Toyota, Honda, VW-Skoda, JSW-Chery line up fresh India bets to crack top-four's 78% PV grip
Global carmakers are committing new plants, SUV/EV/hybrid pipelines and multi-billion dollar investments through 2026-2029 to challenge Maruti, Hyundai, Mahindra and Tata, who together control 78.28% of India's passenger vehicle market.
Global automakers including Toyota, Honda, Renault-Nissan, VW-Skoda, Stellantis, MG and new entrant JSW-Chery are committing fresh India investments, new plants and SUV/EV/hybrid pipelines to challenge the top-four PV makers controlling 78% of sales.