Skoda Auto India, one of the leading passenger vehicle manufacturers, has taken the wraps of the all-new Skoda Kylaq, the company’s third model developed locally for the Indian market. With prices starting at INR 789,000, this is the most affordable Skoda car currently available in the market.

This also marks the Czech brand’s first model in the popular sub-4-metre segment, which at present accounts for nearly 50 percent of sales in the Indian car market. The Kylaq C-SUV is the first model in India to feature Skoda’s new Modern Solid design language.

Klaus Zellmer, CEO, Skoda Auto, said, “The Skoda Kylaq is our first sub-4-metre SUV, designed in India and for India as a new entry point to our brand. India is key to our internationalisation plans, the world’s third-largest car market, and SUVs make up 50 percent of new vehicle sales. We want the Kylaq to welcome new customers who are looking in this popular and fast-growing segment. Adding to its appeal, the Kylaq marks the debut in India of our Modern Solid design language, with new visual accents.”

The Kylaq features 189mm of ground clearance, is 3,995mm long, 1,783mm wide and is 1,619mm tall with a 2,566mm wheelbase.

The 1.0 TSI engine produces 178Nm of torque and delivers 85 kW of power. The compact SUV can be had with a six-speed manual or automatic transmission. It has a claimed top speed of 188kmph and can go from zero to 100kph in 10.5 seconds.

Johannes Neft, Skoda Auto Board Member for Technical Development, said, “The Skoda Kylaq is our third offering based on the MQB-A0-IN platform, developed by our teams in India with comprehensive support by our colleagues in the Czech Republic for Indian customers. From the outset, this platform was designed to accommodate a sub-4-metre car like the Kylaq. This SUV is built on four key pillars: comfort, quality, global design language, and safety. That’s why the Kylaq has been rigorously tested across varied terrains, altitudes, and weather conditions. It will lead our presence in India’s fastest-growing and most competitive segment.”

The Kylaq gets over 25 active and passive safety features as standard including six airbags, multi-collision brake, roll over protection, motor slip regulation, electronic differential lock, XDS+, anti-lock brakes, electronic brake force distribution, and electronic stability control, among others. Select variants come equipped with over 35 safety features, such as cornering lights, automatic headlights and wipers, Hill Hold Control, and tyre pressure monitoring system (TPMS).

In terms of space, the five-seater compact SUV has 446 litres of storage, which can be expanded to 1,265 litres with the rear seats folded.

On the inside, it features 10.1-inch infotainment display, which gets Android Auto and Apple CarPlay along with wireless charging support. The driver also gets a 8-inch digital cockpit that provides plenty of information.

Skoda India claims that the Kylaq has been tested for more than 800,000km of Indian terrain, including altitude test, temperature test and rigorous weather and water testing.

Piyush Arora, MD and CEO, Skoda Auto Volkswagen India, said, “Today is another important milestone in our India journey with the World Premiere of the Skoda Kylaq. Kylaq has generated tremendous excitement and buzz through 2024. And I’m extremely proud to unveil the Skoda Kylaq to India and to the world. With its high levels of localisation, unmatched driving dynamics and uncompromising safety, Kylaq will make a significant impact in the market.”

Oliver Stefani, Head of Skoda Design, said, “With the new Kylaq, our Skoda Design team has preserved and re-interpreted key Skoda design elements, combining them with new ideas and visual accents. It is one of the hallmarks of our new Modern Solid design language, ushering in a new era for design in a car that ushers in a New Era for us in India. Modern solid stands for solidity, functionality and authenticity while conveying a sense of safety and strength. The Skoda Kylaq, with its distinctive shape, minimalist and clean looks and functional features like a high ground clearance is a perfect embodiment of our new design approach to customers in India.”

Petr Janeba, Brand Director, Skoda Auto India, shared, “The Kylaq has literally hit the ground running and is going to be powering our growth in India over the next few years. It is the beginning of a new era for us in India. We are aware we are entering what is currently the most competitive segment in India. And are confident the Kylaq has what it takes to make an impact with its safety and driving dynamics. Moreover, the Kylaq boasts some segment-leading features like a six-way front electric seat adjustment with seat ventilation, and a class-leading 446 litres of boot space. The Kylaq continues with our India-focussed product line-up following the Kushaq and Slavia and will further our goal of entering newer markets and bringing new customers into the Skoda family. We believe we have stuck to our promise of accessible pricing of the Kylaq and look forward to ensure it democratises European technology in India. It is a compact car but is larger than life. And that’s the reason we premiere it via a motion picture premiere like never before.”

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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.”

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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.

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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.”

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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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