In a bid to make their products more accessible while contributing to the enthusiasm of this year’s festive season, Tata Motors in collaboration with HDFC Bank has rolled out finance offers for its passenger vehicle customers. Accordingly, the company has introduced two new schemes in association with the Bank - the ‘Gradual Step Up Scheme’ and the ‘TML Flexi Drive’ scheme. Available till the end of November 2020, these offers can be redeemed on the entire New Forever BS VI range of cars and SUVs along with the company’s EV range.

 Under Gradual Step Up Scheme, customers can now avail EMI options as low as INR 799/- per lakh per month, depending on the product and variant at an attractive interest rate. As per the scheme, the EMI payments gradually increase over a period of two years depending on the payment convenience of the buyer. This scheme will help customers fast track their buying process, in turn making personal mobility available to all at pocket friendly rates.

According to the Flexi Drive scheme, the option to the consumer is to choose any three months every year, where he/she can pay minimum EMI (INR 789/- per lakh per month, depending on the product and variant) as per his/her convenience. The above scheme will help the customer map their EMI payment properly so that they can tide over the high outflow months easily, giving the customer the flexibility and power to choose.

 Vivek Srivatsa, Head - Marketing, Passenger Vehicle Business Unit, Tata Motors said, “We are humbled to be partnering with HDFC Bank to roll out exciting offers for our customers. This is in alignment with our constant endeavour to make safe personal mobility solutions more affordable and accessible to individuals and families, while contributing to the joy of this year’s festive season. We hope, that these offers will boost customer morale and make the process of purchasing a car more convenient, thereby allowing them to truly celebrate the festivities with their friends and families.”

Arvind Kapil – Country Head, Retail Lending, HDFC Bank said, "At HDFC Bank, the objective is to offer the very best in class products and services to our customers. We are extremely excited to be partnering with Tata Motors, this festive season, which is just around the corner and stay committed to bringing in attractive and never before finance offers via our Festive treats platform. We believe this partnership offers affordable and viable financing solutions, in that, creating a valuable proposition for our customers, thereby facilitating the ownership of their dream car”

 Adding to the above, the Company is also providing up to 100% ex-showroom financing on the entire PV product range under both schemes. Furthermore, to avail these offers, customers can reach out to their nearest Tata Motors dealer or through an HDFC Bank branch and register their interest in buying a Tata car. (MT)

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Kia India, one of the leading passenger vehicle manufacturers, has expanded its popular Seltos SUV line-up with the introduction of the GTX(O) and X-Line(O) variants at prices starting INR 2.15 million.

The new variants feature the ADAS F+ package, which includes 28 safety functions such as Front Collision-Avoidance Assist, Navigation-Based Smart Cruise Control, and Highway Driving Assist. The vehicles are equipped with technology including the Connected Car Navigation Cockpit (ccNC), Kia Connect 2.0, a head-up display, an air purifier with AQI display and a dual-camera dashcam.

Atul Sood, Senior Vice-President, Marketing & Sales, Kia India, said, "The Seltos has consistently evolved with changing customer expectations while remaining NS of Kia's strongest products in India. Its recent secured 5-Star Bharat NCAP safety rating, emerging as India's highest-scoring ICE vehicle to date reaffirmed the engineering strength and customer focus behind the vehicle, setting a new benchmark for safety in the segment. With the introduction of the GTX(O) & X-Line(O), we are further strengthening the All-New Seltos proposition by bringing together our most comprehensive suite of advanced safety, connectivity and premium convenience features in one offering, further enhancing the premium appeal of Seltos that continues to set benchmarks in design, space and technology."

The Seltos is built on the K3 platform and is offered with turbo petrol and diesel powertrain options. Since its launch, the model has recorded sales exceeding 10,000 units per month.

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Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has reported its wholesales for June 2026.

The company reported total sales of 51,335 units, down 16 percent YoY, as compared to 60,924 units a year ago.

Domestic sales came at 39,635 units, down 10 percent YoY, as against 44,024 units a year ago, while exports were down 31 percent YoY at 11,700 units.

The company’s performance was hit due to a production loss of 13,900 units due to a fire incident at one of its supplier’s manufacturing facilities.

Tarun Garg, MD & CEO, Hyundai Motor India, said, “In June 2026, Hyundai Motor India achieved total monthly sales of 51,335 units (Domestic: 39,635 units and Exports: 11,700 units) despite facing a production loss of 13,900 units owing to a fire incident at one of the supplier’s manufacturing facilities which led to a temporary disruption in production. HMIL has taken all necessary steps to ensure production normalcy including arranging automotive parts from alternate source locations. Our production operations have returned to normal across facilities since June 22, 2026. We expect to recover the loss in June production volume within Q2 of FY2027.”

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Mumbai-headquartered automotive major Mahindra & Mahindra has announced its wholesales for June 2026.

The company sold a total of 60,393 SUVs, which was 28 percent higher YoY, as compared to 47,306 units last year.

On the other hand, commercial vehicle sales came at 39,896, units, as compared to 27,802 units last year.

Exports on the other hand came at 5,918 units, up 125 percent YoY, albeit a low-year-ago base of 2,634 units.

Nalinikanth Gollagunta, CEO, Automotive Division, Mahindra & Mahindra, said, “In June we achieved SUV sales of 60,393 units and LCV <3.5T segment sales of 26,076 units delivering robust growth of 28 percent and 35 percent, respectively. The total vehicle sales stood at 106,207, a 37 percent YoY growth reflecting all-round demand traction across the portfolio.”

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Tata Motors, one of the leading passenger vehicle manufacturers, has introduced its much-awaited Sierra.ev with prices starting at INR 1.87 million for the 63 kWh variant and INR 2.21 million for the 75 kWh variant.

The Sierra.ev is built on a purpose-engineered EV architecture and features a 63 kWh battery pack providing a MIDC range of 565 km per charge and 665km MIDC range for the 75 kWh battery pack.

The EV supports fast charging, with the capacity to add approximately 263 km of range in 15 minutes. Performance specifications include acceleration from zero to 100 kmph in 5.8 seconds and a dual-motor all-wheel-drive setup producing 504 Nm of torque in the top variant.

Shailesh Chandra, MD & CEO, Tata Motors Passenger Vehicles, said, “The Sierra has always stood for more than just mobility. It has been an icon of innovation, aspiration and progress, bringing the future closer to customers. When reintroduced, it once again broke new ground by creating India’s premium mid-SUV segment. Today, with Sierra.ev, we are taking that legacy forward and setting a new benchmark for what an uncompromised premium SUV can be in the electric era. Combining exceptional real-world range, exhilarating performance, intelligent technology, indulgent comfort and go-anywhere capability, the Sierra.ev delivers an SUV experience that is as desirable as it is transformative.”

The tech-loaded Sierra.ev features a triple-screen infotainment system, a 12-speaker JBL audio system and a head-up display. It also gets L2+ driver assistance systems (ADAS) tech. The SUV has a 622-litre boot space, a powered tailgate and also comes with V2L (Vehicle-to-Load) and V2V (Vehicle-to-Vehicle) charging capabilities.

The Sierra.EV features 205 mm of ground clearance and six terrain modes, including snow, mud, sand and rock crawl. The EV includes a lifetime warranty (15-year) on the high-voltage battery.

Bookings for the Tata Sierra.ev have started, with deliveries scheduled to begin on 15 July 2026.

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