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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Kia India, one of the leading passenger vehicle manufacturers, has introduced the Model Year 2026 (MY26) edition of the Kia Sonet, increasing the availability of automatic transmissions across its diesel and turbo petrol variants.

The update introduces the 1.5-litre Diesel 6-speed Automatic and the 1.0-litre Turbo Petrol 7-speed Dual-Clutch Transmission (7DCT) in lower trim levels, with prices starting from INR 977,900 and INR 989,900, respectively. This move makes the Sonet the first SUV in its segment to offer both automatic technologies at a price point below INR 1 million.

The diesel automatic option has been expanded to the HTE(O), HTK(O), HTK+ and HTK+(O) variants. The turbo petrol 7DCT is now available in HTK(O) and HTK+(O) trims. These additions are intended to address the increasing demand for automatic vehicles in urban traffic conditions. The Sonet portfolio now includes five powertrain options, 70 connected car features and 10 Level 1 Advanced Driver Assistance Systems (ADAS).

Standard safety equipment across the Sonet range includes 15 features. The vehicle recently reached a sales milestone of 5 lakh units in the Indian market since its launch in 2020. Alongside the mechanical updates, Kia has added a new exterior colour option, Magma Red, to the palette. The model continues to feature a cabin equipped with a range of technologies designed for the compact SUV segment.

Atul Sood, Senior Vice-President, Sales & Marketing, Kia India, said, “We have been closely listening to evolving customer needs, particularly the growing preference for the convenience of automatic driving in everyday conditions. With the model year 2026 update, we are expanding our automatic line-up with Diesel Automatic and Turbo Petrol 7DCT options at highly competitive price points, enabling more customers to experience the ease of automatic mobility while further strengthening Sonet’s leadership in the segment.”

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has announced that its Dzire sedan has crossed the 3 million sales milestone. The vehicle was the highest-selling car in India during the 2025 calendar year.

First introduced in 2008, the Dzire has evolved through four generations, transitioning from its initial launch to its current iteration. The fourth-generation model is equipped with a Z-Series engine and features an electric sunroof, a 360-degree camera, and a 22.86 cm infotainment system with wireless connectivity. Safety specifications include six airbags, Electronic Stability Program (ESP) with Hill Hold Assist, and ISOFIX child seat anchorages. The vehicle has received 5-star safety ratings from both Bharat NCAP and Global NCAP.

According to the company, first-time buyers represent approximately 50 percent of the customer base for the current model. Over its history, the Dzire has introduced various technologies to the segment, including automatic transmissions, climate control and LED projector headlamps. The current version integrates smartwatch connectivity and remote vehicle monitoring through Suzuki Connect.

Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India, said, “I would like to express my heartfelt gratitude towards all 3 million Dzire customers on this incredible milestone. The fourth-generation Dzire has well and truly reignited the sedan segment with its refined and sophisticated appeal, ensuring it finds strong preference among young first-time buyers, this demographic in fact represents nearly 50% of customers. A wide range of comfort and convenience features alongside 5-star safety ratings ensure the Dzire caters to every preference of today’s evolving customers.”

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Lamborghini India is witnessing a strong demand for its super cars from all regions of India – North, South, East and West. It is seeing new customers arrive with an ability to increasingly embrace the Italian brand’s Ad Personam personalisation programme, which helps create highly individual, statement-making configurations. The trend is exemplified through some of the recent Lamborghini Revuelto deliveries across the country, each uniquely specified and reflective of the customer’s personal style, performance preferences and ownership journey. 

North India: A Record -Spec for Revuelto in Azzurro Thetys 
The North India delivery features a Lamborghini Revuelto finished in Azzurro Thetys, an exclusive Ad Personam palette colour. The exterior is defined by upper and lower carbon fibre packages, carbon -fibre roof and A -pillars, and matt -black detailing, creating a refined yet performance -focused presence. Inside, the Classica Ad Personam interior is finished in Blu Delphinus with Bianco Polar accents, complemented by inverted stitching, embroidered Lamborghini shields, carbon - fibre interior elements, a carbon-fibre steering wheel with Corsa Tex, ambient RGB lighting and the High Premium Sonus faber audio system.

East India: First Revuelto in the region with high-specs
The first Revuelto delivery in East India is finished in bold Giallo Auge and underlines the growing preference for vibrant, high-impact specifications. The interior is finished in Nero Ade with Giallo Taurus contrast elements, featuring inverted stitching, fully electric and heated comfort seats, carbon -fibre kickplates with a backlit Revuelto logo, ambient lighting, passenger display and the Sonus faber audio system.

West India: The most comprehensive-spec carbon-fibre Revuelto in the country
Lamborghini India has delivered a highly bespoke Revuelto featuring full exterior and interior Ad Personam carbon-fibre packages in Mumbai. The supercar is finished in Verde Metallic and highlighted with Bronzo Oreadi accents, including a livery stripe on the rear diffuser, The 21/22-inch Diamond Cut Altanero forged wheels combo is in bronze. Extensive carbon-fibre detailing, including aerodynamic door fins, makes this car one of the most comprehensively specced Revueltos in the country. The Classica Ad Personam interior features Nero Ade upholstery with Terra Emilia accents, inverted stitching, embroidered Lamborghini shields and a carbon-fibre steering wheel, paired with fully electric and heated comfort seats for a balance of luxury and performance. 

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Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has announced that bookings for the Hyundai Venue have exceeded 100,000 units. To mark this milestone, the company has introduced the HX8 Diesel Automatic (AT) variant, priced at INR 1.36 million.

The new variant is powered by a 1.5L CRDi diesel engine is paired with a 6-speed automatic transmission. This addition expands the Venue line-up, providing a diesel torque-on-demand option with an automatic gearbox for the compact SUV segment.

The HX8 variant includes several updates to the vehicle's interior, safety and mechanical systems. Notable mechanical additions include rear disc brakes and an electric parking brake with an auto-hold function.

The technical and convenience suite includes – paddle shifters, drive modes (Eco, Normal, Sport) and traction control modes (Sand, Mud, Snow). The cabin also gets front row ventilated seats, 4-way electric driver seat adjustment and ambient lighting. Over-the-Air (OTA) vehicle updates and Hyundai Bluelink connected car systems.

On the inside, it features a dual-tone leatherette seats featuring Venue branding.

The introduction of the diesel automatic transmission targets customers seeking fuel efficiency combined with the convenience of an automated gear shift. The Venue competes in the compact SUV category, supported by Hyundai’s existing sales and service network across India.

Tarun Garg, Managing Director & CEO, Hyundai Motor India, said, “We are delighted that the new Hyundai Venue has crossed 100,000 bookings, reaffirming the strong trust Indian customers place in our brand. This milestone reflects the growing aspiration for smart, connected and feature-rich mobility solutions that enhance everyday driving. The introduction of the new HX8 Diesel Automatic variant further strengthens the Venue lineup, offering customers the perfect blend of diesel efficiency, torque-rich performance and effortless convenience. It underscores our commitment to providing meaningful choices backed by advanced technology and superior value. At Hyundai, we remain focused on delivering future-ready products that resonate with evolving customer expectations and drive the next phase of mobility in India.”

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