After a gap of almost four year, the leading Indian car manufacturer Maruti Suzuki has re-started its small car exports to Europe. The company aims to export 1,50,000 cars in financial year 2010-11.
According to Shinzo Nakanish, Managing Director and CEO, MSIL (Maruti Suzuki India Ltd.), “The company has re-started the export to Europe by sending the first shipment of the global car A-star. This clearly reveals the Suzuki's reentry into the Europe's small car segment”.
The first consignment of the A-star which includes 1,534 units would reach the European car market by February 2009. The Indian car leader had started car export to Europe in 1985-86 but in the year 2004 it was stopped. More than 552,000 cars cumulatively with about 280,000 units to Europe and Israel were exported. The company has exported close to 44,870 units across the world excluding Europe in the current financial year.