One will see Toyota and Kia locking horns for the fifth spot among carmakers, while the other will involve Mahindra and Tata Motors in a no-holds-barred race for the third position. These rivalries are set to build on the upheavals of 2024, when Toyota overtook Kia, and Mahindra caught up with long-time rival Tata Motors.
Last year, Toyota Kirloskar Motor edged past Kia India to claim the fifth-largest carmaker position, a feat driven by robust growth and strategic collaborations. Toyota's sales surged to 299,989 units in 2024, a 36% jump over the 220,725 units sold in 2023, according to Siam data. This growth enabled Toyota to outpace Kia, whose sales stagnated at 255,038 units, almost similar to its 2023 performance of 255,000 units.
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