Skoda Auto Volkswagen India (SAVWIPL),  is celebrating a series of significant achievements at its vehicle and engine manufacturing facility in Chakan, India.

The automaker states it has surpassed a remarkable milestone, having produced over 1.5 million vehicles at its Chakan Plant since it rolled out the first car – the Skoda Fabia in 2009 from the facility. The achievement includes iconic models from Volkswagen Group such as the Volkwagen Vento and Polo, Skoda Fabia and Rapid along with new-age models based on the famed MQB-A0-IN platform – Volkswagen Taigun and Virtus, Skoda Kushaq and Slavia.

Over the past years, the Engine Shop at the Chakan facility has produced more than 300,000 units for the Volkswagen Group. The company says this achievement is further strengthened by SAVWIPL's dedication to domestic sourcing, with the 1.0L TSI engines highly relying on components manufactured within India.  

Adding to the list of accomplishments, Skoda Auto Volkswagen India also celebrated the 300,000 unit production milestone for the popular India 2.0 car range, which includes Volkswagen Taigun and Virtus, Skoda Kushaq and Slavia.  

Looking beyond domestic production, SAVWIPL actively contributes to India's global presence as a manufacturing hub. The company proudly exports over 30 percent of its car production, showcasing Indian capabilities and quality standards on the international stage. The Group has exports to over 40 countries and is among the top four exporter of India-made cars.

Andreas Dick, Skoda Auto Board Member for Production and Logistics, said, “In today's ever-evolving global arena, India emerges as a vital contributor to Skoda Auto's production prowess. The milestones achieved by Skoda Auto Volkswagen India resonate far beyond national borders, reflecting our commitment to excellence and innovation on a global scale. Our decade-long investment in the Engine Shop and the remarkable output of 1.5 million vehicles at the Chakan Plant, showcases India's pivotal role in our global strategy. These achievements not only signify our capabilities but also highlight the immense potential of the Indian market in driving our growth trajectory forward.”

Dr Johannes Neft, Skoda Auto Board Member for Technical Development added, “Achieving the 1.5 million production milestone is a testament to the exceptional engineering capabilities of our Indian manufacturing facility. Our top-class R&D centre in India plays a crucial role in driving innovation and excellence. The global team greatly values the insights and expertise, and these contributions are integral to developing new, cutting-edge products for India and the world. This highlights the strength and ingenuity of our Indian operations, positioning us at the forefront of automotive innovation worldwide.”

Piyush Arora, MD & CEO, Skoda Auto Volkswagen India said, “I am immensely proud of these achievements within our local landscape. The significant output of 1.5 million vehicles at our Chakan Plant, coupled with the production milestone of four successful MQB models and the 10-year journey of our Engine Shop stand testament to our dedication to India's automotive industry and SAVWIPL’s significant contribution to the nation’s talent and workforce. As we outline our expansion plan in India, we remain steadfast in our mission to ‘Innovating Locally, Impacting Globally’. We aim to elevate India's position as a global hub for automotive manufacturing, aligning with the national mission of ‘Atmanirbhar Bharat’, driving growth and prosperity within our communities”.

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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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