Audi F1 Project Strengthened By Investment From QIA

Audi F1 Project Strengthened By Investment From QIA


Audi and Qatar Investment Authority (QIA) have teamed up to accelerate the preparation for the Formula 1 entry of the four rings in 2026. QIA, the sovereign wealth fund of the State of Qatar, has signed definitive agreements to acquire a significant minority stake in Sauber Holding AG, the future factory team of Audi. 
As per the agreement, QIA’s investment will provide a substantial capital injection and pave the way for increasing infrastructure and team buildout, positioning the team for long-term success in Formula 1. The investment is consistent with QIA’s focus on investments with long-term growth potential. 
With Formula 1 a fast-growing sport with significant upside potential through continued global expansion, deeper fan engagement and significant commercialisation potential, Audi is set to officially enter Formula 1 with a factory team with the change of the technical regulations in 2026. 
Other than the ramping up of Audi’s facilities in Neuburg and Hinwil to meet the standards needed on the road to success, the German automaker of the Volkswagen Group has made an announcement already regarding Gabriel Bortoleto (20) who will race alongside Nico Hülkenberg (37). 
The announcement of the complete takeover of Sauber in March and the appointment of Mattia Binotto as CTO and COO of the project and Jonathan Wheatley as team principal from the middle of next year are expressions of the determination of the Audi brand. The investment will add to a list of important milestones soon.
Gernot Döllner, CEO, AUDI AG, and Chairman of the Board of Directors, Sauber Motorsport AG averred, “The investment by QIA reflects the trust and confidence the Audi F1 Project has already garnered, underscoring unwavering commitment of Audi to the initiative. This additional capital will accelerate the team’s growth and is yet another milestone on our long-term strategy. QIA’s involvement further energises the dedicated efforts at both the Hinwil and Neuburg facilities as they work towards the entry of Audi in 2026.”
Mohammed Al-Sowaidi, CEO, QIA, said, “Audi is a premium partner of choice with a rich motorsport legacy. As a long-standing investor in the Volkswagen Group, we believe in Audi’s vision and direction when entering Formula 1 and our investment will support the realization of this goal. QIA believes that Formula 1 is a sport with significant untapped investment potential. The increasing commercialization of professional sports as an entertainment offering globally, and the increasingly global popularity of Formula 1, has made for an exciting opportunity for our first major motorsports investment.”

Maruti Suzuki Achieves Record Annual Production Of 2.34 Million Units In FY 2025–26

Maruti Suzuki Achieves Record Annual Production Of 2.34 Million Units In FY 2025–26

Maruti Suzuki India Limited recorded its highest-ever annual production volume, reaching 2.34 million units during fiscal year 2025-26. This achievement establishes the automaker as the only original equipment manufacturer in India to attain such a production milestone for passenger vehicles. Furthermore, among all of Suzuki Motor Corporation’s global automobile manufacturing facilities, Maruti Suzuki stands alone in reaching this landmark volume.

The company currently operates four manufacturing plants located in Gurugram, Manesar, Kharkhoda in Haryana and Hansalpur in Gujarat, with a combined installed annual capacity of 2.40 million units. In March 2026, as part of its capacity expansion strategy, Maruti Suzuki identified land for a fifth manufacturing facility at the Khoraj Industrial Estate in Sanand, Gujarat. Once fully operational, this new plant is expected to add an annual production capacity of one million units. The most produced models during the year included the Dzire, Fronx, Swift, Ertiga and Baleno, each surpassing the 200,000-unit mark.

The company manufactures 17 models with over 650 variants to meet both domestic and export market requirements. This record production volume underscores Maruti Suzuki’s dominant position in India’s passenger vehicle segment and its unique standing within the global Suzuki manufacturing network.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, “This is a proud moment for us, as very few companies across the world have been able to manufacture such large volumes in a single country. At Maruti Suzuki, we have always believed in offering products and technologies that complement the evolving needs and aspirations of our customers, earning their trust, generation after generation. This achievement is the outcome of a carefully nurtured automobile ecosystem built over four and a half decades. At its foundation lies the mutual trust and longstanding collaboration that we share with our employees, vendor and dealer partners. This ecosystem supported by the current government’s policy environment, like the rollout of GST 2.0, strengthened market confidence and stimulated demand at a critical time allowing us to manufacture record-high units.”

He added, “Our parent company, Suzuki Motor Corporation’s strong belief in India’s growth story, along with an increased focus on developing India as an export hub, is enabling us to further expand our production capacity. We aim to scale it to about four million units per annum.”

Nissan Motor India Delivers 100 Gravite SUVs In Hyderabad

Nissan Gravite delivery

Nissan Motor India (NMIPL), in partnership with Vibrant Nissan, reached a significant sales milestone by delivering 100 units of the all-new Nissan Gravite in a single day in Hyderabad.

The mass delivery event, held at Le Palais Royal Crown Villa Garden on 22 April 2026, the company said, highlights the strong market reception for the Gravite following its recent entry into the mid-size SUV segment.

The Nissan Gravite is positioned as a versatile family vehicle, featuring a bold design language and a focus on cabin flexibility. The successful delivery of 100 units underscores rising customer confidence in Nissan's refreshed product portfolio, which is currently anchored by the long-standing success of the Nissan Magnite and now bolstered by the Gravite's premium features and safety package.

With an expanding dealer network and a renewed focus on the Indian market, Nissan is entering a new phase of growth. The Gravite's performance in high-potential markets like Hyderabad is seen as a key indicator of the brand's ability to compete in the highly contested SUV categories.

"The 100 Gravite delivery milestone reflects growing demand for Nissan Motor India and rising customer confidence in the all-new Nissan Gravite. Backed by the Gravite’s bold design, spacious and flexible cabin, strong safety package, Nissan’s expanding network and the continued strong run of the Nissan Magnite, the company is entering a new phase of growth in India," said the company in a statement.

Tesla Launches Six-Seater Model Y L Launched At INR 6.19 Million In India

Tesla Model Y L

US-based electric vehicle maker Tesla India has launched the Model Y L, an all-new 6-seater SUV, at the Ballard Pier Downtown Experience Centre in Mumbai at prices starting INR 6.19 million.

Positioned as a versatile family vehicle, the Model Y L features an extended wheelbase and a three-row configuration. Online orders are open as of 22 April 2026, with the first deliveries scheduled to commence in June 2026.

The Model Y L is designed to maximise utility, offering a unique 2+2+2 seating layout.

  • Second Row: Features individual captain seats with powered armrests, one-touch folding, ventilation and heating.
  • Third Row: Equipped with power recline, one-touch folding and dedicated vented climate control.
  • Cargo Space: Provides a massive storage capacity of up to 2,539 litres with seats folded.

The Model Y L is integrated into the broader Model Y lineup, offering a balance of range and acceleration. The Premium RWD (5-seater) with 500km range came at INR 5.98 million, L Premium AWD (6-seater) at INR 6.19 million and the Premium LR RWD (5-seater) at INR 6.78 million.

The EV features a refined chassis with adaptive suspension and electronic damping to filter road vibrations. For a premium cabin experience, it includes acoustic glass and an 18-speaker immersive Tesla Audio system.

Furthermore, as part of its focus on driving adoption of the green vehicles, Tesla continues to build its ecosystem in India to support new and existing owners:

At present, Tesla operates 5 Supercharger stations (20 Superchargers) and plans to add 7 more along major highways connecting Delhi, Mumbai, Bengaluru and other key cities.

Existing service centres in Mumbai, Gurugram, Delhi and Pune are being augmented this quarter with new locations in Bengaluru, Hyderabad, Chennai and Ahmedabad.

The Model Y L will be available for public viewing from 23 April 2026 at Tesla locations in BKC (Mumbai), Aerocity (Delhi) and Orchid Business Park (Gurugram).

Monthly financing for the Model Y L starts at INR 49,000, and the EV supports the full suite of Tesla connected features, including live traffic visualisation and integrated streaming services like Spotify and Netflix.

Toyota Kirloskar Motor Reaffirms Carbon-Neutral Goals On Earth Day 2026

Toyota Kirloskar Motor

Toyota Kirloskar Motor (TKM), one of the leading passenger vehicle manufacturers, has marked Earth Day 2026 by providing an update on its progress toward the Toyota Environmental Challenge 2050.

The company has reported significant milestones in manufacturing decarbonisation, water stewardship, and logistics efficiency, aiming to achieve carbon-neutral manufacturing operations by 2035.

Toyota Kirloskar Motor has focused on eliminating its environmental footprint across its production and supply chain through several key initiatives:

Renewable Energy: For the 5th consecutive year, Toyota Kirloskar Motor’s manufacturing facilities have utilised 100 percent renewable grid electricity, effectively eliminating all Scope 2 emissions.

Logistics Decarbonisation: The company has shifted 24 percent of its vehicle logistics to rail transport, reducing emissions per vehicle from 185 kg to 175 kg. Additionally, the pilot of electric trucks for short-distance transport has resulted in an annual reduction of approximately 950 CO2 emission.

Water & Waste Management: Approximately 89 percent of water requirements are currently met through recycling and rainwater harvesting. The company also maintains a Zero Waste-to-Landfill status, with a recycling rate of over 96 percent.

Aligned with India’s energy landscape, Toyota Kirloskar Motor is pursuing a multi-pathway approach to clean mobility. This includes active pilot projects for Hydrogen Fuel Cell Electric Vehicles (FCEV) and Electrified Flex-Fuel Vehicles (FFV-SHEV) to reduce dependence on energy imports and leverage domestic resources.

On-site, TKM’s Green Wave Project has successfully sequestered 8,118 CO2-emission through afforestation, supporting over 650 plant species. The company's Ecozone, a 25-acre experiential learning centre, has trained over 62,000 students to date, fostering environmental awareness in the next generation.

B Padmanabha, Executive Vice-President of Manufacturing, Toyota Kirloskar Motor, said, “On Earth Day 2026, Toyota Kirloskar Motor proudly reinforces its commitment to ‘Our Power, Our Planet,’ advancing a carbon‑neutral future by embedding sustainability into every aspect of our products, operations, and partnerships. Since 2021, our manufacturing facilities have been powered entirely by renewable grid electricity, eliminating Scope 2 emissions for five consecutive years and demonstrating that industrial growth and environmental responsibility can go hand in hand.”