<p>According to the Society of Indian Automobile Manufacturers (SIAM), overall auto exports in July, 2009, stood at 1,39,887 units.During the month, motorcycle exports rose substantially. Most of Indian two-wheeler makers' overseas sales came from neighbouring countries.<br /><br />Total bike exports increased by 45.55 per cent to 1,30,148 units in July from 89,420 units in the same month of 2009, SIAM said.<br /><br />Bajaj Auto exported 87,643 units in July this year as against 59,002 units in the same month last year, translating into a growth of 48.54 per cent, SIAM said.Domestic market leader Hero Honda exported 11,827 units, registering a growth of 75.65 per cent over the year-ago period's overseas sales of 6,772 units.<br /><br />Chennai-based TVS Motor Company also sold 54.87 per cent more motorcycles in overseas markets in July, 2010, at 17,163 units, as against 11,082 units in the same month last year.<br /><br />However, exports of passenger cars from India slowed down and witnessed just a 2.12 per cent increase to 34,219 units compared to 33,506 units in the year-ago period, mainly due to slackening demand from Europe.<br /><br />The country's largest exporter Hyundai Motor India's overseas sales in July declined by 3.36 per cent to 21,600 units from 22,350 units in the corresponding month last year.<br />Domestic market leader Maruti Suzuki's exports remained flat at 10,595 units in July as against 10,432 units in the same month of 2009.<br /><br />For Indian car exporters, the European nations are major destinations.The country's cars exports had registered a robust growth of 33.23 per cent in 2009-10, at a time when many major global auto markets witnessed a decline.<br /><br />The growth was fuelled by a scrappage scheme that was given by many European nations during the 2009-10 fiscal to boost small car sales. Under the scheme, various governments had offered incentives to buy new cars in exchange of old ones.<br />However, the funds under that scheme were eventually exhausted and the demand for small cars started to weaken.</p>
<p>According to the Society of Indian Automobile Manufacturers (SIAM), overall auto exports in July, 2009, stood at 1,39,887 units.During the month, motorcycle exports rose substantially. Most of Indian two-wheeler makers' overseas sales came from neighbouring countries.<br /><br />Total bike exports increased by 45.55 per cent to 1,30,148 units in July from 89,420 units in the same month of 2009, SIAM said.<br /><br />Bajaj Auto exported 87,643 units in July this year as against 59,002 units in the same month last year, translating into a growth of 48.54 per cent, SIAM said.Domestic market leader Hero Honda exported 11,827 units, registering a growth of 75.65 per cent over the year-ago period's overseas sales of 6,772 units.<br /><br />Chennai-based TVS Motor Company also sold 54.87 per cent more motorcycles in overseas markets in July, 2010, at 17,163 units, as against 11,082 units in the same month last year.<br /><br />However, exports of passenger cars from India slowed down and witnessed just a 2.12 per cent increase to 34,219 units compared to 33,506 units in the year-ago period, mainly due to slackening demand from Europe.<br /><br />The country's largest exporter Hyundai Motor India's overseas sales in July declined by 3.36 per cent to 21,600 units from 22,350 units in the corresponding month last year.<br />Domestic market leader Maruti Suzuki's exports remained flat at 10,595 units in July as against 10,432 units in the same month of 2009.<br /><br />For Indian car exporters, the European nations are major destinations.The country's cars exports had registered a robust growth of 33.23 per cent in 2009-10, at a time when many major global auto markets witnessed a decline.<br /><br />The growth was fuelled by a scrappage scheme that was given by many European nations during the 2009-10 fiscal to boost small car sales. Under the scheme, various governments had offered incentives to buy new cars in exchange of old ones.<br />However, the funds under that scheme were eventually exhausted and the demand for small cars started to weaken.</p>