In the wake of good demand for its Kodiaq full-size and flagship SUV in India, Skoda Auto has decided to increase its dispatch to 720 units per quarter through the CKD (parts and components vehicle) route. Considered as an alternative to the Toyota Fortuner SUV and a plusher one that, the Kodiaq 4x4 SUV is available at a starting price of INR 3.79 million ex-showroom.
Compared to the Fortuner, whose 4x4 AT models are priced close to INR 4.5 million ex-showroom approximately, the Kodiaq, with the capacity to seat seven people comes only in the petrol guise. The diesel engine option was dropped in 2020 when the country transitioned to BS VI emission norms.
Treated to a face-lift this year, the full-size SUV is powered by a 190 PS, 2.-litre TSI turbo-petrol engine of the Volkswagen lineage. Claimed to be 4.2 percent more efficient than earlier, the vehicle now features door-edge protectors that automatically reveal themselves when the doors open, protecting the door edge from dings and scratches. The rear spoiler gets additional finlets to aid airflow and improve aerodynamics. The rear passengers get a lounge step to rest their foot, and outer headrests in the second row, furthering the luxury and comfort quotient.
Petr Šolc, Brand Director, Škoda Auto India, said, “The Kodiaq was our first ever foray into the full-size SUV fold, and it has been a resounding success internationally and in India. Though premium, it is a high value luxury 4x4 that has seen much demand from Indian consumers because of the complete off-road luxury package it offers for the family. The increased allocation will ensure that the Kodiaq can now be enjoyed by more SUV customers who demand the best there is in terms of safety, luxury and value with off-road ability.”
Based on the Volkswagen Group MQB platform which is also shared by the Volkswagen Tiguan Allspace and SEAT Tarraco, the Kodiaq is a monocoque construction. On the dynamics front, it features dynamic chassis control (which enables the suspension to be raised or lowered by 15 mm and enhance all-terrain abilities with an off-road button) and driving modes – Eco, Comfort, Normal, Sport, Individual and Snow – which influence dynamics and performance.
The top variant, Laurin & Klement offers enhanced rear seat luxury with stone beige leather dual tone upholstery and 18-inch stylish alloys. The SportLine variant is driver-oriented with all black suedia interiors, a 3-spoke flat-bottom sport steering wheel, more side bolstering in the seats, integrated headrests and expanded shoulder support sport seats for enthusiastic cornering.
The 12-way adjustable electric seats in the front are available with in-built cooling and heating in the L&K variant. Other than the stylish three or two-spoke steering wheel, ambient lighting, Canton 625-Watt 12-speaker audio system with a subwoofer, windows that can be remotely shut or opened, and a panoramic sunroof, the Kodiaq SUV is equipped with an 8-inch infotainment touchscreen in-built navigation and full connectivity via the MyŠKODA ConnectED App.
Flaunting a full-digital instrument panel, the vehicle comes with a five-star score for Euro NCAP. It is fitted with 9 airbags as standard. Offering adaptive front LED headlights; automatic dimming and defogging across all transparent surfaces; electronic, mechanical and hydraulic brake assist; stability control, and multi-collision braking and park assist with handsfree parking, the full-size SUV presents good storage space in the form of double dashboard storage, under steering storage and a jumbo box. The top variant gets Tyre Pressure Monitoring System (TPMS) and a 360-degree camera as standard.
Hyundai Motor India Reports INR 123 Billion Profit In Q3 FY2026
- By MT Bureau
- February 02, 2026
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.”
|
Particulars |
Q3 FY26 |
Q2 FY26 |
Q3 FY25 |
9M FY26 |
9M FY25 |
|
Revenue |
179,735 |
174,608 |
166,480 |
518,472 |
512,526 |
|
EBITDA |
20,183 |
24,289 |
18,755 |
66,325 |
64,211 |
|
EBITDA % |
11.2% |
13.9% |
11.3% |
12.8% |
12.5% |
|
PAT |
12,344 |
15,723 |
11,607 |
41,759 |
40,259 |
Jeep Reaffirms India Commitment With Strategic Plan Jeep 2.0
- By MT Bureau
- February 02, 2026
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
- By MT Bureau
- January 28, 2026
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
- By MT Bureau
- January 28, 2026
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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