Mahindra and Kia are gaining market share in India. Mahindra saw its EV segment share rise to 23.9% from 10.5%, while Kia entered the top 5 with an 18.46% sales increase.
Future car sales are expected to face pressure in FY27 due to factors like new emission norms, price increases, and high competition, despite recent GST cuts boosting record sales in FY26.
Toyota's sales dipped in February, and it sold 367,107 units in FY26. In March 2026, Toyota sold 27,479 units in India.
