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Tata Motors, M&M race ahead of Korean rivals
Financial Express Kochi
|April 07, 2025
ONCE OVERSHADOWED BY their Korean counterparts, Indian carmakers Tata Motors and Mahindra & Mahindra have now decisively out-paced Hyundai and Kia in the domestic automobile market.
According to the latest data from the Society of Indian Automobile Manufacturers (Siam), in FY25, Tata Motors and M&M together sold 1.1 million passenger vehicles, nearly 25% more than the 853,873 units sold by Hyundai and Kia. This marks a major shift from FY20, when the Korean duo had a commanding lead, selling 54% more than their Indian counterparts (570,213 vs 325,180 units). In just five years, Hyundai and Kia have grown by 50%, while Tata Motors and M&M have clocked a whopping 240% growth.
Dit verhaal komt uit de April 07, 2025-editie van Financial Express Kochi.
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