Toyota says it won't expand further in India, blames 'we don’t want you' taxes September 14, 2020 at 11:04PM

Toyota, one of the world’s biggest carmakers, began operating in India in 1997. Its local unit is owned 89% by the Japanese company and has a small market share -- just 2.6% in August versus almost 5% a year earlier, Federation of Automobile Dealers Associations data show.