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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German luxury carmaker BMW India has launched the new X6 M60i xDrive, a performance Sports Activity Coupé (SAC) as a Completely Built-Up Unit (CBU) at INR 17.79 million (ex-showroom).

At the heart of the new X6 M60i is a 4.4-litre V8 petrol engine featuring a 48V mild-hybrid system. The powertrain delivers 530 hp and 750 Nm of torque, enabling the SAC to accelerate from zero to 100 kmph in 4.3 seconds, with an electronically limited top speed of 250 kmph.

The SAC comes is equipped with an 8-speed Steptronic Sport automatic with paddle shifters, BMW xDrive intelligent all-wheel drive with an M Sport differential. For handling it gets integral Active Steering and Adaptive M suspension with electronically controlled dampers. The stopping power comes with M Sport braking system with red-painted callipers.

The exterior features a coupe silhouette, slim Adaptive LED headlights with M Shadowline accents and an M-specific kidney grille. The vehicle comes standard with 21-inch M light-alloy wheels.

The interior is anchored by the BMW Curved Display, which houses a 12.3-inch information display and a 14.9-inch control display under a single glass surface. The cabin is upholstered in Sensafin and includes features such as Harman Kardon surround sound, ventilated comfort seats with memory functions, and an ambient light bar. Customers can further personalise the vehicle with optional BMW Individual paint finishes and Merino leather upholstery.

The X6 M60i xDrive runs on BMW iDrive Operating System 8.5 and includes the BMW Intelligent Personal Assistant. Connected features provided through the My BMW app include Digital Key Plus, remote services and real-time traffic information.

Driver assistance systems include a 360-degree surround view for parking assistant, reversing assistant, which records and executes the last 200 metres of steering input. Safety suite features Six airbags, Dynamic Stability Control (DSC), Dynamic Traction Control (DTC) and Cornering Brake Control (CBC).

Through BMW India Financial Services, customers can access BMW SMART Finance, which includes an assured buyback offer of 60 percent after three years or 10,000 km. Financing packages for service, secure advance and extended warranties are also available.

Hardeep Singh Brar, President and CEO, BMW Group India, said, “The new BMW X6 M60i xDrive is an absolute powerhouse engineered to command the road with an unmistakable, muscular stance. Positioned at the pinnacle of expressive luxury, this sports activity coupé is crafted for individuals who demand a distinct lifestyle. At its heart lies the legendary V8 engine, offering raw, emotional power.”

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Renault India has introduced four variants to its Kiger SUV range, updating the model’s powertrain and trim options. The changes include the addition of an Evolution+ variant and an expanded selection of turbo-powered models.

The French automaker has added the Evolution+ trim across its naturally aspirated (manual and AMT) and turbo (manual) engines. Features included in this variant comprise a keyless entry and start system, driver seat height adjustment, smartphone replication, automatic climate control and fabric upholstery.

Additionally, Renault has expanded its turbo-powered range from three to five options by offering the Techno trim with a 5-speed manual transmission. The naturally aspirated range has increased from six to eight variants.

With these updates, the Kiger turbo-powered line-up now starts at INR 789,000 (ex-showroom). The base price for the Evolution+ variant is INR 699,000 (ex-showroom).

Francisco Hidalgo, VP – Sales and Marketing, Renault India, said, “At Renault, our focus has always been on making innovation and mobility more accessible to customers. With the New Kiger range, we are taking this commitment further by bringing turbo performance, premium features, and greater choice within easier reach. As customer expectations continue to evolve, accessibility today goes beyond price—it is about enabling a more complete and rewarding ownership experience. This update reflects our effort to democratise features and technologies that matter most, while staying true to Kiger’s core promise of performance.”

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Stellantis-owned Citroen India has introduced the Aircross Comfort Edition, a limited-run series starting at INR 909,000 (ex-showroom). The launch coincides with the brand’s 108th-anniversary celebrations and aims to provide premium features and comfort-oriented upgrades across all trim levels.

A standout inclusion in this edition is the standardisation of premium leatherette interiors across all Comfort Edition trims, a move the company describes as a segment-first. Other ergonomic improvements include adjustable headrests for both front and rear seats, as well as refined interior finishes with soft-touch materials.

Citroen has introduced a structured accessory pack strategy to allow customers to personalise their vehicles.

YOU Pack (INR 36,600): Includes soft-touch IP, fog lamps, a 10-inch infotainment system with wireless Apple CarPlay and Android Auto, a reverse camera with guidelines and door cladding with chrome inserts.

PLUS Pack (INR 8,460): Adds a reverse camera with guidelines, a wireless charger, and door cladding with chrome inserts.

MAX Pack (INR 40,000): Focuses on technology and audio, featuring a JBL speaker system with an amplifier and an advanced front, cabin and rear dashcam with predictive safety alerts (e.g., front collision, lane change and pedestrian detection).

Kumar Priyesh, Business Head & Director – Automotive Brands, Stellantis India, said, “At Citroen, comfort is at the heart of our product philosophy. We have been closely listening to our customers, who are increasingly seeking more features, enhanced comfort, and a premium in-cabin experience at value-driven price points. The Aircross Comfort Edition is a direct response to this evolving demand.”

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Czech automaker Skoda Auto India has announced that its new Kodiaq RS SUV has sold out within six minutes of its release. The limited run of 50 units was offered as part of the brand’s ‘Surrender’ campaign, marking 125 years of Skoda in motorsport and the 51st anniversary of the RS badge.

This achievement follows the performance of the Octavia RS, which sold out in 20 minutes in 2025.

Ashish Gupta, Brand Director, Skoda Auto India, said: “The RS has stood as a global icon for over half a century, with a passionate following in India for more than two decades. With the ‘Surrender’ campaign, we brought to customers a unique combination of performance and versatility in the Kodiaq RS. We are delighted—though not surprised – to see customers truly ‘surrender’ to its motorsport heritage, 4x4 capability, 7-seat luxury, and its standing as the quickest Skoda in India.”

The Skoda Kodiaq RS is powered by a 2.0 TSI engine producing 195 kW (265 PS) and 400 Nm of torque. It features a 7-speed DSG transmission with all-wheel drive, it can accelerate from zero to 100 kmph in a claimed 6.3 seconds and a top speed of 231 kmph. The vehicles is equipped with a dynamic sound boost, progressive steering and Dynamic Chassis Control Plus (DCC Plus).

The exterior features black accents on the grille, ORVMs, window trims, roof rails and D-pillars. The interior includes black leather upholstery with red stitching. The model is available in four colours: Moon White, Magic Black, Velvet Red and Steel Grey.

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