Maruti Suzuki India Limited (MSIL), Hyundai Motor India and Toyota Kirloskar Motor (TKM) exported less cars in April 2016 as compared to the corresponding month last year. Ford India, the Indian arm of American carmaker Ford Motor Company, however, managed to buck the trend.
MSIL's outward shipments last month declined 13.7 percent to 9,524 cars from 11,039 units the Gurugram-based company exported in April 2015.
Hyundai Motor India, the wholly-owned subsidiary of Korean carmaker Hyundai, saw exports fall 6.5 percent to 12,069 units in April 2016. The company had shipped 12,904 cars in April 2015.
TKM, makers of Innova Crysta, Camry, Fortuner and Corolla, exported 978 units last month, a sharp fall from 1,334 cars it shipped out in April last year. The company's domestic car sales also dropped this April.
Ford India was an exception among major carmakers, exporting more cars in April 2016. The company's outward shipments stood at 9,939 vehicles in April 2016, 7.06 percent more than 9,284 cars it exported in the corresponding period last year.
Mahindra & Mahindra reported 11 percent increase in exports for April 2016, however, the figure includes commercial vehicles and three wheelers as well.
Details of exports by Renault India and Honda Cars were not available.
Two-wheelers
Bajaj Auto, the Pune-based motorcycle maker, saw exports drop 35.7 percent to 1,03,976 units in April 2016 from 1,61,598 units in April 2015. The numbers also include outward shipments of three-wheelers, since the segment-wise figures are not separately available.
Eicher Motors, which makes Royal Enfield motorcycles, exported 1,160 units, 45 percent more than 800 units it shipped in April last year, according to a company statement.
TVS Motor Company's exports rose 4.8 percent to 24,658 units in April 2016.
