Kenichi Ayukawa, Managing Director and CEO, Maruti Suzuki India Limited, said, “Mission Green Million is our commitment to bring advanced powertrain technologies for the Indian customers. In this mission, ‘Make in India’ will be our core philosophy. S-CNG and Smart Hybrid technologies on Maruti Suzuki cars have seen huge acceptance by customers. We have complete faith in the future of Indian automotive market and will accelerate our efforts for electrification of powertrains, with a technology agnostic approach. Our endeavor will be to offer realistic solutions for mass acceptance by customers.”
As a part to realize the Mission Green Million, Maruti Suzuki has showcased Concept Futuro-e: A futuristic, dynamic and stylish coupé SUV concept. Concept Futuro-e demonstrates Maruti Suzuki’s perspective on reimagining future green mobility.
On the global preview, Ayukawa said, “Concept Futuro-e is a design study. It presents possibilities of a new global design language for the SUV segment. The segment has recently seen a tremendous surge in popularity. A coupé styled SUV is a first from Maruti Suzuki stable and we are confident customers will like it.”
Conceptualised and designed by Maruti Suzuki designers, Concept Futuro-e envisages a fresh design interpretation for the SUV segment, with a vision to provide enthralling and engaging design experience for India’s young and aspirational youth.
Concept Futuro-e is defined by its distinctive SUV-coupé silhouette and balanced proportions. The crisp geometric surfaces lend a bold yet stylish presence to Concept Futuro-e.
Vitara Brezza BS-VI Petrol
Maruti Suzuki India Limited has unveiled the all-new Vitara Brezza, equipped with the powerful 1.5 Litre K-series BS-VI petrol engine. The latest version of India’s best-selling compact SUV, the Vitara Brezza, offers enhanced sportiness, bolder looks, stronger stance, premium interiors and a host of new features. Offering a complete package of power, convenience, comfort and premiumness, the all-new Vitara Brezza ensures an enhanced driving experience for customers.
Launched in 2016, the Vitara Brezza became an instant hit as it took the market by storm, emerging as the most awarded compact SUV. Its dominance over the segment is evident from the fact that in less than 4 years of its launch the Vitara Brezza has sold over 500,000 units. Vitara Brezza is the fastest to achieve the milestone in the SUV segment.
Conceptualised and designed by the team at Maruti Suzuki, Vitara Brezza redefined the compact SUV segment with its sporty and glamorous design. It established Maruti Suzuki as a leader in Utility Vehicle segment.
Kenichi Ayukawa, Managing Director and CEO, Maruti Suzuki India Limited, said, “Vitara Brezza created a disruption among compact SUVs. Offering a new dual tone design, class leading features, outstanding fuel efficiency and personalisation options, Vitara Brezza quickly emerged as a segment leader. Keeping up with its strong, urban and premium appeal, the new Vitara Brezza is bolder, sportier and more powerful. We are confident that it will continue the legacy with overwhelming customer response.”
The new Vitara Brezza is powered by the bigger and powerful 1.5 Litre K-series BSVI petrol engine. The new engine delivers a peak power of 77KW@6000 rpm with a top end torque of 138Nm@4400rpm leading to deliver a peppy driving experience. The engine will offer superior NVH characteristics, best-in-class fuel efficiency and an improved cooling performance. (MT)
VinFast’s Inaugurates Its Largest Showroom In India In Chennai
- By MT Bureau
- August 02, 2025
Vietnamese automaker VinFast Auto India has opened its largest showroom in the country in Chennai, Tamil Nadu. This marks the company’s first dealership in the state and is part of its plan to expand its retail presence across India.
The 4,700 sqft facility, located in Teynampet, is operated by Maansarovar Motors and will display VinFast's upcoming electric SUV models – the VF 6 and VF 7.
Pham Sanh Chau, CEO, VinFast Asia, said “Chennai’s legacy and its thriving ecosystem of innovation, skilled talent and advanced infrastructure make it a natural choice for VinFast’s first-ever dealership in Tamil Nadu, which is also our largest touchpoint across the country. With this dealership, we are proud to deepen our commitment to this dynamic city and bring our premium electric mobility solutions closer to discerning customers in Tamil Nadu. Chennai represents the spirit of progress and through our partnership with Maansarovar Motors, we aim to redefine the EV ownership journey – combining sustainability, technology and world-class service. This marks not just a retail milestone, but a meaningful step toward co-creating a greener, smarter, and future-ready India.”
As part of its expansion plans, the company aims to open 35 dealerships across 27 cities by end-2025. Pre-bookings for the VF 6 and VF 7 began on 15 July with a refundable booking amount of INR 21,000.
VinFast has partnered with RoadGrid, myTVS, and Global Assure to support charging infrastructure and after-sales services. It has also tied up with BatX Energies to promote battery recycling and develop a circular battery value chain.
Maruti Suzuki India Reports INR 37.11 Billion Net Profit For Q1 FY2026
- By MT Bureau
- August 01, 2025
Maruti Suzuki India, the leading passenger vehicles manufacturer in the country, has reported its financial results for Q1 FY2026.
The company sold a total of 527,861 vehicles, which comprised 430,889 units in the domestic market and 96,972 units exported. This translated to a sales decline of 4.5 percent in the domestic market, while exports grew by 37.4 percent compared to a year ago.
Maruti Suzuki India’s reported registered net sales of INR 366.2 billion, up 8.11 percent YoY, as compared to INR 338.7 billion last year. The net profit came at INR 371 billion, up 1.7 percent, as compared to INR 364.9 billion last year.
Hyundai Motor India Reports INR 13.69 Net Profit For Q1 FY2026, Down 8%
- By MT Bureau
- July 30, 2025
Hyundai Motor India, one of the leading passenger vehicle manufacturers in the country, has reported its financial performance for Q1 FY2026.
The company’s revenue came at INR 164.129 billion, down 5.36 percent YoY, the EBITDA came at INR 21.85 billion, down 6.62 percent YoY, while net profit at INR 13.69 billion was down 8 percent YoY.
Unsoo Kim, Managing Director said, “We continued our stated strategy of ‘Quality of Growth’ in the first quarter of FY 2026 with balance between domestic & exports, market share and profitability. This strategy helped us to sustain strong EBITDA margin of 13.3 percent during the quarter, despite tough macro-economic environment. Moving forward, we anticipate gradual recovery in domestic demand sentiments, driven by onset of monsoon & festive season coupled with government policy measures, while on the exports front, we are confident to maintain a positive momentum, in line with our growth commitments.”
Hyundai Motor India’s performance was affected by a slowdown in its overall volumes both in domestic and exports markets. Factors such as intensifying competition, geopolitical situation and tariff confusion have affected demand.
Mahindra's Q1 FY2026 Net Profit Rises 24% To INR 40.83 Billion
- By MT Bureau
- July 30, 2025
Mumbai-headquartered SUV major Mahindra & Mahindra has reported a 24 percent YoY increase in consolidated net profit to INR 40.83 billion for Q1 FY2026, supported by strong performances across its automotive, farm and services businesses.
The consolidated revenue grew 22 percent to INR 455.29 billion in Q1 FY2026, while return on equity stood at 20.6 percent.
During the quarter, the company increased its revenue market share in the SUV segment to 27.3 percent, its LCV market share (up to 3.5 tonnes) to 54.2 percent, and its tractor segment market share to 45.2 percent.
The standalone automotive business recorded a 31 percent increase in revenue to INR 259.99 billion, with profit before interest and tax (PBIT) up 24 percent to INR 22.21 billion. SUV volumes reached 152,000 units, contributing to total vehicle sales of 247,249 units.
The farm equipment sector saw revenue rise 12 percent to INR 108.92 billion, with PBIT up 21 percent at INR 18.19 billion. Tractor volumes grew 10 percent to 132,964 units and standalone PBIT margins improved by 130 bps to 19.8 percent.
In the services segment, Mahindra Finance’s assets under management rose 15 percent, while Tech Mahindra’s EBIT margin increased by 260 bps to 11.1 percent, with a 34 percent jump in net profit.
Dr. Anish Shah, Group CEO & Managing Director, M&M, said, “Q1 FY2026 has been an excellent quarter, with broad-based growth across all our businesses. The operating excellence in our Auto and Farm businesses is evident in continued market share gains and margin expansion. TechM is witnessing momentum on deal wins, sustaining cost discipline and is moving steadily towards its FY2027 margin objectives. MMFSL’s calibrated approach to growth is manifesting in stable asset quality, with GS3 under 4 percent as committed. Our Growth Gems are progressing well on their value creation journeys.”
Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M, said, “Our Auto and Farm businesses continue to lead with strong momentum in Q1 FY2026, with gain of 570 bps YoY in SUV revenue share, and 340 bps YoY in LCV (<3.5T) market share. In Tractors, we gained 50 bps YoY to reach 45.2 percent market share, the highest ever in a quarter. Our Auto Standalone PBIT margin (excl. eSUV contract mfg.) improved by 50 bps to 10 percent and core Tractor PBIT margins improved by 100 bps to 20.7 percent.”
Amarjyoti Barua, Group Chief Financial Officer, M&M, said, “We are pleased with the performance of the group in the quarter, despite several macro challenges including geo-political disruptions. It demonstrates the resilience of the group. With our continued focus on capital discipline & operational metrics, we remain committed to shareholder value creation.”
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