Auto Exports increased BY 63%

Indian auto exports increased by 63% in passenger car sales in the overseas market during the month of April to January in the current financial year.

According to SIAM, Exports of passenger cars reached up by 2,71,999 units, during the 10 month’s period of the fiscal. In the month of January car exports grew up by 12.49% to 21530 units.

The reason of export growth in the 10-month period is good response from people towards new models of auto manufacturers like Hyundai Motor India. The trend followed by other car manufacturers like Maruti Suzuki India, Mahindra Renault, Fiat India Automobiles, General Motors India and Honda Siel Cars India.Hyundai Motors India ,the largest car exporter of India increases it’s exports by 91.13% to 2,14,900 units in current financial year.