Luca de Meo Steps Down As Renault Group CEO

Luca de Meo

Luca De Meo has announced his decision to step down as the CEO of Renault Group after spending five years at the helm of the auto major, and pursue interest outside the automotive industry.

Renault Group’s Board of Directors, convened by its Chairman Jean-Dominique Senard, have expressed their gratitude to Meo for the turnaround and transformation of the brand and accepted that his departure would be effective from 15 July 2025. Meo will continue to perform his duties until that date.

The Board of Directors has initiated the process of appointing a new Chief Executive Officer based on the already defined succession plan.

Jean-Dominique Senard, said, "For five years, Luca de Meo has worked to restore Renault Group to its rightful place. Under his leadership, our company has returned to a healthy foundation, boasts an impressive range of products and has resumed growth. Besides being an exceptional captain of industry, Luca de Meo is also a creative, committed, passionate and inspiring individual. Today, the entire company joins me in thanking him for all these years and all the collective challenges successfully met. On a personal level, I will always remember the quality of our relations during this unforgettable journey. This also gives me the opportunity to warmly thank the Group's employees who have worked alongside us for the recovery of this emblematic company that we are all so proud of.” 

Luca De Meo, added, "There comes a time in one’s life when one knows the job is done. At Renault Group, we have faced immense challenges in less than five years! We have achieved what many thought impossible. Today, the results speak for themselves: they are the best in our history. We have a strong team and an agile organisation. We also have a strategic plan ready for the next generation of products. That is why I have decided it is time for me to hand over the baton. I am leaving a transformed company, poised for the future, to apply my experience to other sectors and embark on new adventures. Leading Renault Group has been a privilege. It has been a human and industrial adventure that only happens once in a lifetime. For this, I will always be grateful to the women and men of this company - the ‘Renaulutionnaires’ - for their passion, their commitment and their conviction. They are the true driving engines. Moreover, I would like to thank Jean-Dominique Senard for choosing me several years ago, for his support and trust, as well as the Board of Directors, for believing in our projects. And the best is yet to come."

Honda Cars India Launches Elevate ADV Edition At INR 1.52 Million As New Flagship Trim

Honda Elevate

Honda Cars India (HCIL) has introduced the Elevate ADV Edition at prices starting INR 1.529 for the MT single tone edition and INR 1.66 million for the CVT dual tone edition.

The new trim is positioned as the new flagship grade in the popular Honda Elevate SUV line-up. 

The ADV Edition features a number of external upgrades, including a new Alpha-Bold Plus grille with black surround and a hood decal accented with orange highlights. The overall exterior appeal is enhanced by black roof rails, ORVMs (Outside Rear-View Mirrors) and window beltline moulding. Distinctive touches include ADV emblems on the fenders and black alloy wheels with orange accents.

Inside, the cabin features a black interior theme with vibrant orange accent detailing. A standout feature is the ADV Terrain Pattern Backlit Illuminated Instrument Panel Garnish, described as creating a futuristic style. Customers can also opt for a 360degree surround view camera.

The Elevate ADV Edition is powered by the 1.5-L i-VTEC petrol engine, available with a 6-speed manual or a 7-speed CVT automatic transmission with Paddle Shifters.

Safety features include Honda Sensing, the advanced driver-assist system (ADAS), which incorporates Collision Mitigation Braking System, Lane Keep Assist and Adaptive Cruise Control. The vehicle is built with the ACE Body Structure and includes six airbags and a LaneWatch camera.

Kunal Behl, Vice-President, Marketing and Sales, Honda Cars India, said, “The Honda Elevate has received a positive response from customers across the country due to bold looks and highly engaging performance. With the introduction of the Elevate ADV Edition as the top trim, we aim to offer more choices to customers with different preferences. This new model features an even bolder and sharper design, blending style with Honda’s trusted quality and refinement, making it the perfect companion for every journey. We are excited to welcome more customers to experience this exciting new addition.”

Honda Cars India Reports 10,518 Unit Wholesales In October 2025

Honda Cars India

Honda Cars India, a leading passenger vehicle manufacturer, has reported total wholesales of 10,518 units for October 2025.

The company recorded domestic sales of 6,394 units for the month, which marks a 15.3 percent growth as compared to 5,546 units last year.

Honda also exported 4,124 units in October 2025. In comparison, exports in October 2024 stood at 4,534 units. The company noted the strong performance of the Honda Amaze as a key driver of the growth.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “The festive sales and GST 2.0 announcement fuelled robust demand across our line-up of City, Amaze and Elevate during October. The Amaze being the only car under 10 lakh price segment to offer ADAS safety and smooth CVT performance has been strongly appreciated by consumers registering strong sales growth.”

JSW MG Motor India Reports 9% Decline In October Sales

JSW MG Motor India

JSW MG Motor India has reported a decline of 9 percent in it wholesales for October 2025, with sales of 6,397 units, as compared to 7,045 units sold for same period last year.

On the other hand, the company reported a 20 percent YoY increase in wholesales during the August–October 2025 festive period.

The MG SELECT model retained its second position in the luxury electric vehicle (EV) segment, registering an impressive 62 percent MoM growth.

Hyundai Motor India Reports 53,792 Wholesales In October

Hyundai Creta

Hyundai Motor India, one of the leading passenger vehicle manufacturers, has achieved total monthly sales of 69,894 units in October 2025. The volume includes 53,792 units in domestic sales.

The company stated its performance was driven by the domestic market, and it also bolstered its position as a global manufacturing hub, with exports touching 16,102 units, marking an 11 percent YoY growth.

Furthermore, the Hyundai Creta and Venue SUV duo achieved their second-highest-ever combined monthly sales of 30,119 units.

Tarun Garg, Whole-time Director & Chief Operating Officer, Hyundai Motor India, said, “October 2025 was a month driven by the festivals of Dussehra, Dhanteras and Diwali, further complimented by the positive impact of GST 2.0 reforms. This provided a significant boost to the Indian automotive industry. At Hyundai Motor India, we witnessed robust market demand and high consumer enthusiasm leading to second highest monthly sales of our formidable SUV duo – the Hyundai Creta and Venue combined, with 30,119 units sold. We expect to accelerate this momentum with the upcoming launch of all-new Hyundai Venue, which is already open for bookings.”