Class Victory For Audi Customer Team At The Anniversary In Spa

Class Victory For Audi Customer Team At The Anniversary In Spa

Tresor Attempto Racing scored a class victory in the highly acclaimed edition of the Spa 24 Hours to mark its 100th anniversary. The team deployed the Audi R8 LMS in GT3 and GT4 versions to do so. 

An event that would revoke the memories of the Spa 24 Hours that was held for the first time exactly 100 years ago, the Audi customer racing team – Tresor Attempto Racing – put in a convincing performance in the Bronze Cup, the second strongest class with 20 participants in a field of 66 GT3 sports cars. Max Hofer, Andrey Mukovoz, Aleksei Nesov and Dylan Pereira fought a close battle with their pursuers right to the end. As class winners and tenth in the overall standings, the four private drivers were also the best of eight Audi R8 LMS driver line-ups. 

Saintéloc Racing, another Audi customer team, also contributed a class podium result with second place in the Gold Cup of Paul Evrard, Gilles Magnus, Jim Pla and Hugo de Wilde. Stefan Wieninger put in a faultless performance at the second ADAC Racing Weekend at the Nürburgring.

Attracting 99,500 spectators on the last weekend in June 2024, the event saw the ‘privateer’ driver Wieninger from Land-Motorsport drive behind fellow Audi driver Martin Zander in the first sprint in the Spezial Tourenwagen Trophy in the Audi R8 LMS. This was in the initial laps until he decided and successfully overtook Zander from the ‘équipe vitesse’ team and won by 7.5 seconds after 24 laps.

In the second race, Wieninger even built up a 12.4-second lead over the Porsche of his closest rival. Berthold Gruhn won Class 2a in both races in his Audi R8 LMS. The GTC Race series also held its second competition at this event. In the second sprint, Land-Motorsport finished third with Ivan Peklin. The Audi customer team Stradale Motorsport remained undefeated in South Africa. At the fifth event of the Extreme Supercars Driven by Dunlop racing series, South African Arnold Neveling won all three sprints on the Aldo Scribante circuit in his Audi R8 LMS. Andy Deng maintained his lead in the GT Sprint Challenge standings in China. At the second event, the driver from the Winhere Racing by HAR team won the second race on Sunday. He celebrated this success after a tactically clever drive, as he delayed the pit stop for a long time.

Due to a handicap stipulated in the regulations, he had to make the longest mandatory pit stop of all the competitors at 95 seconds. In his victory on the Ningbo circuit, he left Li Dongsheng and Li Donghui behind in another Audi R8 LMS. This driver duo had already achieved second place the day before with the Climax Racing team. Another Audi customer team, Zhou Tianji and Lin Weixong from Team Azure Lane by ‘HEHEHE’ Racing, finished third in the first race.

 

Audi R8 LMS GT4

In a promising position, Robert Consani and Benjamin Lariche improved to second place in the Silver Cup standings at the halfway point of the GT4 European Series powered by Rafa Racing Club season. At the third event at Spa, the Audi R8 LMS of the Speedcar team led the 55-strong field after the first pit stop, but Consani was beaten by 3.8 seconds at the end of the one-hour race. After three of six events, Consani and Lariche moved up one position in the Silver classification and are now the second-best of 21 driver pairings. Jürgen Hemker collected three trophies at the ADAC Racing Weekend at the Nürburgring. The private driver from the Konrad Motorsport team drove the Audi R8 LMS GT4 to third place in his class in the first race of the Spezial Tourenwagen Trophy. In the DMV Super Touring and GT Cup as part of the same event platform, Hemker won his class in the first race and was second in the second race. At the second race weekend of the P9 Challenge at the Lausitzring, the Audi R8 LMS GT4 achieved two double victories in its category. Sophie Hofmann won Class 2 for Seyffarth Motorsport ahead of the driver duo Bernd Schaible and Tobias Erdmann. In China, Team Harmony Racing took two second places in the GT Sprint Challenge in the GT4 category. Bao Junbin and David Chen secured these results in the Audi R8 LMS GT4 at the second event on the Ningbo circuit. Harry He from the Madness Racing Team completed the second result with third place in another Audi.

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.”