Mumbai-headquartered automotive major Mahindra & Mahindra has announced its financial results for Q2 FY2025.

The company reported revenue of INR 379 billion, up 10 percent YoY, as against INR 344 billion last year. The net profit came at INR 31.71 billion, up 35 percent YoY, as against INR 23.48 billion a year ago.

During the period, the company witnessed its highest-ever quarterly automotive sales at 231,000 units, up 9 percent; highest SUV sales at 136,000 units. It also enhanced its monthly SUV production to 54,000 units, up 10 percent compared to end-FY2024. The automotive business reported revenue of INR  217 billion, up 15 percent YoY, and net profit at INR 14.2 billion, up 40 percent YoY respectively.

Dr. Anish Shah, Managing Director & CEO, Mahindra & Mahindra, said, “Our businesses have delivered a solid operating performance this quarter. Auto and Farm continued to strengthen market leadership by gaining market share and expanding margins. MMFSL GS3 remained under 4 percent (at 3.8 percent) and end losses have improved structurally. TechM delivered a good quarter and the long-term focus remains on reverting to past profitability. Our growth gems are progressing well on the 5x challenge.”

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), Mahindra & Mahindra said, “In Q2 FY2025, we gained market share across both our Auto and Tractor businesses. SUV volumes increased by 18 percent YoY, maintaining leadership in revenue market share, with an increase of 190 bps YoY on the back of two successful launches. Volume market share for LCVs < 3.5T stands at 52.3 percent, a rise of 260 bps YoY. The auto standalone PBIT margin was 9.5 percent, a gain of 140 bps YoY (excl. PY gain on LMM transfer). In our tractor business, we achieved our highest-ever Q2 market share at 42.5 percent, with standalone margins up by 150 bps YoY.”

Amarjyoti Barua, Group CFO, Mahindra & Mahindra, said, “While the Auto and Farm segments continue to deliver the strong performance we have come to expect of them, this quarter also reflected the strength of our Services portfolio. This has been the trend through H1 FY2025 and we expect it to continue for the rest of the year in line with our strategy.”

Comments (0)

ADD COMMENT

Link Copied!

Honda Motor Co, has announced the adoption of a redesigned H mark as the symbol for its automobile business. The logo has represented Honda vehicles since 1963 and has undergone several modifications to reflect the company’s evolution.

The redesign coincides with the development of next-generation electric vehicles, including the Honda 0 Series. The company states that the design expression, resembling two outstretched hands, signifies its commitment to expanding mobility possibilities and meeting customer needs. The logo will be applied to electric and hybrid-electric models introduced from 2027.

Beyond vehicle badges, Honda will implement the mark across all automobile touchpoints. This includes dealership signage, communication materials, and motorsports activities. The transition marks what the company describes as its ‘second founding’ during the shift towards electrification and intelligent technologies.

By adopting this symbol, the manufacturer aims to lead the transformation of the automotive market. The move follows the strategy of utilising technology and ideas to move beyond conventional practices in vehicle production and branding.

Comments (0)

ADD COMMENT

Link Copied!

Skoda Auto Volkswagen India (SAVWIPL) concluded 2025 with its highest-ever domestic sales of 117,000 units, a record to date. This represents a 36 percent YoY volume growth, while cumulative sales, including exports, reached 159,500 units. During the year, the Group surpassed the milestone of producing 2 million vehicles in India.

The MQB-A0-IN platform, developed for the Indian market, serves as the foundation for all locally manufactured Skoda and Volkswagen models. The company also expanded its international operations, with cumulative exports exceeding 715,000 units. New markets in the GCC and ASEAN regions were entered as part of the Group’s strategy to establish India as a global production base.

Volkswagen maintained its position in the sedan category with the Virtus holding a 38 percent segment share, while the Golf GTI sold out shortly after its introduction. Skoda reported 107 percent growth albeit a low year ago base, supported by demand for the Kylaq and the return of the Octavia RS. To support the demand, the Group has increased its network to 700 touchpoints across its brands.

In the luxury and performance segments, Audi introduced the Q7 Signature Edition and the RSQ8 Performance. Lamborghini launched the Temerario and the Revuelto, while Porsche expanded to 13 points of sale. Bentley joined SAVWIPL as the sixth brand, opening dealerships in Mumbai, Bengaluru, and Delhi.

Piyush Arora, Managing Director & CEO, Skoda Auto Volkswagen India, said, “2025 has been a year of purposeful and broad-based progress for us. What stands out is that our performance is rooted in consistent execution and long-term road map for India. The strength of our Make-in-India strategy – supported by deeper localisation, scale and a robust product pipeline – is visible across manufacturing, sales and exports. As we move into 2026, our priorities remain clear: expand our portfolio and widen our network in line with customer needs, while strengthening India’s role as a high-quality global manufacturing hub. The momentum of this year reinforces our belief that India will be an even larger contributor to the Group’s global growth journey.”

Comments (0)

ADD COMMENT

Link Copied!

Tata Motors Passenger Vehicles (TMPV) launched the new Tata Punch subcompact SUV at prices starting INR 559,000 (ex-showroom, New Delhi) for the petrol MT Smart variant.

First introduced in 2021, the Punch SUV has been amongst the top-selling vehicles in the country, and currently is the best-seller for Tata Motors. In fact, the Punch SUV sales have crossed the 700,000-unit mark in just 4 years, which makes it amongst the fastest-selling models in the country.

The Punch SUV now features two new powertrain options: a 1.2-litre Turbocharged iTurbo Revotron engine provides a high power-to-weight ratio and a twin-cylinder iCNG technology paired with an AMT gearbox, a combination designed to balance efficiency with driver convenience.

The exterior of the new Punch includes an upright stance with a 3D front grille, LED headlamps and connected LED tail lamps. The cabin has been updated with a dashboard featuring ambient lighting, a 26.03 cm HD infotainment system, and a digital steering wheel.

For occupant comfort, the SUV includes seats with extended thigh support and a flat rear floor to increase legroom. Technical additions include a 65-Watt Type-C USB charger, rain-sensing wipers and a 360-degree HD surround view system.

The new Punch is built on the Alfa-Arc architecture using high-strength steel and includes over 95 safety features. Standard equipment across all variants includes six airbags, Electronic Stability Program (ESP) and 3-point ELR seatbelts for all passengers. The vehicle holds a 5-star B-NCAP rating and includes hill hold and hill descent control for varied terrains.

The new Punch is offered in several personas including Smart, Pure, Adventure, and Accomplished.

(Prices in INR, ex-showroom New Delhi)

Shailesh Chandra, MD & CEO, Tata Motors Passenger Vehicles, said, “The Punch has always been a reflection of India’s evolving ambitions, democratising the SUV experience with a feature-rich package that earned it a place among India’s best-selling SUVs. The Punch gave India the freedom to explore long, stress-free, inter-city drives with its commanding position and confidence behind the wheel. Today, we have taken this experience to the next level. With the new Punch, we’ve redefined what an SUV in this segment can be – shaped by customer insights and engineered with new age technology at its core. It’s faster, smarter and safer, complemented by a bold, muscular stance with the confidence to truly Command Max."

Comments (0)

ADD COMMENT

Link Copied!

Japanese automaker Nissan has announced senior management changes within its Africa, Middle East, India, Europe and Oceania (AMIEO) region to support its ‘Re:Nissan’ transformation plan.

Effective 1 January 2026, Thierry Sabbagh has assumed the role of Divisional Vice-President and President for the Middle East, KSA, CIS and India for both Nissan and Infiniti.

The expansion of Sabbagh’s remit marks India as a priority for the manufacturer. The company plans to launch three models in the Indian market over the next 14 to 16 months. These include the Gravite, the Tekton and a seven-seater C-SUV. To support these launches, Nissan is expanding its retail presence to 250 touchpoints across the country.

Massimiliano Messina, Chairperson AMIEO, Nissan, said, “The Re:Nissan plan is about transformation and customer-centricity. By empowering regional leadership, we are creating a more agile organization that can respond quickly to market dynamics and deliver competitive, compelling products. I am confident these changes will strengthen our performance and supercharge our progress in 2026 and I wish Thierry every success in his new role.”

Sabbagh added, “I am honoured to take on this expanded role at a pivotal time for Nissan. The Middle East and India are dynamic, fast-growing and continuously evolving markets, with significant opportunities ahead. I look forward to working closely with our talented teams and partners across the region to build on our strong foundations, accelerate growth and deliver meaningful value for our customers.”

Saurabh Vatsa, Managing Director, Nissan Motor India, said, “This is a significant moment for Nissan in India as we enter a new phase of growth. Having Thierry on board reinforces our confidence in the path ahead, and his experience and leadership will be instrumental in strengthening our market presence and delivering even greater value to our customers. This appointment further strengthens our leadership as we move from transformation to execution, with a clear focus on products, customers and sustainable growth.”

The restructure also follows the departure of Leon Dorssers, Senior Vice-President and Chief of Commercial Operations for Nissan AMIEO, who had been with the company since 1992. The new leadership team will oversee the rollout of new technologies and products, with the Gravite and Tekton scheduled for release in early 2026.

Comments (0)

ADD COMMENT

Link Copied!