Mahindra Management

Mumbai-based automotive major Mahindra Group has rejigged its top leadership team to further strengthen the company’s market position.

The company has announced that Hemant Sikka, currently President of Farm Equipment Sector will take over the role of MD & CEO of Mahindra Logistics. He will succeed Ram Swaminathan who has stepped down to pursue other professional interests.

Furthermore, Veejay Nakra, currently President Automotive Division, has been appointed the President for Farm Equipment Business (FEB), which is among Mahindra’s large and profitable businesses with a ROCE of over 60 percent. The company sees huge opportunity to further grow the business and expand globally. He will continue to report to Rajesh Jejurikar, Executive Director & CEO, Auto & Farm Sector, Mahindra & Mahindra .

In addition, R Velusamy, currently, President Automotive Technology and Product Development, will take on the role of President of the Automotive Business (AB). He will be tasked to prepare the Automotive Business with technology innovation and lead opportunities for growth in domestic as well as global markets.

Mahindra has announced that it will now integrate the SUV and LCV (less than 3.5 tonne) business under one leadership to make the business more agile and collaborative, from engineering products to faster time to market. He will also report to Jejurikar.

Dr Anish Shah, Group CEO & Managing Director, Mahindra & Mahindra, said, “These leadership changes ensure that we have strong, proven leaders at the helm of our key businesses. Their experience will enable us to drive significant growth and create greater value for our customers and shareholders. We thank Ram for his contributions to the company, and wish Hemant, Veejay, and Velu the very best for the journey ahead.”

Jeep Reaffirms India Commitment With Strategic Plan Jeep 2.0

Jeep

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.”

Maruti Suzuki India Reports INR 37.94 Net Profit For Q3 FY2026

Maruti Suzuki India

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.

Volkswagen India Unveils Tayron R-Line, Plans 4 More Launches In 2026

Tayron R-Line

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.”

Renault Unveils New Generation Duster In India, Hybrid Variant Launch In Diwali 2026

Renault Duster

Renault India has revealed the new generation Duster in Chennai, marking the return of the nameplate to the Indian market. The vehicle is the first product launched under the Renault International Game Plan 2027, a strategy positioning India as a hub for the company's operations outside Europe.

The SUV is built on the Renault Group Modular Platform (RGMP), with 90 percent of its components designed specifically for the Indian market. The vehicle features a 2,657 mm wheelbase and 212 mm of ground clearance, with approach and departure angles of 26.9deg and 34.7deg respectively.

The Duster introduces three engine options, including a hybrid variant for the first time in India. The Strong Hybrid E-Tech 160 pairs a 1.8L engine with a 1.4 kWh battery, designed to operate in electric mode for a claimed up to 80 percent of city driving.

Two petrol options are also available: the Turbo TCe 160, producing 163 PS and 280 Nm of torque and the Turbo TCe 100. Transmission choices include a six-speed manual and a six-speed dual-clutch transmission (DCT) with a wet clutch.

The cabin features a driver-centric layout with a 10.1-inch OpenR Link multimedia system. This system incorporates Google built-in, providing native access to Google Maps, Assistant, and the Play Store. A second 10.25-inch TFT display serves as the instrument cluster, capable of replicating navigation data.

Additional interior features include:

  • Ventilated and electric front seats.
  • Dual-zone automatic air conditioning with a PM2.5 air quality filter.
  • Panoramic sunroof and electric tailgate.
  • 17 Advanced Driver Assistance Systems (ADAS) functions.

Fabrice Cambolive, CEO, Renault Brand, said, “As part of the Renault International Game Plan 2027, we are making India a key pillar of our growth outside Europe. We now have a strong ecosystem in Chennai, bringing together design, engineering, manufacturing, and local operations at the highest level - making India one of the most complete and powerful hubs in Renault’s global network. The new Renault Duster is the first step in Renault’s renewal in India.”

Stephane Deblaise, CEO, Renault Group India, added, “With the new Renault Group Modular Platform, Renault brings an advanced hybrid technology and top-tier safety engineering. With Renault Forever program, we also offer our customers a significantly improved ownership experience. New Renault Duster is the start of a renewed product cycle and for an exciting trajectory for Renault in India. Renault is back.”

The vehicle comes with an industry first 7-year or 150,000 km warranty under the Renault Forever programme. Pre-bookings are open via the 'R Pass', with official pricing expected in mid-March 2026. Deliveries for petrol variants will commence in April 2026, while the Strong Hybrid version is scheduled for release during Diwali 2026.