Passenger Vehicle Exports Statistics – April to July 2020

Maruti Suzuki has emerged as India’s largest passenger vehicle exporter for Apr-July 2020 period. Maruti was marginally ahead by the erstwhile leader Hyundai.

Exports took a major hit this year due to disruption in manufacturing plants owing to lockdowns. Only 77,769 passenger vehicles were exported between Apr-July 2020 timeframe which was -66.8% lower than the same period last year.

*Includes Mahindra Electric
  • While the domestic sales were low; Maruti Suzuki seems to have clearly focused in increasing its exports. It has significantly improved its exports market share from 15.5% last year to 20.6% in FY2021.
  • Hyundai recorded one of the highest YoY degrowth in exports and has lost the highest market share in this financial year.
  • VW has improved its exports market share and was able to overtake the likes of Ford by a small margin (just 6 units).
  • Kia has made a strong entry in exports too! The OEM was able to topple the likes of GM, Nissan & Mahindra in terms of passenger vehicle exports with just 1 model!

Top 25 Exported Passenger Vehicles in India (Apr-July’20) – 

  • VW Vento became India’s highest exported passenger vehicle for FY2021! Around 8,983 units of Vento were exported in the first four months of FY21.
  • Ford Ecosport ranked second with export volumes of 8,850 units in the said timeframe.
  • Kia Seltos was India’s third most exported vehicle for the Financial Year! The Seltos is already being exported to numerous countries in the Middle East, Asia as well as Latin America. Kia is going extremely aggressive in terms of exports too and is planning to export the upcoming Sonet to almost 70 countries in this year!
  • GM’s Talegaon plant is still exporting the Beat and the model ranked fourth in the list. The plant was said to have been sold to the Chinese Great Wall Motors.
  • Verna was Hyundai’s highest exported model and India’s fifth most exported passenger vehicle for FY21.
  • Surprisingly S-Presso was Maruti’s dark horse in terms of exports and almost 4,055 units were exported in the first four months of FY21. The model stood 6th in the list.

Top 25 Cars Exported Cars from India in FY2020

Over 6.7 Lakh Passenger Vehicles were exported from India in FY2019-20 and Top 25 exported vehicles contributed to 93% of the exports!

  • Ford’s Ecosport topped the list with export of over 88k units in FY2019-20. Ecosport has consistently been India’s most exported vehicle for quite some years now. Even in FY19; Ecosport was the highest exported car from India. Made in India Ford cars are exported to over 50 countries across Europe, Middle-East, Sub-Saharan Africa, Asia, and to emerging markets in North America as well as in Australia.
  • GM India primarily remains as an export player with manufacturing plant in Talegaon, Maharashtra. It exported a total of 69,933 Beat hatchbacks, down 9.6% YoY. This is the only model the company produces at the plant, which has huge idle capacity. GM exports the Beat primarily to the Latin American countries.
  • Nissan Motor India – once a strong exporter has only 1 model in the Top 20. The Sunny Sedan makes up the bulk of its export, with 66,667 units and grew 62.9% YoY.
  • Taking prime position in Hyundai Motor India’s exports is the Verna sedan, with shipments of 60,065 units and accounting for 35.36% of the company’s overall exports. Hyundai India currently exports to over 91 countries across Africa, Middle-East, Latin America, Australia and Asia Pacific. While there is a high demand for the Grand i10 and i20 in Africa and Latin America, the Verna is a popular model in the Middle East.
  • India’s Passenger Vehicle market leader Maruti Suzuki is at third position in the export list with shipments of 1,00,294 units (link). And Baleno was Maruti’s highest exported model in FY2020.
  • Kia makes an entry into the Top 10 of this list too! Seltos was the 10th most exported vehicle from India in FY2020. Kia was able to export over 21k units of Seltos in the past 8 months of its operation in India.