Toyota Kirloskar Motor (TKM), one of the leading passenger vehicles manufacturer in the country, has announced a 14 percent growth in its wholesales for September 2024.

The company reported sales of 26,847 units, as compared to 23,590 units, which includes sales of 23,802 units in domestic market and exports totalling 3,045 units.

In H1 FY2024-2025, Toyota Kirloskar Motor achieved a notable increase in vehicle deliveries, reaching a total of 1,62,623 units. This marks the company’s strongest performance ever in India. For reference, the company had sold 1,23,939 units in the corresponding period of the previous financial year.

Sabari Manohar, Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “As the festive fervour picks-up footfalls and enquiries are charged up which makes us positive of a very good festive season. Notably, our SUV, MPV, and small car segments have experienced significant growth nationwide, contributing over 90 percent to our sales in in the month of September.”

“Key to meeting this rising demand has been our strategic operational improvements, such as the introduction of a third shift. This has significantly optimised our supply chain, particularly for high-demand models where waiting periods have been reduced.

We have also consistently implemented customer-centric programs and value-added services aimed at further building on market synergies. In keeping with the festive spirit, we’ve introduced the 555 Plus program that offers exciting new schemes and customer benefits such as extended warranties, free service, Roadside Assistance and attractive exchange offers across key models, giving our customers every reason to celebrate with Toyota this season. We recently, we introduced initiatives like TCare, which consolidates multiple value chain offerings under a single brand, providing top-tier convenience and a hassle-free experience. Furthermore, with our 1,045 touchpoints and diverse product portfolio, we effectively meet our customers' needs, whether they're seeking lifestyle-driven options or solutions for family mobility,” he concluded.

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Chhattisgarh Gramin Bank for retail vehicle financing for customers.

The collaboration has been established to provide retail financing solutions for new cars and commercial vehicles, enhancing the accessibility and affordability of Maruti Suzuki vehicles for customers.

The partnership will leverage the growing customer base of the bank to benefit Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions.

The MoU was signed in the presence of Partho Banerjee, Senior Executive Officer, Marketing & Sales and Vishal Sharma, Vice-President, Maruti Suzuki Finance & Driving School, from Maruti Suzuki India. Representing Chhattisgarh Gramin Bank were Vinod Kumar Arora, Chairman and Vijay Vasant Raikwad, General Manager, along with senior officials from both organisations.

Partho Banerjee, said: “Our collaboration with Chhattisgarh Gramin Bank strengthens our commitment to making car ownership more accessible and affordable. This strategic partnership enables us to extend our reach and offer customers competitive financing solutions that enhance the overall buying experience. We remain focused on delivering seamless and customer-centric finance options, and this alliance reinforces our vision of providing tailored financial support to a wider audience.”

Vinod Kumar Arora, said, “At Chhattisgarh Gramin Bank, fulfilling customer aspirations is at the core of our mission. Our partnership with Maruti Suzuki, a leader in the automotive industry, marks a strategic step toward expanding our service offerings and delivering enhanced value to our customers. This collaboration reinforces our customer-centric philosophy of enabling accessible and affordable vehicle financing solutions. We look forward to supporting individuals and families across the country in realising their dream of owning a Maruti Suzuki vehicle.”

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The Indian passenger vehicle industry experienced its strongest festive season recently, driven by a combination of GST rate cuts and consumer demand, said a recent ICRA report.

In October 2025, passenger vehicle retail sales grew by 15 percent YoY. A sequential surge of 86 percent was observed as retail activity, deferred from the late-September Navratras, shifted into October.

Wholesale volumes also saw an uptick, increasing by 17 percent YoY and 24 percent sequentially to reach 460,000 units in October 2025, as OEMs boosted dispatches to dealers for the festive period.

Inventory levels with dealers reduced to 53-55 days by the end of October 2025, down from 60 days in September 2025, as reported by the Federation of Automobile Dealers Association (FADA). This improvement was supported by a 21 percent YoY growth, with 800,000 units sold during the 42-day festive period.

Utility vehicles (UVs) continue to dominate the market, accounting for 66-67 percent of total industry volumes. However, the compact and super compact car segments showed signs of revival following the GST reductions.

Export volumes recorded a 12 percent YoY growth in October 2025. Maruti Suzuki India maintained its position as the top exporter, followed by Hyundai Motor India. For the first seven months of FY2026, export volumes expanded by 17 percent YoY, indicating a supply push from Indian OEMs in international markets.

Looking ahead, ICRA expects wholesale volume growth for the full fiscal year FY2026 to be in the range of 1-4  percent, supported by the demand momentum from GST rate cuts, continuous new model launches by OEMs and anticipated demand during the ongoing wedding season.

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Škoda Auto has rapidly reached a significant production milestone, having manufactured 100,000 units of its all-electric Elroq compact SUV since the start of the year. This achievement highlights the model's strong market reception. The landmark vehicle, an Elroq vRS finished in Hyper Green, represents the pioneering embodiment of the brand's new ‘Modern Solid’ design language. Its manufacturing process is a key part of its success; the Elroq is built on a flexible production line that also assembles the Enyaq and the Octavia. This innovative approach allows Škoda to seamlessly produce both electric and combustion-engine vehicles side-by-side, providing the agility to respond dynamically to customer demand.

The Elroq's popularity is clearly demonstrated by its sales performance. In the first three quarters of 2025, it ranked as the second best-selling battery-electric vehicle in Europe, while its sibling, the Enyaq, secured sixth place. This success extends across the continent, with the Elroq becoming the top-selling BEV in the Czech Republic, Denmark and Slovakia, and ranking among the top three in Austria, the Netherlands and Switzerland. In Škoda's largest single market, Germany, the model was the best-selling electric vehicle in October and also led the European BEV market overall in April, July and October of the same year.

Beyond commercial success, the Elroq has garnered substantial critical acclaim, winning several prestigious international awards. These include the Red Dot Design Award and the title of 'German Car of the Year 2026'. A jury of forty automotive journalists selected the Elroq for this honour, praising it particularly for its quality, environmental characteristics, and outstanding price-to-performance ratio. This combination of high production volume, leading sales figures and expert endorsement solidifies the Elroq's position as a cornerstone of Škoda's electric vehicle strategy.

Andreas Dick, Škoda Auto Board Member for Production and Logistics, said, “Producing 100,000 Elroqs in under a year of series production is a major achievement for the whole team. It also reflects rigorous preparation and targeted adaptations to our production processes. From the outset, we’ve fully leveraged the flexibility to build battery-electric and ICE vehicles on the same line. The result is clear: the tremendous response from customers highlights the excellent manufacturing quality of cars ‘made in Mladá Boleslav’.”

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JSW MG Motor India, one of the leading passenger vehicle manufacturers, has reported that its flagship electric roadster – the MG Cyberster, touted as the world's fastest MG and India's highest-selling sports car has gone home to over 350 customers since its launch in July 2025.

The model sold under the brand's luxury retail channel, MG SELECT, is priced at INR 7.49 million and is now seeing a waiting period of four to five months for new customers.

Milind Shah, Head - MG SELECT, said, “The phenomenal response to the Cyberster from sportscar enthusiasts has been extraordinary, particularly due to its striking design language and innovative features - including the iconic electric scissor doors and impressive acceleration from 0-100 in just 3.2 seconds. This remarkable success underscores that today's buyers are seeking high-performance sports cars that combine sustainable luxury with cutting-edge engineering. We have built a healthy order book and are efficiently working to cater to the current demand and upcoming bookings. From sports champions to movie stars, the Cyberster continues to capture the imagination of new India and its aspirations, drawing the attention of people from different walks of life. Beyond the vehicle itself, we are also creating immersive, curated experiences exclusively for our customers - ensuring that the MG SELECT ownership journey extends far beyond the drive."

The MG Cyberster draws on the heritage of the MGB Roadster. Powered by a dual-motor, all-wheel-drive setup it delivers 510 PS and 725 Nm of torque. A claimed acceleration from zero to 100 kmph in 3.2 seconds. It features electric scissor doors, soft-top roof and a low drag coefficient. In terms of braking power, it gets Brembo 4-piston front brake callipers stop the car from 100 kmph in 33 metres. It sports 20-inch staggered alloy wheels paired with Pirelli P-Zero tyres.

The company said that the combined success of the MG Cyberster and the MG M9 Presidential Limousine has established JSW MG Motor India as the second-largest brand in the Indian luxury EV segment.

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