ARES Defender V8 Hardtop Details Unveiled
- By MT Bureau
- June 01, 2022
Luxury Italian coachbuilder ARES Modena has released details of its bespoke Defender V8 Hardtop. Combining robust yet beguilingly elegant design, exquisite levels of hand-crafted luxury, state-of-the-art technology, and phenomenal performance, it represents a modern-day tribute to the timeless off-road icon and a compelling acquisition for any collector or aficionado, the company said in a statement.
Dany Bahar, ARES Design CEO, said, “We created our first Defender Ultra V8 in 2018 and launched it to great acclaim. The project gave us exceptional experience and knowledge of the model, so when it came to designing the new ARES Defender V8 Hardtop we were determined to raise the bar higher still. The third edition boasts an even more distinctive style and refined finish inside and out. Powered by the hugely responsive V8 engine, the ARES Defender V8 Hardtop retains the characteristics of the Defender, but is beautifully reimagined to express modernity and luxury, and represent the ultimate incarnation of this iconic vehicle."
The ARES Defender V8 Hardtop follows on from the company’s Defender Ultra V8, which was unveiled in 2018. The new model is designed by the company’s Centro Stile in Modena and assembled in the ARES smart factory using a combination of contemporary OEM-level technology and traditional handcraft skills. These include CAD, carbon fiber ovens, electrical system engineering specialists, drivetrain assembly, paint shop, artisan leather works and metal coachbuilding facilities.
With a design heritage that can trace its routes all the way back to the first Land Rover Series 1 of 1948, the Defender's taut, square lines are treated with due reference by the ARES design team, the release pointed out.
A series of subtle enhancements bring additional layers of modernity and sophistication. Devoid of all visible body bolts, the ARES Defender’s elegant lines are further enhanced by larger rear tinted windows, while a premium-grade panoramic sunroof floods the cabin with sunlight.
Based on a Land Rover Defender chassis and featuring a suspension lift kit, the ARES Defender V8 Hardtop rides 35mm higher than the standard model on striking 18-inch ARES Design alloy wheels wrapped in Cooper Discoverer tires. Wider wheel arches, an ARES Design carbon fiber bonnet, a new single-piece carbon fiber front end featuring powerful LED headlamps nestling in a contemporary-themed grille and new rear circular LED taillights amplify the Defender’s purposeful styling, it said.
Inside, the ARES designers and artisans have transformed the Defender’s utilitarian cabin into a sumptuous environment that cocoons its occupants in the lap of luxury. The very finest leather, carbon fiber, wood and aluminum trim are used throughout the cabin. They combine to create an aura of assured quality and unsurpassed comfort, which fully extends to every part of the cabin, including the bench seats in the luggage compartment, the release claimed.
The Defender’s in-cabin technology has undergone a similar metamorphose. The vehicle is replete with all-round electric windows, a six-speaker state-of-the-art infotainment system with subwoofer, featuring satellite navigation and Apple Car Play & Android Auto Bluetooth connectivity. A bespoke instrument panel and a beautiful hand-stitched leather steering wheel place the driver at the heart of the action, within easy reach of the upgraded and modernised switchgear and controls.
A press of the starter button summons a new 5328cc V8 engine – which replaces the outgoing 4-cylinder turbodiesel – to life. Integrated as part of an extensive engineering program undertaken by ARES, the V8 engine dispatches its 355hp and mammoth 519Nm of torque through a six-speed automatic transmission.
The ARES engineers have further bolstered the transmission system, axle shafts and CV joints to accommodate the significantly enhanced performance of the ARES Defender V8 Hardtop. The braking system has been similarly upgraded and sports larger performance discs and 6-piston calipers. An advanced electronically adjustable ORAM suspension system offering sport and comfort modes, ensures a relaxing ride, engaging handling, and precision body control whatever the terrain.
ARES will coach-build a limited series of ARES Defender V8 Hardtop models, each priced from EUR 235,000 ex VAT. Orders can now be placed at aresdesign.com, the release added. (MT)
Dacia Rolls Out 100,000th Bigster In Just One Year
- By MT Bureau
- February 05, 2026
Renault Group-owned European car brand Dacia has achieved a significant milestone with the rollout of the 100,000th Bigster just one year after its production began at the Mioveni facility in Romania. This impressive volume highlights the immediate and substantial demand for the brand's latest model. Even prior to its full market launch, the vehicle garnered over 13,000 pre-orders, signalling strong early interest in its proposition of a value-oriented, family-sized SUV.
The model swiftly translated this initial promise into market leadership, becoming the best-selling C-SUV to retail customers across Europe in the second half of 2025. This commercial success is mirrored in the United Kingdom, where close to 5,000 orders have been recorded. British buyers have shown a distinct preference for the efficient hybrid 155 powertrain and the generously specified Journey trim level, with Indigo Blue being the colour of choice.
Beyond sales figures, the Bigster's impact has been validated by influential industry awards, most recently at the 2026 What Car? Car of the Year Awards, where it was hailed as a definitive value champion. Designed to challenge the status quo, the Dacia Bigster, starting from GBP 25,215, successfully delivers a robust, well-equipped and practical solution for families, firmly establishing its successful position in the competitive automotive landscape.
Hyundai Motor India Reports INR 123 Billion Profit In Q3 FY2026
- By MT Bureau
- February 02, 2026
Hyundai Motor India (HMIL) has released its unaudited financial results for Q3 FY2026 and nine months ending 31 December 2025.
The company reported a Profit After Tax (PAT) of INR 123.44 billion for Q3, representing a 6.3 percent increase YoY. Revenue for the quarter reached INR 1,797.35 billion, up 8 percent compared to the same period last year. EBITDA stood at INR 2,018.3 billion, a 7.6 percent rise, supported by festive demand and the implementation of GST 2.0.
The company stated that the domestic demand was supported by wholesale volumes increasing 5 percent QoQ. The Hyundai Creta recorded sales of over 200,000 units in the 2025 calendar year, while the new Venue model has received nearly 80,000 bookings to date.
Hyundai Motor India also entered the commercial mobility segment with the Prime HB and SD taxi models. Exports grew by 21 percent YoY in Q3 FY26, accounting for 25 percent of the total sales mix.
For the nine-month period, EBITDA reached INR 6,632.5 billion, a 3.3 percent increase. EBITDA margins expanded to 12.8 percent, up from 12.5 percent in the previous year, despite costs related to capacity stabilisation and commodity prices.
Tarun Garg, Managing Director & Chief Executive Officer, said, “The third quarter performance underscores our resilience and strong execution of 'Quality of Growth' strategy, marked by healthy growth in volumes, revenue and profitability. Notably on a year-to-date basis, EBITDA margins expanded to 12.8 percent as against 12.5 percent last year, supported by our efforts towards improving sales mix and prudent cost control measures. As we move ahead, the robust January’26 sales number gives us great momentum towards a healthy 2026.”
|
Particulars |
Q3 FY26 |
Q2 FY26 |
Q3 FY25 |
9M FY26 |
9M FY25 |
|
Revenue |
179,735 |
174,608 |
166,480 |
518,472 |
512,526 |
|
EBITDA |
20,183 |
24,289 |
18,755 |
66,325 |
64,211 |
|
EBITDA % |
11.2% |
13.9% |
11.3% |
12.8% |
12.5% |
|
PAT |
12,344 |
15,723 |
11,607 |
41,759 |
40,259 |
Jeep Reaffirms India Commitment With Strategic Plan Jeep 2.0
- By MT Bureau
- February 02, 2026
Stellantis-owned Jeep has announced its Strategic Plan Jeep 2.0, positioning India as a central hub for its operations in the Asia Pacific region. The plan focuses on localisation, manufacturing depth, and export expansion from the company's facility in Ranjangaon, Pune.
As part of the strategy, Jeep intends to increase localisation levels to 90 percent, up from the current 65–70 percent. This move is aimed at strengthening supply-chain resilience and cost competitiveness. The Ranjangaon plant, which has an annual capacity of 160,000 vehicles, currently exports the Compass, Meridian, and Commander to markets including Japan, Australia and New Zealand. Plans are underway to expand exports to Africa and North America.
The company plans to introduce a new vehicle lineup in India starting from 2027. In the interim, Jeep will maintain its current portfolio through refreshes and special editions. To support its customers, the brand has introduced the Confidence 7 programme, which includes a buyback scheme, pre-maintenance packages, and extended warranties.
At present, Jeep operates over 85 sales and service touchpoints across 70 cities in India. The automaker stated that in 2025, the Wrangler Willys 41 limited edition sold out within seven days. The company is also focusing on its owner community, which has reached 100,000 members, through experiential platforms and brand clubs.
Shailesh Hazela, CEO & Managing Director, Stellantis India, said, “Jeep’s 85-year legacy is built on authenticity and adventure. Strategic Plan Jeep 2.0 lays out how we will sharpen our product strategy and strengthen the customer experience year after year, driven by deeper localisation, global product alignment, expanding our vehicle offerings, and programs that deliver real value. We are equally focused on taking care of our existing customers, ensuring they receive the support, service and confidence they expect from Jeep. Success in India demands resilience and long-term commitment and we are investing with that clarity to ensure Jeep remains a brand of pride and desirability.”
Maruti Suzuki India Reports INR 37.94 Net Profit For Q3 FY2026
- By MT Bureau
- January 28, 2026
Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported its financial results for Q3 FY2026.
The company reported revenue of INR 475.344 billion, as against INR 368.02 billion last year, net profit came at INR 37.94 billion, as against INR 36.59 billion last year. It is to be noted that the net profit was impacted for Q3 FY2026 was impacted due to a one-time provision of INR 5,939 million relating to new Labour Codes.
During the period, the company achieved its highest quarterly domestic sales of 564,669 units, an increase of 97,676 units over the previous year. Total sales reached 667,769 units, which included 103,100 units in exports. This performance was supported by a recovery in the car market following GST reform, with the small car segment in the 18 percent GST bracket contributing significantly to the volume increase.
For the nine-month period from April to December 2025, the company recorded its highest sales volume, net sales and net profit. Total sales volume reached 1,746,504 units, with domestic sales at 1,435,945 units and exports at 310,559 units. Net sales for this period increased to INR 1,242 billion, while net profit grew to INR 1,085 billion.
Financial statements for the period have been restated following the amalgamation of Suzuki Motor Gujarat (SMG) with MSIL. This process took effect from 1 April 2025. The company continues to monitor market conditions as it manages its manufacturing and sales operations.
The recovery in the car market was led by the small car segment. Sales growth in this category accounted for 68,328 units of the total domestic increase. The company remains focused on domestic and export markets to maintain its sales volumes.

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