According to industry sources on Wednesday, the Korea Automobile & Mobility Industry Association estimates annual car exports at around 2.71-2.72 million units, down about 2.3 to 2.6 per cent from last year's 2.782 million units.
Speaking exclusively to ANI, Ajai Sahai, Director General and CEO of FIEO, said car exports to the US are insignificant, so it won't have much impact on Indian automakers.
Iran Khodro Industrial Group (IKCO), Iran's largest automobile manufacturer, is aiming for expansion of its automotive business to additional nations despite the US sanctions, following its successful car exports to Russia and has now set its sights on India.
Moscow [Russia], October 8 (ANI/Sputnik): Russia will begin exporting its premium car Aurus to the countries of the Middle East and North Africa next year, Adil Shirinov, the company's CEO, told reporters on Friday.
New Delhi [India], Sep 19 (ANI): Maruti Suzuki said on Thursday it has achieved the milestone of one millionth car exports from the Mundra Port in Gujarat.
New Delhi, July 12 (ANI): Data accessed from the Pakistan Automotive Manufacturers Association reveals an embarrassing statistic for the automotive industry in Pakistan.