Skip to content
Search

Latest Stories

India's PV exports saw marginal growth in 2019-20: SIAM

Passenger vehicle (PV) exports from India saw a marginal rise during 2019-20, with Hyundai leading the segment with dispatches to various global markets, as per the latest data by the industry body.

PV exports stood at 6,77,311 units in FY20 as against 6,76,192 units in 2018-19, a marginal growth of 0.17 per cent, the Society of Indian Automobile Manufacturers' (SIAM) data showed.


Car shipments, however, saw a 4.51 per cent decline at 4,90,748 units during the last fiscal, while utility vehicle exports saw an increase of 16.06 per cent at 1,83,671 units during the period.

Vans witnessed a 28.22 per cent decline in exports at 2,892 units during the period under review as compared with 4,029 units in 2018-19.

Hyundai Motor India Ltd (HMIL) led the segment, followed by Ford India and Maruti Suzuki India (MSI).

Hyundai exported 1,69,861 units to overseas markets during the last fiscal, up 4.78 per cent from a year earlier.

Ford India's overseas dispatches stood at 1,31,476 units during 2019-20, down by 19.24 per cent from the year-ago period.

On the other hand, domestic car market leader MSI exported 1,00,294 units across global markets, down 5.83 per cent from the 2018-19 fiscal.

Nissan Motor India exported 79,479 units last fiscal, up 37.87 per cent from 2018-19.

Similarly, General Motors India, which has ceased selling vehicles in the domestic market, shipped out 69,933 units during the period, down 9.57 per cent.

Volkswagen India exported 55,617 units last financial year, a dip of 10 per cent from the year-ago period.

Kia Motors shipped out 21, 461 units in 2019-20, followed by Renault which exported 15,901 units, up 36.06 per cent as compared with 2018-19.

It was followed by home grown auto major Mahindra & Mahindra which exported 11,365 units during the period under review.

Toyota Kirloskar Motor dispatched 11,771 units last fiscal, while Honda Cars India exported 3,774 units to global markets.

Besides, FCA India shipped out 3,773 units while Tata Motors dispatched 2,383  vehicles last financial year.

Vehicle exports fared better as compared with domestic sales last fiscal.

In 2019-20, the passenger vehicle sales saw a decline of 17.82 per cent to 27,75,679 units as compared with 33,77,389 units in the previous fiscal.

Similarly, total sales across categories last fiscal declined by 17.96 per cent to 2,15,48,494 units as compared with 2,62,66,179 units in 2018-19.

More For You

Jio Platforms

Jio Platforms includes India’s largest telecom operator, Reliance Jio Infocomm, with more than 500 million users. (Photo: Reuters)

Reuters

Jio IPO planned for mid-2026, AI unit announced with Meta and Google

RELIANCE Industries plans to take its telecom and digital arm, Jio Platforms, public by mid-2026, chairman Mukesh Ambani said on Friday. The announcement sets a new timeline for the long-awaited IPO of a business analysts value at over $100 billion.

At its annual general meeting (AGM), Reliance also announced the launch of an artificial intelligence unit in partnership with Google and Meta.

Keep ReadingShow less
Asda tech overhaul

Asda sales fell 0.2 per cent in the three months to June 30, 2025 (AFP via Getty Images)

AFP via Getty Images

Asda boss hails tech overhaul as key to revival despite sales slump

THE chairman of Asda has admitted the supermarket chain still faces challenges after sales slipped again over the summer, but said the completion of a major IT overhaul was crucial for its recovery.

Allan Leighton told the Times that the long-delayed technology project, called Project Future, had finally been finished after years of setbacks and costs exceeding £1 billion. The work involved separating more than 2,500 systems inherited from former owner Walmart, following Asda’s 2021 takeover by TDR Capital.

Keep ReadingShow less
JLR-Getty

A logo is pictured outside a Jaguar Land Rover new car show room in Tonbridge, south east England. (Photo: Getty Images)

Getty Images

UK car exports to US rebound after trade deal

UK VEHICLE exports to the United States rose in July after a new trade deal between London and Washington reduced tariffs, industry data showed on Thursday.

According to the Society of Motor Manufacturers and Traders (SMMT), exports increased 6.8 per cent in July to nearly 10,000 units, following three consecutive months of decline.

Keep ReadingShow less
Relatives of jailed Briton appeal to UK minister in AgustaWestland row

Christian Michel

Relatives of jailed Briton appeal to UK minister in AgustaWestland row

THE family of Christian Michel, the British businessman accused of acting as a middleman in the AgustaWestland VVIP helicopter deal, has appealed to the UK government to push for his release from Delhi’s Tihar Jail.

Michel’s relatives met Foreign Office minister Catherine West in London on Tuesday (26). The Foreign, Commonwealth and Development Office (FCDO) said the minister listened to their concerns and updated them on ongoing steps being taken.

Keep ReadingShow less
Blackburn loses Issa empire as brothers move EG Group to US

Zuber and Mohsin Issa (Photo: LDRS)

Blackburn loses Issa empire as brothers move EG Group to US

ASIAN entrepreneurs Mohsin and Zuber Issa are moving the headquarters of their global forecourt company, EG Group, from Blackburn to the US in preparation for a major stock market listing in New York.

The firm confirmed that its main office will relocate to Charlotte, North Carolina, while a new base in Bolton, Greater Manchester, will handle its remaining UK operations, the Telegraph reported. The change brings an end to almost 25 years of the company being run from Blackburn.

Keep ReadingShow less