Škoda Auto India To Premiere The All-New Kylaq On 6 November 2024
- By MT Bureau
- October 21, 2024
Škoda Auto has officially announced that its highly anticipated Kylaq will make its world debut in India on 6 November 2024. The launch of the Kylaq will see Škoda Auto entering a ‘New Era’ in India, which is the most important market for the brand outside Europe.
The Kylaq is powered by the tried-and-true 1.0 TSI engine, which is paired to either a six-speed manual or automatic gearbox. The engine generates 85 kW and 178 Nm of torque. The car uses the same MQB-A0-IN platform as the Kushaq and Slavia. These two vehicles have previously received a complete 5-star rating in Global NCAP testing for adults and children. The Kylaq comes standard with over 25 active and passive safety features, including six airbags, traction and stability control, anti-lock brakes, Electronic Brake Distribution, Brake Disc Wiping, Roll Over Protection, Motor Slip Regulation, Electronic Differential Lock, Passenger airbag deactivation, Multi Collision Braking and ISOFIX seats, among many others.
The Kylaq has been tested throughout 800,000 kilometres of Indian terrain, including urban, highway, hilly and rugged routes. This all-new compact SUV has been tested in temperatures ranging from -10 to +85 degrees Celsius and at elevations ranging from sea level to 3,000 metres above sea level. To assure complete monsoon readiness and optimum weather resistance, 100 random samples of the Kylaq were subjected to 25-30 litres per minute/square metre of water at an angle of up to 16 degrees. This guarantees that no water enters the Kylaq under heavy monsoon conditions. The Kylaq has also undergone a vehicle shaking test to verify that the interiors stay silent and rattle-free across all road surfaces. To make sure there is no discolouration, distortion or loss of functionality in intense sunlight or other environmental conditions, the Kylaq has also been exposed to open weather for two years.
Piyush Arora, Managing Director and CEO, Škoda Auto Volkswagen India, said, “I’m proud to present Kylaq – the first compact SUV from Škoda India. Kylaq is designed and made with high levels of localisation, thereby strengthening our ‘Make in India’ commitment. It represents the Group’s DNA of driving dynamic, safety and comfort, along with the practical features desired by our value conscious customers. I’m sure the product will resonate with Indian customers’ mindset. Kylaq, designed and engineered in India, for India, will be a gamechanger.”
Jiří Dytrych, Head of Product Management, Škoda Auto, shared, “It is a moment of great pride for me and our team to see the Kylaq getting closer to making its world debut in India. The MQB-A0-IN was conceived to be a highly flexible, modular and versatile platform. You all know the Kushaq and Slavia to be much larger, above 4-metre cars. Both these cars have been pivotal in the growing focus on having safer cars in India. At the development stage itself, this platform was conceived to also accommodate an under 4-metre car like the Kylaq and has the same spirit of unmatched driving dynamics, leading safety and proven quality. We take safety a notch higher with a best-in-segment hot-formed steel for the front crash module, to ensure best cabin safety. The key features of the car are always space and comfort for the driver and passengers. The Kylaq will offer first-in-class six-way adjustable driver and passenger seats with ventilation function. The Kylaq will lead our presence, in the fastest-growing and most competitive segment in India.”
Jan Bures, Executive Director – Sales, Marketing and Digital, Škoda Auto Volkswagen India, said, “The Kylaq is just around the corner from making its debut in the world. It has been developed and even named keeping in mind evolving customer trends and aspirations in India. The under 4m segment makes up nearly 30 percent of the marketshare in the Indian passenger car sector. And the Kylaq, we believe, is adept at tapping this segment. It will also take us to new markets among tier 3 and 4 centres and bring new customers into our fold. With the response to this pre-production version, I will say with comfort and confidence that the Kylaq is on track to make its debut soon and will enable us to achieve further growth and inroads into the Indian market.”
Petr Janeba, Brand Director, Škoda Auto India, shared, “Expanding our portfolio is a key part of our growth strategy, which will enable us to welcome more customers into the Škoda family. We committed to adding a new SUV – Kylaq -- to our offerings, and we are well on track for our biggest-ever launch in India. This is a huge milestone in our India journey and will enable us to double our addressable market share. From the teasers shared, you can tell that this will be a stunning-looking SUV. The Kylaq is now undergoing the final set of testing, and as a result, we cannot reveal the car in all its glory, yet. The Kylaq is the car that will democratise European technology in India. Among other things, it has over 25 active and passive safety features standard across all its variants, and about 30 in specific variants. The Kylaq is almost ready for its debut and will lead the charts when it comes to safety and dynamics.”
Hyundai Motor India Reports INR 123 Billion Profit In Q3 FY2026
- By MT Bureau
- February 02, 2026
Hyundai Motor India (HMIL) has released its unaudited financial results for Q3 FY2026 and nine months ending 31 December 2025.
The company reported a Profit After Tax (PAT) of INR 123.44 billion for Q3, representing a 6.3 percent increase YoY. Revenue for the quarter reached INR 1,797.35 billion, up 8 percent compared to the same period last year. EBITDA stood at INR 2,018.3 billion, a 7.6 percent rise, supported by festive demand and the implementation of GST 2.0.
The company stated that the domestic demand was supported by wholesale volumes increasing 5 percent QoQ. The Hyundai Creta recorded sales of over 200,000 units in the 2025 calendar year, while the new Venue model has received nearly 80,000 bookings to date.
Hyundai Motor India also entered the commercial mobility segment with the Prime HB and SD taxi models. Exports grew by 21 percent YoY in Q3 FY26, accounting for 25 percent of the total sales mix.
For the nine-month period, EBITDA reached INR 6,632.5 billion, a 3.3 percent increase. EBITDA margins expanded to 12.8 percent, up from 12.5 percent in the previous year, despite costs related to capacity stabilisation and commodity prices.
Tarun Garg, Managing Director & Chief Executive Officer, said, “The third quarter performance underscores our resilience and strong execution of 'Quality of Growth' strategy, marked by healthy growth in volumes, revenue and profitability. Notably on a year-to-date basis, EBITDA margins expanded to 12.8 percent as against 12.5 percent last year, supported by our efforts towards improving sales mix and prudent cost control measures. As we move ahead, the robust January’26 sales number gives us great momentum towards a healthy 2026.”
|
Particulars |
Q3 FY26 |
Q2 FY26 |
Q3 FY25 |
9M FY26 |
9M FY25 |
|
Revenue |
179,735 |
174,608 |
166,480 |
518,472 |
512,526 |
|
EBITDA |
20,183 |
24,289 |
18,755 |
66,325 |
64,211 |
|
EBITDA % |
11.2% |
13.9% |
11.3% |
12.8% |
12.5% |
|
PAT |
12,344 |
15,723 |
11,607 |
41,759 |
40,259 |
Jeep Reaffirms India Commitment With Strategic Plan Jeep 2.0
- By MT Bureau
- February 02, 2026
Stellantis-owned Jeep has announced its Strategic Plan Jeep 2.0, positioning India as a central hub for its operations in the Asia Pacific region. The plan focuses on localisation, manufacturing depth, and export expansion from the company's facility in Ranjangaon, Pune.
As part of the strategy, Jeep intends to increase localisation levels to 90 percent, up from the current 65–70 percent. This move is aimed at strengthening supply-chain resilience and cost competitiveness. The Ranjangaon plant, which has an annual capacity of 160,000 vehicles, currently exports the Compass, Meridian, and Commander to markets including Japan, Australia and New Zealand. Plans are underway to expand exports to Africa and North America.
The company plans to introduce a new vehicle lineup in India starting from 2027. In the interim, Jeep will maintain its current portfolio through refreshes and special editions. To support its customers, the brand has introduced the Confidence 7 programme, which includes a buyback scheme, pre-maintenance packages, and extended warranties.
At present, Jeep operates over 85 sales and service touchpoints across 70 cities in India. The automaker stated that in 2025, the Wrangler Willys 41 limited edition sold out within seven days. The company is also focusing on its owner community, which has reached 100,000 members, through experiential platforms and brand clubs.
Shailesh Hazela, CEO & Managing Director, Stellantis India, said, “Jeep’s 85-year legacy is built on authenticity and adventure. Strategic Plan Jeep 2.0 lays out how we will sharpen our product strategy and strengthen the customer experience year after year, driven by deeper localisation, global product alignment, expanding our vehicle offerings, and programs that deliver real value. We are equally focused on taking care of our existing customers, ensuring they receive the support, service and confidence they expect from Jeep. Success in India demands resilience and long-term commitment and we are investing with that clarity to ensure Jeep remains a brand of pride and desirability.”
Maruti Suzuki India Reports INR 37.94 Net Profit For Q3 FY2026
- By MT Bureau
- January 28, 2026
Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported its financial results for Q3 FY2026.
The company reported revenue of INR 475.344 billion, as against INR 368.02 billion last year, net profit came at INR 37.94 billion, as against INR 36.59 billion last year. It is to be noted that the net profit was impacted for Q3 FY2026 was impacted due to a one-time provision of INR 5,939 million relating to new Labour Codes.
During the period, the company achieved its highest quarterly domestic sales of 564,669 units, an increase of 97,676 units over the previous year. Total sales reached 667,769 units, which included 103,100 units in exports. This performance was supported by a recovery in the car market following GST reform, with the small car segment in the 18 percent GST bracket contributing significantly to the volume increase.
For the nine-month period from April to December 2025, the company recorded its highest sales volume, net sales and net profit. Total sales volume reached 1,746,504 units, with domestic sales at 1,435,945 units and exports at 310,559 units. Net sales for this period increased to INR 1,242 billion, while net profit grew to INR 1,085 billion.
Financial statements for the period have been restated following the amalgamation of Suzuki Motor Gujarat (SMG) with MSIL. This process took effect from 1 April 2025. The company continues to monitor market conditions as it manages its manufacturing and sales operations.
The recovery in the car market was led by the small car segment. Sales growth in this category accounted for 68,328 units of the total domestic increase. The company remains focused on domestic and export markets to maintain its sales volumes.
Volkswagen India Unveils Tayron R-Line, Plans 4 More Launches In 2026
- By MT Bureau
- January 28, 2026
Volkswagen Passenger Cars India has showcased the Tayron R-Line, marking the first of five product interventions scheduled for 2026.
The company plans to introduce updates or new models in every quarter to maintain market presence. These interventions will include SUV, Sedan and Hatchback body styles, with each model intended for different segments of the premium market.
For 2026, the company stated it has established objectives focused on products, customer engagement and experiences. The strategy involves using product actions to address various customer sets throughout the year. The brand aims to sustain interest through these quarterly releases across its vehicle portfolio.
The roadmap for the year is designed to cover multiple segments, ensuring a consistent rollout of updates. By addressing three body styles, the manufacturer intends to reach a broad audience within the premium category. The initiative forms part of a wider plan to enhance the ownership experience and interaction with the brand in India.
Nitin Kohli, Brand Director, Volkswagen Passenger Cars India, said, “Today, we are glad to showcase the Tayron R-Line for the first time in India. I am also delighted to announce that we have planned four more product interventions throughout the year. This year, every quarter will witness a new product intervention that will cater to a different premium customer set. Our objective is to continue building excitement for customers through smart product actions and introducing models that will continue to build aspirations.”

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