India's automobile exports fell by 21% in the past year, attributed to ongoing monetary and geopolitical challenges in various overseas markets, according to the latest SIAM data.
Moneyconrol's Shraddha Sharma brings you the key takeaways from the latest report released by the Society of Indian Automobile Manufacturers (SIAM).
Monthly automobile sales growth rate in India slipped to a 16-year-low in December with total vehicle sales declining by 18.66 per cent as demonetisation hits the industry hard.
Chennai is the Detroit of South Asia and home to a slew of car-makers, including Ford, Hyundai, Nissan, Benz. But it's also a lot more- it is an export hub for these car-makers.