SUVS Account For A 43% Y-O-Y Traffic Increase Across All Sub-Segments
- By MT Bureau
- October 29, 2024
SUVs continue their dominant streak as the vehicle of choice across demographics. They have come to account for a 43 percent year-on-year traffic increase across all sub-segments, according to a statement by CarDekho.com.
Released with an eye on the festive season of 2024, the statement takes a look at the pre-festive season traffic trends across various sub-segments of the four-wheel passenger vehicle industry during the period April-September.
With SUVs dominating, the statement reads that 58 models are available in the respective segment. Stating that more models are scheduled to be launched in FY2024-25, it underlines the broad range of fuel and engine type combinations, catering to diverse consumer needs and providing tailored options to suit varying preferences.
In the April-September 2024 period, the mass SUV segment led the growth in the automotive market, registering a strong 43 percent year-over-year (YoY) increase in traffic. Its contribution to overall traffic on the platform rose from 50 percent to 63 percent, making it the most dominant body type.
While all SUV sub-segments displayed significant growth, the compact SUVs (sub-four-metre) sub-segment led the charge in the SUV segment with 37 percent year-on-year growth, increasing their traffic contribution from 32 percent to 38 percent.
Interesting is the rise in prices of hatchbacks in the Indian market with their average selling price getting close to the average selling price of SUVs.
This is said to be one of the factors that is leading to a switch to SUVs. With executive SUVs witnessing the highest growth within the SUV category at 47 percent year-on-year increase (their share is rising from 15 percent to 19 percent respectively), the demand for SUVs is expected to rise steadily over the short and mid-term as existing as well as new infrastructure quality continues to be a matter of concern. The quality of infrastructure looks inversely proportional to the rise in toll tax ironically across highways and city roads.
The midsize SUV sub-segment also performed well with a 31 percent year-on-year increase, as per the CarDekho.com statement.
Mass hatchback segment
In the mass hatchback segment, traffic grew by 28 percent year-on-year, driven largely by premium hatchbacks that make up 86 percent of the total traffic in the respective category.
Premium hatchbacks experienced a 31 percent year-on-year growth, while mini hatchbacks grew by 20 percent. The micro hatchbacks saw a 22 percent decline in traffic (this includes cars like the Marut Alto).
With a shift in consumer interest away from smaller, ultra-compact vehicles evident, it is the SUVs that seem to benefit from rather than sedans.
The sedans showed the lowest growth among all body types with an 18 percent year-on-year increase, maintaining a consistent 15 percent share of overall traffic. Despite this, the premium sedan segment saw a significant 65 percent year-on-year growth even though it is driven by just one model. The sub-segment’s contribution remains at only one percent of total site traffic.
“The continued growth of the SUV segment reflects a strong and evolving consumer preference within the automotive industry. SUVs have become the vehicle of choice for a wide range of buyers due to their versatility, enhanced driving comfort, and ability to meet the diverse needs of Indian consumers. Compact SUVs, in particular, have gained significant traction, offering the perfect combination of practicality and performance. As we see this segment expand, it's driving healthy competition, promoting innovation, and ultimately offering a wider range of choices to the Indian consumer. This surge signals a maturing market where consumers are increasingly discerning, pushing the industry to elevate its game across design, features, and value proposition,” said Mayank Jain, CEO, New Auto (CarDekho Group).
Luxury autos
On the luxury brand side, the CarDekho.com statement reads, that traffic rose by 17 percent year-on-year across all model pages. Although luxury vehicles continue to garner interest, their share of total traffic remains relatively low compared to mass market segments, it mentioned.
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Lamborghini Reports EUR 768 Million Operating Income For 2025
- By MT Bureau
- March 19, 2026
Italian supercar manufacturer Automobili Lamborghini has recorded the highest revenue in its history for the 2025 fiscal year, reaching EUR 3.20 billion, which marks a 3.3 percent increase over the previous year and marks the second consecutive year the company has exceeded the EUR 3 billion threshold.
The company reported an operating income of EUR 768 million with a profitability rate of 24 percent. These figures were achieved despite a volatile macroeconomic environment and specific exogenous pressures.
Key Financial Impacts:
- Currency and Trade: Negative exchange rate fluctuations and the introduction of US tariffs influenced the operating result.
- Strategic Investment: Costs associated with the Direzione Cor Tauri electrification strategy were fully accounted for during the financial year.
- Mitigation: The impact of these factors was moderated through a refined product mix and cost control measures.
In 2025, Lamborghini delivered 10,747 cars, surpassing the 10,000-unit mark for the third year in a row. A significant driver of value was the Ad Personam personalisation programme, with 94 percent of all vehicles delivered featuring at least one bespoke element.
The Revuelto and the newly launched Temerario, which began customer deliveries in early 2026 – form the core of the brand's hybridisation strategy. The Temerario features a powertrain capable of 10,000 rpm, a first for a production engine from the manufacturer.
The current range, including the Revuelto, Urus SE and Temerario, is now fully hybridised. Lamborghini has also confirmed plans for a fourth hybrid model as part of its long-term industrial vision, which remains focused on sustainable growth alongside the eventual development of a fully electric vehicle.
For 2026, the company intends to unveil further product developments at international events, including the Goodwood Festival of Speed and Monterey Car Week.
Stephan Winkelmann, Chairman and CEO, Automobili Lamborghini, said, “2025 shows that the strength of Automobili Lamborghini lies not only in numbers, but in our ability to manage complexity. In a challenging global context, we continued to grow, protecting profitability and further strengthening brand value. Our strategy is clear: discipline, long-term vision and product centrality. This balance allows us to turn external challenges into opportunities for consolidation and to continue creating sustainable value.”
Paolo Poma, Managing Director and CFO, Automobili Lamborghini, said, “External factors and the volatility of the broader macroeconomic environment made 2025 a particularly challenging year. In this context, we have closed a positive financial and business 12 months, safeguarding our level of profitability, which positions us among the most profitable players in the global luxury sector. The results achieved confirm our objective of sustainable growth while preserving profitability.”
BMW Group India Launches MINI Cooper S Victory Edition At INR 5.75 Million
- By MT Bureau
- March 19, 2026
German luxury brand BMW Group India has introduced the MINI Cooper S Victory Edition at INR 5.75 million. The special edition model made its debut at the Sanghi Classic dealership in Jaipur. It is available as a Completely Built-Up (CBU) unit, with bookings open at all authorised dealerships and deliveries commencing immediately.
The Victory Edition serves as a tribute to the 1965 Monte Carlo Rally, where the Mini Cooper S, driven by Timo Mäkinen and Paul Easter, secured a win. The new edition incorporates bespoke styling elements intended to reflect this motorsport heritage while utilising modern vehicle technology and craftsmanship.
Hardeep Singh Brar, President and CEO, BMW Group India, stated, “The new MINI Cooper S Victory Edition is a bold tribute to the legendary 1965 Monte Carlo Rally win, bringing a historic racing soul to modern Indian roads. This limited-run masterpiece captures the aesthetic essence of MINI's competitive DNA, meticulously crafted for those who demand a drive that looks as iconic as it feels. We are thrilled to offer Indian enthusiasts a unique opportunity to own a piece of motorsport history, reimagined with bespoke styling that honors our championship heritage. This special edition is a visual celebration of our past and a testament to the timeless spirit of performance that defines the MINI brand today.”
Audi Group Reports EUR 3.4 Billion Operating Profit For Fiscal Year 2025
- By MT Bureau
- March 19, 2026
German luxury automotive brand Audi Group has concluded the 2025 fiscal year with a revenue of EUR 65.5 billion, an increase from EUR 64.5 billion in 2024. The company reported an operating profit of EUR 3.4 billion and a net cash flow of EUR 3.4 billion, despite facing geopolitical challenges and industrial competition.
The group's operating margin for 2025 stood at 5.1 percent, down from 6.0 percent the previous year. Financial results were impacted by EUR 1.2 billion in US tariffs and additional expenses related to CO2 compliance provisions. The rescheduling of a shared electric platform for the D-segment also affected the margin.
Brand Group Performance (Deliveries):
- Audi: 1,623,551 cars (down from 1,671,218 in 2024).
- Lamborghini: 10,747 vehicles (up from 10,687).
- Bentley: 10,131 cars (down from 10,643).
- Ducati: 50,895 motorcycles (down from 54,495).
Profit after tax increased to EUR 4.6 billion, supported by a financial result of EUR 2.2 billion, which included EUR 504 million from operations in China.
Audi reported a 36 percent increase in fully electric vehicle (BEV) deliveries, totalling 223,032 units. The Audi Q6 e-tron and Audi A6 e-tron accounted for approximately 84,000 and 37,000 units respectively.
In China, the company launched the AUDI E5 Sportback under its new China-exclusive sister brand, AUDI. For 2026, the company plans to introduce the Audi A2 e-tron as an entry-level electric model and the Audi Q9 as a flagship SUV.
For fiscal 2026 the Audi Group has announced that it aims to increase its revenue upto EUR 68 billion, attain operating margin of 6-8 percent and net cash flow of EUR 3 billion to EUR 4 billion.
The 2026 season also marks Audi's debut in Formula 1 with the Audi Revolut F1 Team, following the season opener in Australia on 8 March 2026.
Gernot Dollner, CEO, Audi, said, “Geopolitical uncertainties and global competitive pressure kept the automotive industry on its toes again last year. In times like these, Audi has the right answers and takes bold decisions. In 2025, we introduced the first model from AUDI, our China-exclusive sister brand, and previewed a rigorously clean new design. We will continue to push our renewal forward in 2026, launching key new models, focusing on strong partnerships, and entering Formula 1 for the first time. In this way, we’ll accelerate our push in global competition.”
Jurgen Rittersberger, CFO, Audi, said, “Audi delivered a resilient performance under difficult conditions in 2025. The US tariffs in particular had a significant impact on us. Our results are bolstered by the robust development of delivery figures at the end of the year, the high level of cost discipline, and the consistent implementation of the performance program. At the same time, the pressure on margins and efficiency remains high. This year, we will again pursue our long-term financial goals with full commitment. The key is to seize all operational and financial opportunities to make Audi more efficient, competitive, and profitable. Lasting success demands time, discipline and resilience.”
Kia India Updates Carens Clavis EV With New Trims And 6-Seater Layout
- By MT Bureau
- March 19, 2026
Kia India has introduced the Model Year 2026 (MY26) edition of the Carens Clavis EV, its first electric vehicle manufactured in India. The update adds a six-seater configuration featuring second-row captain seats and expands the range with GT-Line and X-Line trims for the Extended Range variant.
The Carens Clavis EV continues to be offered with two battery options, both supported by a motor delivering 255 Nm of torque:
- 51.4 kWh Battery: ARAI-certified range of 490 km (MIDC Full).
- 42 kWh Battery: ARAI-certified range of 404 km (MIDC Full).
The vehicle supports fast charging, capable of reaching 10 percent to 80 percent capacity in 39 minutes. Kia’s K-Charge platform provides owners access to over 15,000 charging points nationwide, with more than 100 dealerships equipped with DC fast chargers.
The new GT-Line (GTX and GTX+) trims feature sportier styling, including lime brake callipers, metal pedals and a new alloy wheel design. The X-Line variant introduces a rugged aesthetic with an exclusive Dark Gun Metal exterior colour.
The interior update focuses on passenger space, offering the six-seater layout across select trims, including HTX, GTX and X-Line. Top spec models now come with a dual-pane panoramic sunroof, a 26.62 cm dual panoramic display and digital key technology.
The MY26 model includes 18 safety features as standard, including six airbags, Electronic Stability Control (ESC) and Hill Start Assist Control (HAC). The vehicle also incorporates over 85 connected car features and battery heater technology for thermal management.
Atul Sood, Senior Vice-President, Sales & Marketing, Kia India, said, “The Carens Clavis EV was developed to make electric mobility practical and relevant for everyday use. As more customers transition to EVs, their expectations are evolving beyond technology to include greater comfort, flexible seating and distinctive design. The MY26 reflects this feedback with new trims and a 6-seater configuration that enhances comfort and versatility while retaining the practicality Indian customers value.”
| Battery Pack | Seating Configuration | Trim | Price (INR) |
| Standard Range | 7-Seater | HTK+ | 1,799,000 |
| HTX E | 1,999,000 | ||
| (42 kWh) | HTX | 2,049,000 | |
| 6-Seater | HTX E | 1,999,000 | |
| HTX | 2,049,000 | ||
| Extended Range | 7-Seater | HTX E ER | 2,199,000 |
| HTX ER | 2,249,000 | ||
| (51.4 kWh) | GTX* | 2,299,000 | |
| HTX+ ER | 2,449,000 | ||
| GTX+ | 2,499,000 | ||
| X-Line | 2,499,000 | ||
| 6-Seater | HTX E ER | 2,199,000 | |
| HTX ER | 2,249,000 | ||
| GTX* | 2,299,000 | ||
| HTX+ ER | 2,449,000 | ||
| GTX+ | 2,499,000 | ||
| X-Line | 2,499,000 |

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