India’s Automobile Market Sees Competition Shift into Top Gear; Local Firms Tata, Mahindra Make Gains on Suzuki, Hyundai

TIRUCHIRAPPALLI, India — Competition is getting fierce in India’s automobile market, the third largest after China and the United States. While Japan’s Suzuki Motor Corp. holds an overwhelming 40% market share, South Korea’s Hyundai Motor Co., which ranks second, has gone public to expand its invest...