A joint venture between Japanese auto major Toyota and Kirloskar Group Toyota Kirloskar Motor is hoping for an increase in sales to be better in 2021.

 Toyota Kirloskar Motor expects its sales to be better on the back of various factors like new product launches and expectations of economic revival. TKM Senior Vice President (Sales and Service) Naveen Soni told PTI, "We would like to believe that demand would carry forward in January as well. We have already introduced three new products and this gives us confidence that 2021 is going to be a better year in terms of sales than 2020."

The company has registered a 6 per cent increase in wholesales in the October-December quarter. It also reported a 14 per cent rise in December wholesales at 7,487 units compared to 6,544 units in the same month last year.

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