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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Volkswagen India has started the local assembly of the Tayron R-Line SUV at its manufacturing facility in Chhatrapati Sambhajinagar. The commencement of production aligns with the company's schedule to launch the vehicle within the first quarter of 2026. This move follows the global debut of the model less than a year ago and forms part of the brand’s strategy to expand its SUV portfolio in the Indian market.

The facility in Chhatrapati Sambhajinagar is now producing the model to ensure readiness for the upcoming commercial release.

The SUV occupies a position as a premium offering within the Volkswagen India line-up. Its introduction aims to address demand for larger vehicles that provide both space and practicality. The local assembly process allows the company to manage its supply chain and operational readiness as it prepares for the official market entry.

Piyush Arora, MD & CEO, Skoda Auto Volkswagen India, said, “The start of production for another world-class model - the Tayron R-Line at our Chhatrapati Sambhajinagar facility represents a strategic step forward for Volkswagen India's SUV portfolio. This milestone reflects our unwavering commitment to putting the customer at the heart of our engineering, ensuring every detail resonates with the lifestyle and aspirations of our patrons. We aim to deliver a distinctive choice for premium SUV customers while reinforcing our operational strength and readiness to meet the evolving expectations of the Indian automotive market.”

Nitin Kohli, Brand Director, Volkswagen Passenger Cars India, added, “We believe there is a strong demand for premium German-engineered cars here in India and our plan is to make these cars more accessible to our customers. The Tayron R-Line has rolled-off the production line today at the Chhatrapati Sambhajinagar plant, in less than a year since its global launch and that is our level of commitment to driving growth in India.”

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MG Select, the luxury vehicle brand from JSW MG Motor India, has introduced a signature exterior finish for the MG Cyberster named Irises Cyan. The blue-green hue is designed to highlight the aerodynamic profile of the roadster, which serves as the brand's performance flagship.

The MG Cyberster references the design of the MG B Roadster through its proportions and silhouette. Key features of the vehicle include electric scissor doors and a soft-top roof. This model is positioned within the luxury performance segment, focusing on the integration of heritage design with contemporary engineering.

The introduction of Irises Cyan expands the existing colour palette for the Cyberster. At present, the vehicle is available in dual-tone options, including Nuclear Yellow and Flare Red with black roofs. Other combinations include Andes Grey and Modern Beige, which are paired with red roofs to contrast with the vehicle's bodywork.

The colour choices are intended to complement the car's proportions and performance identity. Each finish is selected to offer a degree of individuality for customers within the luxury automotive market.

Milind Shah, Head - MG SELECT, JSW MG Motor India, said, “MG Cyberster's Irises Cyan goes beyond a colour choice. It brings out a sense of confidence and creativity while reflecting the car’s progressive character and staying true to its performance driven DNA. At MG SELECT, design guides every decision we make. Each addition is intentionally developed to offer greater individuality and a heightened sense of luxury, allowing customers to build a stronger personal connection with their Cyberster.”

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Kia India, one of the leading passenger vehicle manufacturers in the country, has announced that its subcompact SUV – the Kia Sonet, has surpassed 500,000 unit sales milestone in the domestic market.

The Sonet SUV represents approximately 35 percent of the company's total sales volume in India. The made-in-India Sonet is also exported to nearly 70 international markets, with over 100,000 units sent to regions including the Middle East, South America and Asia-Pacific.

The SUV has recorded annual sales exceeding 100,000 units for two consecutive years. Available in various powertrain and transmission configurations, the Sonet has seen a concentration of demand in its higher specification trims. Kia India currently manages a network of 821 touchpoints across 369 cities to support its sales and service operations.

The Sonet is a central component of Kia’s 'Make in India' strategy. The success of the model in both urban and emerging markets is attributed to its range of engine options and integrated technology features. By reaching this milestone, the company has consolidated its position in the subcompact SUV segment, which remains one of the most competitive areas of the Indian automotive industry.

Sunhack Park, Chief Sales Officer, Kia India, said. “Crossing the 500,000 sales milestone for the Sonet is a moment of pride for all of us at Kia India. Every Sonet sold represents a customer who believed in Kia and this is a powerful endorsement of the trust Indian buyers have shown us. This journey reinforces how our focus on delivering meaningful design, advanced technology, and dependable performance has resonated with buyers across the country. We remain deeply grateful to our customers for being integral to this success.”

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VinFast India has announced that its VF 6 and VF 7 electric SUVs have been awarded 5-star safety certifications by the Bharat New Car Assessment Programme (Bharat NCAP). These ratings represent the highest safety tier under the Indian government's vehicle assessment framework, which evaluates occupant protection through crash testing protocols.

The Bharat NCAP data reveals that the VF 6 scored 27.13 out of 32 points for Adult Occupant Protection (AOP) and 44.41 out of 49 points for Child Occupant Protection (COP). The VF 7 recorded 28.54 points in AOP and 45.25 points in COP. During frontal impact assessments, both models received maximum scores of 4.000 for head, neck, and upper leg protection for both driver and passenger. In side impact tests, both vehicles achieved scores of 16.000 for adults and 8.000 for children.

The assessment included a pole side impact test, where the head injury values for the VF 6 and VF 7 were 109 and 131, respectively. These figures are below the Bharat NCAP threshold of 700, indicating the performance of the vehicle structures in lateral collisions. Both SUVs are manufactured at VinFast’s facility in Tamil Nadu and utilise an electric vehicle platform equipped with seven airbags.

The vehicles incorporate Advanced Driver Assistance Systems (ADAS), with features varying by specification. These systems include Adaptive Cruise Control, Emergency Lane Keeping Assist and Automatic Emergency Braking for both front and rear. Other technologies integrated into the models include Blind Spot Detection and Auto Lane Changing Assist, designed to monitor traffic conditions and assist in collision avoidance.

This certification follows previous safety recognitions for the brand, including a five-star rating from ASEAN NCAP for the VF 8 model. The VF 6 and VF 7 are part of a domestic ecosystem that includes a local manufacturing plant, charging infrastructure, and a retail network established through partnerships with Indian stakeholders.

Tapan Ghosh, CEO, VinFast India, said, “The 5-star safety ratings awarded to VF 6 and VF 7 by Bharat NCAP mark an important milestone, underscoring the quality and high safety standards of VinFast’s electric vehicles in India, one of the world’s largest automotive markets. These results show that VinFast EVs are built on a robust engineering foundation and meet stringent safety assessment requirements. We remain committed to continued investment in product improvement, delivering electric vehicles that are not only environmentally friendly and technologically advanced, but also provide customers with confidence and peace of mind throughout the journey toward electrified mobility.”

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