MUMBAI – The prestige and performance of its models from Camry and Corolla to Etios and Innova have not been enough to insulate Toyota Kirloskar from tough times in India. Light-vehicle sales by Toyota’s India subsidiary exceeded or matched the industry’s performance since 2010-2012 but have fallen far behind since then. Industry sales declined 7.8% in 2013 and 10.3% in the first three months of 2014, according to WardsAuto data, but Toyota Kirloskar deliveries plunged ...

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