Renault India Enhances Product Portfolio For 2024

Renault India Enhances Product Portfolio For 2024

Buying the Renault Kwid, Triber and Kiger in 2024 has become exciting with the French automaker Renault giving them a facelift in terms of cosmetics as well as functions. The company has also announced that it will launch five new products over the next three years.  

The announcement comes within a few months of the new Duster compact SUV breaking cover in Europe. Of the five new products scheduled to be launched over the next three years, the first is said to be the Duster therefore (Read more about this in the January-February 2024 issue of Motoring Trends). The earlier generation vehicle was discontinued sometime back as it eventually lost traction in an increasingly competitive market. 

To realise its ambitions in India which is a highly competitive auto market in the world and showing good growth, Renault it is not surprising to learn will invest part of the Eur 3 billion it has earmarked in India as one of its four key international destinations.   

Other than the likelihood of Duster, the five new launches will include the next generation avatars of the Kiger and Triber. These will carry substantial local content and manufacturing prowess as part of the 'Make in India' strategy. 

With a manufacturing plant at Oragadam, Chennai, Renault in India also has a logistics and technology centre other than a design studio in Mumbai. As part of its commitment to the Indian market, the French automaker – present in India through the Renault Nissan Alliance that was put in place by the erstwhile CEO Carlos Gohn – has enhanced the existing Kwid small car range for 2024 by introducing three new dual-tone exterior body colours. The vehicle also gets eight-inch touchscreen Media NAV system on the RXL(O) variant, The addition of RXL(O) Easy-R AMT variant means the Kwid is now available with an AMT transmission as well. 

The 2024 Triber gets driver seat armrest, powerfold outside rear-view mirrors (ORVM), seven-inch TFT instrument cluster, wireless charger and new Stealth Black body colour. The RXT variant gets a rearview camera and a rear wiper. The RXL variant gets rear AC vents with dedicated AC control for the second and third rows. Besides LED cabin lamps, the Triber gets a PM2.5 air filter and rear seatbelt reminder. The Triber is already available with AMT transmission. 

The stylish Kiger gets luxurious semi-leatherette seats, leatherette steering wheel, a welcome and goodbye sequence with auto fold outside rear-view mirrors (ORVM) and bezel-less autodim inside rear-view mirror (IRVM). On the turbo engine variant, the rear brake callipers are painted red. Available with an AMT transmission already, the vehicle gets auto AC, powerfold ORVM, cruise control, LED cabin lamps on all the variants. 

To its Indian customers, Renault is offering two years standard warranty and seven years extended warranty on the 2024 vehicle range.

Venkatram Mamillapalle, Country CEO and Managing Director, Renault India Operations, said, “Over the next three years, we are set to embark on an exhilarating journey with five product launches, encompassing both entirely new models and the next generation from our current product range. This significant stride forward is not only a testament to our commitment but also marks the introduction of the all-new Renault brand identity to the Indian market. Our primary goal is to deliver exceptional value, create delightful experiences, and evoke a renewed sense of pride among Renault owners.”

Tata Motors To Gift Sierra SUVs To Women's World Cup Winning Team

Tata Sierra

Tata Motors Passenger Vehicles has announced it will present the Indian Women’s Cricket Team with the first lot of the soon-to-be-launched Tata Sierra SUV following their victory at the ICC Women's World Cup. The Tata Sierra is slated to be launched on 25th November.

The company will gift the top-end model of the Sierra to each team member as part of its salute to the team’s journey and contribution to the country.

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “The Indian Women’s Cricket Team has made the entire nation proud with their extraordinary performance and remarkable win. Their journey stands as a true testament to determination and the power of belief, qualities that inspire every Indian. At Tata Motors Passenger Vehicles, we are privileged to present these legends with another legend, The Tata Sierra. This is our salute to their spirit and the pride they have brought to the nation – Two legends, One spirit, Infinite inspiration.”

Maruti Suzuki India Crosses 30 Million Unit Sales Milestone

Maruti Suzuki India

Maruti Suzuki India, the country’s leading passenger vehicle manufacturer, has attained a new milestone by crossing the 30-million-unit sales milestone in the domestic market.

The new benchmark was attained by the company over a course of 42 years, with the first 10 million unit sales taking 28 years and 2 months to achieve.

The 20 million unit sales took 7 years and 5 months, while the recent milestone took just 6 years and 4 months.

Interestingly, the entry-level hatchback Alto was the most preferred model in the country, with over 4.7 million units sold, followed by Wagon R with 3.4 million units and the sporty Swift with 3.2 million units.

The Brezza and Fronx SUVs also played an instrumental role in contributing to the sales milestone, being featured among the top 10 models sold in the country.

It was on 14th December 1983, Maruti Suzuki India delivered its first model, the iconic Maruti 800, to its first customer.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “When I look at the length and breadth of India and think that 3 crore customers have placed their trust in Maruti Suzuki to realise their dream of mobility, it fills me with humility and gratitude. Yet, with car penetration at approximately 33 vehicles per 1,000 people, we know our journey is far from over. We will continue to make every possible effort to bring the joy of mobility to as many people as we can, while also be an asset to both the economy and the environment at the same time.”

Sharad Agarwal Is Tesla India’s First Business Head

Sharad Agarwal

American electric vehicle maker Tesla has appointed Sharad Agarwal, former Chief Business Officer of Classic Legends, as its new business head, according to a report by Bloomberg.

The report further stated that Agarwal joined the EV maker a week ago and is tasked to drive sales for Tesla in India, which as per industry observers, has not performed as per the company’s expectations.

Agarwal, an automotive industry veteran, had begun his career with TVS Motor Co as Area Sales Manager in December 2002, before joining Mahindra First Choice Wheels as its Business Head for North and Eastern region in March 2007.

It was in January 2013, he moved to Audi India as the head of Sales, before taking over as the head of Lamborghini India in April 2016, where he spent almost 9 years, before joining Classic Legends.

During his tenure at Lamborghini, the Italian super luxury car maker saw its dealerships across India achieved a Return on Sales (RoS) of more than 10 percent, setting a new benchmark for the automotive business in the country. He also grew India’s ranking for the automaker as the third market globally in terms of PR visibility in 2021.

He also expanded Lamborghini India’s reach to over 60 cities, with sales volumes from Tier 2 and Tier 3 cities contributing more than 25 percent of the total.

Tesla, which formally started deliveries in September 2025 with its first dealership in Mumbai and the second facility in Delhi, has till date delivered 114 vehicles, of the estimated 600-plus bookings.

File photo for representational purposes only.

Mahindra & Mahindra Reports INR 36 Billion Net Profit For Q2 FY2026

Mahindra Rise

Mumbai-headquartered business conglomerate Mahindra & Mahindra has announced its financial results for Q2 FY2026 with consolidated Revenue reaching INR 461 billion, marking a 22 percent YoY growth.

The consolidated Profit After Tax (PAT) stood at INR 36 billion, a 16 percent increase YoY. The company stated that, excluding specific one-time impacts, PAT growth was 28 percent YoY.

Mahindra’s Auto business reported sales of 262,000 vehicles, up 13 percent, which includes around 146,000 SUV sales. This translated to a revenue of INR 271 billion, up 25 percent YoY, while net profit came at INR 15 billion, up 8 percent YoY.

On the other hand, the farm sector reported its highest ever Q2 market share at 43 percent with sales of 123,000 units, up 32 percent YoY. The revenue came at INR 102 billion, up 25 percent, while consolidated net profit came at INR 11 billion, up 45 percent YoY.

Dr. Anish Shah, Group CEO & Managing Director, Mahindra & Mahindra, said, “We are pleased with the strong execution and solid performance delivered across the group in Q2 FY2026. Auto and Farm sustained their leadership with consistent gains in market share and profitability. TechM is progressing well on its transformation journey. MMFSL achieved a 45 percent PAT growth and remains committed to quality growth and digital transformation. Our Growth Gems are steadily advancing towards their ambitious goals, reinforcing our long-term value creation potential.”

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), Mahindra & Mahindra, said, “Strong performance of our Auto and Farm businesses continues in Q2 FY2026 reinforcing our leadership position, with a gain of 390 bps YoY in SUV revenue share, and 100 bps YoY in LCV (< 3.5T) market share. In Tractors, we gained 50 bps YoY to reach 43 percent market share. Our Auto Standalone PBIT margin (excl. e-SUV Contract Mfg.) improved by 80 bps to 10.3 percent and core Tractor PBIT margins improved by 190 bps to 20.6 percent.”

Amarjyoti Barua, Group Chief Financial Officer, Mahindra & Mahindra, “Our solid Q2 consolidated results reflects the strength of our diversified portfolio. We continue to deliver on our strategic priorities. We had strong cash generation in the first half, delivering over INR 100 billion of operating cash flow. We remain committed to sustainable growth and value creation.”