Indian car makers had shipped 41,787 units in the same month of the previous year.

In 2014-15, Indian companies exported passenger vehicles (PVs) worth USD 293 million to Algeria. Besides, PVs worth USD 158 million were exported to Sri Lanka. UK shipments accounted for USD 335 million.

In the April-January period this fiscal, car exports have declined by 5.22 percent to 4,39,208 units as against 4,63,391 units in the corresponding period last fiscal.

During January, exports of passenger vehicles, including vans, utility vehicles and cars, declined 6.72 percent at 42,084 units from 45,114 units a year earlier.

During the last month, the country's top car exporter Hyundai Motor India recorded a 56.66 per cent drop in exports to 4,335 units from 10,003 units in January 2015.

Similarly, Maruti Suzuki India's (MSI) exports during the last fiscal declined by 36.25 percent to 6,467 cars compared to 10,145 units in January 2015.

Japanese car maker Nissan also saw its exports decline 11.29 percent to 8,892 units last month from 10,024 units during the year-ago period.

Toyota Kirloskar Motor's exports of passenger cars declined 56.69 percent to 738 units, while Volkswagen reported nearly 14.73 percent decline in shipments to 6,230 cars.

Domestic car sales in India fell for the first time after 14 months of continued growth in January as discounts dried up during the month with automakers correcting inventory at dealer levels post year-end freebies dole out.

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