Hyundai Motor India, one of the leading passenger vehicle manufacturers, has announced its highest-ever CAPEX of INR 75 billion — its highest ever —to fund a product offensive and manufacturing upgrades in FY2027.

The company also plans to introduce two brand new SUVs, including a localised electric SUV in the compact segment and an ICE SUV in the mass market segment. Interestingly, the South Korean automotive major has forecasted a 8-10 percent growth in sales across domestic and export markets for FY2027.

In FY2026, Hyundai Motor India saw its profit after tax decline by 4 percent to INR 54,315 million, as against INR 56,402 million a year ago. The revenue came at INR 707,633 million, up 2 percent, as against INR 691,929 million, EBITDA at INR 85,985 million, as against INR 89,538 million a year ago.

Despite a dip in profit after tax in FY2026 and commodity price pressures that impacted Q4 margins by 120 basis points, the leadership has issued a margin guidance of 11-14 percent for FY2027. Hyundai Motor India management noted that approximately half of the Q4 margin impact was a one-off occurrence. To counter unstable commodity costs, a calibrated price increase is scheduled for May 2026.

Tarun Garg, MD & CEO, Hyundai Motor India, said, “FY2026 was a year where we demonstrated our ability to effectively navigate a challenging environment. Looking ahead to FY2027, we have started the year on a strong footing. We expect this positive momentum to continue, backed by new product launches in high-demand segments.”

He further expressed confidence in a domestic volume growth target of 8-10 percent for the coming year. This outlook is supported by a strong start in April 2026, which saw domestic volumes grow by 17 percent.

The company expects that shifting the production of the Venue to the Pune plant will allow the Chennai facility to maximise capacity utilisation for these upcoming launches.

The CAPEX roadmap allocates nearly half of the funds to new product development, with 30 percent dedicated to plant infrastructure. This includes the Phase 2 expansion of the Pune facility and the modernisation of the Chennai plant. By FY2027, the Pune plant is expected to reach a capacity of 250,000 units, contributing to a group-wide goal of 1.14 million units by 2030.

The upcoming dedicated, localised electric vehicle in the compact SUV category, marking a significant step towards increasing its EV penetration, which stood at 2 percent in FY2026.

Furthermore, Hyundai Motor India is positioning itself as a primary global export hub for Hyundai Motor Company. The company’s target of 8-10 percent growth in export volumes, specifically leveraging its status as the exclusive global manufacturer for the Exter SUV. Future plans include the introduction of Left-Hand Drive (LHD) variants of the Exter and Verna for international markets.

The company also confirmed its commitment to meeting CAFE 3 standards through a diversified powertrain mix, including its CNG portfolio, which reached a record 18 percent contribution in the final quarter of FY2026.

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Škoda Auto India has expanded its Gujarat network with three new Customer Touchpoints in Ahmedabad and Himmatnagar, developed in collaboration with PPS Motors Pvt. Ltd. The additions comprise a sales and service hub at Naroda, a sales-only outlet at Maninagar and a Compact 3S facility in Himmatnagar, reinforcing the automaker’s footprint in western India.

The Naroda site spans 26,700 square feet, accommodating six display cars, 19 service bays and an Express Care Bay for swift repairs. Maninagar’s 4,800-square-foot showroom houses seven vehicles, while Himmatnagar’s 10,600-square-foot compact centre features four display cars and four service bays. All facilities adhere to the Modern Solid global design language, ensuring a premium customer environment.

With this rollout, Škoda Auto India’s Gujarat presence now totals 25 touchpoints across 16 cities, including Surat, Vadodara, Rajkot and Gandhinagar, among others. The new outlets are positioned to deliver comprehensive sales and after-sales support, aligning with the brand’s regional growth strategy.

Ashish Gupta, Brand Director, Škoda Auto India, said, “With the inauguration of these new facilities in Gujarat, we continue to strengthen Škoda Auto India’s presence across the state and the western region of India. Ahmedabad alone has five Customer Touchpoints now operational, and we are bringing our complete product range closer to customers while ensuring they experience the highest standards of service and care. Gujarat remains a vital pillar of India's growth, and with the Kylaq, new Kushaq, Kodiaq and Slavia, we are confident of growing the Škoda brand in this important market.”

Rajiv Sanghvi, Dealer Principal, PPS Motors Pvt. Ltd., said, “We are proud to strengthen our partnership with Škoda through the inauguration of these new touchpoints. This marks our entry into Gujarat and a significant milestone in our expansion across Western India. With 28 Škoda Auto-PPS Customer Touchpoints across Karnataka, Telangana, Andhra Pradesh, Kerala and now Gujarat, this expansion reflects our shared commitment to delivering a premium customer experience across every stage of the ownership journey. By combining Škoda Auto's advanced products and customer-centric philosophy with PPS Group's automotive expertise spanning more than 75 years, we are committed to delivering a best-in-class ownership experience while establishing a strong Škoda Auto presence in the region.”

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PPS Motors has inaugurated a new Mahindra touchpoint in Pune, further solidifying its presence within Maharashtra as part of a broader strategy to enhance customer accessibility and service quality. The facility was officially opened in the presence of senior officials from Mahindra & Mahindra, including Aman Malik, National Sales Head; Gaurav Beohar, Zonal Sales Head (West); Prabhakar Jakkan, Regional Sales Manager; Pakshal Shah, Chief of Staff, PPS Group, marking a significant collaboration between the two organisations.

Located strategically on East Street in Camp, the newly established 3,600 sft showroom is engineered to offer a premium and immersive customer journey. The space can accommodate up to five vehicles simultaneously, displaying Mahindra’s full range of passenger vehicles, which includes both internal combustion engine and electric options. Every aspect of the dealership, from its modern colour scheme and dynamic lighting to its intuitive technology, has been meticulously crafted to reflect progressive design and refined elegance, allowing visitors to explore breakthrough innovations such as the INGLO Electric Origin architecture and the advanced MAIA automotive mind.

This launch significantly bolsters PPS Motors’ extensive network, as the group now operates 149 Mahindra touchpoints across six states, including Maharashtra, Andhra Pradesh and Karnataka. The Camp location represents the eighth Mahindra facility in Pune, comprising seven showrooms and one workshop. Within just two years of commencing local operations, PPS-Mahindra has sold over 6,200 vehicles in the Pune region, and the group achieved approximately 41,500 Mahindra vehicle sales nationwide in FY 2026, cementing its status as the manufacturer’s largest sales and after-sales partner in India.

The expansion arrives amid robust regional automotive growth, with Pune’s passenger vehicle registrations rising to 74,814 units in 2025. Furthermore, Maharashtra has maintained its dominance in the electric vehicle sector, recording retail sales of 34,139 e-PVs in FY 2026, a remarkable 100 percent increase from the previous fiscal year, underscoring the growing consumer appetite for both conventional and electric mobility solutions in the state.

Rajiv Sanghvi, Dealer Principal, PPS Group, said, “We are delighted to inaugurate our 149th Mahindra touchpoint at the prestigious Camp location in Pune. This expansion reinforces our nearly seven-decade partnership with Mahindra, built on trust, shared growth and a relentless focus on customer satisfaction while further strengthening our position as its largest dealership partner in India, with around 41,500 vehicle sales in FY2026. With Mahindra’s future-ready products, customer-focused approach coupled with our deep understanding of the customer needs, we together endeavour to provide best-in-class ownership experience for our customers.”

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Maruti Suzuki India (MSIL), the country’s largest passenger vehicle manufacturer, has opened bookings for the 2026 Brezza, which is set to be launched on 24 July 2026.

The SUV can be reserved at Maruti Suzuki ARENA showrooms or via the company website for an amount of INR 11,000. Since its launch in 2016, the company has sold over 1.4 million units of the Brezza.

Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India, said, "Brezza's extraordinary journey since its introduction in 2016 has made it India’s highest selling compact SUV. In 10 Years, Brezza has won the trust of over 1.4 million customers which is a testament of its product supremacy and segment domination. In 2026, The new Brezza will represent a perfect synthesis of customer’s love and unlock a new dimension of excitement. We invite customers to book the new Brezza today and be among the first to experience it."

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Kia India, one of the leading passenger vehicle manufacturers, has announced that the Carens SUV family has reached a cumulative sales milestone of 300,000 units, which includes the Carens, Carens Clavis and the Carens Clavis EV.

At present, the Carens lineup sales consist of 60 percent petrol, 30 percent diesel and 10 percent electric. The Carens Clavis EV is available with two battery capacities: a 51.4 kWh option providing a 490 km range and a 42 kWh option with a 404 km range. The EV features fast charging, capable of reaching 80 percent charge from 10 percent in 39 minutes, and is powered by motors delivering 255 Nm of torque.

Sunhack Park, Chief Sales Officer, Kia India, said, “The 300,000-unit milestone for the Carens underscores its position as a segment leader and a true gamechanger in the MPV space. This achievement is a direct result of our product-led strategy, our sharp understanding of customer needs, and our unwavering focus on quality. It strengthens our conviction that the Carens is the benchmark for its class, and we are energized to build on this momentum as we accelerate our growth journey."

Furthermore, for Carens the top trim levels account for 18 percent of total sales.

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