Mumbai-headquartered automotive major Mahindra & Mahindra has announced its financial results for FY2025 with revenue of INR 1,592 billion, up 14 percent YoY and a net profit of INR 129 billion, up 20 percent YoY.

The robust financial performance was underpinned by strong automotive sales across key segments. Mahindra stated it continue to top the SUV sales with a revenue market share of 22.5 percent. Furthermore, the OEM held the top spot in the Light Commercial Vehicle (LCV) segment under 3.5 tonnes, commanding a market share of 51.9 percent. The Tractor division also achieved its highest ever full-year market share at 43.3 percent.

Going forward, the company continues to maintain an optimistic outlook for SUV and EV sales. The company has announced that it will unveil a new platform 'Vision' on 15 August 2025, which will further expand its product portfolio.

Furthermore, Mahindra is set to increase its manufacturing capacity for XUV 3X0 and Thar Roxx by 3,000 units, a new platform capacity in Chakan for 120,000 units per annum and a new greenfield facility by FY2028, which will primarily focus on the passenger vehicle segment. The company is also looking at different states and the kind of incentives it gets, before finalising the location.  

“Our current capacity utilisation on the SUV side is almost over 90 percent with Scorpio very close to capacity, Thar Roxx and 3X0 fully on capacity and Bolero is lesser in capacity,” said Rajesh Jejurikar, Executive Director & CEO – Auto and Farm Sector, Mahindra & Mahindra.

Furthermore, the company’s born electric platform, which has spawned the BE 6 and XEV 9e has recently crossed the 6,300 sales mark. At present, the EVs have around 40,000 bookings with an average waiting time of 4-5 months.

Jejurikar explained that an EV customer usually sees around 2 hours of discussion time at the dealership, which is significantly higher than that of an ICE-vehicle customer.

“There's also work to be done by way of enabling charging infrastructure to be facilitated, set up, which means working with their societies or their office complexes wherever they want the charger and all of that needs to be coordinated well and then there's an installation process to be done at home. We have seen that this process is very important to customers to make sure that the experience is very seamless. As we think about ramping up, this is an added thing over and above the input quality which of course is a very important parameter because there is a lot of high tech and so we want to be very calibrated in the way we ramp up. As we have said earlier, that even though we have capacity, we are not operationalising all of that,” added Jejurikar.

A significant highlight was the positive performance of Mahindra's EV division. The company reported being EBITDA positive in the first quarter of the fiscal year within its EV segment, even without considering certain incentives (PLI). This achievement was attributed to a favourable variant mix. While celebrating this milestone, the company cautioned that achieving EBIT margin positivity in the EV sector is anticipated to take several quarters, potentially extending to a year or 18 months. This timeline reflects the ongoing investments required to scale up their EV operations, for which incentives are intended to provide support. The company anticipates that significant EBITDA positivity in the EV segment will become more pronounced as production volume increases.

On the other hand, responding to slowdown in the passenger vehicle sales, Jejurikar stated, “I think there are several enablers which will start kicking in – government spending, infrastructure spending, all of that which will lead to demand picking up. The smaller segments will start gaining out of the income tax benefit that will start kicking in from the front. We think that will be an enabler as well as interest rates come down over time, I think that will be another positive enabler. I do think that over the next few months, the sentiment will start kicking up. But it's a world with a lot of uncertainty at the moment. Multiple things are happening around the world so we don't see any uncertainty that comes out of that.  But, overall I think many macroeconomic factors are positive.”

Dr Anish Shah, Managing Director, Mahindra & Mahindra, added, “I just want to reflect on the numbers – both revenue growth and bank growth – where the stress isn't particularly visible. Yes, there is some level of commercial urban stress, but from our product standpoint, we haven't seen significant impact. Even when we look across other businesses, overall, the picture remains positive. The recent actions around liquidity and interest rates should start to drive greater demand and improved functionality. So, on balance, I’d say we aren’t seeing substantial urban stress at this point – perhaps a slight slowdown or a temporary blip, but nothing major. I believe that's something we’ll bounce back from.”

Looking beyond the domestic market, Mahindra expressed considerable optimism regarding its expansion in North America. The launch of the OJA tractor series in the North American market is reported to be gaining significant traction. Specifically, in the less than 110 horsepower tractor segment, where Mahindra has a strong presence, their retail market share has reportedly surged from 3 percent to 10 percent over the past four months. This sub-110 horsepower category constitutes a substantial 40 percent of the total market volume. This significant growth in their key segment underscores the strategic importance of the OTA series and justifies the investments made in its creation.

Responding to a question regarding potential entry into the insurance market, a Dr Shah stated that this has been under consideration for several years. While acknowledging the complementary nature of their existing business and the large market size, he indicated that any entry would be contingent on identifying a suitable approach that ensures successful returns. But no immediate plans for entering the insurance sector were announced.

Going forward, Mahindra is said to be open to new partnerships and acquisitions.

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Mercedes-Benz India has introduced the GLE and GLS Night Editions, two exclusive limited-series models that bring a distinct visual identity and specially curated interiors to the brand’s best-selling luxury SUV range. These editions are part of a global limited run and will be available in restricted volumes, reinforcing their exclusivity and appeal to collectors. The configurations offered are not replicated on any standard variant.

Responding to rising customer demand for personalisation, the Night Editions feature darkened exterior styling with two colour choices: Obsidian Black and Alpine Grey. The Alpine Grey finish is reserved exclusively for this series, providing a more distinctive offering. Inside, both models elevate the cabin with black Nappa leather upholstance and Anthracite open-pore oak wood trim, details unavailable on standard versions. A head-up display comes as standard equipment across both vehicles.

The GLE Night Edition adds AIRMATIC suspension as an extra refinement, distinguishing its ride quality further from the standard GLE. The GLE has long been a consistent performer in Mercedes-Benz India’s core luxury SUV segment, and this new variant builds on that foundation with a sport-influenced black-centric exterior. Meanwhile, the GLS Night Edition applies the same design language to the flagship luxury SUV, which remains the highest-selling model in its segment. The black exterior styling gains greater visual authority on the larger GLS platform, while the premium interior upgrades extend the cabin’s luxurious character.

Pricing for the Night Edition GLS 450 stands at INR 14,100,000 ex-showroom all-India, while the GLS 450d is priced at INR 14,300,000. The GLE 300d Night Edition is available at INR 10,500,000, and the GLE 450 Night Edition at INR 11,400,000, both ex-showroom all-India.

Santosh Iyer, Managing Director & CEO, Mercedes-Benz India, said, “Continuous product innovation for customers through new products, their facelifts and exclusive editions has been core to Mercedes-Benz’s successful product strategy in India, consistently elevating the brand’s desirability. GLE and GLS are undisputed segment leaders in the luxury SUV category in India, elevating India into Mercedes-Benz’s top global markets for these SUVs. The introduction of the ‘Night Edition’ with bespoke design, curated interiors, exclusive appointments and a sharper focus on personalisation makes the SUVs highly exclusive and unmatched in appeal. As our discerning customers increasingly seek vehicles that reflect their individuality, the GLE and GLS ‘Night Edition’ sets a new standard in differentiated luxury, reinforcing Mercedes-Benz’s leadership in top-end luxury SUV space.”

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European automotive major Stellantis has introduced STLA One, a new modular vehicle architecture designed to consolidate five existing platforms into a single, scalable system.

Scheduled for launch in 2027, the platform aims to support the company’s vehicle segments (B, C and D) and is projected to underpin more than 30 models, with production targets exceeding 2 million units annually by 2035.

The platform is claimed to be engineered to deliver a 20 percent improvement in cost efficiency through design modularity, increased component reuse and strategic battery technology choices.

STLA One is central to the company’s broader strategy, which aims for 50 percent of total volume to be produced on three global platforms by 2030. It is the first Stellantis architecture slated to integrate the full suite of the company's ‘STLA’ technology stack, including STLA Brain, STLA SmartCockpit and steer-by-wire systems.

It is designed with common interfaces to reduce complexity and speed up development times across different vehicle segments. The architecture is engineered to be ‘dedicated per energy by design,’ ensuring efficiency for various powertrain types (including electric and hybrid variants).

The platform will support Lithium Iron Phosphate (LFP) battery technology to improve affordability and reduce dependency on critical raw materials. It will also feature cell-to-body integration to reduce weight and complexity and will be 800-volt capable to support faster charging.

While the STLA One announcement represents a new modular approach for the B, C and D segments, it joins the broader family of Stellantis global platforms, which previously included the STLA Small, STLA Medium, STLA Large and STLA Frame architectures. The company’s overall strategy continues to focus on consolidating its diverse portfolio into fewer, more efficient and highly flexible platforms.

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MINI India, part of the BMW Group, has entered the Jharkhand market with the appointment of Titanium Autos as its authorised dealer partner in Ranchi. This opening is part of the brand’s 2026 expansion strategy, which has already seen market entries in Guwahati, Jaipur, Jodhpur and Surat.

The new Titanium Autos Retail.NEXT dealership, located at NH-33, Chakla, Ormanjhi, offers a multi-brand experience by housing BMW, MINI and BMW Motorrad vehicles under one roof. The facility showcases eight BMWs, one MINI, and seven BMW Motorrad units, supported by a workshop featuring three mechanical bays and four body and paint bays.

The dealership utilises the BMW Group’s 'Retail.NEXT' immersive concept, focusing on a customer-centric environment that integrates modern architecture with digital tools.

Hardeep Singh Brar, President and CEO, BMW Group India, said, “MINI’s entry into Jharkhand marks an important step in expanding the brand’s presence in emerging premium markets across India. Jharkhand is witnessing a growing appetite for distinctive, design-led and engaging luxury mobility, making it a strategic market for MINI. We are pleased to appoint Titanium Autos as our dealer partner for Jharkhand.”

Utkarsh Singhania, Dealer Principal, Titanium Autos, added, “Jharkhand represents a promising market with evolving customer aspirations, and we look forward to building a strong MINI presence through exceptional sales and service standards.”

Titanium Autos, which also represents the BMW Group in Guwahati and Patna, aims to provide comprehensive sales, service, and lifestyle offerings at this new location.

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South Korean automotive major Hyundai Motor Group is presenting its integrated hydrogen value chain at the World Hydrogen Summit in Rotterdam, Netherlands, which runs from 19th May to 21, 2026.

The exhibition highlights the Group's shift from a mobility provider to a comprehensive hydrogen ecosystem player, featuring technologies across production, infrastructure and fuel cell systems.

The exhibition centres on the Group’s hydrogen brand and business platform, HTWO, and features the all-new NEXO, which serves as the successor to the company's fuel cell electric vehicle (FCEV). This model represents the Group's continued development in hydrogen mobility and fuel cell expertise.

Furthermore, the company also showcased its hydrogen fuel cell systems designed for use beyond mobility, supporting stationary power solutions, industrial applications and integration into broader energy systems.

The Group is aiming to strengthen its role in Europe’s transition to hydrogen energy by leveraging real-world experience gained from deployments in Korea.

Mark Freymuller, CEO, Hyundai Energy & Hydrogen Europe, said, “Our goal is to become a reliable partner in Europe’s hydrogen journey. We see hydrogen not as a stand-alone technology, but as a key enabler for cleaner mobility, resilient energy systems, and new industrial opportunities. Europe has ambitious hydrogen plans, and we bring experience from successful deployments that can help turn these plans into robust ecosystems. Hyundai Motor Group has accumulated extensive real-world experience with hydrogen across the entire value chain in Korea. We now want to bring this system-level expertise to Europe, with proven technologies, industry-leading expertise, and the willingness to build lasting relationships with policymakers, industry, and infrastructure partners.”

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