Page 2 - Car Exports
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
 "Maruti on course to become India's highest car exporter in FY22")
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
 "Hyundai Creta tops SUV exports from India in 2021 with 32,799 units")
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
 "Automobile exports reach $23.6 billion in H1 2021, highest in 7 years")
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
 "India topped 2020 vehicle imports into South Africa despite Covid-19 impact")
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
 "Southern Railways sends cars from Chennai to Nepal for the first time")
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
 "Maruti Suzuki sales dip 1% in February to 147,110 units, exports up 7.1%")
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
 "Hyundai February sales dip 10% to 48,910 units; exports down 22%")
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
 "Car exports move into lower gear as more nations move towards protectionism")
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
 "Maruti, Bajaj Auto exports hit as Sri Lanka, Nepal turn on credit squeeze")
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 gain speed, on track in FY17")
Car exports decline nearly 4% in Apr-Feb period
Challenges in top export markets contribute to car exports dip
 "Car exports decline nearly 4% in Apr-Feb period")
