TIL Desk/Business/New Delhi/ American car maker Ford produced more cars than Mahindra & Mahindra and Tata Motors in 2016-17 to emerge as the third biggest car maker in the country. Ford India produced 252,959 vehicles in 2016-17, helped by a 43 per cent surge in export volumes. In comparison, M&M produced 242,721 passenger vehicles and Tata Motors 169,599 passenger vehicles.
In 2015-16, Ford had ranked fifth in production after Maruti Suzuki, Hyundai, M&M and Honda Cars. Ford exported more than 62 per cent of its vehicles and accounted for 22 per cent of the 758,830 cars exported by India in 2016-17. The company is now the second biggest car exporter after Hyundai and could well emerge as the biggest this year.
South Korean car maker Hyundai has remained the largest passenger vehicle exporter for the past many years. But with a sharp growth in the last couple of years, Ford has managed to close the gap. In 2016-17, Hyundai exported 167,120 vehicles, growing just 3 per cent over the previous year, while Ford increased shipments by 43 per cent to 158,469 vehicles.
