[civic-sense]

Good job Ford!

Indian arm of American car manufacturer Ford has become the largest exporter of cars and SUVs in the month of December 2016, beating down the local units of Korean car manufacturer Hyundai Motor India which has been the leader in passenger vehicle exports.

The American automaker exported 17,904 units in December 2016 compared to 4941 units in the same month in 2015, registering a spike of 262.36 percent. Hyundai, on the other hand, exported 17,107 units in the last month compared to 22,273 units in December 2015. The export of the carmaker declined by 23.19 percent.

Src: http://auto.economictimes.indiatimes...india/56444176

[narayan]

Giving due credit to Ford, point to note is that Hyundai announced last year their intent to consistently reduce exports to free up capacity for the local market ( because they don't want to invest in additional capacity in Chennai anymore ). The export markets that India catered to have been taken over by Turkey largely.

The Renault - Nissan alliance is one group that hasn't been able to meet its projected export numbers at all yet. I think they have got the product mix messed up.

[deerhunter]

Originally Posted by narayan

Giving due credit to Ford, point to note is that Hyundai announced last year their intent to consistently reduce exports to free up capacity for the local market ( because they don't want to invest in additional capacity in Chennai anymore ).

The export growth clearly identifies this. Hyundai posted a 23% reduction in exports than last year. Given how successful the company is globally, and in India, the only probable reason for this negative growth is their conscious decision to reduce exports from India.

But Ford has played it well. With falling sales in their Indian portfolio, they are maintaining their production by diverting the capacity to exports. Good job.

[volkman10]

The top 3 players constitute ~ 60% of the export volumes.

Exports from India have grew at at YoY pace of >16% when compared to YoY Domestic Sales Growth of >9%.

Ford, VW and GM seem to concentrate more on the export markets than the domestic!



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[volkman10]

Here are some Auto companies in India who thrive on exports.

The Top 5 Exporters included OEMs such as Ford, Nissan & VW whose Indian sales are far from being satisfactory.



And here are the top models that are exported,




Source- Auto Punditz

[ashwin49]

The Vento figures now are making lot of sense to me. I was in the market looking for a sedan and loved the DSG TSI. Despite selling few hundred Ventos in India , I was surprised at the +2 month wait time stated by the dealership. If you look at the average number for the vento , this comes to about ~ 6k a month which is exactly equal to the segment toppers like the City and Ciaz.

This clearly indicates that the tax treatment of cars makes business worse when selling in the domestic market and hence manufacturers are preferring to export certain models. Its indeed very sad as the choice in certain segments of the markets is extremely low.

[volkman10]

Surviving due to exports? Here are the May-17 Numbers.

What is VW's plan, going forward for exports ? Will it continue to export the outdated Vento and Polo, with no plans seen on the MQB platform of products ? Will their export fizzle out in months to come ?



link

[volkman10]

Ford's export from India to take a hit.

EcoSport production to be moved from India to Romania .

Product planning on a global basis has certainly led to some below-par models such as the EcoSport SUV engineered in Brazil, built in India and not up to European standards.

link

[volkman10]

GM India begins exports of Chevrolet Beat sedan to Latin America .

With GM's pullout from the domestic market to focus solely on export of Indian-made cars, these cars will be produced at the Talegaon plant for overseas markets.

A consignment of 1,200 Chevrolet Beat sedans was today loaded for shipping to Latin America, following the start of production on June 5, 2017.

Link

[Rehaan]

Ford edges ahead of Hyundai in car exports from India

Ford’s car exports from India rose 54% y-o-y to 48,971 units in the June quarter, compared to 33,158 units exported by Hyundai—a decline of 16.65% y-o-y

http://www.livemint.com/Industry/CY9...rom-India.html

[volkman10]

Q1 FY'18 shows how Ford, GM, VW, Nissan excel in exports and are less concerned on domestic sales.




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[volkman10]

Domestic sale Vs Exports Analysis - FY 19

-Export Statistics is no different from the domestic sales, shows a de-growth

- The Domestic volumes have grown by a meager 3.27% in the past 11 months and Exports have dropped by a hefty -10% in the same timeline.

- Hyundai topples Ford to be the leader in Exports, ahead of Ford with a margin of just 1,573 units.

-Ford exports almost 1.7 times the volumes that it actually sells in the country. Capacity utilization thus minimizing losses.

- Similar to Ford, OEMs whose exports are higher than the domestic sales are – GM, VW & Nissan.

-Maruti Suzuki’s export numbers are minuscule when compared to its domestic volumes. Expectations are high on exports when the expansion plans kicks in.



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