BMW India has launched the new M340i xDrive that is produced locally at its plant in Chennai. It is the first high-performance automobile with an M Series engine to be made in India. Combining high-performance with attractive design and a rich features list, the ‘M’ car based on the 3-Series is priced at INR 6,920,000 ex-showroom.
Powered by a 374 hp 2,998 cc straight-six petrol engine that does 500 Nm maximum torque and is mated to an 8-speed automatic ‘Steptronic’ transmission, the M3401 xDrive is fitted with an intelligent all-wheel drive system that monitors the driving situation and responds to ensure maximum traction, agility and vehicle stability. A part of the system is a M sport rear differential.
The M sport suspension can lower the ride height by 10 mm to offer a more engaging driving experience whereas the variable sport steering ensures precise response. The M sport brakes (with blue coloured callipers having M logo) provide excellent braking performance and intuitive feel. The BMW ‘Performance Control System’ increases stability.
The BMW ConnectedDrive technology makes the car an interconnected digital device with a host of ‘ConnectedDrive’ features like digital key plus, emergency call, real-time traffic information and remote services. These are operated via the ‘MyBMW’ app. The BMW Live Cockpit Plus includes the freestanding 14.9-inch BMW Curved Display with navigation, a 12.3-inch digital information display behind the steering wheel and BMW Head-up Display.
The latest BMW iDrive with ‘Operating System 8’, offers all the possibilities for interaction between occupants and the vehicle – using touch, gesture or speech. It is complemented by the BMW Intelligent Personal Assistant which has a self-learning intelligence that adopts a driver’s individual habits, proactively provides useful tips on new driving functions and seamlessly integrates smartphone apps. Regular remote software upgrades ensure that the car is always up to date. Wireless smartphone integration opens access to a range of functions and apps. Smartphone holder integrated in the centre console allows inductive, wireless charging.
The BMW Digital Key Plus turns a smartphone into a vehicle key enabling remote locking / unlocking and starting the car. The spread of driver assistance systems is more extensive than ever and includes parking assistant with rear view camera and a reversing assistant.
BMW EfficientDynamics includes features such as auto start-stop, brake-energy regeneration, electronic power steering, 50:50 weight distribution and Eco Pro mode in ‘Driving Experience Control’.
BMW Safety technologies include six airbags, attentiveness assistance, Anti-lock Braking System (ABS) with brake assist, Dynamic Stability Control (DSC) that includes Dynamic Traction Control (DTC), Cornering Brake Control (CBC), electric parking brake with auto hold, side-impact protection, electronic vehicle immobiliser and crash sensors, run-flat tyres with tyre pressure indicator, Isofix child seat mounting and integrated emergency spare wheel. Fitted with a M Sport exhaust unit, the M340i xDrive is capable of accelerating from 0 to 100 kmph in 4.4 seconds, making it the quickest BMW to be produced in the country.
Vikram Pawah, President, BMW Group India said, “The BMW M340i xDrive is a sure-shot winner as it amplifies the thrill of sheer driving pleasure to a different level, thanks to the power of M which lies right at its heart. This captivating formula meets the cravings of auto enthusiasts who want a premium sedan for everyday use that doubles up as performance machine when desired. It is amongst the best-selling models of BMW Group India today. The new BMW M340i xDrive presents an even greater package full of M performance, unbeatable dynamics, space, comfort and a new innovative digital experience. This refreshed avatar will further consolidate the leading position of M340i and win over more brand fans and M enthusiasts.”
Dacia Rolls Out 100,000th Bigster In Just One Year
- By MT Bureau
- February 05, 2026
Renault Group-owned European car brand Dacia has achieved a significant milestone with the rollout of the 100,000th Bigster just one year after its production began at the Mioveni facility in Romania. This impressive volume highlights the immediate and substantial demand for the brand's latest model. Even prior to its full market launch, the vehicle garnered over 13,000 pre-orders, signalling strong early interest in its proposition of a value-oriented, family-sized SUV.
The model swiftly translated this initial promise into market leadership, becoming the best-selling C-SUV to retail customers across Europe in the second half of 2025. This commercial success is mirrored in the United Kingdom, where close to 5,000 orders have been recorded. British buyers have shown a distinct preference for the efficient hybrid 155 powertrain and the generously specified Journey trim level, with Indigo Blue being the colour of choice.
Beyond sales figures, the Bigster's impact has been validated by influential industry awards, most recently at the 2026 What Car? Car of the Year Awards, where it was hailed as a definitive value champion. Designed to challenge the status quo, the Dacia Bigster, starting from GBP 25,215, successfully delivers a robust, well-equipped and practical solution for families, firmly establishing its successful position in the competitive automotive landscape.
Hyundai Motor India Reports INR 123 Billion Profit In Q3 FY2026
- By MT Bureau
- February 02, 2026
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
- By MT Bureau
- February 02, 2026
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
- By MT Bureau
- January 28, 2026
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.
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