Class Victory For Audi Customer Team At The Anniversary In Spa
- By MT Bureau
- July 03, 2024
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.
Leapmotor Crosses 1.5 Million Cumulative Global Vehicle Deliveries
- By MT Bureau
- June 20, 2026
Stellantis-owned Chinese electric vehicle manufacturer Leapmotor has announced a significant operational milestone, reaching 1.5 million cumulative vehicle deliveries worldwide.
This delivery landmark comes eight months after the company surpassed the 1-million-unit threshold, signalling an upward shift in its global production and sales trajectory.
Since commencing its initial vehicle deliveries in China in June 2019, Leapmotor has maintained a consistent growth trajectory, which has experienced a notable surge over the last two years. It was in June 2019, the company delivered its electric vehicle in China. It reached 500,000 cumulative deliveries in October 2024 and 1 million in October in 2025.
The compression of the timeline between the 1 million and 1.5 million delivery marks was significantly accelerated by the company's formalised global export strategies executed through the Leapmotor International joint venture.
Leapmotor's product strategy relies on a diversified vehicle lineup designed to target distinct global consumer segments. The brand’s portfolio ranges from compact, agile city cars optimised for urban demographics to larger, versatile, family-oriented SUVs and sedans.
By scaling its manufacturing output, the company aims to sustain this momentum across key international markets by focusing on integrated software innovation, engineering efficiency and user-centric design principles to provide accessible electric mobility solutions.
Passenger Vehicle Wholesales In India To Grow Upto 6% In FY2027 Says ICRA
- By MT Bureau
- June 20, 2026
The Indian passenger vehicle industry is projected to achieve wholesale volume growth of 4–6 percent in FY2027, according to a sector update by credit rating agency ICRA.
Whilst the sector enters the upcoming financial year with demand momentum, the growth rate reflects a moderation compared to previous near-term spikes. The industry's baseline expansion continues to be supported by consumer demand, tax-driven affordability improvements, and a structural shift towards utility vehicles.
Data from May 2026 highlights near-term performance across manufacturing, wholesale allocations and retail customer handovers. Domestic wholesale volumes recorded a 27 percent YoY growth, reaching 440,000 units during the month.
Retail sales volumes outpaced wholesales by expanding 33 percent YoY. This retail growth was driven by consumer fundamentals, the commercial introduction of newly launched models, and an extended summer wedding season. Export volumes rose 13 percent YoY in May 2026, reflecting a supply push by Indian automakers looking to expand market shares across global markets.
The product mix in the Indian automotive market continues to skew towards larger body styles, though policy changes have sparked a recovery in entry-level segments. Utility vehicles continued to command the largest market share, contributing approximately 68% of overall passenger vehicle sales in FY2026. Demand recovery became visible across the mini and compact car categories, which was aided by improving affordability following recent GST rate cuts. The adoption of electric vehicles strengthened further, with EV penetration in the broader passenger vehicle segment rising to nearly 6 percent in early FY2027.
Despite underlying demand fundamentals, ICRA pointed out several headwind factors that could restrict growth or affect consumer sentiment in FY2027. Rising commodity prices threaten manufacturer margins, whilst increasing fuel prices could affect the total cost of vehicle ownership. Furthermore, concerns surrounding a potentially weak or uneven monsoon season remain a risk factor, as agricultural output impacts rural purchasing power and entry-level vehicle sentiment.
VinFast India Partners Tata Capital To Strengthen Dealer Financing Ecosystem
- By MT Bureau
- June 19, 2026
VinFast Auto India, a subsidiary of the global electric vehicle (EV) brand VinFast, has signed a Memorandum of Understanding (MoU) with Tata Capital to establish a comprehensive auto and inventory financing framework for its exclusive dealer network.
The partnership is structured to provide VinFast’s retail partners with customised credit lines to manage working capital requirements, optimise inventory volumes and fund physical network expansion as the brand establishes its commercial footprint in India.
The collaboration bridges VinFast's entry into the Indian automotive space with the expansive fiscal network of Tata Capital, which ranks as India's third-largest non-banking financial company (NBFC).
The dealer financing agreement functions as an operational anchor for VinFast’s broader strategy to build a self-sustaining electric vehicle ecosystem in India. Furthermore, to alleviate consumer hesitation regarding EV depreciation curves, VinFast is launching structural assured resale value programs.
It was just recently that VinFast announced an extension of its free charging program across the V-Green charging network, which will remain active for owners until 31 March 2029.
Tapan Ghosh, CEO, VinFast India, said, “VinFast India is pleased to partner with Tata Capital, one of the most trusted financial services providers in the country, in a collaboration that reflects our shared commitment to advancing electric mobility in India. This partnership will enable us to offer comprehensive financing solutions for our dealer network, thereby supporting greater accessibility, operational ease and long-term growth for the brand. We are confident that their strong pan-India presence and financial expertise will play an important role in enhancing the ownership journey for our customers and partners.”
Narendra Kamath, COO - SME Finance, Tata Capital, said, "India’s transition to electric mobility is gathering significant momentum, creating a growing need for innovative and scalable financing solutions. Through our partnership with VinFast, we aim to empower dealers with tailored financing support that enables business growth and operational efficiency. Together, we are committed to strengthening the EV ecosystem and accelerating the adoption of sustainable mobility across the country."
Maruti Suzuki Rolls Out Smart Maintenance Plan With Pan India Service Coverage
- By MT Bureau
- June 15, 2026
Maruti Suzuki India Limited has launched the Smart Maintenance Plan (SMP), a flexible prepaid after‑sales service package aimed at giving existing customers a worry‑free ownership experience. The plan is open to all private and commercial vehicle owners.
Customers can subscribe at the time of vehicle purchase or later during a periodic maintenance visit to any authorised workshop. The plan offers various configurations, including labour‑only, parts and labour, commercial vehicle minor services, customer‑demanded services and engine oil with coolants. Optional wear‑and‑tear coverage for clutch and brake parts is also available.
Subscribers save at least 10 percent on labour costs, with extra savings on parts and consumables, while gaining protection against future inflation. Tenure and mileage options range from two years or 20,000 kilometres up to 10 years or 100,000 kilometres for private vehicles, and 10 years or 160,000 kilometres for commercial vehicles. The plan applies nationwide at any Maruti Suzuki authorised workshop.
Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, “Since inception, our focus has been to deliver complete peace of mind and a truly joyful ownership experience to our customers. As customer expectations continue to evolve towards greater flexibility and personalised solutions, we are introducing the Smart Maintenance Plan. It is a prepaid service offering designed around individual driving needs. Customers can customise service packages while also protect themselves from future fluctuations in service costs by locking in maintenance expenses. Through this initiative, we aim to further enhance convenience, trust and long-term value for our customers.”

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