Toyota Kirloskar May sales jump 54 per cent

Carmaker Toyota Kirloskar Motor on Tuesday reported 54.18 per cent jump in sales at 6,050 units for May.

The company had sold 3,924 units in the corresponding month last year, Toyota Kirloskar Motor (TKM) said in a statement.

“We are happy with the consistent growth in sales that we have been registering, especially as the Innova, Corolla and Fortuner maintain market leadership in their respective segments,” TKM Deputy Managing Director (Marketing) Sandeep Singh said.

TKM, a joint venture between the world’s largest carmaker Toyota and the Kirloskar Group, has its manufacturing facility in Bangalore and is currently constructing the second plant at the same location to roll out a small car by early 2011.