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.”

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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.

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Kia India, one of the leading passenger vehicle manufacturers, has announced that it has exceeded 500,000 connected cars in the Indian market.

The OEM said its connected car variants now account for approximately 40 percent of the company’s domestic wholesale volumes. This growth is supported by the Kia Connect 2.0 platform and the Connected Car Navigation Cockpit (ccNC).

The Kia Seltos is the main contributor to this total, representing about 70 percent of the connected vehicle sales, followed by the Sonet and Carens models. Data from the company indicates a trend of customers renewing their connectivity subscriptions after the initial complimentary period.

Technical features within the Kia ecosystem include:

• OTA Software Updates: Remote vehicle diagnostics and software installations to reduce dealership visits.
• Digital Key 2.0: Vehicle access and operation via smartphone or smartwatch using Ultra-Wideband (UWB) or NFC technology.
• Surround View Monitor (SVM): A 360-degree camera feed accessible through the Kia Connect app.
• Voice Recognition: Multilingual support for vehicle functions in English, Hindi, Tamil and Bengali.

Atul Sood, Senior Vice-President, Sales & Marketing, Kia India, said, "Kia India has consistently differentiated itself through its vehicle design excellence and technology leadership. Our continued focus on enhancing connected features and customer engagement initiatives such as Kia Drive Green has strengthened adoption and interaction across our connected ecosystem. The strong customer retention beyond the complimentary subscription period underscores the sustained relevance and long-term value of Kia Connect.”

The company also utilises Plant Over-The-Air (P-OTA) updates, a system that ensures vehicles are programmed with the most recent software versions before they leave the manufacturing facility.

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The Sriperumbudur facility of Hyundai Motor India Limited has been honoured with the Tamil Nadu State Level Safety Award for 2022 by the state’s Directorate of Industrial Safety and Health (DISH). The prestigious award was presented by Minister for Labour Welfare & Skill Development C V Ganesan and DISH Director Anand to senior company executives Mukundan M S and Senthil Kumar R M. This accolade, granted in the Large-Scale Industry category, acknowledges Hyundai’s ongoing dedication to exceptional safety performance, marked by a notable decline in incident rates and a systematic focus on risk mitigation.

Operating in India for over 30 years, the plant has consistently fostered a robust safety culture through comprehensive initiatives. This includes implementing widespread safety campaigns, establishing diligent monitoring protocols and driving continuous improvement programmes. The company’s approach integrates rigorous processes, proactive assessments and regular training aligned with international benchmarks, all underpinned by strong safety governance. Hyundai Motor India reiterates that the well-being of its employees is a primary concern, and it remains steadfast in its mission to advance its safety systems and sustain an environment where a culture of excellence is paramount.

Gopalakrishnan C S, Whole-time Director & Chief Manufacturing Officer, Hyundai Motor India Limited, said, “Safety at Hyundai is not a standalone initiative – it is a deeply embedded culture practiced at every level of our operations. Our goal is simple: a safe, secure working environment for every employee, every day. This award affirms the collective commitment of our teams and motivates us to strengthen our safety excellence even further.”

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Volkswagen India has confirmed that its new flagship SUV, the Tayron R-Line, will launch in the first quarter of 2026. The vehicle is aimed at the seven-seater SUV segment and will be locally assembled at the company’s plant in Chhatrapati Sambhajinagar to ensure market competitiveness.

The Tayron R-Line occupies the top position in the brand’s SUV range in India. It features the 'R-Line' trim, which includes specific design enhancements to its silhouette. The model is intended for customers requiring a seven-seat capacity alongside a focus on road presence and lifestyle versatility.

Nitin Kohli, Brand Director, Volkswagen India, said: “As we build a premium portfolio of products, we continue catering to the evolving aspirations of Indian car buyers. The all-new Tayron R-Line is the authentic flag-bearer that will drive this vision for Indian consumers. Ensuring competitiveness, we will be locally assembling this SUV at our plant in Chhatrapati Sambhajinagar.”

The introduction of the Tayron R-Line follows Volkswagen's strategy to expand its portfolio in the Indian market with vehicles that offer higher passenger capacity and updated design aesthetics.

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