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 officially launched the all-new CLA BEV, marking the debut of the Mercedes Modular Architecture (MMA) and the proprietary MB.OS (Mercedes-Benz Operating System) in the Indian market.

The launch represents a significant milestone in the brand's electrification roadmap, with the company claiming it recorded over 400 pre-launch bookings prior to the official announcement.

The CLA BEV is introduced in three distinct variants, headlined by an 800-volt architecture that allows for industry-leading charging speeds.

Performance and Charging

Built as a ‘born electric’ sedan, the CLA BEV sets a new benchmark for efficiency with a drag coefficient of 0.21.

• Ultra-Fast Charging: Supporting up to 320 kW DC charging, the CLA 250+ can add 400 km of range in just 20 minutes using a 240 kW charger.
• Powertrain: The CLA 250+ delivers a peak output of 200 kW, achieving 0–100 km/h in 6.7 seconds powered by an 85.5 kWh battery.
• Indian Adaptation: The vehicle’s suspension has been specifically tuned to handle Indian road conditions.

The CLA is the first vehicle in India to feature MB.OS, which integrates the 4th generation of MBUX.

The EV sees integrated AI, which is powered by NVIDIA chips capable of 508 trillion operations per second, the car features a virtual assistant integrated with ChatGPT-4, MS Bing and Gemini.

The CLA BEV supports seamless Over-the-Air (OTA) updates and comes standard with Level 2 ADAS, upgradeable to L2+ via software. High-end variants feature the MBUX Superscreen and a panoramic sunroof with a 250-nanometre ‘Heat Protection Coating’ to filter UV and glare.

In a move to build customer trust, Mercedes-Benz launched India’s first ‘High-Voltage Battery Report’. This system-generated report provides owners with a physical and diagnostic evaluation of the battery's health (State of Charge Energy - SOCE), ensuring transparency for future resale and long-term ownership.

Santosh Iyer, Managing Director & CEO, Mercedes-Benz India, said, “The CLA BEV is the most intelligent Mercedes-Benz ever; born electric, a true range champion and a hallmark of high product substance. As Mercedes-Benz’s first next-generation BEV to debut in India, the CLA underlines our confident BEV strategy shaped by feature-rich, technology-driven products.”

Mercedes-Benz is backing the launch with a comprehensive ecosystem, including the MB.CHARGE public network, which now covers over 9,000 charging points across India. Ownership is further simplified through Star Agility+ financing, offering a 59% assured buy-back value and EMIs starting at INR 62,000. All models come with an 8-year/160,000 km battery warranty. Deliveries for the CLA 250+ begin at the end of April 2026, while the CLA 200 will follow in June 2026.

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Chinese automotive major Chery has officially launched its new global value proposition, ‘For Family’, marking a strategic transition from a ‘Global Brand’ to a ‘Global Citizen’ at Auto China 2026.

During the event, the company announced an ambitious target to serve 10 million customers worldwide by 2030. The new slogan and strategic roadmap were unveiled by Jeff Zhang, CEO of the Chery Brand, who emphasised that the shift is rooted in providing ‘trusted quality and thoughtful technology’ for household mobility.

The new proposition is built upon three core ‘equalities’ designed to make premium automotive features accessible to a broader demographic:

• Uncompromising Safety: Prioritising high-standard safety features for every passenger, regardless of vehicle segment.
• Space Equality: Optimising interior dimensions to ensure maximum comfort and utility for all family members.
• Technology Equality: Bringing advanced smart features and connectivity to mass-market models.

As a concrete implementation of this new philosophy, Chery debuted the Tiggo V at the exhibition. The vehicle is designed to showcase the ‘For Family’ pillars, offering enhanced cabin flexibility and integrated smart safety systems tailored for multi-generational use.

Chery’s expansion is supported by a significant global footprint established over 23 years. Currently, the brand serves 4.5 million customers across 120 countries. Its ‘In somewhere, For somewhere’ localised philosophy is powered by:

• 8 R&D centres and 36 production bases worldwide.
• A network of over 2,000 dealers and 1,800 service centres.
• The Chery Family Care service brand, which provides dedicated aftersales support.

Jeff Zhang, said, "For Family is not just a slogan; it is a promise that we safeguard the peace of mind and joy on every journey, through trusted quality and thoughtful technology."

This announcement follows a year of rapid growth for the brand, which now sees a new family join its user base every minute on average. By focusing on the ‘Global Citizen’ model, Chery aims to achieve mutual prosperity with the local communities where it operates through sustainable and community-focused manufacturing.

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Maruti Suzuki India Limited recorded its highest-ever annual production volume, reaching 2.34 million units during fiscal year 2025-26. This achievement establishes the automaker as the only original equipment manufacturer in India to attain such a production milestone for passenger vehicles. Furthermore, among all of Suzuki Motor Corporation’s global automobile manufacturing facilities, Maruti Suzuki stands alone in reaching this landmark volume.

The company currently operates four manufacturing plants located in Gurugram, Manesar, Kharkhoda in Haryana and Hansalpur in Gujarat, with a combined installed annual capacity of 2.40 million units. In March 2026, as part of its capacity expansion strategy, Maruti Suzuki identified land for a fifth manufacturing facility at the Khoraj Industrial Estate in Sanand, Gujarat. Once fully operational, this new plant is expected to add an annual production capacity of one million units. The most produced models during the year included the Dzire, Fronx, Swift, Ertiga and Baleno, each surpassing the 200,000-unit mark.

The company manufactures 17 models with over 650 variants to meet both domestic and export market requirements. This record production volume underscores Maruti Suzuki’s dominant position in India’s passenger vehicle segment and its unique standing within the global Suzuki manufacturing network.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, “This is a proud moment for us, as very few companies across the world have been able to manufacture such large volumes in a single country. At Maruti Suzuki, we have always believed in offering products and technologies that complement the evolving needs and aspirations of our customers, earning their trust, generation after generation. This achievement is the outcome of a carefully nurtured automobile ecosystem built over four and a half decades. At its foundation lies the mutual trust and longstanding collaboration that we share with our employees, vendor and dealer partners. This ecosystem supported by the current government’s policy environment, like the rollout of GST 2.0, strengthened market confidence and stimulated demand at a critical time allowing us to manufacture record-high units.”

He added, “Our parent company, Suzuki Motor Corporation’s strong belief in India’s growth story, along with an increased focus on developing India as an export hub, is enabling us to further expand our production capacity. We aim to scale it to about four million units per annum.”

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Nissan Motor India (NMIPL), in partnership with Vibrant Nissan, reached a significant sales milestone by delivering 100 units of the all-new Nissan Gravite in a single day in Hyderabad.

The mass delivery event, held at Le Palais Royal Crown Villa Garden on 22 April 2026, the company said, highlights the strong market reception for the Gravite following its recent entry into the mid-size SUV segment.

The Nissan Gravite is positioned as a versatile family vehicle, featuring a bold design language and a focus on cabin flexibility. The successful delivery of 100 units underscores rising customer confidence in Nissan's refreshed product portfolio, which is currently anchored by the long-standing success of the Nissan Magnite and now bolstered by the Gravite's premium features and safety package.

With an expanding dealer network and a renewed focus on the Indian market, Nissan is entering a new phase of growth. The Gravite's performance in high-potential markets like Hyderabad is seen as a key indicator of the brand's ability to compete in the highly contested SUV categories.

"The 100 Gravite delivery milestone reflects growing demand for Nissan Motor India and rising customer confidence in the all-new Nissan Gravite. Backed by the Gravite’s bold design, spacious and flexible cabin, strong safety package, Nissan’s expanding network and the continued strong run of the Nissan Magnite, the company is entering a new phase of growth in India," said the company in a statement.

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