Toyota India to double sales in 2011 on the back of Etios
Unabashed by the crisis that hit the company’s US operations, Toyota Kirloskar Motors(TKM), the Japanese carmaker’s Indian subsidiary, is bullish on doubling its sales in 2011 from an estimated 70,000 units this year on the back of its upcoming B segment car, the Etios. Etios will also be the first car that Toyota will export from its Indian operations.
The company had sold 55,497 units in the country in 2009 calendar year , which was mainly led by Innova sales. The popular sports utility vehicle(SUV) from the Toyota stable sold around 42,700 units as against 9100 units of the Corolla and 3150 units of the Fortuner. “We hope to sell around 70,000 units of the Etios only in 2011, taking our net sales to well above 1.4 lakh units”, informed Koji Nagata, executive managing coordinator and director(marketing), TKM.
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