In the wake of good demand for its Kodiaq full-size and flagship SUV in India, Skoda Auto has decided to increase its dispatch to 720 units per quarter through the CKD (parts and components vehicle) route. Considered as an alternative to the Toyota Fortuner SUV and a plusher one that, the Kodiaq 4x4 SUV is available at a starting price of INR 3.79 million ex-showroom.
Compared to the Fortuner, whose 4x4 AT models are priced close to INR 4.5 million ex-showroom approximately, the Kodiaq, with the capacity to seat seven people comes only in the petrol guise. The diesel engine option was dropped in 2020 when the country transitioned to BS VI emission norms.
Treated to a face-lift this year, the full-size SUV is powered by a 190 PS, 2.-litre TSI turbo-petrol engine of the Volkswagen lineage. Claimed to be 4.2 percent more efficient than earlier, the vehicle now features door-edge protectors that automatically reveal themselves when the doors open, protecting the door edge from dings and scratches. The rear spoiler gets additional finlets to aid airflow and improve aerodynamics. The rear passengers get a lounge step to rest their foot, and outer headrests in the second row, furthering the luxury and comfort quotient.
Petr Šolc, Brand Director, Škoda Auto India, said, “The Kodiaq was our first ever foray into the full-size SUV fold, and it has been a resounding success internationally and in India. Though premium, it is a high value luxury 4x4 that has seen much demand from Indian consumers because of the complete off-road luxury package it offers for the family. The increased allocation will ensure that the Kodiaq can now be enjoyed by more SUV customers who demand the best there is in terms of safety, luxury and value with off-road ability.”
Based on the Volkswagen Group MQB platform which is also shared by the Volkswagen Tiguan Allspace and SEAT Tarraco, the Kodiaq is a monocoque construction. On the dynamics front, it features dynamic chassis control (which enables the suspension to be raised or lowered by 15 mm and enhance all-terrain abilities with an off-road button) and driving modes – Eco, Comfort, Normal, Sport, Individual and Snow – which influence dynamics and performance.
The top variant, Laurin & Klement offers enhanced rear seat luxury with stone beige leather dual tone upholstery and 18-inch stylish alloys. The SportLine variant is driver-oriented with all black suedia interiors, a 3-spoke flat-bottom sport steering wheel, more side bolstering in the seats, integrated headrests and expanded shoulder support sport seats for enthusiastic cornering.
The 12-way adjustable electric seats in the front are available with in-built cooling and heating in the L&K variant. Other than the stylish three or two-spoke steering wheel, ambient lighting, Canton 625-Watt 12-speaker audio system with a subwoofer, windows that can be remotely shut or opened, and a panoramic sunroof, the Kodiaq SUV is equipped with an 8-inch infotainment touchscreen in-built navigation and full connectivity via the MyŠKODA ConnectED App.
Flaunting a full-digital instrument panel, the vehicle comes with a five-star score for Euro NCAP. It is fitted with 9 airbags as standard. Offering adaptive front LED headlights; automatic dimming and defogging across all transparent surfaces; electronic, mechanical and hydraulic brake assist; stability control, and multi-collision braking and park assist with handsfree parking, the full-size SUV presents good storage space in the form of double dashboard storage, under steering storage and a jumbo box. The top variant gets Tyre Pressure Monitoring System (TPMS) and a 360-degree camera as standard.
Mahindra Reports Consolidated PAT Of INR 46.75 Billion For Q3 FY2026
- By MT Bureau
- February 11, 2026
Mumbai-headquartered automotive major Mahindra & Mahindra (M&M) has announced its financial results for Q3 FY2026, reporting a consolidated Profit After Tax (PAT) of INR 46.75 billion, representing a 54 percent YoY growth.
The automotive division recorded quarterly volumes of 302,000 units, up 23 percent YoY. SUV revenue market share rose by 90 bps to 24.1 percent. The automotive business reported consolidated revenue of INR 303 billion, up 30 percent YoY, while PAT stood at INR 19.93 billion, up 42 percent YoY.
In the farm sector, tractor volumes reached 150,000 units, up 23 percent YoY, which translates to a market share of 44 percent for Q3. The revenue came at INR 115 billion, up 21 percent YoY, while PAT came at INR 10 billion, up 7 percent YoY.
Dr. Anish Shah, Group CEO & Managing Director, said, “We are delighted to report solid operating performance across the group in Q3’F26, reflecting our strong focus on growth coupled with disciplined execution. Auto & Farm has maintained its leadership position on the back of steady customer demand, strong product acceptance and unwavering focus on operational excellence. TechM continues to make meaningful progress. Mahindra Finance delivered another solid quarter with meaningful PAT growth while maintaining strong asset quality. We are especially pleased to see breakout performance from two of our growth gems, Mahindra Logistics and Mahindra Lifespaces.”
Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), said, “Auto and Farm businesses delivered strong performance in Q3’FY26. We have achieved a 90 bps YoY increase in SUV revenue share and 10 bps YoY increase in LCV (< 3.5T) market share in Q3. Our tractor business gained 20 bps YoY to reach an impressive 44.1 percent share for YTD FY26. Our new launches XEV 9S, and the XUV 7XO have received very positive response in the market.”
Amarjyoti Barua, Group Chief Financial Officer, added. “Our Q3 consolidated results reflects the strength and depth of our diversified portfolio. Our services businesses continue to increase their contribution to the overall results. Our results are also translating into a very strong Balance Sheet.”
- CEER
- Saudi Arabia
- Abdul Latif Jameel
- Zamil Trade & Services
- Zamil Plastics
- NSSPC
- KK Nag
- Mino
- FEV
- AVL
- MK Tron
- XYG
- Sika
- AITS
- FPI
- James DeLuca
CEER Inks 16 Agreements Worth USD 996 Million To Expand Saudi EV Supply Chain
- By MT Bureau
- February 10, 2026
CEER, Saudi Arabia’s first electric vehicle (EV) brand and Original Equipment Manufacturer (OEM), has signed 16 commercial agreements valued at over SAR 3.7 billion (USD 996.90 million). The deals were announced at the 4th PIF Private Sector Forum, following SAR 5.5 billion (USD 1.4 billion) in agreements secured at the previous year's event.
The partnerships are part of a localisation strategy that aims to source 45 percent of vehicle materials and components from Saudi companies by 2034. The supply chain will support CEER’s production plan of seven models over the next five years.
The agreements cover a range of essential automotive components and services:
- Fluids and Plastics: Abdul Latif Jameel (ALJ) will supply windshield washer fluid and EV coolants. Zamil Trade & Services and Zamil Plastics will provide brake fluids and aerodynamic covers.
- Materials and Polymers: NSSPC is contracted for PP resin and polymer compounds, while KK Nag will provide Expanded Polypropylene (EPP).
- Engineering and Infrastructure: Mino will install steel Body Shop equipment. FEV and AVL will provide engineering services.
- Manufacturing: MK Tron will produce small stampings, window regulators, and door hinges. FPI will supply front-end modules and XYG will provide glazing solutions.
- Chemicals and HVAC: Sika is contracted for structural adhesives and cavity baffles, while AITS will work on HVAC localisation.
The project is expected to contribute SAR 30 billion (USD 8 billion) to Saudi GDP by 2034 and improve the trade balance by SAR 79 billion (USD 21 billion). CEER estimates the creation of 30,000 direct and indirect jobs, aligning with the industrial diversification goals of Saudi Vision 2030.
James DeLuca, CEO, CEER, said, “These agreements are a cornerstone of CEER's wide and deep localisation strategy, which targets sourcing 45 percent of vehicle materials and components from Saudi companies by 2034. Our approach goes beyond mere assembly, we are utilising local raw materials and empowering Saudi companies to become global suppliers, directly contributing to Vision 2030’s mission to diversify the national automotive industry and drive sustainable economic growth.”
“These agreements represent a major step in building a comprehensive automotive ecosystem in the Kingdom. By using local materials and resources, attracting advanced technology and foreign investment, and localising the production of heavy and labour-intensive components, we aim to reduce CO2 emissions and create meaningful job opportunities for Saudi nationals,” added DeLuca.
Cars24 Introduces Refreshed Brand Identity
- By MT Bureau
- February 09, 2026
Cars24 has unveiled a refreshed brand identity, moving from its original transactional focus towards a car ownership ecosystem.
Founded in 2015, the company originally utilised an all-caps logo – CARS24 – to establish a presence in a fragmented market. The updated identity shifts the name to sentence case, Cars24, which the company states reflects maturity and a focus on trust.
The core of the redesign features an open circular logo. According to the company, this form represents the continuity of car ownership, where vehicles change hands and user needs evolve. The open shape is intended to signal flexibility rather than closure.
The brand has also replaced its traditional blue with a brighter shade. This ‘younger blue’ is intended to make the brand appear more attentive and human as it scales its operations.
The identity update was the result of over 1,200 hours of design and iteration. The goal of the project was to create a look that remains relevant as the company expands its services beyond buying and selling into broader ownership systems.
Vikram Chopra, Founder & CEO, Cars24, said, “When we started, being loud helped. But as the company and the team grew up, the work started speaking for itself. This change is about reflecting who we are today, calmer, more human and focused on earning trust over time.”
Maruti Suzuki India Increases Rail Dispatches To 585,000 Units, Up 18% In 2025
- By MT Bureau
- February 09, 2026
Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported the dispatch of over 585,000 vehicles using the railway network in CY2025, which marked an 18 percent growth compared to CY2024.
Over the last decade, the company's use of rail for outbound logistics has risen from 5.1 percent in 2016 to approximately 26 percent in 2025. The shift aims to reduce carbon emissions, oil imports and road congestion.
In 2025, Maruti Suzuki India inaugurated an in-plant railway siding at its Manesar facility. The company also became the first manufacturer to dispatch vehicles to the Kashmir valley using the railway bridge over the Chenab river.
Combined dispatches from in-plant sidings at Gujarat and Manesar accounted for 53 percent of the company's total rail volumes during the year. The manufacturer currently employs 45 flexi-deck rakes, with each train capable of transporting approximately 260 vehicles.
The company was the first automaker to receive an Automobile-Freight-Train-Operator (AFTO) license in 2013. Since FY2014-15, it has transported more than 2.8 million vehicles to 600 cities using a hub-and-spoke model.
Hisashi Takeuchi, MD & CEO, Maruti Suzuki India, said, “The year 2025 marks our highest-ever rail dispatch, with over 585,000 units. During the year, we strengthened our green logistic efforts through two landmark events – the inauguration of India’s largest automobile in-plant railway siding at our Manesar facility and second was we dispatched vehicles by rail to Kashmir valley through the world's highest railway arch bridge over Chenab river, a first by any automobile manufacturer. Our mid-term goal is to increase rail-based vehicle dispatches to 35 percent by FY 2030-31, contributing to India’s net-zero ambition by 2070. Maruti Suzuki India has adopted a comprehensive ‘Circular Mobility’ approach to sustainability, aiming to reduce its carbon footprint across the entire vehicle lifecycle – from design and production to logistics and end-of-life vehicle (ELV) management.”

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