ŠKODA AUTO delivered a total of 1,004,800 vehicles in 2020 globally, surpassing the one-million-delivery mark for the seventh year in a row. 

Despite the ongoing challenging conditions, the Czech car manufacturer delivered 578,100 vehicles worldwide from July to December (first half of 2020: 426,700 vehicles). Also, ŠKODA AUTO confirmed its successful course in numerous markets over the past 12 months: 24,200 vehicles were sold in Turkey (+56.3%) and 5,500 vehicles in Egypt (+52.8%). In Europe, the car manufacturer also increased its market share to 5.4 %. In Russia, a new record was set with 94,600 vehicles delivered (+6.8%).

In the UK, ŠKODA increased its market share to a record 3.6% (3.2% in 2019). In an overall new car market that fell by -29.4%, ŠKODA UK registered 58,693 cars in 2020 (75,053 in 2019).

ŠKODA AUTO CEO Thomas Schäfer explains: “Delivering over one million vehicles worldwide is a great success for ŠKODA AUTO, especially against the backdrop of the COVID-19 pandemic and the resulting five-week production shutdown during the first wave in spring. I want to thank the sales team, importers and dealers for this joint effort. An equally big thank you to our colleagues from production, quality management and all other ŠKODA colleagues. The entire team has shown stamina, resilience and real passion in these challenging times. We can now look ahead with confidence: ŠKODA has many new products in the pipeline, and I have high expectations for them. Nevertheless, we remain vigilant, and we are keeping a close eye on further developments in the markets.”

ŠKODA AUTO Board Member for Sales and Marketing Alain Favey adds, “I am cautiously optimistic for the coming months, even though, due to the current pandemic, it is not possible to make a reliable statement on the further market development at this point.”

In Western Europe, the carmaker recorded 434,500 deliveries in 2020 (January to December 2019: 520,500 vehicles; -16.5%), with December deliveries at 41,700 vehicles (December 2019: 42,200 vehicles; -1.2%). In Germany, the brand’s second-largest single market, deliveries totalled 161,800 vehicles last year (January to December 2019: 191,200 vehicles; -15.4%). In December, ŠKODA recorded an increase of 10.8% to 16,600 vehicles in this sales region (December 2019: 15,000 vehicles).

In Central Europe, ŠKODA AUTO delivered 181,900 vehicles from January to December 2020 (January to December 2019: 215,800; -15.7%). In December 2020, ŠKODA AUTO recorded 14,600 vehicle deliveries (December 2019: 17,700 vehicles; -17.2%). ŠKODA AUTO increased its market share in the region by 1.74 points to 19.65 %. In the Czech Republic's domestic market, deliveries decreased by 11.6% to 83,200 between January and December 2020 (January to December 2019: 94,200 vehicles), with market shares increasing by 3.34 percentage points to 41.0%. In December, the carmaker recorded 7,100 vehicle deliveries (December 2019: 7,000 vehicles; +1.1%).

In Eastern Europe excluding Russia, ŠKODA AUTO delivered 39,800 vehicles to customers from January to December 2020 (January to December 2019: 50,200 vehicles; -20.8%). In December, deliveries totalled 4,300 vehicles (December 2019: 4,300 vehicles; -1.8%).

In Russia, the car manufacturer grew by 6.8% in 2020, with deliveries reaching a new record of 94,600 vehicles (January to December 2019: 88,600 vehicles). In December, ŠKODA AUTO recorded 9,700 vehicle deliveries in the region (December 2019: 9,200 vehicles; +5.8%).

In its largest single market worldwide, China, the carmaker delivered 173,000 vehicles to customers between January and December 2020 (January to December 2019: 282,000 vehicles; -38.7%).

In India, ŠKODA AUTO delivered 10,900 vehicles between January and December 2020 (January to December 2019: 15,100 vehicles; -27.9%). In December 2020, deliveries amounted to 1,400 vehicles (December 2019: 1,800 vehicles; -23.0%).

ŠKODA AUTO was able to make significant gains in Turkey. From January to December 2020, the manufacturer increased its vehicle deliveries by 56.3% to 24,200 units (January to December 2019: 15,500 vehicles). In December 2020, the company delivered 2,800 vehicles in the region, an increase of 10.7% (December 2019: 2,500 vehicles). (MT)

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Tata Motors Passenger Vehicles has announced it will present the Indian Women’s Cricket Team with the first lot of the soon-to-be-launched Tata Sierra SUV following their victory at the ICC Women's World Cup. The Tata Sierra is slated to be launched on 25^th November.

The company will gift the top-end model of the Sierra to each team member as part of its salute to the team’s journey and contribution to the country.

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “The Indian Women’s Cricket Team has made the entire nation proud with their extraordinary performance and remarkable win. Their journey stands as a true testament to determination and the power of belief, qualities that inspire every Indian. At Tata Motors Passenger Vehicles, we are privileged to present these legends with another legend, The Tata Sierra. This is our salute to their spirit and the pride they have brought to the nation – Two legends, One spirit, Infinite inspiration.”

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Maruti Suzuki India, the country’s leading passenger vehicle manufacturer, has attained a new milestone by crossing the 30-million-unit sales milestone in the domestic market.

The new benchmark was attained by the company over a course of 42 years, with the first 10 million unit sales taking 28 years and 2 months to achieve.

The 20 million unit sales took 7 years and 5 months, while the recent milestone took just 6 years and 4 months.

Interestingly, the entry-level hatchback Alto was the most preferred model in the country, with over 4.7 million units sold, followed by Wagon R with 3.4 million units and the sporty Swift with 3.2 million units.

The Brezza and Fronx SUVs also played an instrumental role in contributing to the sales milestone, being featured among the top 10 models sold in the country.

It was on 14^th December 1983, Maruti Suzuki India delivered its first model, the iconic Maruti 800, to its first customer.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “When I look at the length and breadth of India and think that 3 crore customers have placed their trust in Maruti Suzuki to realise their dream of mobility, it fills me with humility and gratitude. Yet, with car penetration at approximately 33 vehicles per 1,000 people, we know our journey is far from over. We will continue to make every possible effort to bring the joy of mobility to as many people as we can, while also be an asset to both the economy and the environment at the same time.”

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American electric vehicle maker Tesla has appointed Sharad Agarwal, former Chief Business Officer of Classic Legends, as its new business head, according to a report by Bloomberg.

The report further stated that Agarwal joined the EV maker a week ago and is tasked to drive sales for Tesla in India, which as per industry observers, has not performed as per the company’s expectations.

Agarwal, an automotive industry veteran, had begun his career with TVS Motor Co as Area Sales Manager in December 2002, before joining Mahindra First Choice Wheels as its Business Head for North and Eastern region in March 2007.

It was in January 2013, he moved to Audi India as the head of Sales, before taking over as the head of Lamborghini India in April 2016, where he spent almost 9 years, before joining Classic Legends.

During his tenure at Lamborghini, the Italian super luxury car maker saw its dealerships across India achieved a Return on Sales (RoS) of more than 10 percent, setting a new benchmark for the automotive business in the country. He also grew India’s ranking for the automaker as the third market globally in terms of PR visibility in 2021.

He also expanded Lamborghini India’s reach to over 60 cities, with sales volumes from Tier 2 and Tier 3 cities contributing more than 25 percent of the total.

Tesla, which formally started deliveries in September 2025 with its first dealership in Mumbai and the second facility in Delhi, has till date delivered 114 vehicles, of the estimated 600-plus bookings.

File photo for representational purposes only.

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Mumbai-headquartered business conglomerate Mahindra & Mahindra has announced its financial results for Q2 FY2026 with consolidated Revenue reaching INR 461 billion, marking a 22 percent YoY growth.

The consolidated Profit After Tax (PAT) stood at INR 36 billion, a 16 percent increase YoY. The company stated that, excluding specific one-time impacts, PAT growth was 28 percent YoY.

Mahindra’s Auto business reported sales of 262,000 vehicles, up 13 percent, which includes around 146,000 SUV sales. This translated to a revenue of INR 271 billion, up 25 percent YoY, while net profit came at INR 15 billion, up 8 percent YoY.

On the other hand, the farm sector reported its highest ever Q2 market share at 43 percent with sales of 123,000 units, up 32 percent YoY. The revenue came at INR 102 billion, up 25 percent, while consolidated net profit came at INR 11 billion, up 45 percent YoY.

Dr. Anish Shah, Group CEO & Managing Director, Mahindra & Mahindra, said, “We are pleased with the strong execution and solid performance delivered across the group in Q2 FY2026. Auto and Farm sustained their leadership with consistent gains in market share and profitability. TechM is progressing well on its transformation journey. MMFSL achieved a 45 percent PAT growth and remains committed to quality growth and digital transformation. Our Growth Gems are steadily advancing towards their ambitious goals, reinforcing our long-term value creation potential.”

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), Mahindra & Mahindra, said, “Strong performance of our Auto and Farm businesses continues in Q2 FY2026 reinforcing our leadership position, with a gain of 390 bps YoY in SUV revenue share, and 100 bps YoY in LCV (< 3.5T) market share. In Tractors, we gained 50 bps YoY to reach 43 percent market share. Our Auto Standalone PBIT margin (excl. e-SUV Contract Mfg.) improved by 80 bps to 10.3 percent and core Tractor PBIT margins improved by 190 bps to 20.6 percent.”

Amarjyoti Barua, Group Chief Financial Officer, Mahindra & Mahindra, “Our solid Q2 consolidated results reflects the strength of our diversified portfolio. We continue to deliver on our strategic priorities. We had strong cash generation in the first half, delivering over INR 100 billion of operating cash flow. We remain committed to sustainable growth and value creation.”

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