Hyundai Announces Pricing And Specifications Of The IONIQ 5
- By MT Bureau
- May 10, 2021
Hyundai Motor UK has announced the price and specifications of the IONIQ 5, its first car built on the new dedicated Electric-Global Modular Platform (E-GMP).
The dedicated battery electric vehicle architecture has enabled the IONIQ 5 to have unique proportions on an elongated wheelbase. The new E-GMP platform also offers innovative interior design with eco-friendly materials in many touchpoints. This has also led to an ultimate in-car experience with strong performance paired with ultra-fast charging, a Vehicle-to-Load (V2L) function, advanced connectivity, and driver assistance features.
Hyundai is offering the IONIQ 5 in three trim levels SE Connect, Premium and Ultimate with a choice of three battery and drive types-
1) A 58 kWh rear-wheel drive with a range of up to 386 km
2) A 73 kWh rear-wheel drive with a range of up to 483 km
3) A 73 kWh all-wheel drive with a range of up to 462 km
Hyundai has equipped the IONIQ 5 with 800V charging as standard, which, when combined with a 350 kW ultra-rapid charger, will provide 80 percent charge in just 18 minutes and 100 km of driving range in 5 minutes. When connected to a domestic wall box or mainstream 400V public charging system, IONIQ 5’s motor and inverter convert the voltage from 400V to 800V for optimised charging whenever possible.
Prices for the 58 kWh RWD SE Connect variant starts at £36,995 (approx. INR 37.87 lakh) and goes up to £48,145 (approx. INR 49.29 lakh) for the Ultimate 73 kWh AWD variant. The standard feature highlights include a four-way electric driver seat, heated driver and front passenger seats and steering wheel, auto-dimming rear-view mirror, dual-LED projector headlamps, power tailgate, and chrome side moulding. Additionally, the vehicle will offer Highway Drive-Assist Level 2 (HDA II) with automatic lane change function, Forward Collision Assist with Junction function (FCA JX) and Blindspot Collision Avoidance assist (BCA). Premium trim also offers customers the optional Vehicle 2 Load pack (V2L). The V2L function allows customers to freely use or charge electric devices, supplying up to 3.6 kW of power.
Hyundai IONIQ 5 is offered in nine colour options: Atlas White, Gravity Gold, Lucid Blue, Mystic Olive Green, Digital Teal Green, Phantom Black Cyber Grey, Galactic Grey, and Shooting Star Grey. (MT)

Maruti Suzuki India, AU Small Finance Bank Launch Suhana Safar Initiative
- By MT Bureau
- July 02, 2026
AU Small Finance Bank has partnered with Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, to introduce 'Suhana Safar', a scheme that links Recurring Deposits (RD) to auto loans. The initiative is aimed at first-time car buyers and applies to the Alto K10, S-Presso, Celerio and WagonR models.
Under the programme, customers open an RD account with AU Small Finance Bank and deposit a monthly amount equivalent to the future car EMI for 3 to 6 months. Upon maturity, the accumulated funds, which have earned interest, are used as the down payment for the vehicle, after which the bank provides the auto loan.
The scheme allows customers to save and earn interest while demonstrating repayment capacity before committing to a loan. The bank also uses this process to evaluate creditworthiness.
AU Small Finance Bank offers RD interest rates of 4.75 percent to 7.40 percent per annum for the general public, and 5.25 percent to 7.90 percent per annum for senior citizens.
Skoda Kodiaq RS Launched At INR 6.69 Million In India
- By MT Bureau
- July 02, 2026
Czech automaker Skoda Auto India has introduced the new Kodiaq RS, the first SUV to carry the performance-focused RS badge in the Indian market at INR 6.69 million (ex-showroom).
The company limited the initial release to 50 units, which were sold out within six minutes of launch. This release aligns with the 50th anniversary of the RS badge and the 125th year of the brand’s motorsport history.
Ashish Gupta, Brand Director, Skoda Auto India, said, “The RS badge represents an iconic performance legacy. Bringing it to our flagship 4x4, all-terrain, 7-seater SUV combines luxury, capability and motorsport DNA in one offering. The overwhelming response, with all units sold out in minutes, reflects the strong enthusiasm among customers.”
The Kodiaq RS features a 2.0-litre TSI engine producing 195 kW (265 PS) and 400 Nm of torque, paired with a 7-speed DSG transmission and all-wheel drive. The vehicle accelerates from zero to 100 kmph in 6.3 seconds, with a top speed of 231 kmph.
The vehicle is equipped with progressive steering and the latest-generation Dynamic Chassis Control (DCC) Plus, which allows drivers to adjust damping characteristics. The Driving Mode Select offers multiple settings, including Eco, Comfort, Normal, Sport, Individual, Snow and a dedicated Off-Road mode.
The exterior includes black accents on the grille frame, mirrors, window frames, roof rails, and the D-pillar. The front features a bumper with black elements and a horizontal light strip in the grille. The rear includes a full-width reflector, blacked-out lettering, and stainless-steel exhaust tips. The SUV is fitted with 20-inch Elias alloy wheels and is available in Moon White, Magic Black, Velvet Red and Steel Grey.
Honda Cars India Reports 5,243 Unit Wholesales In June 2026
- By MT Bureau
- July 01, 2026
Honda Cars India (HCIL), a leading passenger vehicle manufacturer, has announced wholesales of 8,788 units in June 2026.
In the domestic market, the company sold 5,243 units and 3,545 units for export, which marks 71.5 percent YoY, when the company sold 4,618 units domestically and exported 506 units.
Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, "The launch of new City and India Premiere of global SUV Honda ZR-V has generated strong momentum for our overall sales including Amaze and Elevate during June, driven by healthy customer demand and a positive market response. With Monsoon conditions expected to improve during July, we hope to sustain this positive momentum in the months ahead.
“The deliveries of ZR-V are also scheduled to begin from July. It will draw discerning new customers and prospects into Honda showrooms, enhancing our premium brand appeal and unlocking new growth opportunities,” he added.
Renault India Reports 4,063 Unit Wholesales For June 2026
- By MT Bureau
- July 01, 2026
French automotive company Renault India has recorded 4,063 domestic wholesale units in June 2026, a 55 percent YoY increase compared to the previous year. This also marks the 10th consecutive month of double-digit growth for the company.
Interestingly, for H1 CY2026, the company reported sales of 25,844 units, representing 61 percent YoY growth.
During June, Renault India began exports of the Duster, dispatching 750 units to South Africa. The company stated that this performance reflects customer response to its product strategy and demand across its portfolio.

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