BMW India launches X3 M40i In India

BMW India launches X3 M40i In India

BMW has launched the X3 M40i in India at a starting price of INR 8.65 million. A CBU import and available in limited numbers, the new X3 model is engineered by M Sport. A sporty iteration of the X3 compact SUV line-up thus, the vehicle presents an elevated experience in terms of performance and luxury without letting go of the intrinsic qualities of the platform that the X3 is based on. 

Available in Brooklyn Grey and Black Sapphire colours and featuring an exclusive Sensatec Perforated upholstery in Black, the X3 M340i is powered by a 360 bhp, twin-turbo 3-litre six-cylinder petrol engine mated to an eight-speed automatic Steptronic sport transmission with paddle shifters. Flaunting ‘M High Gloss Shadow Line’ package with extended features such as window graphics, roof rails and a ‘kidney shaped grille finished in a unique shade of black, the SUV gets stylish 20-inch diameter alloys and M Sport braking system (with callipers painted a bright shade of red and having the M logo on them). 

Riding on 245/45 R20 tyres at the front and 275/40 R20 tyres at the rear, the vehicle flaunts carbon fibre accents in the cabin to match its sporty exterior. The accents duly highlight the vehicles performance and luxury orientation. The M badged multi-function steering wheel comes with contrast stitching of leather. Equipped with electrically adjusted seat with memory function, exterior mirror package, panoramic sun roof, ‘welcome light’ carpet, ambient lighting (with six dimmable designs) and electroplated controls, the X3 M40i also presents 3-zone automatic climate control and connected vehicle technologies in the form of BMW Gesture Control and wireless Apple CarPlay /Android Auto.  

The vehicle’s Live Cockpit Professional system runs on BMW Operating System 7.0 and includes 3D Navigation with a high-resolution 12.3-inch digital instrument cluster. The BMW Gesture Control recognises six pre-defined hand movements for control of a number of functions whereas the BMW Head-Up display projects information discreetly in the driver’s field of vision.  

Fitted with an adaptive M suspension which ensures interesting balance between ride and sporty handling, the X3 M40i gets variable sport steering that is precise and highly responsive. The BMW Performance Control System increases the stability of the car by targeted breaking of the wheels. The list of driver assistance systems includes Parking Assistance Plus with 360 camera system. It aids parking in tight spaces. 

Offering Comfort, Eco Pro, Sport and Sport+ modes, the X3 M40i gets auto start-stop, brake energy regeneration, 50:50 weight distribution and many other innovative technologies to ensure an undiluted sporty driving experience.  

On the safety front for a vehicle that can do 0 to 100 kmph acceleration in 4.9 seconds and a top speed of 250 kmph, there’s a list of offerings such as six airbags, ABS with brake assist, Attentiveness Assistance System, DSC, Dynamic Traction Control (DTC), Cornering Brake Control (CBC), electric parking brake with auto hold, ISO-Fix child seat mounting, side-impact protection, electronic vehicle immobiliser and crash sensor, and dynamic braking lights. 

Hyundai Motor India Reports INR 123 Billion Profit In Q3 FY2026

Hyundai Venue N-Line

Hyundai Motor India (HMIL) has released its unaudited financial results for Q3 FY2026 and nine months ending 31 December 2025.

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 billion, a 7.6 percent rise, supported by festive demand and the implementation of GST 2.0.

The company stated that the domestic demand was supported by wholesale volumes increasing 5 percent QoQ. The Hyundai Creta recorded sales of over 200,000 units in the 2025 calendar year, while the new Venue model has received nearly 80,000 bookings to date.

Hyundai Motor India also entered the commercial mobility segment with the Prime HB and SD taxi models. Exports grew by 21 percent YoY in Q3 FY26, accounting for 25 percent of the total sales mix.

For the nine-month period, EBITDA reached INR 6,632.5 billion, a 3.3 percent increase. EBITDA margins expanded to 12.8 percent, up from 12.5 percent in the previous year, despite costs related to capacity stabilisation and commodity prices.

Tarun Garg, Managing Director & Chief Executive Officer, said, “The third quarter performance underscores our resilience and strong execution of 'Quality of Growth' strategy, marked by healthy growth in volumes, revenue and profitability. Notably on a year-to-date basis, EBITDA margins expanded to 12.8 percent as against 12.5 percent last year, supported by our efforts towards improving sales mix and prudent cost control measures. As we move ahead, the robust January’26 sales number gives us great momentum towards a healthy 2026.”

Particulars

Q3 FY26

Q2 FY26

Q3 FY25

9M FY26

9M FY25

Revenue

179,735

174,608

166,480

518,472

512,526

EBITDA

20,183

24,289

18,755

66,325

64,211

EBITDA %

11.2%

13.9%

11.3%

12.8%

12.5%

PAT

12,344

15,723

11,607

41,759

40,259

Jeep Reaffirms India Commitment With Strategic Plan Jeep 2.0

Jeep

Stellantis-owned Jeep has announced its Strategic Plan Jeep 2.0, positioning India as a central hub for its operations in the Asia Pacific region. The plan focuses on localisation, manufacturing depth, and export expansion from the company's facility in Ranjangaon, Pune.

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. The Ranjangaon plant, which has an annual capacity of 160,000 vehicles, currently exports the Compass, Meridian, and Commander to markets including Japan, Australia and New Zealand. Plans are underway to expand exports to Africa and North America.

The company plans to introduce a new vehicle lineup in India starting from 2027. In the interim, Jeep will maintain its current portfolio through refreshes and special editions. To support its customers, the brand has introduced the Confidence 7 programme, which includes a buyback scheme, pre-maintenance packages, and extended warranties.

At present, Jeep operates over 85 sales and service touchpoints across 70 cities in India. The automaker stated that in 2025, the Wrangler Willys 41 limited edition sold out within seven days. The company is also focusing on its owner community, which has reached 100,000 members, through experiential platforms and brand clubs.

Shailesh Hazela, CEO & Managing Director, Stellantis India, said, “Jeep’s 85-year legacy is built on authenticity and adventure. Strategic Plan Jeep 2.0 lays out how we will sharpen our product strategy and strengthen the customer experience year after year, driven by deeper localisation, global product alignment, expanding our vehicle offerings, and programs that deliver real value. We are equally focused on taking care of our existing customers, ensuring they receive the support, service and confidence they expect from Jeep. Success in India demands resilience and long-term commitment and we are investing with that clarity to ensure Jeep remains a brand of pride and desirability.”

Maruti Suzuki India Reports INR 37.94 Net Profit For Q3 FY2026

Maruti Suzuki India

Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported its financial results for Q3 FY2026.

The company reported revenue of INR 475.344 billion, as against INR 368.02 billion last year, net profit came at INR 37.94 billion, as against INR 36.59 billion last year. It is to be noted that the net profit was impacted for Q3 FY2026 was impacted due to a one-time provision of INR 5,939 million relating to new Labour Codes.

During the period, the company achieved its highest quarterly domestic sales of 564,669 units, an increase of 97,676 units over the previous year. Total sales reached 667,769 units, which included 103,100 units in exports. This performance was supported by a recovery in the car market following GST reform, with the small car segment in the 18 percent GST bracket contributing significantly to the volume increase.

For the nine-month period from April to December 2025, the company recorded its highest sales volume, net sales and net profit. Total sales volume reached 1,746,504 units, with domestic sales at 1,435,945 units and exports at 310,559 units. Net sales for this period increased to INR 1,242 billion, while net profit grew to INR 1,085 billion.

Financial statements for the period have been restated following the amalgamation of Suzuki Motor Gujarat (SMG) with MSIL. This process took effect from 1 April 2025. The company continues to monitor market conditions as it manages its manufacturing and sales operations.

The recovery in the car market was led by the small car segment. Sales growth in this category accounted for 68,328 units of the total domestic increase. The company remains focused on domestic and export markets to maintain its sales volumes.

Volkswagen India Unveils Tayron R-Line, Plans 4 More Launches In 2026

Tayron R-Line

Volkswagen Passenger Cars India has showcased the Tayron R-Line, marking the first of five product interventions scheduled for 2026.

The company plans to introduce updates or new models in every quarter to maintain market presence. These interventions will include SUV, Sedan and Hatchback body styles, with each model intended for different segments of the premium market.

For 2026, the company stated it has established objectives focused on products, customer engagement and experiences. The strategy involves using product actions to address various customer sets throughout the year. The brand aims to sustain interest through these quarterly releases across its vehicle portfolio.

The roadmap for the year is designed to cover multiple segments, ensuring a consistent rollout of updates. By addressing three body styles, the manufacturer intends to reach a broad audience within the premium category. The initiative forms part of a wider plan to enhance the ownership experience and interaction with the brand in India.

Nitin Kohli, Brand Director, Volkswagen Passenger Cars India, said, “Today, we are glad to showcase the Tayron R-Line for the first time in India. I am also delighted to announce that we have planned four more product interventions throughout the year. This year, every quarter will witness a new product intervention that will cater to a different premium customer set. Our objective is to continue building excitement for customers through smart product actions and introducing models that will continue to build aspirations.”