Toyota Kirloskar Motor sales decline by 9 percent in January

Toyota Kirloskar Motor (TKM) on Friday reported a 9 percent decline in total vehicle sales in January to 12,067 units, compared with 13,239 units in the same month last year.

Commenting on the sales performance, TKM Deputy Managing Director N Raja said: “With the closure of special offers/year-end schemes, the buying sentiment has witnessed a dip this month.

The tightening of vehicle financing availability has also added to the challenges in the market