Car Exports

Maruti Suzuki India crosses 2.5 mn units milestone of cumulative exports

Automaker Maruti Suzuki India Ltd on Wednesday said it has crossed the 25 lakh units milestone of cumulative exports since starting overseas shipments in 1986-87. The company, which started exports with shipments to neighbouring markets like Bangladesh and Nepal in 1986-87, said it currently exports to nearly 100 countries, including markets in Africa, Latin America, Asia, and the Middle East. The 2.5 millionth landmark vehicle is a Maruti Suzuki Baleno, shipped from Gujarat's Mundra Port to Latin America, the company said in a statement. "The landmark export of 2.5 million vehicles stands as a testimony to India's manufacturing prowess. This feat demonstrates Maruti Suzuki's resolute commitment to the Government of India's flagship Make-in-India initiative, and furthering the government's efforts to enhance vehicle exports," Maruti Suzuki India Managing Director & CEO Hisashi Takeuchi said. Maruti Suzuki's first big consignment of 500 cars was shipped to Hungary in September ...

Renault Nissan inks agreement with Kamarajar Port for car shipments

So far, over more than 13 years, the Alliance has exported over 1.15 million cars from Kamarajar Port to around 108 global destinations

Iran govt signs $300 million MoU for car exports to Russia: Report

Iran has signed a Memorandum of Understanding valued at $300 million with Russia for car exports to the country, semi-official Fars news agency reported

Hyundai total sales at 51,263 units in May; exports at 8,970 units

The company's two plants in Chennai observed the scheduled biannual maintenance shutdown leading to no production for six days in the month (May 16-21), the automaker said in a statement.

Car, two-wheeler exports soar in FY22 amid chip crunch, falling rupee

Shipments of Maruti Suzuki and Bajaj Auto vehicles see record jump

Maruti on course to become India's highest car exporter in FY22

The feat has been achieved after a gap of 11 years with new Baleno leading the pack

Hyundai Creta tops SUV exports from India in 2021 with 32,799 units

Hyundai Motor India on Tuesday said its model Creta has led the SUV exports from India in 2021 with dispatches of 32,799 units. Overseas shipments of the model grew 26.17 per cent year-on-year over 2020 when it had dispatched 25 995 units. In total, the automaker noted that it exported 42,238 SUVs last year. "Ever since its global debut, Creta has been a runaway success in domestic and international markets alike. It has been successful in evoking aspirations and has stood the test of time by retaining customer appreciation, thereby playing a strategic role in Hyundai's Global SUV portfolio," Hyundai Motor India Ltd (HMIL) MD & CEO Un Soo Kim said in a statement. With Creta being the most exported SUV from India, it makes Hyundai one of the most loved SUV brands across the company's overseas markets as well, he added. Besides Creta, the automaker exported 7,698 units of Venue and 1,741 units of Creta Grand (Alcazar). Overall, HMIL registered cumulative exports of 1,30,380 units i

Automobile exports reach $23.6 billion in H1 2021, highest in 7 years

Automobile exports in the first half of 2021 achieved the highest performance in seven years despite difficulties in procurement automobile components due to Covid-19 outbreak

India topped 2020 vehicle imports into South Africa despite Covid-19 impact

India was the top country of origin for vehicle imports into South Africa despite the lengthy Covid lockdowns and overall declines in vehicle sales in 2020, according to the latest 2021 auto report

Southern Railways sends cars from Chennai to Nepal for the first time

125 vehicles of Hyundai were moved from Walajabad to Nautanwa, UP, which is close to the Nepal border. The cargo has generated a revenue of Rs 18.27 lakh for Railways

Maruti Suzuki sales dip 1% in February to 147,110 units, exports up 7.1%

Domestic sales dropped 1.6 per cent to 1,36,849 units last month as against 1,39,100 units in February 2019

Hyundai February sales dip 10% to 48,910 units; exports down 22%

The company had sold 54,518 units in the same month last year

Car exports move into lower gear as more nations move towards protectionism

The country's largest car maker and third largest exporter, Maruti Suzuki, has seen its export dip 14 per cent to 77,258 vehicles this year

Maruti, Bajaj Auto exports hit as Sri Lanka, Nepal turn on credit squeeze

The duty structure changed from being based on the import price to being based on engine capacity

Car exports gain speed, on track in FY17

In the first eight months of FY17, exports have grown about 16 per cent to 499,037 vehicles

Car exports decline nearly 4% in Apr-Feb period

Challenges in top export markets contribute to car exports dip