Passenger car exports from India fell down by 7.21 per cent in August, as auto makers shifted their focus to domestic car demand, while the international market is yet to pick up. According to statistics released by SIAM, passenger car exports in August were at 37,952 units, as against 40,901 units in the same month last year.
“The decline in export is understandable, as companies have decided to focus on meeting the domestic demand,” SIAM Director General Vishnu Mathur said.
Domestic car sales grew 33.24 per cent to 1,60,794 units in August, against 1,20,681 units in the same month last year.
India’s biggest exporter, Hyundai Motor India, registered a decline of 12.28 per cent in August at 22,035 units, as against 25,120 units in the year ago month. Maruti Suzuki India saw its exports fall down by 18.4 per cent at 11,972 units from 14,672 units in August last year, SIAM said. Nissan Motor India sold 1,469 units of the recently launched Micra in overseas market in August.
Ford India registered an over nine-fold jump in exports at 983 units in August, compared to 105 units in the same month last year.