Nissan Motor India has launched the new Magnite compact SUV at an introductory price of INR 599,000. The Magnite is one of the most successful products for the Japanese automaker in India, which recently surpassed cumulative sales of more than 150,000 units.

The model had first marked its debut in December 2020.

The Magnite builds on its earlier success and now gets redesigned LED Headlamps with lightsaber-style turn indicator, LED taillamps with 3D Gradient ‘honeycomb’ pattern. It continues to retain Magnite’s signature L-shape Daytime Running Lights (DRL).

The new model boasts a new floating uplifted skid plate at front, bigger grille, all new-dual-tone R16 Diamond Cut Alloy wheel, functional roof rails (50kg capacity).

On the inside the Magnite comes loaded with more than 20 first features including premium quilted leatherette seat with Heat Guard Tech, continuous multi colour ambient light with memory function, plasma cluster air ionizer, new global smart key with remote engine start (60m range), Walk Away Lock (WAL) & Approach Unlock (AUL) function, biggest electronic bezel-less auto dimming IRVM, Full LED Exterior pack including LED Headlamp, LED Taillamp, LED Day time Running Light, LED Indicator, and LED Front Fog Lamp.

The new model also features Around View Monitor, 17.78-cm full-digital advanced multi-functional cluster with dark theme, floating 20.32 cm (8) touchscreen infotainment system with Wireless Android Auto & Apple CarPlay, 3D sound by Arkamys, and cruise control.

Along with these, the New Nissan Magnite also provides consumers with a option of a unique tech pack which has a dashcam, wireless charger, premium speakers (JBL powered by Harman), puddle lamps and LED scuff plates.

In terms of safety, the Japanese automaker states it has incorporated over 40 standard active and safety feature and more than 55 total safety features. These include: 6 Airbags (2 Front Airbags/2 Side Airbags/2 Curtain Airbags), Vehicle Dynamic Control (VDC), Traction Control System (TCS), Hill Start Assist (HAS), Hydraulic Brake Assist (HBA), Anti-Lock Braking System (ABS), Electronic Brake-force Distribution (EBD), Tyre Pressure Monitoring System (TPMS).

It also gets 3 point seat-belt for all seats, seat-belt reminder for all seats, child lock, ISOFIX child seat anchorages, and rear parking sensor now coming as standard fitment across all variants - ensuring that every journey is not just comfortable, but more secure than ever. The Nissan Magnite is complemented with improved body structure with 67 percent advanced and High Tensile Strength Steel.

In terms of engine options, the Magnite facelift continues to be powered by the over the 72hp, 96Nm, 1.0-litre NA petrol and 100hp, 160Nm engine options. A 5-speed manual gearbox is standard across both. Customers can also opt for 5-speed AMT and a CVT option for the turbo-petrol engine. The Magnite compact SUV comes with a claimed fuel efficiency of 20kpl for the manual and 17.4kpl for CVT turbo variants.  

The new Nissan Magnite can be had in 11 body colours, 6 monotone and 5 dual-tone available – all expertly created and crafted to suit customer tastes and ensure their car is as unique as they are. 

Furthermore, the company is also expanding its export footprint to 47 new markets taking the total export footprint to over 65 international markets now including Left-Hand Drive markets.

Frank Torres, Divisional Vice-President – AMIEO Region Business Transformation & President, Nissan India Operations said, "India has a critical role in our global strategy and we are glad to roll out the Magnite from our Chennai facility to more markets across the globe. It not only strengthens our export goal but also cements our customer-first philosophy. The Nissan Magnite's success since its 2020 launch, both in India and international markets, embodies the enduring value of our 'One Car, One World' philosophy."

Saurabh Vatsa, MD, Nissan Motor India said, "The Magnite has redefined market expectations, earning unwavering customer loyalty and setting new standards in the segment. The new Magnite delivers value on all fronts- safety, premium features, with a powerful yet efficient CVT Turbo powertrain. This launch showcases our unwavering commitment to excellence and plays a pivotal role in our product offensive approach for the country. We are grateful for the love and trust shown by customers in India and thank them for making the Magnite a resounding success in the country. We are confident that the New Nissan Magnite will also resonate with international customers in the same way."

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Hyundai Motor India (HMIL) has released its unaudited financial results for Q3 FY2026 and nine months ending 31 December 2025.

The company reported a Profit After Tax (PAT) of INR 123.44 billion for Q3, representing a 6.3 percent increase YoY. Revenue for the quarter reached INR 1,797.35 billion, up 8 percent compared to the same period last year. EBITDA stood at INR 2,018.3 billion, a 7.6 percent rise, supported by festive demand and the implementation of GST 2.0.

The company stated that the domestic demand was supported by wholesale volumes increasing 5 percent QoQ. The Hyundai Creta recorded sales of over 200,000 units in the 2025 calendar year, while the new Venue model has received nearly 80,000 bookings to date.

Hyundai Motor India also entered the commercial mobility segment with the Prime HB and SD taxi models. Exports grew by 21 percent YoY in Q3 FY26, accounting for 25 percent of the total sales mix.

For the nine-month period, EBITDA reached INR 6,632.5 billion, a 3.3 percent increase. EBITDA margins expanded to 12.8 percent, up from 12.5 percent in the previous year, despite costs related to capacity stabilisation and commodity prices.

Tarun Garg, Managing Director & Chief Executive Officer, said, “The third quarter performance underscores our resilience and strong execution of 'Quality of Growth' strategy, marked by healthy growth in volumes, revenue and profitability. Notably on a year-to-date basis, EBITDA margins expanded to 12.8 percent as against 12.5 percent last year, supported by our efforts towards improving sales mix and prudent cost control measures. As we move ahead, the robust January’26 sales number gives us great momentum towards a healthy 2026.”

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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.”

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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.

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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.”

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