Škoda Auto has officially announced that its highly anticipated Kylaq will make its world debut in India on 6 November 2024. The launch of the Kylaq will see Škoda Auto entering a ‘New Era’ in India, which is the most important market for the brand outside Europe.

The Kylaq is powered by the tried-and-true 1.0 TSI engine, which is paired to either a six-speed manual or automatic gearbox. The engine generates 85 kW and 178 Nm of torque. The car uses the same MQB-A0-IN platform as the Kushaq and Slavia. These two vehicles have previously received a complete 5-star rating in Global NCAP testing for adults and children. The Kylaq comes standard with over 25 active and passive safety features, including six airbags, traction and stability control, anti-lock brakes, Electronic Brake Distribution, Brake Disc Wiping, Roll Over Protection, Motor Slip Regulation, Electronic Differential Lock, Passenger airbag deactivation, Multi Collision Braking and ISOFIX seats, among many others.

The Kylaq has been tested throughout 800,000 kilometres of Indian terrain, including urban, highway, hilly and rugged routes. This all-new compact SUV has been tested in temperatures ranging from -10 to +85 degrees Celsius and at elevations ranging from sea level to 3,000 metres above sea level. To assure complete monsoon readiness and optimum weather resistance, 100 random samples of the Kylaq were subjected to 25-30 litres per minute/square metre of water at an angle of up to 16 degrees. This guarantees that no water enters the Kylaq under heavy monsoon conditions. The Kylaq has also undergone a vehicle shaking test to verify that the interiors stay silent and rattle-free across all road surfaces. To make sure there is no discolouration, distortion or loss of functionality in intense sunlight or other environmental conditions, the Kylaq has also been exposed to open weather for two years.

Piyush Arora, Managing Director and CEO, Škoda Auto Volkswagen India, said, “I’m proud to present Kylaq – the first compact SUV from Škoda India. Kylaq is designed and made with high levels of localisation, thereby strengthening our ‘Make in India’ commitment. It represents the Group’s DNA of driving dynamic, safety and comfort, along with the practical features desired by our value conscious customers. I’m sure the product will resonate with Indian customers’ mindset. Kylaq, designed and engineered in India, for India, will be a gamechanger.”

Jiří Dytrych, Head of Product Management, Škoda Auto, shared, “It is a moment of great pride for me and our team to see the Kylaq getting closer to making its world debut in India. The MQB-A0-IN was conceived to be a highly flexible, modular and versatile platform. You all know the Kushaq and Slavia to be much larger, above 4-metre cars. Both these cars have been pivotal in the growing focus on having safer cars in India. At the development stage itself, this platform was conceived to also accommodate an under 4-metre car like the Kylaq and has the same spirit of unmatched driving dynamics, leading safety and proven quality. We take safety a notch higher with a best-in-segment hot-formed steel for the front crash module, to ensure best cabin safety. The key features of the car are always space and comfort for the driver and passengers. The Kylaq will offer first-in-class six-way adjustable driver and passenger seats with ventilation function. The Kylaq will lead our presence, in the fastest-growing and most competitive segment in India.”

Jan Bures, Executive Director – Sales, Marketing and Digital, Škoda Auto Volkswagen India, said, “The Kylaq is just around the corner from making its debut in the world. It has been developed and even named keeping in mind evolving customer trends and aspirations in India. The under 4m segment makes up nearly 30 percent of the marketshare in the Indian passenger car sector. And the Kylaq, we believe, is adept at tapping this segment. It will also take us to new markets among tier 3 and 4 centres and bring new customers into our fold. With the response to this pre-production version, I will say with comfort and confidence that the Kylaq is on track to make its debut soon and will enable us to achieve further growth and inroads into the Indian market.”

Petr Janeba, Brand Director, Škoda Auto India, shared, “Expanding our portfolio is a key part of our growth strategy, which will enable us to welcome more customers into the Škoda family. We committed to adding a new SUV – Kylaq -- to our offerings, and we are well on track for our biggest-ever launch in India. This is a huge milestone in our India journey and will enable us to double our addressable market share. From the teasers shared, you can tell that this will be a stunning-looking SUV. The Kylaq is now undergoing the final set of testing, and as a result, we cannot reveal the car in all its glory, yet. The Kylaq is the car that will democratise European technology in India. Among other things, it has over 25 active and passive safety features standard across all its variants, and about 30 in specific variants. The Kylaq is almost ready for its debut and will lead the charts when it comes to safety and dynamics.”

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Mumbai-headquartered business conglomerate Mahindra & Mahindra has announced its financial results for Q2 FY2026 with consolidated Revenue reaching INR 461 billion, marking a 22 percent YoY growth.

The consolidated Profit After Tax (PAT) stood at INR 36 billion, a 16 percent increase YoY. The company stated that, excluding specific one-time impacts, PAT growth was 28 percent YoY.

Mahindra’s Auto business reported sales of 262,000 vehicles, up 13 percent, which includes around 146,000 SUV sales. This translated to a revenue of INR 271 billion, up 25 percent YoY, while net profit came at INR 15 billion, up 8 percent YoY.

On the other hand, the farm sector reported its highest ever Q2 market share at 43 percent with sales of 123,000 units, up 32 percent YoY. The revenue came at INR 102 billion, up 25 percent, while consolidated net profit came at INR 11 billion, up 45 percent YoY.

Dr. Anish Shah, Group CEO & Managing Director, Mahindra & Mahindra, said, “We are pleased with the strong execution and solid performance delivered across the group in Q2 FY2026. Auto and Farm sustained their leadership with consistent gains in market share and profitability. TechM is progressing well on its transformation journey. MMFSL achieved a 45 percent PAT growth and remains committed to quality growth and digital transformation. Our Growth Gems are steadily advancing towards their ambitious goals, reinforcing our long-term value creation potential.”

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), Mahindra & Mahindra, said, “Strong performance of our Auto and Farm businesses continues in Q2 FY2026 reinforcing our leadership position, with a gain of 390 bps YoY in SUV revenue share, and 100 bps YoY in LCV (< 3.5T) market share. In Tractors, we gained 50 bps YoY to reach 43 percent market share. Our Auto Standalone PBIT margin (excl. e-SUV Contract Mfg.) improved by 80 bps to 10.3 percent and core Tractor PBIT margins improved by 190 bps to 20.6 percent.”

Amarjyoti Barua, Group Chief Financial Officer, Mahindra & Mahindra, “Our solid Q2 consolidated results reflects the strength of our diversified portfolio. We continue to deliver on our strategic priorities. We had strong cash generation in the first half, delivering over INR 100 billion of operating cash flow. We remain committed to sustainable growth and value creation.”

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Hyundai Motor India Limited has globally launched the all-new Hyundai Venue and Hyundai Venue N Line, revising its popular compact SUV with prices starting INR 789,900 (ex-showroom).

The new Venue SUV is built on Hyundai’s Global K1 enhanced Platform. It has dimensions of 3,995 mm (Length), 1,800 mm (Width), 1,665 mm (Height) and a 2,520 mm Wheelbase.

The vehicle introduces the Connected Car Navigation Cockpit (ccNC) system, which NVIDIA accelerates. Technology includes Dual 62.5 cm (12.3-inch + 12.3-inch) curved panoramic displays and a 31.24 cm (12.3-inch) ccNC Navigation system. Up to 20 controllers are capable of Over-the-Air (OTA) vehicle updates.

Safety features include 6 airbags and Hyundai SmartSense ADAS Level 2 with 16 features. It is available with three powertrain options: Kappa 1.2-litre MPi petrol (5-speed manual transmission), Kappa 1.0-litre Turbo GDi petrol (6-speed manual or 7-speed DCT transmission) and U2 1.5-litre CRDi Diesel (6-speed manual or 6-speed automatic transmission).

The N Line is available in two variants, N6 (MT/DCT) and N10 (DCT). It is powered by the Kappa 1.0-litre Turbo GDi petrol engine. This engine delivers 88.3 kW (120 PS) and 172 Nm of maximum torque. Transmission options are a 6-speed manual or a 7-speed DCT. The vehicle includes paddle shifters, traction control modes and drive mode select. Technology features include the 31.24 cm (12.3-inch) ccNC Navigation system accelerated by NVIDIA, and up to 20 vehicle controllers capable of over-the-air (C-OTA) updates. For safety, the N Line is equipped with ADAS Level 2 with 21 features and over 70 advanced safety features. It features disc brakes on both the front and rear axles.

Unsoo Kim, Managing Director, Hyundai Motor India Limited, discussed the company's deep commitment to the Indian market, confirming an investment of over INR 450 billion. He noted that the all-new Hyundai Venue is the first product from the new Pune manufacturing plant and the first of 26 products planned by 2030.

"At HMIL, our commitment to India runs deep. We have recently announced an investment of over INR 450 billion, reaffirming our long-term vision for this vibrant market. The all-new Hyundai Venue marks the beginning of an exciting new chapter and it is the first product to roll out from our state-of-the-art Pune manufacturing plant and the first among the 26 products we plan to introduce by 2030. The launch of the all-new Hyundai Venue and Hyundai Venue N Line represents a significant milestone in our journey of automotive excellence," said Kim.

Tarun Garg, Whole-Time Director & COO, Hyundai Motor India, highlighted the Venue's strong market presence, with over 700,000 units sold and a consistent top-three position among compact SUVs in India. He confirmed that the all-new Hyundai Venue will be manufactured exclusively in India for global markets, supporting the 'Make in India for the World' vision.

"Since its debut in 2019, the Hyundai Venue has been one of the most successful nameplates in our SUV lineup, with over 700,000 units sold and a consistent position among the top three compact SUVs in India. Venue has played a pivotal role in strengthening Hyundai's SUV leadership and shaping our identity as a progressive and customer-centric brand. Preferred by young, aspirational working professionals who seek performance, Hyundai Venue has become a symbol of dynamic urban mobility and spirited individuality. With the launch of the all-new Hyundai Venue and Venue N Line, we are taking this success story to the next level. The new Hyundai Venue embodies disruptive design, advanced technology, superior safety and exhilarating performance, setting new benchmarks in the compact SUV segment. It also marks a proud moment for Hyundai Motor India, as the all-new Hyundai Venue will now be exclusively manufactured in India for global markets a true testament to the 'Make in India for the World' vision and the growing role of HMIL in Hyundai Motor Company's global strategy," said Garg.

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French automotive major Renault Group and Chinese automaker Geely have executed agreements to extend their strategic cooperation, focusing on the production and sales of zero and low-emission vehicles by Renault do Brasil for both the Renault and Geely Auto brands in the country.

As part of the agreements, Geely has acquired 26.4 percent stake in Renault do Brasil. Renault Group will remain the majority shareholder and continue to consolidate the entity in its accounts. As a minority shareholder, Geely gains access to the Brazilian industrial and commercial resources, which should accelerate its expansion in the region.

Renault do Brasil will produce Geely Auto-branded vehicles alongside Renault vehicles at the Ayrton Senna plant in Sao Jose dos Pinhais, Parana. This joint production is expected to increase output and sharpen the industrial complex's competitiveness.

Renault will utilise Geely's GEA new energy architecture to expand its zero and low-emission vehicle line-up for the Brazilian market.

Renault do Brasil will distribute Geely Auto's portfolio of zero and low-emission vehicles in Brazil, including the Geely EX5 electric SUV, opening up new growth opportunities in sales, financing, and services.

Francois Provost, CEO, Renault Group, said, “The partnership we are announcing today with Geely in Brazil marks a decisive step forward in our international strategy. It establishes an agile cooperation founded on industrial excellence and technological leadership. Once again, combining our strengths will make us more competitive, more innovative and more responsive in a fast-evolving automotive market.”

Eric Li, Chairman, Geely Holding Group, said, “Our continued cooperation with Renault in exploring new markets and new opportunities will make for a win-win scenario as both Renault and Geely are able to leverage technology scales on a global level to bring the best products to market.”

The cooperation aims to enhance both companies' presence in Brazil, a market that accounts for over 40 percent of vehicle registrations in Latin America in H1 2025. The two groups have previously collaborated on projects including joint investment into Renault Korea and the creation of Horse Powertrain.

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French automotive major Renault India has reported a 21 percent YoY wholesales growth for October 2025, selling 4,672 units compared to 3,861 units last year.

The company attributed the surge in sales to the successful launch of the new Triber and Kiger SUVs and the positive impact of the GST 2.0 reforms.

Renault India also reported a 9.54 percent increase in wholesales over the 4,265 units sold in September 2025. On the other hand, retail sales came at 5,041 units in October 2025 (as per VAHAN data), reflecting a 12.7 percent growth over the same period last year.

Francisco Hidalgo, Vice-President, Sales and Marketing, Renault India, said, “October recorded a notable upswing in sales, driven by overwhelming customer response to the newly launched Triber and Kiger. The models have captured strong interest across urban and rural markets alike, reflecting renewed consumer confidence and vibrant demand during the festive season. We are confident this encouraging momentum will continue in the months ahead.”

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