Chennai, Jan 1 (IANS): Indo-Japanese joint venture car maker Toyota Kirloskar Motor on Friday said it closed last month's sales at 7,487 units.

In a statement the company said it sold 7,487 units last month up from 6,544 units sold in during the corresponding period previous year.

"As we wrap up the year, we are happy to have registered a 14 per cent growth in wholesales in December 2020, when compared to sales in the same period in 2019. We have also managed to retain more than 6 per cent growth in wholesales in the last quarter of calendar year 2020, when compared to the last quarter of 2019," Naveen Soni, Senior Vice President said.

The company will be launching new Fortuner next week.

"The year 2020 has been one with several challenges as well as significant learnings and the entire sector has emerged stronger with greater focus on localization and digitalization," he added.

According to Soni, the current economic revival is likely to help sustain the sales momentum in 2021 and a 'V' shaped economic recovery will help the industry to bounce back.