India’s auto exports were affected in August because there were not enough ships available to carry vehicles to overseas markets.
Maruti Suzuki and Hyundai Motor India both said their shipments were hit by the shortage. The companies said demand for their vehicles remains strong.
The problem is that the ships needed to move the cars from Indian ports are not available in enough numbers.
“Demand is strong in all our markets. The supply exists. We have cars at the port. It’s the ships that are not available to carry the cars from the Indian port to the export port,” Rahul Bharti, Senior Executive Officer, Corporate Affairs at Maruti Suzuki,…