Hyundai Motor India, one of the leading passenger vehicles manufacturers in the country, has announced its financial results for FY2025.

The company reported revenue of INR 691 billion for FY2025, which was flat as compared to INR 698 billion last year. The EBITDA came at INR 89.53 billion, down 2 percent as compared to INR 91.32 billion last year. The profit after tax  came at INR 56 billion, down 7 percent YoY.

For Q4 FY2025, the revenue grew by 2 percent at INR 179 billion, as against INR 176 billion last year. The EBITDA was flat at INR 25.32 billion, as compared to INR 25.21 billion for the same period last year, while EBITDA came at 14.1 percent and net profit at INR 16.14 billion, down 4 percent YoY.

The company stated that despite a turbulent market situation, it was able to sustain growth with SUVs now contributing almost 68.5 percent of its total sales across urban and rural markets. The Hyundai Creta continued to hold over 30 percent market share in the mid-size segment.

Unsoo Kim, Managing Director, Hyundai Motor India, said, “FY2025 business performance demonstrates our ability to navigate the tides by responding quickly to the ever-changing customer aspirations. Launch of products like Creta Electric and Alcazar FL along with seamless product refreshments across segments helped us in maintaining our competitive edge. Hyundai’s strong brand presence in key global emerging markets enabled us to endure headwinds and sustain export volumes during the year. The year gone by signifies our resilience in the financial performance by way of sustained revenues and healthy operating margins attributable to improved realisation and cost control measures.”

Amidst macroeconomic headwinds, the automaker stated its domestic strategy centered around premiumisation and the surging popularity of SUVs. The company’s focus on advanced safety and comfort features, like ADAS and sunroofs, is part of its ongoing effort to meet evolving consumer aspirations.

On the exports front, Kim stated that “We aspire to become Hyundai’s largest export hub outside South Korea. For FY2026, we anticipate the growth in export volumes to be around 7 to 8 percent, supported by robust demand for our products in the emerging markets.”

As part of its long-term strategy, Hyundai Motor India is investing in expanding manufacturing capacity and preparing for the future of mobility. “FY2026 will mark a significant milestone in our growth journey, with the commencement of our third plant at Talegaon. Designed with flexibility at its core, the facility will be capable of producing both internal combustion engine (ICE) and electric vehicles, enabling us to respond dynamically to market demand.”

“We also intend to deepen our localized supplier network by adopting an indigenisation strategy at the Pune plant, further reinforcing our ‘Make in India’ vision,” said Kim.

The company has also outlined an aggressive roadmap with 26 product launches planned by FY2030 – including 20 ICE, 6 EVs and new hybrid technologies.

On the other hand, he mentioned a cautious, optimistic outlook for domestic demand in near term amid prevailing macro-turbulences and weakening customer sentiments.

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Mumbai-headquartered automotive major Mahindra & Mahindra has unveiled its new modular, multi-energy NU_IQ platform, which it shared will serve as the foundation for a new generation of SUVs set to enter production from 2027.

The company has previewed the platform’s capabilities through four concept vehicles – Vision.S, Vision.T, Vision.SXT and Vision.X – which it claims will ‘disrupt’ the premium SUV space in both domestic and international markets.

The NU_IQ platform has been engineered to deliver flexibility across multiple vehicle types and markets. It can accommodate a range of body styles (top hats), different powertrains including internal combustion engines and electrified systems, as well as both front- and all-wheel-drive layouts. It is also designed for global deployment, supporting both right-hand-drive and left-hand-drive configurations.

Whilst, the complete product specifications are set to be announced closer to the launch, Mahindra has given a glimpse of what one can expect from the platform. These includes–

• Command seating paired with optimised driving dynamics for comfort and control
• Flat-floor architecture, enabling what Mahindra says will be the first production flat-floor ICE SUV
• Lightweight structure meeting stringent safety standards
• Generous cabin space with class-leading boot capacity
• Next-generation integrated domain electronics architecture (NU_UX) for advanced connectivity and user experience

The company shared that the platform has been developed to remove compromises typically faced by SUV buyers, offering premium features in a wider range of models.

R Velusamy, President – Automotive Business (Designate), Mahindra & Mahindra, and Managing Director, Mahindra Electric Automobile said, “NU_IQ is a strategic blueprint for the future of Mahindra SUVs globally. With its modular, multi-energy architecture, it gives us the flexibility to innovate across multiple top hats and powertrains whilst staying true to our SUV DNA. Designed to resolve paradoxes, NU_IQ forms the foundation for our next generation of SUVs. It marks a bold step and the start of a new era that frees customers from compromises and puts truly desirable, premium core SUVs squarely in the mainstream.”

The four concept models also mark the evolution of Mahindra’s ‘HEARTCORE’ design philosophy, created jointly at the Mahindra India Design Studio (MIDS) in Mumbai and Mahindra Advanced Design Europe (MADE) in Banbury, UK.

Pratap Bose, Chief Design & Creative Officer – Auto & Farm Sectors, Mahindra & Mahindra, said, “The NU_IQ SUVs, designed at our Global Design studios in Mumbai and Banbury, represent the start of a new chapter of our HEARTCORE design philosophy. They build on the central tenet that great design should create an emotional bond between people and their vehicles while re-imagining it for a new future. Based on the theme ‘Opposites Attract’, where the juxtaposition of contrasting elements creates an expressive new design language, these concepts promise to shape experiences that inspire adventure, confidence, and connection on any terrain, anywhere in the world.”

Each concept reflects a distinct personality – from the ‘Born Iconic’ ethos of the Vision.T and Vision.SXT to the ‘Sporty Solidity’ of the Vision.S and the ‘Sculptural Athleticism’ of the Vision.X. All four have been engineered at Mahindra Research Valley in Chennai.

Global Play

Mahindra plans to introduce production versions of these vehicles starting in 2027, with a strategy to target both domestic and export markets. The company is positioning these SUVs in the premium segment, aiming to redefine the customer experience in India while also expanding into left-hand-drive markets overseas.

Nalinikanth Gollagunta, CEO – Automotive Division, Mahindra & Mahindra, and Executive Director, Mahindra Electric Automobile, said, “NU_IQ blends innovation, global design and advanced technology to disrupt the white spaces in the automotive industry in India and internationally across Right-and-Left-Hand-Drive markets. The four concepts we are showcasing here offer a bold preview of what’s to come. They usher in a new no-compromise era of mobility and give freedom a new meaning.”

With the NU_IQ platform, Mahindra is signalling a significant shift in its approach to product development, combining modular engineering, scalable technology and a global design language to address evolving consumer demands. The company’s 2027 roll-out is expected to be one of its most ambitious launches yet, marking its intent to strengthen its standing both at home and abroad.

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Mahindra has unveiled a new, highly limited edition of its BE 6 Electric Origin SUV, drawing inspiration from Christopher Nolan's acclaimed The Dark Knight Trilogy. 

In a collaboration with Warner Bros. Discovery Global Consumer Products, the automaker has created a 300-unit limited-run vehicle that is being positioned as a unique collector's item, merging a passion for cinema with cutting-edge electric mobility and is priced at INR 2.77 million.

The BE 6 Batman Edition is far more than a simple re-badge. It is a meticulous reinterpretation of the vehicle, designed to evoke the aural and visual essence of the Caped Crusader's world. This special edition features an exclusive Custom Satin Black finish, complemented by Alchemy Gold-painted suspension and brake calipers, which provide a striking contrast and a touch of luxury. The Bat emblem, as seen in The Dark Knight Trilogy, is discreetly yet pervasively incorporated throughout the vehicle, from the hub caps and front quarter panels to the rear bumper and an illuminated 'Infinity Roof'. Even the welcome lights project the iconic symbol onto the ground.

Pratap Bose, Chief Design & Creative Officer at Mahindra & Mahindra, said, "The BE 6 has always been about boldness and forward thinking. With the Batman Edition, we wanted to go further — to create something so personal, so visually arresting, that owning it feels like owning a piece of cinematic history. We’ve obsessed over even the smallest detail, so that every time you look at it, you discover something new.”

Inside, the exclusivity continues with a brushed Alchemy Gold plaque on the dashboard, individually numbered to highlight the car's rarity. The cabin is upholstered in suede and leather with gold sepia accent stitching and an integrated Bat emblem, creating a rich and tactile experience. Gold accents are also found on the steering wheel, in-touch controller, and the custom key fob. For a truly immersive experience, the car features a Batman Edition welcome animation on the infotainment display and even custom Batman-inspired exterior engine sounds.

Vikram Sharma, Senior Vice-President at Warner Bros. Discovery Global Consumer Products, APAC, said, “Batman is more than a pop-culture icon – he represents innovation, resilience, and an unyielding drive to push boundaries. This collaboration brings that spirit to the road in a bold, electric way. With this limited-edition range, fans in India can now experience the thrill of Batman every time they drive. It’s a collector’s statement on wheels.”

The BE 6 Batman Edition is based on the top-of-the-range 79 kWh variant, ensuring that its performance is as impressive as its styling. Bookings for this highly sought-after vehicle will open on 23 August, with deliveries beginning on 20 September, in a nod to International Batman Day. This limited-run SUV is not merely a mode of transport; it is a tangible piece of pop culture history, reserved for those who want a story behind their steering wheel.

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Renault India, one of the leading passenger vehicle manufacturers, has inaugurated its new’R store in Vijayawada, Andhra Pradesh un,der its ‘renault. rethink.’ transformation strategy.

Francisco Hidalgo, Vice-President Sales & Marketing, Renault India, said, "Andhra Pradesh is a priority market for us with the encouraging response our products have received in the state. The opening of the new’R store in Vijayawada is a step forward in scaling up our business expansion under the renault. rethink. strategy, which focuses on delivering outstanding customer experiences while showcasing Renault’s global brand values tailored to local aspirations. As we continue to expand our footprint, we intend to set new benchmarks in automotive retail.”

The new facility is spread across 21,720 sqft, with a total showroom area of 5,400 sqft, with a dedicated five car display and delivery bay area.  

The new’R store features Renault's New Visual Identity (NVI), featuring a sleek black façade and an updated logo designed in line with global standards.

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Stellantis-owned Citroen India has launched the new C3X, an updated version of its popular SUV at introductory prices starting INR 525,000. The move is part of the company's ‘Shift Into the New’ strategic plan.

The new model comes with 15 new features designed to improve comfort, safety and convenience while maintaining its position as an accessible vehicle in its segment.

A standout new feature is the Proxi-Sense Passive Entry and Push Start system. Unlike conventional keyless entry, this technology automatically unlocks the car when the key is nearby and locks it as the driver walks away, offering true hands-free convenience. The C3X is also claimed to be the only SUV in its class to offer Cruise Control with a Speed Limiter, which is designed to make long motorway journeys more comfortable.

Additional enhancements include:

• An auto-dimming interior rear-view mirror for reduced glare.
• The HALO 360-degree camera system with seven viewing angles for improved visibility.
• Upgraded LED Vision projector headlamps and fog lamps.
• A comprehensive safety suite that now includes six airbags and a perimetric alarm system.

The new C3X maintains the distinct SUV-inspired design of the original model, with a 180mm ground clearance and a compact turning radius of 4.98m, making it suitable for both city and highway driving. It is available with two engine options: a 1.2L PureTech 82 naturally aspirated engine and a 1.2L PureTech 110 Direct Injection turbo engine. The turbo model can go from zero to 100 kmph in under 10 seconds and has an ARAI-certified fuel efficiency of 19.3 kmpl.

Inside, the car features a best-in-class cabin with a spacious 2,540mm wheelbase and theatre-style rear seating. The 26cm Citroen Connect Infotainment System offers wireless Apple CarPlay and Android Auto. A new tropicalised automatic air-conditioning system is also included, which has been specifically designed to cope with India’s hot climate.

Shailesh Hazela, MD & CEO, Stellantis India, said, "With Citroen C3 range starting at the aggressive introductory price of INR 525,000, we’re redefining what value means in this segment. This is not just about affordability – it’s about delivering aspirational features, smart design, and robust performance at a price point that truly resonates with Indian customers. Living by the ethos of the brand – ‘For everyone like no one’ – we’ve pushed for even greater localisation to ensure the best value, lowest cost of ownership, and a product that feels truly made for India."

Kumar Priyesh, Business Head & Director – Automotive Brands, Stellantis India, said, “The New Citroen C3X represents our commitment to delivering premium features and meaningful innovation in a package that’s distinctly Citroen. With Proxi-Sense entry, Cruise Control with Speed Limiter and HALO 360 Camera, we’ve created a SUV that understands your routine, simplifies it, and elevates every moment behind the wheel. These upgrades don’t just speak to what’s expected – they reflect our belief in delighting the Indian customer through thoughtful engineering.”

The new C3X is now available to book at all Citroen dealerships across India, with deliveries set to begin in the first week of September 2025.

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