3rd Generation Honda Amaze Launched In India
- By MT Bureau
- December 04, 2024
Honda Cars India Ltd (HCIL) has launched its third generation Amaze compact sedan in India. Available with an introductory price of INR 799,900 to INR 1,089,900 ex-showroom, Delhi, the new car is stylish and more premium in its approach when compared to that of the car that it replaces.
Developed by Honda R&D Asia Pacific Center in Thailand under the grand concept of 'Elite Booster Sedan’, which reflects the automaker’ vision to empower users to express their success and sophistication, the new Amaze is also an outcome of its manufacturer’s quest for zero traffic collision fatalities by 2050.
Equipped with – what is claimed to be a segment first -- Honda ‘Sensing’ Advanced Driver Assistance System (ADAS), the Amaze is available in three trim levels – V, VX and ZX. With a choice of six colours, the car measures 3,995 mm in length, 1,733 mm in width and 1,500 mm in height. Its wheelbase is 2470 mm.
Powered by an E20 complaint 1.2-litre four cylinder ‘i-VTEC’ petrol engine, the compact sedan could be had with a CVT (with Paddle Shift) or a five-speed manual unit.
Packed with over 28 active and passive safety features, sone of which form a part of the ADAS suite, the Honda Amaze also offers ‘LaneWatch Camera’ and six airbags (as standard).
With an efficient ‘Connected’ car experience via Honda Connect on the cards (it is backed by a five-year subscription), the compact sedan is supported by 3 years of unlimited kilometres warranty as standard benefit to the customers. Customers can also opt for an extended warranty up to seven years for unlimited kilometres.
“We are thrilled to present the all-new Amaze – a sedan that is set to outclass in all parameters of Styling, Safety, Connectivity, Drive and Comfort. The Amaze has always held a special place in the hearts of Indian customers, and this new generation model reflects our commitment to meeting their evolving needs. We are confident that this new Amaze will set new standards and continue to strengthen Honda’s legacy in India. For the first time in this segment, we are delighted to bring Honda SENSING, our advanced suite of safety and driver assistive technologies, to the Amaze. With this application, we now have ADAS technology introduced in all models of our India line up and Honda Amaze is the most affordable ADAS enabled car in India,” said Takuya Tsumura, President & CEO, Honda Cars India Ltd.
- Tata Motors
- Tata Motors Passenger Vehicles
- Shailesh Chandra
- electric vehicles
- Sierra
- Richard Molyneux
Tata Motors Passenger Vehicles Targets 40% EV Market Share In FY2027
- By Nilesh Wadhwa
- August 13, 2026
Tata Motors Passenger Vehicles, one of the leading automakers in the country, is charting a confident course for FY2027. The company is sees its multi-powertrain leadership, capacity flexibility and industry-outperformance ambitions to drive a strong H2 for fiscal 2027.
Shailesh Chandra, Managing Director and CEO, of Tata Motors Passenger Vehicles, struck a distinctly forward-looking tone in the company’s Q1 FY27 virtual conference, outlining a strategy built on sustained demand for alternative-energy vehicles, flexible manufacturing, product intensity and disciplined capital allocation even as the broader industry navigates inflationary and commodity headwinds.
He characterised the remainder of FY2027 as a period of continued outperformance relative to the passenger-vehicle industry. Tata Motors at 14.1 percent had already delivered growth roughly twice the industry average of 7.9 percent in FY2026 and a robust 45 percent in Q1 FY2027 as against the industry average of 25.9 percent.
The management expects this momentum to persist. Industry volumes are projected in the mid-double-digit range of 15-20 percent for the remainder of the year in some scenarios.
Tata Motors, on the other hand, is targeting sustained growth even if overall industry expansion moderates to single digits in the second half because of a high base effect from strong H2 FY2026 demand.
Inventory levels are meaningfully lower than a year earlier, creating scope for healthier retail offtake. Q2 is expected to be more challenging for the industry as a whole due to cost pressures, with the second half potentially tighter still for conventional passenger vehicles.
Chandra, however, intends to defend and expand market share through timely product refreshes, facelifts and new nameplates across both ICE and electric portfolios, while prioritising supply-side capacity increases. Waiting periods across the Tata Motors range currently stand at 4-6 weeks, reflecting healthy demand.
Hatchbacks continue to contribute around 15-20 percent of the mix, while SUVs remain the structural growth engine. Export plans include opening a significant new market next year, with a dual focus on ICE and EV products; recent export growth has been driven primarily by South Africa.
Alternative Energy Mix
The shift toward alternative powertrains is central to Chandra’s vision. Industry EV penetration has reached approximately 8 percent – the highest among passenger-vehicle markets – and is expected to climb toward 10 percent by end-FY2027.
Tata Motors’ own EV share of its portfolio has risen from around 38 percent and is targeted at upwards of 40 percent (for the remainder of the year), supported by strong customer acceptance. EV demand has jumped sharply (management noted a 3-4 times increase relative to February levels for the company), but supply remains the binding constraint rather than underlying demand. Chandra revealed that the strong demand for EVs versus supply-side constraints has led to waiting periods for EVs of around 4-6 weeks.
CNG demand is robust: industry CNG share stands near 22 percent, while Tata Motors’ mix is higher at around 27 percent. The outlook remains positive as the CNG station network expands from roughly 8,500 to 15,000-16,000 stations in the coming year. CAFÉ norms (particularly CAFÉ 3 and CAFÉ 4) will further accelerate the push toward alternative-energy vehicles; for OEMs with credible EV offerings, electrification is the most powerful compliance lever.
Sharing his perspective on hybrid technology, Chandra stated that its share in the overall PV segment has stabilised at a modest 2-2.5 percent share. Tata Motors remains ready to introduce hybrids if market conditions warrant, but current emphasis is clearly on CNG and pure electric.
In Q1 the combined CNG-plus-electric mix rose from 19-21 percent to 24 percent. Management is optimistic that EV volumes for the company could grow 70 percent in FY2027, even allowing for some high-base effects in the second half, with overall company growth of 10-15 percent still feasible.
Capacity, Cost Pressures and Capital Plans
For Tata Motors internal EV capacity is not a bottleneck since production systems are fungible and flexible; capacity has already been stepped up from 9,000 to 13,000-14,000 units and reached more than 15,000 units last month, with further increases planned.
Responding to lower-than-anticipated sales for the popular Sierra SUV, the company attributed the temporary production impact to constraints from casting and sheet-metal suppliers plus a five-day production loss at the Sanand plant due to heavy rains, but corrective actions are under way.
Profitability in the recent period was pressured primarily by commodity-price inflation (approximately 4-4.5 percent impact) plus roughly 1 percent from other factors. Cost-reduction initiatives have partially offset these headwinds; in a normalised quarter, margins would have expanded more significantly. Certain PLI benefits were deferred because of new-product launches but will be reapplied in due course.
However, it is important to note that Chandra has emphasised that CAPEX plans remain unchanged at around 6-8 percent of revenue, which will continue to be directed toward new products, technologies and capacity expansion. Management sees no need to revise the programme despite margin pressure.
On the E20 contamination issue raised in the market, Tata Motors has not experienced customer reports and was not among the OEMs that submitted data on the matter.
Jaguar Land Rover Perspective
Richard Molyneux, CFO of JLR, noted that the luxury brand is a truly global business with only a small percentage of sales in India. China remains challenging, production of legacy products (including Jaguar) has been wound down, and a fire plus broader global slowdown affected Range Rover output. Q1 is seasonally soft for JLR, but the team is optimistic about sequential improvement. India is viewed as a significant growth market going forward, supported by existing domestic assembly and imports, with plans to expand the brand’s presence rapidly.
Chandra’s message is one of controlled confidence. Tata Motors Passenger Vehicles enters the balance of FY2027 with lower inventories, a flexible multi-powertrain portfolio that is already capturing rising CNG and EV demand, fungible capacity that can scale with the market, and an intact investment programme focused on product and technology. While the industry faces near-term cost and base-effect challenges, the company’s leadership in alternative energy, combined with ongoing product intensity and supply-side focus, positions it to continue outgrowing the market and to deepen its role in India’s evolving mobility landscape.
Tata Motors Passenger Vehicles Reports INR 9 Billion Net Profit For Q1 FY2027
- By MT Bureau
- August 13, 2026
Tata Motors Passenger Vehicles (TMPVL) has published its consolidated financial results for the Q1 FY2027.
The company’s consolidated revenue came at INR 957 billion, representing a 9.3 percent YoY increase, consolidated profit before tax, before exceptional items, stood at INR 16.06 billion, while profit after tax was INR 9 billion, a significant drop of 80 percent YoY.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin came at 7.4 percent, down 130 basis points YoY. Free cash flow for the quarter was negative INR 118 billion on the back of working capital requirements, resulting in a net debt position of INR 422 billion.
Jaguar Land Rover (JLR) reported revenues of GBP 6 billion, a decline of 9.6 percent YoY, with wholesale volumes falling 9.2 percent. JLR's performance was affected by component supply constraints following a supplier fire, Middle East market disruptions and the planned phase-out of outgoing Jaguar models.
Profit before tax, before exceptional items, for JLR decreased by 68.9 percent to GBP 109 million, while profit after tax stood at GBP 66 million. Adjusted EBIT margin fell to 2.8 percent from 4 percent in the prior year, influenced by higher variable marketing expenses, which rose from 4.1 percent to 7.1 percent. Range Rover, Range Rover Sport and Defender models comprised 80.8 percent of JLR's volume mix. Total liquidity for JLR stood at GBP 5.9 billion at the end of the quarter.
In the domestic market, Tata Passenger Vehicles business generated revenue of INR 179.3 billion, representing a 64.8 percent YoY increase. Volume growth for the domestic division reached 46 percent, while electric vehicle volumes grew 112 percent YoY to over 34,000 units. EBITDA margin for the domestic unit stood at 4.3 percent, an increase of 30 basis points, while EBIT margin reached negative 0.5 percent, an improvement of 230 basis points. The domestic operation achieved breakeven profit before tax, supported by a 14.3 percent overall market share and a 39 percent share in the electric vehicle segment.
Dhiman Gupta, Chief Financial Officer, Tata Motors Passenger Vehicles, said, “Q1 FY27 was a quarter where we focused on carrying forward the growth momentum in the domestic business and preparing for an important transition year at JLR. Some of the challenges of FY26 i.e. supply constraints and elevated commodities / FX continued to impact performance in Q1 FY27. We delivered a resilient quarter and are confident to drive growth through new launches, debottleneck supply constraints, and take focused actions to deliver margin improvements.”
PB Balaji, Chief Executive Officer, Jaguar Land Rover, said, "JLR delivered first quarter profits of £109m and an adjusted EBIT margin of 2.8%. Despite the near-term industry challenges, we continue to see strong demand for our brands and look forward to the launch of four sensational new products in the coming months: Range Rover Electric, Range Rover Sport Electric, Range Rover GT and Jaguar Type 01. I would like to thank all our people, suppliers and retail partners for their continued dedication, resilience and support.”
Shailesh Chandra, Managing Director & CEO, Tata Motors Passenger Vehicles, added, “Q1 FY27 marked a strong start to the year for Tata Motors PV, with industry-beating 46 percent YoY volume growth driven by robust customer demand and the success of our recent launches. Our leadership in electric mobility strengthened further, with record quarterly EV volumes of over 34,000 units and 112 percent YoY growth. The new avatars of Tiago and Punch have received a strong response, with robust bookings across powertrains, reinforcing the strength of our multi-powertrain strategy. We are encouraged by the growing adoption of EVs across segments and the rapid mainstreaming of electric mobility in India. While supply constraints affected Sierra volumes during the quarter, customer interest remains strong and the Sierra.ev has seen a positive response. In Q1 FY27 we delivered a resilient financial performance while being impacted on account of elevated levels of commodity and forex. Supported by a strong order book, exciting product pipeline, sustained demand, and focused margin improvement initiatives, we remain confident of maintaining growth momentum and delivering sequential improvement through the rest of the year.”
JSW MG Motor India Teases Upcoming 7-Seater E-SUV Ahead Of 26th August Launch
- By MT Bureau
- August 13, 2026
JSW MG Motor India has released a teaser for its upcoming 7-seater electric SUV, which will serve as the first vehicle built on the company’s ADAPT platform.
The e-SUV draws design inspiration from a World War II fighter aircraft.
JSW MG Motor India has opened pre-reservations for the vehicle via its website for an amount of INR 21,000. The vehicle is scheduled to make its debut in India on 26 August 2026.
The teaser image shows design elements of the front and profile while keeping the full vehicle form concealed. The addition of the seven-seater model expands JSW MG Motor India's existing portfolio of new energy vehicles in the market. Further technical specifications and product details will be disclosed closer to the unveiling.
JSW MG Motor India Announces Seven-Year Anniversary Offer On MG Hector
- By MT Bureau
- August 10, 2026
JSW MG Motor India has introduced a customer programme for the MG Hector SUV during August 2026 to mark seven years of the model in India. The promotion offers benefits of up to INR 60,000, including exchange allowances, loyalty rewards, corporate incentives and price adjustments.
The MG Hector was launched in 2019 as an internet-connected passenger SUV. The range starts at an ex-showroom price of INR 1.19 million. Under the promotion, financing options include 100 percent on-road price funding for terms extending up to 84 months, alongside complete financing options for vehicle accessories.
Vinay Raina, Chief Commercial Officer, JSW MG Motor India, said, “The MG Hector has enjoyed an extraordinary journey over the past seven years, earning the trust of thousands of Indian families and redefining expectations in the SUV segment. As we celebrate this important milestone, we wanted to thank our customers with an ownership programme that delivers value far beyond the purchase of the vehicle. The Anniversary Programme reflects our customer-first philosophy and our commitment to making the MG Hector ownership experience as rewarding as the product itself.”
The vehicle features front and rear bumpers, a redesigned front grille, alloy wheels and updated exterior colour choices. Cabin updates include multi-tone interior schemes, synthetic and leather trims, front seat ventilation, an adjustable steering column and a power-adjustable driver seat.
On the inside, it gets a 14-inch portrait touchscreen display with gesture control capabilities, a digital instrument cluster and over 70 connected vehicle functions. Additional features include digital key functionality, remote air conditioning management, and automated maintenance notification systems.

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