- Toyota Kirloskar Motor
- Toyota
- Hackathon 2025
- Innovation
- young innovators
- education
- road safety
- India
Toyota Kirloskar Motor Concludes 24-Hour Toyota Hackathon 2025 In Mumbai
- By MT Bureau
- January 30, 2025
Toyota Kirloskar Motor has concluded the 24-hour Toyota Hackathon 2025 in Mumbai engineered to empower young innovators to drive road safety solutions. It has been a part of the automaker’s commitment to education and road safety.
Held at Vidyalankar Institute, Wadala (East), Mumbai, and coinciding with ‘Road Safety Month’ (January 18 – February 17, 2025), the event brought together over 400 talented students from over 100 schools across Mumbai, turning in turn into an effective platform to develop actionable solutions to critical road safety challenges.
Attracting the presence of Atul Moreshwar Save, Minister for OBC Welfare, Dairy Development, and Renewable Energy, Government of Maharashtra; Arprit Save, President Chamber of Marathawada Industries and Agriculture, and Senior leadership from TKM (including Vikram Gulati, Country Head and Executive Vice President, Corporate Affairs and Governance, TKM, and Sudeep Dalvi, Chief Communication Officer, Senior Vice President and Head State Affairs, TKM), the event – a key pillar of TKM’s comprehensive Road Safety Initiative designed to address this critical issue by integrating road safety education into school and college curriculums – began with team selection and idea submissions, progressed through a boot camp, culminated in a 24-hour final hackathon, and concluded with incubation support for the top one winner per city.
Fostering critical thinking, innovation and a sense of responsibility, the Hackathon – structured in five phases – saw participants tackle key road safety themes such as ‘Road Safety Awareness and Education’, ‘Community Engagement for Safety’, ‘School Zone Safety’, ‘Road Infrastructure and Pollution’, ‘IoT/ICT in Road Safety’, ‘Traffic Easement’ and ‘Making Roads Inclusive’.
Out of 100 initial teams, 28 advanced to post- boot camp, 10 teams completed in the final hackathon out of which 3 emerged as winners, earning continued support to bring their innovative ideas to life.
Following the success in Mumbai, the Toyota Hackathon 2025 will move to Bangalore on 14 February 2025. For the 2024-25 academic year, TKM aims to expand the initiative to 300 institutions across key cities, with over 400 innovative concepts already submitted.
Speaking at the event, Vikram Gulati, Country Head and Executive Vice President, Corporate Affairs and Governance, Toyota Kirloskar Motor, said, “At Toyota Kirloskar Motor, we are driven by the belief that empowering the younger generation with the right tools, mentorship, and opportunities can lead to transformative change. The Toyota Hackathon 2025 serves as a testament to our unwavering commitment to road safety and innovation, as it brings together young minds to ideate, collaborate, and develop solutions for safer roads. This initiative reflects our holistic approach to fostering a culture of safety and sustainability, aligning with Toyota’s global vision of zero traffic fatalities.”
Nissan Motor India And Spinny Launch 55-Minute Vehicle Exchange Programme
- By MT Bureau
- March 20, 2026
Japanese automotive major Nissan Motor India has introduced a 55-minute vehicle exchange initiative in partnership with Spinny. The programme allows customers to have their current vehicles evaluated on-site and apply exchange bonuses toward the purchase of a new Nissan vehicle within an hour.
The service is supported by dedicated evaluators across 30 cities. To facilitate the process, Spinny counters have been established at Nissan sales touchpoints, providing real-time assessments.
Key features of the collaboration include:
- Documentation: A 'selling letter' issued by Spinny is accepted as valid proof of exchange, removing the requirement for transferred RC documentation at the point of transaction.
- Lead Generation: The partnership integrates digital and physical touchpoints to manage used inventory and generate incremental leads for the dealer ecosystem.
- Product Eligibility: The programme applies to Nissan’s current India line-up, including the Magnite and the recently launched Nissan Gravite, which entered the market at an introductory price of INR 565,000.
Saurabh Vatsa, Managing Director, Nissan Motor India, said, “At Nissan Motor India, we are committed to building a customer-first ecosystem that simplifies every stage of the ownership journey. Strengthening our collaboration with Spinny and introducing faster exchange timelines reinforces our focus on convenience, transparency, and value for our customers and dealer partners - while supporting our broader growth in the country.”
Niraj Singh, Founder & CEO, Spinny, said, “Our continued partnership with Nissan Motor India represents a shared commitment to simplifying car ownership journeys. With faster exchanges, expanded evaluator presence, and integrated dealership touchpoints, we are working together to make car upgrades seamless, transparent, and rewarding for customers across India.”
- Stellantis
- Lancia Gamma
- Leapmotor B03
- DS N°7
- Fiat
- Peugeot
- Alfa Romeo
- Citroen
- Opel
- Paris Motor Show 2026
Stellantis To Exhibit Over 60 Models At 91st Paris Motor Show
- By MT Bureau
- March 20, 2026
European auto major Stellantis has announced it will feature eight brands at the Paris Motor Show, scheduled for 12 to 18 October 2026. The group’s presence will be more than double that of the 2024 edition, occupying a 5,340-square-metre space in Hall 4 of the Porte de Versailles.
The exhibition will feature over 60 vehicles, including one public premiere and one European premiere:
- Lancia Gamma: Making its French debut, this flagship fastback will be produced at the Melfi plant. The model marks the brand's return to the upper segments and will offer both full-electric and hybrid powertrains.
- Leapmotor B03: A compact all-electric B-hatch making its European debut. The brand will also preview the B03X crossover and B05 hatch, both scheduled for launch in the second half of 2026.
- DS N°7: Official launch of the compact SUV, offering hybrid and fully electric versions with a range of up to 740 km.
- Fiat: The brand will unveil two new C-segment models and a concept car, alongside the Grande Panda and the Tris three-wheeled electric solution.
The automaker will have an interactive stand that will be divided into dedicated areas reflecting the specific identities of the participating brands:
|
Brand |
Key Exhibits & Features |
|
Peugeot |
New 308, 408, E-208 GTi, and the 9X8 World Endurance Championship car. |
|
Alfa Romeo |
Full range including the 33 Stradale and the Bottegafuorisere customisation hub. |
|
Citroën |
Exhibits ranging from the Ami micro-mobility vehicle to the C5 Aircross flagship. |
|
Opel |
New Astra featuring Intelli-Lux HD adaptive headlights and the Mokka GSe. |
“Inside its impressive 5,340-square-meter stand, located in Hall 4 of the Porte de Versailles exhibition centre, Stellantis will showcase more than 60 vehicles, highlighting a line-up capable of meeting every customer need – from urban micromobility to longer and more demanding journeys – thanks to the right balance of design, performance and functionality,” the company said in a statement.
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.”

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