Japanese automaker Nissan Motor Co., Ltd. has announced its aggressive recovery strategy ‘Re:Nissan’, which aims for JPY 500 billion in total cost savings and a return to profitability by fiscal year 2026. The plan, led by new management, includes a sharp focus on cost reduction, manufacturing efficiency and a redefined global product and market strategy.

The urgency of the Re:Nissan plan follows a difficult fiscal year 2024, in which global sales stagnated at 3.346 million units amid intense competition. Consolidated net revenue stood at JPY 12.63 trillion, while operating profit plunged to JPY 69.8 billion – an operating margin of just 0.6 percent. The company reported a net loss of JPY 670.9 billion, with both free cash flow and operating profit in the automotive business turning negative. Compared to FY2023, operating profit dropped by JPY 498.9 billion, underscoring the scale of the turnaround challenge.

Going forward, the company is targeting JPY 250 billion in variable cost reductions through engineering efficiencies and supplier consolidation, alongside another JPY 250 billion in fixed cost cuts by FY2026.

Nissan will reduce its global vehicle plants from 17 to 10 by FY2027, along with cancelling a planned LFP battery plant in Kyushu and streamline powertrain operations.

The automaker also plans to cut 20,000 jobs globally by FY2027, including 9,000 already announced, covering manufacturing, R&D and SG&A functions.

By cutting parts complexity by 70 percent and halving vehicle platforms to 7 by 2035, Nissan aims to slash development lead times. Upcoming models include the all-new Skyline and INFINITI compact SUV.

Nissan will focus on key markets – U.S., Japan, China, Europe, Middle East and Mexico – with localised product approaches. For instance, in the U.S., the company will expand its hybrid lineup and refresh the INFINITI brand.

The Japanese automaker will also deepen alliances with Renault and Mitsubishi Motors and pursue ongoing collaboration with Honda Motor Co in electrification and vehicle intelligence.

Ivan Espinosa, CEO, Nissan Motor Co, said, "In the face of challenging FY24 performance and rising variable costs, compounded by an uncertain environment, we must prioritise self-improvement with greater urgency and speed, aiming for profitability that relies less on volume. As new management, we are taking a prudent approach to reassess our targets and actively seek every possible opportunity to implement and ensure a robust recovery. Re:Nissan is an action-based recovery plan clearly outlines what we need to do now. All employees are committed to working together as a team to implement this plan, with the goal of returning to profitability by fiscal year 2026.”

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BMW India has enhanced its top-selling premium electric vehicle, the locally produced iX1 Long Wheelbase, with a new exterior colour and expanded upholstery selections, available for booking nationwide. The model now presents a fresh Night Dusk Blue metallic paint, deepening its sophisticated and commanding aesthetic alongside existing shades like Carbon Black and Mineral White. Inside, the cabin gains two new sustainably sourced vegan leather options: Veganza Smoke White + Atlas Grey dual tone and Veganza Castanea. These are distinguished by a premium 3D stitching pattern, emphasising both craftsmanship and modern, eco-conscious luxury.

A defining interior design philosophy, the 'Cocooning Effect’, extends the chosen upholstery colour cohesively across the cabin. This approach envelops the door panels, dashboard and speaker mesh, creating a harmonious and immersive environment that is both plush and visually continuous. The iX1 LWB’s interior is characterised by a spacious, modern design that merges innovative functionality with superior materials.

As the brand’s highest-selling electric model, the iX1 has been pivotal to BMW’s leadership in India’s luxury EV segment. The company has consistently adapted the vehicle to market preferences, introducing features like the Surround View Camera and now refreshing its colour and trim options. In under a year, it has become the best-selling electric vehicle in its premium category.

The vehicle combines practicality with sustainability, boasting segment-leading dimensions that make it one of the longest five-seater SUVs in India. Its bold exterior stance is matched by advanced fifth-generation BMW eDrive technology. This integrated drive unit delivers 204 horsepower and 250 Nm of torque, powered by a 66.4 kWh battery capable of up to 531 kilometres on a single charge. Features like adaptive recuperation and one-pedal driving further enhance efficiency and convenience, solidifying its position as a comprehensive premium electric package.

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In what may come as a surprise to many, the made-in-India Hyundai Grand i10 has scored a zero star rating for adult occupant protection in Global NCAP’s #SaferCarsForAfrica campaign.

While the model did score three stars for child occupant protection, the test identified shortcomings in adult occupant protection, which resulted in a risk of life-threatening injuries. The Indian-built model was tested as part of the campaign and the results are valid for South Africa.

The Hyundai’s standard safety equipment includes driver and passenger frontal airbags, but none for side body or head protection, and no Electronic Stability Control (ESC).

The crash test report noted the following:

• Weak protection was concerning for the driver’s chest in the frontal impact test.
• The side impact test indicated a high risk of non-recoverable chest injuries, leading to a strong probability of life-threatening injuries for the adult occupant. Maximum allowed injury levels in a body region such as the chest were exceeded, resulting in zero points for adult occupant protection.
• In the frontal impact test, the bodyshell and footwell were rated as unstable and could not withstand further loading.
• There was no standard side body or head protection, and the Seat Belt Reminder (SBR) was only for the driver.
• There was no standard ESC.

Richard Woods, Chief Executive Officer, Global NCAP, said, “It is unacceptable to see the continued double standard on safety in low and middle-income countries. Democratising vehicle safety in Africa is a Global NCAP priority, and consumers deserve safer vehicles regardless of where in the world they live.”

Bobby Ramagwede, CEO, Automobile Association of South Africa, said, “These results are deeply concerning and highlight a continuing pattern in which vehicles sold in Africa do not meet the same safety standards applied in other regions. South African motorists deserve better. The Hyundai Grand i10’s zero-star rating reinforces the urgent need for manufacturers to commit to equal safety for all markets. This result underlines why Africa urgently needs stronger regulatory standards and greater manufacturer accountability. The AA believes no vehicle should be sold here without side protection systems and Electronic Stability Control as standard. Safety should never be optional, and certainly not reserved for markets outside Africa.”

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Japanese luxury brand Lexus India has introduced a new ‘Exquisite’ grade to its RX 350h line-up, strengthening the model’s presence in the luxury SUV segment.

The new RX 350h Exquisite grade starts at INR 8.99 million (ex-showroom), which goes up to INR 10.09 million (ex-showroom).

The RX 350h Exquisite grade features Lexus’ hybrid system, which combines a highly efficient 2.5-litre inline 4-cylinder engine and high-output motor. It includes a bipolar nickel-metal hydride battery with enhanced performance. On the inside, it gets 10-way power adjusted front seats, heated and ventilated seating for front & rear seats and ambient lighting.

The RX 500h F-SPORT grade is the only Performance Hybrid Electric Turbocharged Luxury SUV in India. The 2.4 L-T HEV on the RX 500h features a front unit integrating a 2.4-L turbocharged engine, motor, a 6-speed automatic transmission and an eAxle with a built-in high output motor driving the rear wheels. The RX 500h features Dynamic Rear-Wheel Steering and DIRECT4 technology for acceleration.

The RX features a Mark Levinson 21-speaker audio system and offers Lexus Safety System+ with Dynamic Radar Cruise Control, Cross Traffic Alert and Safe Exit Assist with Blind Spot Monitor.

Between January and November this year, the RX model recorded 12 percent growth, reflecting rising demand for luxury SUVs in the country. During the same period, SUVs contributed about 40 percent to Lexus India’s overall performance, underscoring the RX’s pivotal role in driving the brand’s momentum.

Hikaru Ikeuchi, President, Lexus India, said, ‘The Lexus RX represents our dedication to luxury, design, performance, and sustainable mobility. As the luxury SUV segment continues to grow, the introduction of the new Exquisite grade allows us to offer guests a wider range of options and features to choose from. This enhancement reflects our continued commitment to expanding our portfolio and elevating the Lexus experience in India, supported by advanced technology and a guest-first philosophy.”

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JSW MG Motor India has announced that its luxury retail channel, MG SELECT, has crossed a triple milestone: reaching 1,000-unit sales, inaugurating its 15th Experience Centre and maintaining the second position in India’s luxury EV market.

The network now encompasses 15 Experience Centres across 14 cities in India, reinforcing the brand's commitment to delivering an exclusive automotive retail journey. The recent inauguration of the 15th store in Jaipur further underscores the brand's ambition to redefine luxury mobility.

The milestone also highlighted sustained market demand for the select portfolio and is a key driver behind the brand’s 32 percent YTD growth in 2025.

The company claimed that the MG Cyberster, India's highest-selling sports car, has a 4–5 month waiting period, and the MG M9 - Presidential Limousine shows strong momentum in the luxury MPV segment. The MG Cyberster is available at an ex-showroom price of INR 7.49 million, while the MG M9 is available at an ex-showroom price of INR 6.99 million.

Anurag Mehrotra, Managing Director, JSW MG Motor India, said, "Our rise to become the second largest luxury EV brand in the country speaks to a singular belief. True luxury is felt in every touchpoint when precision, ambition and care move together. Through MG SELECT we have crafted an ownership world where innovation meets desire and where every interaction feels intentional. We are shaping the next era of electric mobility for India’s most discerning customers, with a commitment that is both bold and deeply personal.”

The MG SELECT Experience Centres are spaces for the brand's flagship vehicles. These venues provide an immersive, gallery-like setting, ensuring the display of these models is the focal point of the customer interaction. The Jaipur showroom, located at Tonk Road near Sanganer Flyover, exemplifies the MG SELECT philosophy of ‘Reimagining Luxury’, featuring spacious, serene, and technologically advanced environments that elevate the car buying journey.

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