Honda Cars India Ltd. (HCIL) has unveiled its compact SUV – Honda Elevate – are teasing some its features and attributes for some time. Unveiled in India before anywhere else in the world, the Elevate will be produced in India and exported to other Honda markets in the world, underlining Honda’s operations at its plant in Rajasthan as an export hub for the Japanese automaker.
Developed on the grand concept of ‘Urban Freestyler’, the Elevate aims at customers with active lifestyles and a global mindset by blending cutting-edge aesthetics with functionality to create a visually stunning, incredibly versatile, comfortable and fun-to-drive SUV, according to company sources.
With bold and masculine exterior design with striking front face, sharp character lines and unique rear design, which signals at clever packaging, the Elevate at front employs Honda's signature grille, which is flanked by sleek LED headlights. The sides are emphasised by pronounced wheel arches with plastic cladding, which runs along the bottom of the vehicle and smart looking diamond cut 17-inch diameter alloy wheels. The rear has a distinctive tailgate design and LED taillights.
Developed by Honda R&D Asia Pacific centre in Thailand and the R&D team in India, which specifically worked on understanding potential target customers through extensive market surveys reflecting three main factors such as stylish exterior safety and comfort.
The modern interior with a two-tone colour scheme is laced with a stylish meter with premium feel welcome graphic animation. The 7-inch high-definition full colour TFT multi-information display shows information such as fuel consumption, trip meter, outside temperature, G-Meter and a clock. There is a provision to customise the operations, including the meter set up, keyless access, lighting set up, door, and Honda ‘Sensing’.
The 10.25-inch HD resolution screen at the top centre of the dashboard can be connected with various types of smart phones via wireless Apple CarPlay, Android Auto, Weblink, Bluetooth and USB. As an infotainment system interface, the screen is completed by a sub-screen, which provides access to some additional features such as the ASVM (Assistant Side View Monitor), ARVM (Assistant Rear View Monitor), Clock, Calendar, Compass, Customisable Picture, and shortcuts to commonly used Infotainment settings.
Measuring 4312 mm in length, 1790 mm in width and 1650 mm in height, the Elevate has a wheelbase of 2650 mm. As per the dimensions and the wheelbase the compact SUV is comparable to the likes of Hyundai Creta, Kia Seltos and Maruti Grand Vitara. Spacious enough to seat five people, the vehicle offers a cargo space of 458-litre. Ground clearance is a good 220 mm.
Using higher tensile steel application ratio to realise a ‘smooth and connected’ structure, which is lightweight, offers enhanced collision safety performance, best body balance, better stability and handling, the Elevate is powered by a 121 PS 1.5-litre i-VTEC DOHC petrol engine with VTC. Producing a peak torque of 145 Nm, the compact SUV is equipped with a 6-speed manual transmission or a 7-speed CVT (Continuously Variable Transmission).
A front-wheel drive design, the Elevate features 6 airbags, ABS with EBD and brake assist, vehicle stability assist with agile handling assist, hill start assist, Honda lane watch camera, light crash performance, pedestrian protection, multi angle rear camera, emergency stop signal, Isofix compatible rear side seats with lower anchorages and top tether, and an immobiliser with anti-theft alarm.
Toshio Kuwahara, Head of Regional Unit (Asia & Oceania), Honda Motor Co., Ltd. and President and CEO, Asian Honda Motor Co., Ltd. said, “Today’s World Premiere of the all-new Elevate is a stamp of commitment of Honda’s plans and aspirations for the country. The exports from India to several regions across the globe are growing continuously every year. With high level of quality standards to deliver products that exceed expectations of both local and worldwide customers, India has become one of the most important export hubs for Honda. Moving forward to 2050, Honda strives to realise carbon neutrality and zero traffic collision fatalities involving our motorcycles and automobiles. To achieve this target, Honda aims to increase the sales ratio of Battery Electric Vehicles and Fuel Cell Electric Vehicles sales to 100 percent globally by 2040, including India. For safety, we continue enhancing advanced technologies including the expansion of Honda ‘Sensing’ around the world and strengthening our safety education to reduce traffic accidents.”
Takuya Tsumura, President & CEO, Honda Cars India Ltd. said, “With the unveiling of the All New Elevate, we embark on a new journey with Honda's strong product offering in the booming SUV segment in India. Honda enjoys strong leadership and popularity in sedan segments. There has been very high anticipation amongst Honda loyalists and overall market, who have been eagerly waiting for the new model. We are confident that the Elevate will further strengthen the bond with our esteemed customers and soon become our strong third pillar of business besides the City and Amaze. We have a robust product strategy to strengthen our premium play in the market and Elevate is first model among the 5 new SUVs that will be launched by Honda in India by 2030.” “Aligning with our global vision towards carbon neutrality by focusing on electrified powertrains, we will launch Honda’s first Battery Electric Vehicle (BEV) based on this SUV within next 3 years in India,” he added.
Maruti Suzuki Celerio Scores 3 Star In Global NCAP Rating, Ciaz Gets 1 Star
- By MT Bureau
- December 22, 2025
Global NCAP, the automotive safety watchdog, has announced the latest results for its #SaferCarsForIndia campaign, with two models from Maruti Suzuki India, the country's largest passenger vehicle manufacturer, receiving mixed results.
The latest crash test result saw Global NCAP awarding the Maruti Suzuki Celerio a three-star rating for adult occupant protection following the inclusion of six airbags as standard. A previous version of the vehicle, equipped with two airbags, had received two stars for adult occupant safety and one star for child protection.
The technical evaluations of the six-airbag Celerio indicated protection levels ranging from good to marginal. The assessment noted that both the footwell and the bodyshell were unstable. Tests also showed exposure of children’s heads during front and side impacts.
On the other hand, the company’s popular sedan model the Maruti Suzuki Ciaz received a 1-star rating in the same assessment. The report for this model highlighted:
- The absence of side head protection.
- An unstable footwell and bodyshell.
- A lack of three-point seatbelts in all seating positions.
In contrast, Global NCAP reported that the new Dzire and Victoris models achieved five-star ratings.
Richard Woods, Chief Executive Officer of Global NCAP, said, “We are encouraged that Maruti Suzuki is committed to improving safety with five star performance for new models like the Dzire and Victoris, it remains disappointing however that some legacy models fall short.”
The results follow a commitment from Maruti Suzuki to increase safety standards across its future vehicle range.
CARS24 Appoints Divanshu Saxena As CBO Of Financial Services Arm
- By MT Bureau
- December 22, 2025
CARS24 has announced the promotion of Divanshu Saxena to Chief Business Officer (CBO) of its NBFC arm, CARS24 Financial Services.
In his new role, Saxena will oversee the strategy, growth and execution of the financial services division. His responsibilities include scaling lending operations, managing risk and maintaining profitability as the company develops its financial services platform.
Saxena previously managed the consumer financing business for LOANS24. During his tenure, the division recorded growth in finance penetration and contributions from non-retail lending. The company noted that his work focused on unit economics and portfolio quality.
Ruchit Agarwal, Co-Founder & Group CFO, CARS24, said, “Divanshu has played a pivotal role in building CARS24 Financial Services into a strong and institutionally sound business. His disciplined approach to growth, deep understanding of lending economics, and consistent execution have laid a solid foundation for scale. We are proud to elevate leaders from within, and as CBO, Divanshu will be central to shaping the next phase of growth for LOANS24.”
Before joining CARS24, Saxena served as a Project Leader at Boston Consulting Group (BCG) within the Financial Services and Industrial Goods practice. He is an alumnus of IIM Calcutta, where he graduated with a silver medal, and Shri Ram College of Commerce (SRCC), University of Delhi.
Divanshu Saxena said, “Building LOANS24 has been about creating a lending business that balances speed with discipline and growth with resilience. As CBO, my focus will be on scaling responsibly, strengthening our fundamentals, and continuing to build a financial services platform that earns long-term trust from customers and partners.”
Hyundai Motor Group Announces Executive Appointments For 2026
- By MT Bureau
- December 19, 2025
South Korean auto major Hyundai Motor Group has announced executive appointments effective from 1st January 2026. The changes focus on the transition to software-defined vehicles (SDV) and the development of manufacturing technology.
In total, 219 executives have been promoted across the Group, comprising four Presidents, 14 Executive Vice Presidents, 25 Senior Vice-Presidents and 176 Vice Presidents. Approximately 30 percent of these promotions are within R&D and technology sectors.
Manfred Harrer has been promoted to President and Head of the R&D Division. Since joining in 2024, Harrer has managed vehicle development. His new role focuses on SDV competitiveness and development projects.
Juncheul Jung is promoted to President. Jung currently manages the Manufacturing Solutions and Procurement Divisions. His remit involves the Group's Software-Defined Factory (SDF) approach and the integration of robotics into production systems.
Yeong Il Choi becomes Executive Vice President and Head of Domestic Production. Choi also takes the role of Chief Safety Officer (CSO) for production facilities in South Korea.
The company also announced revamping leadership positions in its regional business, where it has appointed Seung Kyu Yoon as President of Kia North America Operations, Bo-Ryong Lee as President and CEO of Hyundai Steel Operations, Gang Hyun Seo as Head of Corporate Planning, Affiliate Business Optimisation, Sungwon Jee as Executive Vice-President, Hyundai Brand Marketing and Yongseok Shin as Executive Vice-President of HMG Business Intelligence Institute.
Hyundai Motor Group has internalised technologies including the 'Pleos Connect' infotainment system and 'Atria AI' for autonomous driving. Appointments in engineering include Jeonghun Seo in Battery Engineering and Duckhwan Kim in Hydrogen and Fuel Cell Engineering.
Jaehoon Chang, Vice Chair, continues to oversee the direction for mobility, hydrogen energy and robotics. Within the financial sector, Chang Hyun Cho (Hyundai Card) and Si Woo Jeon (Hyundai Commercial) have been promoted to Executive Vice-President.
"The appointments are intended to strengthen organisational resilience and expand the leadership pipeline across functions. In addition, the appointments reflect the Group’s commitment to turning global uncertainties into opportunities for renewal and growth. It will continue to advance bold leadership transformation and secure strong competitiveness in the SDV era," the company said.
Maruti Suzuki India’s WagonR Surpasses 3.5 Million Units Production Milestone
- By MT Bureau
- December 18, 2025
Maruti Suzuki India has attained a production milestone of 3.5 million units for the popular hatchback the WagonR.
The model, which spans three generations, was first launched in India in December 1999 and is currently manufactured at the company's facilities in Gurgaon and Manesar, Haryana.
The WagonR joins the Alto and Swift as models within the Maruti Suzuki portfolio to reach this volume. Globally, the Suzuki WagonR was first introduced in Japan in September 1993 and is now sold in over 75 countries. In August 2025, the model reached 100 million units in cumulative global sales.
The current WagonR is built on the fifth-generation Heartect platform. Standard safety features include six airbags, Anti-lock Braking System (ABS) with Electronic Brakeforce Distribution (EBD) and Electronic Stability Program (ESP).
On the inside, it comes with a 7-inch touchscreen infotainment system. Connectivity via Apple CarPlay and Android Auto. Bluetooth and voice command functionality.
The vehicle has been the highest-selling car in India for the previous four financial years.
Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “This achievement is not just a production milestone, but reflects the enduring love and confidence that generations of customers have shown towards brand WagonR. It is rare for a vehicle to receive such acceptance even after 25 years since its launch. The WagonR kept evolving with the introduction of new technology and features over time, while retaining its original DNA. The WagonR has been highly appreciated for aspects like its iconic tall-boy design, spacious interiors and fuel efficiency, which aptly reflect our customers’ needs and expectations. We are deeply grateful for their continued support and remain committed to providing ‘Joy of Mobility’ for generations to come.”

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