India's Automobile Export Boom: Hyundai, Maruti Suzuki Lead the Pack
The Indian automobile industry has experienced a 12-month lull, with only a few companies bucking the trend by exporting more cars than their domestic sales. Hyundai stands at the top, exporting 191,000 units from its Indian production arm. Maruti Suzuki follows closely, with 122,000 units exported. Meanwhile, Nissan exported over 70% of its 167,000 units produced in India, while Ford and Volkswagen exported 52% and 60% of their respective outputs. Volkswagen, however, had the lowest domestic sales, with only 45,000 units sold in the domestic market. Tata Motors, on the other hand, fared poorly, with only 4,000 units exported out of a total of 166,000 produced.
Key Takeaways:
- Hyundai is the top car exporter from India, with 191,000 units exported.
- Maruti Suzuki is second, with 122,000 units exported.
- Nissan exported 70% of its 167,000 units produced in India.
- Ford exports 52% of its 157,000 cars produced in India.
- Volkswagen exports nearly 60% of its production, but had the lowest domestic sales with only 45,000 units sold.
- Tata Motors fared poorly, with only 4,000 units exported out of 166,000 produced.
- India exported nearly 20% of the passenger cars it produced during the financial year 2014-15.
- Volkswagen exported 56,000 units of its Vento, while Nissan shipped 76,000 units of Micra overseas.
Statistics:
- 191,000 units exported by Hyundai from its Indian production arm.
- 122,000 units exported by Maruti Suzuki.
- 167,000 units produced by Nissan in India, with over 70% exported.
- 157,000 cars produced by Ford in India, with 52% exported.
- 110,000 units produced by Volkswagen in India in 2014-15, with only 45,000 units sold domestically.
- 166,000 units produced by Tata Motors, with only 4,000 units exported.
- 20% of passenger cars produced in India exported during the financial year 2014-15.
- 56,000 units of Volkswagen's Vento exported.
- 76,000 units of Nissan's Micra shipped overseas.
Sources:
- "Hyundai, Maruti Suzuki, others: Exporting more, selling less" (Car Trade India)
- HT Syndication ( Syndigate.info)