Meta Materials Circular Markets (MMCM) organised a conference at the Indian Habitat Centre in New Delhi on 18 December 2023. Nitin Gadkari, Minister of Road, Transport and Highways, unveiled the DigiELV online platform as well as the Automotive Circularity Orchestrator. 
MMCM's Automotive Circularity Orchestrator addresses global environmental concerns by helping collaboration for eco-friendly alternatives. It connects consumers, manufacturers and recyclers to promote sustainability and facilitates seamless data as well as material exchanges. 
The DigiELV online platform – authorised by the Ministry of Road Transport and Highways (MoRTH) – aids lawful trading of Certificate of Deposit (CD) for End-of-Life Vehicles (ELVs). It ensures transparency and rewards sustainable efforts of ELV owners. In the beta phase, the DigiELV platform facilitated trading of more than 800 certificates in the past three months.
Besides the Automotive Circularity Orchestrator and DigiELV, the MMCM also introduced a public educational series on benefits of vehicle scrapping during the programme. The series was shown at the conference to those present and turned out to be quite engaging in the booklet form. It included cartoon stories for kids to encourage parents to take a sustainable action on their vehicles in terms of their scrappage at the end of their life. 
Organised in collaboration with the Material Recycling Association of India (MRAI) and the Policy Times Chamber of Commerce (PTCC), the conference brought together key stakeholders to discuss not just about the DigiELV or the Automotive Circularity Orchestrator but also about the ELV Policy, certificate of deposits, CD Trading, lawful ELV scrapping, need for material traceability and carbon emission reduction through vehicle scrappage waste recycle/circular economy. The launch edition made efforts to spread awareness about vehicle modernisation programme, CD trading on DigiELV and the role of the Auto Circularity Orchestrator in environmental sustainability. 
"The launch of platforms like DigiELV and Automotive Circularity Orchestrator aligns with our commitment to reducing pollution and moving towards sustainable mobility,” said Gadkari 
Gadkari emphasised on moving ahead with the 3E concept, which stands for ecology, environment and economics. He mentioned that the scrappage policy will reduce environmental pollution by approximately 20-25 percent. 
Nitin Chitkara, CEO, MMCM, averred, "Around eight percent of India's total GHG emissions come from the transport sector, and in Delhi it exceeds 30 percent. The 2021 Vehicle Scrappage Policy is a crucial step toward systematically phasing out unfit cars and promoting technologically advanced vehicles to reduce pollution. Our solutions, DigiELV and the Automotive Circularity Orchestrator, aim to revolutionise the automotive industry by promoting sustainability and addressing the pressing issue of automotive pollution.” 
There was no standard scrapping facility available. After the introduction of this, cars would be scrapped properly. Consumers in-turn will benefit by receiving a certificate recognised by the government which they can use to avail a discount on road tax as well as registration fees when buying a new car, he added.

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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.”

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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.”

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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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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.”

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