Maruti Suzuki India (MSIL), the largest passenger vehicle manufacturer in the country has announced its financial results for the Q2 FY2024-25.

The company reported net sales of INR 355,891 million, a flat growth, as against INR 355,351 million for the same period last year. The net profit came at INR 30,692 million, down 17.4 percent YoY, as compared to INR 37,165 million last year.

This the company states was on the back of a provision of INR 8,376 million made in Q2 FY2023-24, resulting from the withdrawal of indexation benefit and change in tax rate on long term capital gains on debt mutual funds as per the Finance Act 2024.

During Q2 the company sold 541,550 vehicles, of which the domestic sales came at 463,834 vehicles and exports at 77,716 vehicles. While the domestic volume declined by 3.9 percent, the export volume grew by 12.1 percent compared to the same period of the previous year.

For H1, the sales came at 1,063,418 units, comprising 915,142 units in the domestic market and at 148,276 units in the export market. While the domestic market sales declined by 0.3 percent, the export sales volume grew by 11.9 percent YoY.

This translated to its highest net revenue of INR 694,644 million in H1FY2024-25 as compared to INR 663,803 million last year. The net profit came at INR 67,191 million, up 8.34 percent, as against INR 62,016 million last year.

Last year, Suzuki Motor Gujarat was acquired to become a 100 percent subsidiary of MSIL. The Board considered the structure after the acquisition and gave an in-principle approval for the amalgamation of SMG with MSIL. The appointed date for the amalgamation is 1 April, 2025, subject to all legal and regulatory compliances.  

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Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has received the 2026 Red Dot Brand & Communication Design Award in the Interior Architecture category for the office space at its Pune manufacturing facility.

The selection represents the first instance of an automotive manufacturing site receiving a Red Dot Award for its administration and employee support facilities. The design layout at the Pune plant combines individual workspaces with open collaboration zones. The office incorporates employee support infrastructure, including a mother care room, dedicated meditation rooms, meeting areas fitted with writing surfaces to address language differences, personal lockers, and central document storage units for paper-based operational workflows.

Architecturally, the building utilises biophilic design elements, including interior landscaping, a central courtyard configuration and upcycled terrazzo flooring. The spatial design was developed following workforce analysis covering employee demographics, gender diversity and team communication patterns.

Tarun Garg, Managing Director & CEO, Hyundai Motor India, said, “Winning the prestigious Red Dot Award is a proud milestone for Hyundai Motor India and for the global manufacturing community. The award-winning facility at our Pune Plant demonstrates how thoughtful workplace design can positively influence collaboration, employee well-being and operational excellence. Every space has been created with our people at the centre, encouraging innovation, inclusivity and sustainability while reflecting Hyundai’s global design philosophy. This recognition reinforces our commitment to building world-class manufacturing ecosystems where exceptional products begin with exceptional workplaces.”

The award acknowledges the integration of administrative facility design within an industrial automotive context, setting standard practices for employee environment design in manufacturing complexes.

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Hyundai Motor India, one of the leading passenger vehicle manufacturers, has strengthened its Board with the elevation of Mukundan MS as Whole-time Director, effective 1 September 2026.

He is a mechanical engineer holding a Master of Business Administration (MBA), currently serves as Function Head of Production in the Chief Manufacturing Officer's office. His career spans 25 years across plant operations and production management, including supervision of capacity expansion at Hyundai's Chennai Plant 1 and integration of mixed internal combustion engine and electric vehicle assembly lines.

In addition, Young Geon Kim has been appointed to a leadership role effective 1 August 2026. Kim possesses three decades of experience in vehicle manufacturing, production technology and plant operations. Having joined Hyundai Motor India in 2025 following senior roles during the setup of Hyundai's Brazil manufacturing plant, he has overseen Genesis production readiness, Chennai plant integration and facility setup initiatives for the company.

On the other hand, Gopalakrishnan CS, Whole-time Director, Hyundai Motor India, is set to retire on 31 August 2026, due to superannuation.

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Hyundai Motor India, one of the leading passenger vehicle manufacturers, has announced its Q1 FY2027 results with revenue at INR 163 billion in revenue, which was marginally lower than INR 164 billion a year ago.

The EBITDA came at INR 15.11 billion, down 31 percent YoY, while net profit dropped 35 percent YoY to INR 8.88 billion.

Hyundai Motor India stated that fiscal 2027 began robustly, with cumulative sales in April and May growing 13 percent YoY and domestic volumes for the full quarter rose 5.4 percent to 139,374 units. However, a fire at a supplier facility constrained production in June, limiting overall growth. Total sales (including exports) stood at 178,082 vehicles, down 1.3 percent YoY, while exports fell to 38,708 units amid the residual impact of the US-Iran conflict on Middle East shipments and the production halt.

The company reported that its all-new Venue clocked its best-ever quarterly sales in the domestic market, while Aura and Exter attained highest-ever CNG penetration of 95 percent and 32 percent, respectively.

The rural market performed better than urban market, with penetration now reaching at an all-time high of 26 percent.

Supported by production normalisation, festive demand, new launches and capacity expansion, Hyundai Motor India expects to deliver its stated 8–10 percent volume growth guidance for FY2027 while driving sustainable and profitable growth.

Tarun Garg, Managing Director & Chief Executive Officer, Hyundai Motor Indai, said, “Q1 FY2027 was a challenging quarter affected by multiple headwinds impacting volumes and profitability. With 100 percent normalisation of production, coupled with healthy demand environment and upcoming product pipeline, recovery is likely to gain pace from Q2 onwards across both domestic and export businesses. Looking ahead, we remain committed to achieving our stated guidance of 8-10 percent YoY volume growth for both domestic and exports as well as 11-14 percent EBITDA margin in FY27.”

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BMW Group India has launched the MINI Convertible Stardust Edition in India at an ex-showroom price of INR 6.29 million. The limited-run model is imported into the country as a completely built-up unit (CBU) and is available to order through the MINI India web portal, with customer deliveries starting immediately.

The BMW MINI Convertible Stardust Edition features a 2.0-litre four-cylinder TwinPower turbo petrol engine, which produces 150 kW (204 hp) at 5,000–6,500 rpm and 300 Nm torque at 1,450–4,500 rpm, featuring a 7-Speed Double-Clutch Steptronic Sport. It has a claimed acceleration from zero to 100 kmph in 6.9 Seconds and a top speed of 240 kmph.

The Stardust Edition comes in a Sparkling Copper Grey metallic paint finish paired with Vibrant Silver mirror caps and 18-inch JCW Rallye Spoke alloy wheels made from recycled aluminium. The vehicle features LED headlights with three selectable light signatures, alongside rear lights aligned flush to the bodywork.

The soft-top roof incorporates a woven Union Jack graphic. The electrically operated fabric roof opens in 18 seconds at speeds up to 30 km/h and closes in 15 seconds. The soft top also includes a sunroof function that opens the front section by 40 centimetres at any speed. Luggage capacity measures 160 litres when the roof is lowered and increases to 215 litres when closed.

The interior features sports seats upholstered in Vescin, an artificial leather material made using recycled components. The dashboard layout centers around a circular OLED display running MINI Operating System 9, which handles instrumentation, infotainment, and smartphone integration via Apple CarPlay and Android Auto.

Safety equipment includes airbags, dynamic stability control, cornering brake control, brake assist, a rear-view camera and a tyre pressure monitoring indicator. Vehicle support features include auto start-stop, brake energy recuperation and active cooling air ducts.

The vehicle comes with a two-year unlimited-kilometre warranty and two years of 24-hour roadside assistance. Service packages are available for terms ranging from three years or 40,000 kilometres up to 10 years or 100,000 kilometres, alongside extended warranty options.

Hardeep Singh Brar, President and CEO of BMW Group India, said, "The new MINI Convertible is the perfect car for those who are open to fun and also enjoy making a distinct lifestyle statement. With the 'Stardust' limited edition, we are dialing up that sense of exclusivity a notch higher. The thought behind this special car was to capture the shifting, indefinable colours of the sky at twilight - blending a deep dusk-grey paint with shimmering champagne details that mimic stardust. The Stardust edition is engineered for MINI fans who view their car not just as a mode of transport, but as a bold expression of individuality. It is a vehicle that remains magnificently rare by design, and even rarer on the road."

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