Maruti Suzuki India Reports INR 30,692 Million Net Profit For Q2 FY2025, Down 17%
- By MT Bureau
- October 29, 2024
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.
Leapmotor Showcases Electric And Hybrid Models At Brussels Motor Show
- By MT Bureau
- January 25, 2026
Stellantis-owned electric vehicle brand Leapmotor recently showcased its new range of product offerings at the Brussels Motor Show.
The OEM utilised the platform to display its latest vehicle technologies and models as part of an expansion strategy within the European market. The lineup featured both battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs) equipped with range extenders.
The event saw the European debut of the B03X, a model designed to showcase the brand's approach to electric technology. Additionally, Leapmotor provided the first public viewing of the B05 interior, highlighting a design philosophy focused on digital integration and materials.
Leapmotor launched the B10 Hybrid EV, which employs a range extender system. Unlike conventional hybrids where the internal combustion engine frequently powers the wheels directly, this architecture uses the electric motor as the sole source of propulsion. The engine serves as a generator to produce electricity for the battery when required and is never mechanically connected to the drivetrain.
This configuration is intended to provide the torque and noise levels of a pure electric vehicle while addressing infrastructure limitations and range anxiety. The system manages energy automatically, allowing for long-distance travel without a reliance on fast-charging stations. Leapmotor positions this solution as a practical transition for regions with varying levels of electrification readiness.
In a standard HEV, the engine drives the wheels, with the electric motor acting in a supporting role. Conversely, Leapmotor's system maintains a consistent electric driving experience because the engine does not provide mechanical drive.
By removing the mechanical complexity of traditional hybrid drivetrains that switch between multiple modes, the company claims a more refined operation. The range extender is designed to operate only in ideal conditions to optimise efficiency and reduce noise.
Toyoda Gosei Supplies Airbags To Chinese Automaker For First Time
- By MT Bureau
- January 25, 2026
Japanese automotive component supplier Toyoda Gosei Co, has announced that its curtain airbag has been adopted for the LS9, a luxury battery electric vehicle (BEV) from the Chinese brand IM Motors.
This marks the first instance of a Chinese manufacturer utilising an airbag system produced by the Japanese company.
The curtain airbag is designed to deploy across windows during side collisions to reduce head impacts. The unit developed for the LS9 is 15 percent smaller in volume compared to previous versions. Despite the reduced size, the component meets the safety criteria of the Chinese New Car Assessment Programme (C-NCAP).
To meet the development timelines required by Chinese manufacturers, Toyoda Gosei used Computer-Aided Engineering (CAE) technology during the design phase. This allowed the company to simulate performance and refine the product without the need for extensive physical prototyping.
The company is expanding its development capacity in China to compete with emerging manufacturers and the growth of the electric vehicle sector. By providing safety systems that meet regional requirements, Toyoda Gosei intends to increase its presence within the Chinese automotive market.
Mahindra Launches Thar Roxx Star EDN At INR 1.68 Million
- By MT Bureau
- January 23, 2026
Mumbai-headquartered automotive major Mahindra & Mahindra has introduced the Thar Roxx Star EDN at prices starting INR 1.68 million for the diesel variant (manual transmission), INR 1.78 million for the petrol variant (automatic transmission) and INR 1.83 million for the diesel automatic.
This marks the expansion of the Thar Roxx range, which now features updated design elements on the interior and exterior.
The new variant incorporates a piano black front grille and matching R19 alloy wheels to update the appearance. The model introduces a Citrine Yellow colour option alongside existing shades of Tango Red, Everest White and Stealth Black.
The interior features black leatherette seats with suede accents. Standard cabin features include ventilated front seats, a sliding armrest and a 26.03-cm HD touchscreen infotainment system. The technology suite comprises a digital instrument cluster, a nine-speaker Harman Kardon audio system and Adrenox connected car features with Alexa integration. For safety, the vehicle is equipped with six airbags, a surround-view camera, and parking sensors at the front and rear.
The Thar Roxx Star EDN retains the engine options from the standard range, featuring the G20 TGDi mStallion petrol engine and the D22 mHawk diesel engine. The petrol unit produces 130 kW and 380 Nm of torque, while the diesel engine delivers 128.6 kW and 400 Nm. These variants are available with a rear-wheel-drive system and a choice of manual or automatic transmissions.
The SUV is built on the M_GLYDE body-on-frame platform and includes selectable terrain modes for snow, sand, and mud. It also features a brake locking differential to assist in various driving conditions.
Tata Motors Expands Xpres Fleet Portfolio With Petrol And CNG Variants At Prices Starting INR 559,000
- By MT Bureau
- January 23, 2026
Tata Motors Passenger Vehicles (TMPV) has launched petrol and twin-cylinder CNG versions of the Xpres sedan to broaden its fleet-specific offerings. The petrol model is priced from INR 559,000, while the CNG variant starts at INR 659,000 (ex-showroom Delhi).
This expansion follows the introduction of the Xpres EV and is intended to provide a range of powertrains for commercial operators, including cab aggregators, airport transfers, and tourist services.
The Xpres CNG features a 70-litre water capacity fuel tank using twin-cylinder technology. This configuration is intended to maximise travel range while maintaining boot space, a factor that has previously limited luggage capacity in gas-powered vehicles. The petrol variant provides a boot capacity of 419 litres. Both models are powered by a 1.2-litre Revotron engine paired with a manual transmission, designed for the duty cycles required in professional mobility.
The company has stated that the maintenance cost for these vehicles is INR 0.47 per kilometre. To support fleet owners, Tata Motors has established dealerships in selected cities dedicated to commercial sales and service. These facilities are intended to provide faster vehicle turnaround and support.
The vehicles come with a standard warranty of three years or 100,000 km, which can be extended to five years or 180,000 km. The manufacturer has also introduced finance solutions specifically for fleet purchasers to assist with the acquisition of the petrol and CNG models.
Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility, said, “Tata Xpres was created to address the real operating challenges faced by fleet customers, including passengers and owners. Responding to the needs of our fleet customers, we are elated to introduce the first-in-segment 70-litre twin-cylinder CNG variant with best-in-segment usable boot space, alongside a petrol variant with the largest boot space. Built on our proven 1.2-litre Revotron powertrain and supported by long-term warranty, tailored finance and dedicated fleet dealerships, Tata Xpres fleet with its complete range of electric and ICE powertrains will offer a complete, future-ready mobility platform to our customers, in turn expanding our market share across India’s commercial mobility landscape.”
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