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Hyundai Motor India Reports INR 123 Billion Profit In Q3 FY2026
February 02, 2026
The company reported a Profit After Tax (PAT) of INR 123.44 billion for Q3, representing a 6.3 percent increase YoY. Revenue for the quarter reached INR 1,797.35 billion, up 8 percent compared to the same period last year. EBITDA stood at INR 2,018.3 bill
MT Bureau
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IIT Madras, Daimler India Commercial Vehicles To Develop Driver Rating System
February 02, 2026
The system will use data-driven approaches, leveraging smartphone inputs and vehicle sensor data to evaluate driving behaviour. The goal is to provide fleet operators, insurers and government bodies with a tool to track performance and compliance in real
MT Bureau
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Bharat Forge Subsidiary JS Auto Cast Secures INR 3 Billion From Premji Invest
February 02, 2026
The company intends to use the capital to expand casting capacity, invest in medium casting capabilities, and pursue industry consolidation through acquisitions.
MT Bureau
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Toyota Kirloskar Sundaram Automotive Solutions Launches TSERV Select Multi-Brand Outlet In Bengaluru
February 02, 2026
The JV targets the growing demand for organised and transparent vehicle maintenance in India's automotive market. The outlet features diagnostic tools and a workforce trained to provide services for vehicles of all brands.
MT Bureau
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Yamaha EC-06 E-Scooter Launched At INR 167,600
February 02, 2026
The EC-06 features a 4kWh fixed battery paired with an Interior Permanent Magnet Synchronous Motor (IPMSM). It offers a certified claimed range of 169km on a single charge. It has a claimed top speed of 79 kmph, 6.7 kW of peak power, 26 Nm of torque and c
MT Bureau
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Jeep Reaffirms India Commitment With Strategic Plan Jeep 2.0
February 02, 2026
As part of the strategy, Jeep intends to increase localisation levels to 90 percent, up from the current 65–70 percent. This move is aimed at strengthening supply-chain resilience and cost competitiveness.
MT Bureau
