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Exports of passenger vehicles witness decline in Feb
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IANS | 11 Mar, 2023
While the sales of total passenger vehicles were up, its exports recorded a decline in the month of February this year.
As
per the latest data released by the society of Indian automobile
manufacturers (SIAM) on Friday, total passenger vehicles exports were
46,486 in February this year as against 51,213 during the same month
last year.
Similarly, total three-wheeler exports were 19,640 in February this year against 35,997 during the same month last year.
The total two-wheeler exports were at 2,35,087 in February this year against 3,75,689 in February, 2022.
As
per the SIAM data, the total production of passenger vehicles, three
wheelers, two wheelers and quadricycles in the month of February 2023
was 17,54,922 units.
It showed that passenger vehicles sales
were 2,91,928 units in February 2023 as against 2,62,984 in February
2022, registering a considerable growth.
The passenger vehicle
exports were 5,93,074 units in April 2022 - February 2023 as against
5,15,991 in April February 2021-22, while total three-wheeler exports
were 3,46,215 in April-February 2022-23 as against 4,61,195 in
April-February 2021-22.
As per the data, passenger vehicle sales
were 34,61,716 units in April 2022 - February 2023, three-wheeler sales
were 4,34,408 units in April 2022 - February 2023 and two-wheeler sales
were 1,45,71,534 units in April 2022 - February 2023.
SIAM has
said that BMW, Mercedes and Volvo Auto data is not available, while Tata
Motors' data is only available for April-December.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
₹91.2
|
₹89.5 |
UK Pound
|
₹123.35
|
₹119.35 |
Euro
|
₹107
|
₹103.35 |
| Japanese
Yen |
₹57.9 |
₹56.1 |
| As on 22 Jan, 2026 |
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