New Citroen C3 And C3 Aircross Reflects Learnings From The Indian Marketplace
- By MT Bureau
- August 25, 2024

New Citroen C3 Reflects Learnings From The Indian Marketplace
A far cry from the first Citroen C3 which fell short of features like auto air-con, adjustable headrests, rear wiper, wireless charging, sunroof, LED head lamps and tail lamps and rear camera, the new (2024) C3 reflects the learning from the Indian marketplace.
The car features high performance six-speed automatic transmission and a host of others in terms of safety and convenience. With prices starting from INR616,000 ex showroom, the new C3 – powered by a 110 PS 1.2-litre Gen 3 PureTech turbo petrol engine that produces 205 Nm of peak torque – comes with six airbags, ISOFIX child seat anchors, three-point seat belts, power window with switches on the doors, grab handle on the front passenger side, auto-folding ORVMs and LED projector headlamps.
While the buyer can still opt for a five-speed manual transmission that was offered on the earlier model, the new C3 also comes with 40 connectivity features for a tech-savvy driving experience as part of the MyCitroen connectivity suite. These consist of Remote Start Stop with pre-conditioning, Geo fencing, Remote Lock/Unlock and Marketplace Fueling. The 26 cm infotainment system in the car is replete with wireless Android Auto and Apple CarPlay.
Shishir Mishra, Brand Director, Citroën India, mentioned as the launch, “We are thrilled to launch the New C3, now equipped with enhanced features and the highly anticipated addition of Automatic transmission option. These upgrades mark a bold step forward in our commitment to delivering the best-in-class driving experience. We've meticulously refined every aspect of the vehicle—from safety and technology to comfort and convenience. We are confident that this new version will appeal to an even wider audience, reinforcing our dedication to innovation and exceptional driving experiences that evolve with our customers' needs.”
He drew attention to the model’s class-leading wheelbase of 2,540 mm and the renowned Advanced Comfort suspension system, which is claimed to deliver a ‘Flying Carpet’ ride. Providing extensive customisation options that includes ‘six packs’ and over 70 accessories along with intelligent storage solutions, the new C3 is available at La Maison Citroën showrooms nationwide.
The introduction of 2024 C3 follows close on the heels of the launch of 2024 C3 Aircross with a starting price of INR 1,284,800 ex showroom. Sharing the platform architecture with the C3, which also includes the 110 PS 1.2-litre turbo petrol engine and the six-speed automatic transmission, the C3 Aircoss new model also comes with ‘Citroen Connect’ that has 40 smart features including remote engine start, remote air-con pre-conditioning, progressive in-app marketplace for seamless fuel transactions via Citroën Connect.
Offering a five or five plus two searing, the C3 Aircross is claimed to offer best-in-class second row knee room.
With the rear seats up, the luggage volume on offer is 511-litres.
Perhaps a bit quirky in design/styling like many French automobiles are known to look, the C3 Aircross is available with a five-speed manual transmission.
"Citroën is committed to meeting the evolving demands of Indian consumers by integrating innovation, performance, value, and unparalleled convenience into our vehicles. The launch of the new C3 Aircross Automatic is a pivotal moment in our India venture, being the first Automatic Transmission on our C-Cubed platform. It brings advanced features, impressive performance, and competitive pricing. We are confident that the C3 Aircross Automatic will appeal to the consumers who are looking for exceptional driving experience along with versatility and comfort," said Aditya Jairaj, MD and CEO, Stellantis India.
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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