Billionaire industrialist Yohan Poonawalla was recently awarded the coveted Vintage & Classic car Vanguard of India Legacy Excellence Award at the Vintage and Classic Car Club of India (VCCCI) Annual Vintage Car Fiesta, held at the World Trade Centre in collaboration with the Directorate of Maharashtra Tourism and the Western India Automobile Association (WIAA). With this honour, Poonawalla keeps bringing India's automotive heritage to the attention of the world and encourages future generations of collectors and enthusiasts to honour and conserve the automobile's past.

At the 2023 VCCCI Annual Vintage Car Fiesta, Poonawalla was named India's Motoring Ambassador to the World. This honour recognises his outstanding efforts to establish India on the world driving map as well as his unmatched commitment to the vintage car movement. Poonawalla's impressive collection of luxury, sports and antique cars includes some of the most recognisable automobiles in history. The centrepiece of his collection is his most recent purchase, the Rolls-Royce Phantom VIII Extended Wheelbase (EWB) and final Privacy Suite Phantom, which is the priciest automobile in India and among the most beautiful Rolls-Royces in the world. In addition, his collection includes vintage American muscle vehicles, Bentleys and Jaguars that have all been painstakingly restored to keep their historical significance.

In his capacity as India's Motoring Ambassador to the World, Poonawalla has continuously raised the stature of the nation's illustrious automotive heritage abroad. He has received many honours and made India proud, thanks to his participation in prestigious international events like Salon Privé, Concours of Elegance Hampton Court, Concorso d’Eleganza Villa d’Este, RREC Annual Rally & Concours d’Elegance, Sandringham Pageant of Motoring, Valletta Concours, Icons Mallorca, Geneva International Motor Show Qatar and the storied Mille Miglia in the United Arab Emirates. Along with representing India's automotive legacy at these esteemed events, Poonawalla has won several vehicle races and rallies and taken first place in the world's premier auto exhibitions in the UK, Europe, the Middle East and other regions.

Poonawalla said, "It is a privilege to be recognised as India’s Motoring Ambassador to the World and to receive this ‘Vintage & Classic car Vanguard of India Legacy Excellence Award’. Cars are more than just machines – they are pieces of history and art that deserve to be cherished and preserved. I am committed to showcasing India’s rich automotive legacy on the global stage and am deeply grateful to VCCCI and its partners for organising such a spectacular event."

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Road safety crusader Piyush Tewari, Founder and CEO, of SaveLIFE Foundation (SLF), has been named a winner of the 2026 Social Entrepreneur of the Year Award by the Schwab Foundation and the World Economic Forum.

Tewari is the sole awardee from India this year and will be honoured at the World Economic Forum Annual Meeting in Davos, Switzerland, on 20 January 2026.

Since 2008, SaveLIFE Foundation has operated as a scientific organisation focused on road safety and trauma care. The Schwab Foundation’s recognition endorses the foundation’s systemic approach to road safety, which addresses a leading cause of death globally. The foundation’s work supports the State’s obligation to provide safe transport systems, a right interpreted by Indian courts under Article 21 of the Constitution.

SaveLIFE Foundation has collaborated with governments and industry to implement science-based solutions. Its advocacy contributed to the Good Samaritan Law (2016) and the Motor Vehicle (Amendment) Act, 2019. Since 2015, the organisation has deployed Zero-Fatality programmes in ‘Corridors’ and ‘Districts’ across India.

These programmes utilise data analytics for ambulance deployment and engineering fixes, such as closing median gaps and installing crash barriers. The not-for-profit also applies tactical urbanism to redesign intersections for the protection of vulnerable road users, including pedestrians and cyclists. These interventions have resulted in a 30 percent to 60 percent reduction in road crash fatalities on target stretches. The Ministry of Road Transport and Highways (MoRTH) has recently directed states to implement these solutions nationally.

The foundation also focuses on the ‘chain of survival’ in post-crash response. At present, delays in medical attention contribute to 30 percent of road victim deaths. SavLIFE Foundation proposes a national framework for trauma care that includes standalone funding for the maintenance of emergency facilities and mechanisms for free, timely treatment to enable early stabilisation.

Piyush Tewari holds an MPA from Harvard University and received the Skoll Award for Social Innovation in 2024. He was appointed to the National Road Safety Council by the Government of India in 2019. Prior to founding SaveLIFE, Tewari was the Managing Director (India) of the Calibrated Group, a private equity fund.

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The Indian automotive landscape is witnessing a sustained period of robust growth as the industry enters the latter half of FY2026. This momentum is being fuelled by a strategic double engine of favourable fiscal policy and aggressive corporate manoeuvring.

Industry analysts point to the recent reduction in Goods and Services Tax (GST) as a primary catalyst, significantly lowering the barrier to entry for consumers across multiple segments. Coupled with a feverish pace of new product launches, automakers are successfully stimulating replacement demand and capturing new market share. This synergy has resulted in a marked uptick in wholesale volumes, signalling a high-octane finish for the fiscal year.

As per the latest sales data released by the Society of Indian Automobile Manufacturers (SIAM), the apex body representing the automotive industry in the country, more than 2 million vehicles were sold in the last month of 2025, which marked a 36 percent YoY growth. During the period, passenger vehicle sales came at 399,216 units, up 27 percent YoY, three-wheelers at 61,924 units, up 17 percent YoY and two-wheelers at 1.54 million units, up 39 percent YoY.

Furthermore, for Q3 FY2026, a total of 7.47 million vehicles were sold in the country, which was 18 percent higher compared to same period last year. The passenger vehicle segment led by SUV demand saw over 1.2 million units sold, up 21 percent YoY. Three-wheeler segment registered 14 percent YoY growth with 215,211 units wholesales.

The commercial vehicle segment witnessed 22 percent growth with a total of 290,085 units sold, as compared to 238,666 units sold a year ago. Two-wheeler sales at 5.69 million units, registered a 17 percent YoY growth, as compared to 4.87 million units for the same period last year.

Shailesh Chandra, President, SIAM, said, “2025 has been a landmark year for the Indian Auto industry. The year began with a subdued first half, and the industry continued to navigate supply side challenges. With multiple structural policy reforms including the income tax relief, successive repo rate cuts and the rollout of GST 2.0 laid the foundation for a positive demand environment. The reduction of GST rates made vehicles more affordable and injected fresh momentum into the sector. Growth during the year has been broad-based across segments, with passenger vehicles, commercial vehicles and three-wheelers recording their highest ever sales and two-wheelers posting the 2nd highest sales ever, in a calendar-year.”

He further mentioned that two-wheeler sales crossed the 20-million-mark for the 2nd time in a calendar year with more than 20.50 million units wholesales, clocking 4.9 percent YoY growth in 2025.

“This was still behind the peak it had achieved in 2018. In addition, exports witnessed double-digit growth across vehicle segments in 2025, compared to calendar year 2024. Looking ahead, the industry expects the positive momentum to continue well into 2026, supported by stable macro-economic conditions, improving affordability and continued policy support. The industry will also continue to monitor geopolitical developments to ensure resilience in supply chain and export volumes,” said Chandra.

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German motion technology company Schaeffler has appointed Maximilian Fiedler as its new Regional CEO for Asia/Pacific, effective 1 January 2026. In this capacity, Fiedler also joins the Executive Board of the Schaeffler Group as the regional representative.

Since 2022, Fiedler has served as the Chief Financial Officer for the Asia/Pacific region. In June 2025, he took on the role of Regional CEO on a temporary basis while maintaining his responsibilities as CFO.

He had joined Schaeffler in 2012 and has held several leadership positions, including Head of External Reporting for the Schaeffler Group and CFO for Schaeffler Mexico. Prior to his tenure at Schaeffler, he served as Treasury Manager for HeidelbergCement.

Klaus Rosenfeld, CEO, Schaeffler, said, “We are delighted to appoint Maximilian to drive our business in the Asia Pacific region. Maximilian has continuously demonstrated exceptional commitment to Schaeffler. We are confident, he will continue to inspire and steer our company towards sustained success.”

Maximilian Fiedler, added, “I am honoured to be entrusted with this position, and I look forward to working with our talented team to build on our achievements in the region, drive deeper engagement with our customers and deliver lasting value to all our stakeholders.”

The appointment follows a period of transition and is intended to oversee the company's operations and customer engagement strategies across the Asia/Pacific markets.

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BMW Group India has recorded its highest annual sales to date, delivering 18,001 cars in CY2025, which marks a 14 percent YoY growth.

Within the car portfolio, BMW delivered 17,271 units, while the MINI brand accounted for 730 units. Additionally, BMW Motorrad delivered 5,841 motorcycles.

The company maintained double-digit growth for the fourth consecutive year, with the fourth quarter (October – December) reaching a peak of 6,023 units, a 17 percent increase. During the year, the group launched 20 products across its three brands, including the BMW iX1 Long Wheelbase, the new X3 and the BMW R 1300 GS Adventure motorcycle.

Hardeep Singh Brar, President and CEO, BMW Group India, said, “2025 has been a record-breaking year for BMW Group India with highest-ever sales till date. We crossed the 18,000 units mark in car sales and the fact that we are growing very strongly at 14 percent, above the average growth rate of luxury segment, reflects the strong aspiration and trust that our valued customers have in our brands. Sales are growing across segments, whether it is internal combustion engines or electric vehicles, SAVs or sedan or long wheelbase models. Our lead in luxury electric segment is not only progressing sustainable mobility but also unlocking the potential for increasing the size of luxury car market in India. Going forward, we will keep our focus on what differentiates us – sheer driving pleasure, unparalleled customer centricity and a robust dealer network which delivers JOY at each step of interaction with our customers.”

Electric vehicle (EV) sales saw a 200 percent increase, with 3,753 units delivered. EVs now represent 21 percent of the company's total sales, up from 8 percent in the previous year. The BMW iX1 was the best-selling model in the premium EV segment. To support this growth, the company provides access to over 6,000 charging points through various partnerships and has implemented infrastructure initiatives such as ‘Smart E-Routing’ and ‘Charging Concierge.’

Long Wheelbase (LWB) models grew by 162 percent, totalling 8,608 units, and now comprise 50 percent of BMW’s car sales. The BMW 3 Series remained the highest-selling sedan in its category. In the Sports Activity Vehicle (SAV) segment, sales rose by 22 percent to 10,748 units, with the BMW X1 and X5 leading the volume.

BMW Motorrad's performance was led by the G 310 RR, which saw a 24 percent increase in deliveries. The high-performance motorcycle segment also grew by 7 percent, with demand concentrated on the S 1000 RR and the GS series.

The group currently operates 97 touchpoints across 40 cities under its ‘Retail.NEXT’ concept. Plans for 2026 include the addition of 19 outlets in 18 cities to expand the retail network. Financing for these vehicles is managed through BMW India Financial Services, which offers buy-back schemes and flexible instalment options to facilitate ownership.

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