It is nearly 20 years since India saw a carmaker getting listed on the stock exchange, and this time, it is a South Korean automaker Hyundai Motor India.

The automaker aims to raise upto INR 278 billion by offloading 17.5 percent stake at a price band in the range of INR 1,865 to INR 1,960 per share.

The issue will be available for subscription between 15 October to 17 October, 2024.

This will also make it the largest IPO (Initial Public Offering) in India till date, surpassing Life Insurance Corporation of India’s INR 210 billion IPO that debuted in May 2022; and the biggest IPO listing for 2024 in the world.

Hyundai Motor India, will become the latest automaker in India to debut on the stock exchange, after Maruti Suzuki India’s debut in 2003.

What’s interesting to note is that the funds raised by the company’s parent company Hyundai Motor Group, which then is expected to re-invest the funds in the company, but the exact quantum and timeline has yet to be clarified.

The IPO comes at a time when the Indian stock market is seeing huge traction with lot many new companies entering the foray. Hyundai Motor Group sees India as a huge growth market, that not only contributes to 6 percent of the company’s global revenues but also acts as a leading exporter for the Asian market.

The company has company a long way since it first introduced the Santro hatchback in 1998 and has made a prominent name for itself as the second largest car maker in India for over two decades, and the largest passenger vehicle exporter.

In FY2024, the company reported wholesales of 777,876 units, which marks 13 percent CAGR growth over FY2022 and FY2023; similarly, the average selling price has increased from INR 666,455 to INR 771,840; FY2024 revenue growth of 47 percent over FY2022 and net income growing from INR 29,016 million to INR 60,600 million in FY2024 respectively.

Hyundai Motor India aims to deploy the new funds (potential investment from Hyundai Motor Group) towards building new products, investment in new technologies and R&D in the country.

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Tata Motors, one of the leading passenger vehicle manufacturers, has reported its wholesales for December 2025 and Q3 FY2026.

The company reported sales of 50,046 units last month, up 13 percent YoY, as against 44,230 units last year.

For Q3 FY2026, the wholesales came at 168,616 units in the domestic market, up 20.9 percent YoY, as against 139,424 units a year ago.

Highlights for Q3 FY26 include:

• EVs: Sales reached 24,103 units.
• CNG: Volumes passed 47,000 units.
• SUVs: Volumes increased by 18 percent.
• Models: The Nexon recorded sales of 64,000 units.

The period saw the introduction of Harrier and Safari petrol models and the launch of the Sierra.

For the 2025 calendar year, sales reached 587,218 units. This figure includes EV volumes of 81,125 units.

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “CY2025 saw steady progress for the PV industry powered by a growing preference for SUVs and accelerating adoption of cleaner, emission-friendly powertrains. For Tata Motors, it was the fifth consecutive year of record-breaking annual sales, with 587,218 units sold, including the highest-ever EV volumes of 81,125 units in a calendar year.”

At present, the company said its dealers are well placed to meet customer demand with average inventory of around 18 days.

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported record wholesales of 178,646 units in December 2025, up 37 percent YoY. In comparison, the company sold a total of 130,117 units for the same period last year.

Furthermore, for YTD FY2026, the total wholesales came at 1.32 million units, up 37 percent YoY, as against 1.27 million units for the same period last year.

On the other hand, Maruti Suzuki India exported 395,000 vehicles in CY2025, up 21 percent YoY. With this the company continues to be the leading passenger vehicle exporter from India for five years.

In 2025, the company exported 18 models across 100 countries. The year included the start of exports for the e Vitara, a battery electric vehicle. Following the launch at the Hansalpur facility in August 2025, 13,000 units were sent to 29 countries.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “This is a proud moment for the company as we record our highest-ever calendar year exports of 395,000 units. It reflects India’s manufacturing strength and trust of customers worldwide. At a time when global trade is passing through a turbulent phase, we regard this 21 percent growth as a responsible contribution in supporting the nation’s export momentum.”

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Toyota Kirloskar Motor, one of the leading passenger vehicle manufacturers in the country has announced its wholesales for December 2025 and CY2025.

The company reported sales of 34,157 units last month, which was 37 percent higher YoY, as compared to 24,887 units sold last year.

For CY2025, the company recorded its-best-ever sales performance with 351,580 units, up 17 percent YoY, as against 300,159 units last year.

The company attributed the performance to its robust product mix in the SUV, MPV and compact segments, including the Innova Hycross, Fortuner, Urban Cruiser Hyryder, Hilux, Urban Cruiser Taisor and Glanza.

During the year, the company also expanded its Toyota Used Car Outlets (TUCO) and services including T CARE and T GLOSS. Marketing activities involved a tour by the group Drum Tao, the opening of the Toyota Experiential Museum (TEM), and participation in conventions with collaborations involving Shin-Chan and Attack on Titan.

Varinder Wadhwa, Vice-President, Sales-Service-Used Car Business and Profit Enhancement, Toyota Kirloskar Motor, said, “Overall, 2025 has been a meaningful year for Toyota, marked by stronger customer acceptance across our products and services, both in domestic and export markets resulting in a year-on-year growth of 19%. This sustained performance has been driven by progressive GST reforms by the Government of India, strategic product enhancements and the introduction of new model variants. Our continued focus on strengthening brand connect among the youth by driving innovation and excitement through the launch of tem and Drum Tao activation along with the enhancement of our dealer network across both rural and urban markets, has positioned us strongly for continued momentum. We sincerely thank our customers for their trust and dealer partners for their unwavering support. Looking ahead, our commitment to decarbonisation remains steadfast through Toyota’s multipath way approach, offering a broad range of technologies tailored to diverse customer needs and real-world usage. Anchored in our customer-first philosophy and long-term commitment to India, we will collaborate closely with all stakeholders to deliver world-class mobility solutions, resulting in mass happiness for all.”

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Audi India, a leading luxury car manufacturer, has announced its sales performance with 4,510 units sold in CY2025.

Demand during the festive season and growth in the pre-owned segment, SUVs, and the performance and lifestyle range supported the results. The market was influenced by GST 2.0.

Furthermore, the automaker stated that it witnessed robust demand for models including the Audi Q7, Audi Q8, Audi S5 Sportback and Audi RS Q8 Performance. Traction continued for the Audi Q3, Audi A4, Audi A6 and Audi Q5.

Balbir Singh Dhillon, Brand Director, Audi India, said, “While market dynamics presented inherent challenges, our performance underscored the fundamental strength of the Audi vision and the invaluable loyalty of our customer base. The welcome regulatory support provided by the GST rationalisation that allowed us to significantly reinforce our core proposition: defining Audi ownership as an integrated, superior experience that extends beyond the vehicle to encompass unparalleled service and a lasting relationship. Stepping into 2026, our mandate is one of clear focus and intensified purpose. We are prepared to translate market challenges into sustainable momentum through innovative product launches, enhanced customer experience and initiatives prioritizing people-centric growth.”

The year included the launch of the Audi RS Q8 Performance and the introduction of Signature Editions for the Audi A4 and Audi Q7, alongside Signature Line versions of the Audi Q3 and Audi Q5.

Audi India also partnered with Olympic champion Neeraj Chopra as a Friend of Audi India.

The German luxury car brand expanded its footprint with a pop-up store in Kanpur and a service facility in Dehradun. The company’s pre-owned business, Audi Approved: plus, grew by 3 percent in 2025. The network now includes 27 facilities with an inventory of over 500 cars.

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