Follow us
India Surges into Toyota’s Global Top 4 – What’s Driving the Jump?
India emerges as Toyota's fourth largest market in 2024 as robust demand for utility vehicles and the successful Suzuki collaboration drive sales volumes.
02 Mar 2025
13097 Views
Share -
Toyota's country-wise sales over the last five years
A successful tie-up with Suzuki Motor Co, rising demand for SUVs and a steady flow of investments into India have helped India leapfrog three places in a year to emerge as the Toyota Motor Corp’s fourth largest market in 2024. Not only does this make India the fastest growing market for the Japanese automaker, but also its largest outside the world’s top markets, China, the US, and its home market, Japan.
In 2024, India overtook three countries—Canada, Indonesia and Thailand—among Toyota’s global markets. In the year before, India had surpassed Brazil, taking the No.7 position within Toyota’s internal sales ...
RELATED ARTICLES
Building ReiseMoto: Yogesh Mahansaria’s Bet On India’s Rider Economy
Prerna Lidhoo
07 Oct 2026
After building and selling a global off-highway tyre business, Yogesh Mahansaria wants ReiseMoto to be the go-to brand f...
India's Great Tyre Build-Out
Autocar Professional Bureau
05 Oct 2026
India’s tyre makers are entering a Rs 18,000-crore investment cycle as factories run near capacity and demand shifts tow...
Local Powertrain Manufacturing, Product Mix Change Drive 8.9 Percent Net Profit Growth at CNH India
Shahkar Abidi
30 Sep 2026
In-house assembly at Pithampur yields a 20 percent engine procurement cost advantage as global supply chains face headwi...
