series in the same month.
In the domestic market Toyota sold 10,100 units as compared to 12,756 units for the same period. "“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.", commented N Raja, Senior Vice - President, Sales and Marketing on this report.