With temporary subscription options offered by leading brands in India, owning and driving a car may get significantly easier.

The subscription model completely eliminates the high upfront purchase cost of a car. It calls for low or no down payment at all. It reduces the dependence on loans, thus saving interest, and opens up the possibility of a whole lot others buying one. The temporary ownership programmes, typically offered by commercial rentals such as Zoomcar and Revv are now offered in various lucrative forms by OEMs.

Maruti Suzuki, for example, offers a subscription option on all 10 models it sells – including the Swift, the Vitara Brezza and the XL6. The company also offers CNG variants of the WagonR and the Ertiga under the subscription model. Potential subscribers can pick a car best suited for their requirements (depending on the seating capacity, comfort and performance). The company also offers AT (automatic transmission) and MT (manual transmission) variants of most of its models, which the subscribers can always warm up to. They can, depending on their aspirational needs and usage, select a car or upgrade to one at the end of the current tenure.

Under ‘Maruti Suzuki Subscribe’, a customer can choose a tenure of between 12 months (minimum tenure period) and 48 months. During this period, he or she will have to pay an all-inclusive fixed monthly fee that covers the complete maintenance of the vehicle.  Service and repairs (including the parts and consumables) are also covered. The monthly fee will also include zero depreciation insurance, 24x7 roadside assistance and registration fees. At the end of the selected tenure, subscribers can upgrade to a new vehicle or extend the tenure up to four years. They can also buy the subscribed car permanently based on its market assessment.

Maruti also offers a choice between a white plate registration and a black plate. White plate cars are registered in the name of the subscriber. The black plate cars carry the name of the corporate subscription partner. Both options offer a starting tenure of 12 months (with an option to extend to 48 months).

For either plate car, customers can choose the colour of their choice. They can choose an annual kilometre package (10,000 km, 15,000 km, 20,000 km or 25,000 km) allowed by the company. Subscribers clocking additional kilometres are charged between INR 3 and INR 5 (taxes extra) for each kilometre covered in the case of black plate cars. In the case of white plate cars, it is INR 5 plus taxes. While Maruti models are available for subscriptions starting at INR 12,868 per month for the WagonR LXi 1.0L MT and INR 33,676 per month for the S-Cross Alpha AT, there are other manufacturers who are known to offer similar packages for their brand of cars. Among these are Toyota, Hyundai and Mahindra & Mahindra.

Regardless of the brand, what the subscription model achieves is to provide a better opportunity to get hold of a car – to use one. Making it financially easy for one to possess a car, the subscription model does away with the worries of securing a loan and about the depreciation the car will incur over a period of time. Involving no down payment in most cases, the subscription model helps the user to save on interest. Apart from fuel costs, expenses like insurance, maintenance and road taxes are conveniently included in the monthly fee. With dedicated OEM verticals for subscription models, a subscriber can easily seek assistance, modify or change the plans too. (MT)     

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Tata Motors Passenger Vehicles, has reported its best-ever annual performance in FY2026 with wholesales of 641,587 units, up 15 percent YoY. This includes 631,387 units in the domestic market, up 14 percent, while exports came at 10,200 units, up 281 percent YoY.

For March 2026, the company’s sales came at 66,192 units, up 28 percent, while exports came at 779 units, up 204 percent YoY.

Interestingly, electric vehicles recorded its highest-ever quarterly sales of approximately 27,000 units, a 69 percent increase YoY. Annual EV volumes reached 92,120 units. On the other hand, sales of CNG vehicles crossed 170,000 units, up 24 percent YoY.

The Nexon and Punch models were the top-selling SUV models in the second half of the financial year. Recent launches, including the Sierra, a refreshed Punch and petrol variants of the Harrier and Safari, also saw continued customer traction.

The company expects the passenger vehicle industry to reach record annual volumes of approximately 4.7 million units, reflecting an 8 percent growth. Tata Motors emerged as the second-ranked player in the industry based on Vahan registrations during the second half of FY2026.

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “PV industry sales are expected to reach record volumes of around 4.7 million units for the year, reflecting 8 percent year on year (YoY) growth. The industry witnessed a strong rebound in the second half, posting double digit growth, supported by GST 2.0 implementation and a robust festive season. For Tata Motors Passenger Vehicles, FY26 has been a landmark year marked by multiple milestones. We achieved our highest ever annual sales volumes of over 640,000 units, delivering industry beating growth of 15 percent YoY and ended it with strong positive momentum. Looking ahead, industry momentum is expected to sustain, led by growth in SUVs, CNG and EV. At the same time, the industry will need to closely monitor geopolitical developments to mitigate potential supply-side risks.”

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Honda Cars India (HCIL), a leading manufacturer of passenger vehicles, has recorded domestic sales of 7,585 units in March 2026, up 5 percent YoY, as compared to the 7,228 units sold last year. The company also reported exports of 2,451 units for the month.

The sales growth was supported by demand for the Amaze and Elevate models. Honda Cars India intends to expand its vehicle lineup in the upcoming financial year, with the launch of its first battery electric vehicle (BEV) scheduled for the second half of the year.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “Demand for all Honda models specially Amaze and Elevate continues to be strong with exciting promotions and product offerings which helped us achieve 5 percent growth during Mar 2026. We are excited to enter the new fiscal with plans to expand our lineup, including the launch of our first BEV in the second half. We remain highly optimistic that our strong focus on customer satisfaction will continue to drive growth and sustain positive momentum.”

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Nissan Motor India (NMIPL), one of the leading passenger vehicle manufacturers, has recorded its best-ever monthly sale in March 2026, its highest in the last five years.

The company sold a total of 10,388 units in March 2026, which includes 4,408 units in the domestic market, while exports came at 5,980 units. This marks a 98 percent growth in domestic wholesales compared to February 2026.

The company attributed the smart uptick on the back of beginning of customer deliveries for the Nissan Gravite MPV, while the Nissan Magnite maintained its sales momentum. The expansion of its network presence also supported increasing customer traction.

The start of Gravite deliveries is identified as a milestone in the company’s growth phase in India. Nissan intends to sustain this trajectory by strengthening sales and service experiences and further expanding its network footprint across the country.

Saurabh Vatsa, Managing Director, Nissan Motor India, said, “March has been a defining month for Nissan in India, the strong growth in domestic sales reflects the positive customer response to our product portfolio. With the commencement of customer deliveries of the all-new Nissan GRAVITE, we would like to thank our customers for their love and appreciation for the Nissan Brand. The over-whelming response to the product reinforces our confidence in the opportunities ahead. Together with the continued momentum of the Nissan Magnite, the dedication of our Network Partners and support of Nissan Finance & other Banking partners, we remain focused on strengthening our Sales & Service experience, while further expanding our network footprint for sustaining long-term growth in the Indian market.”

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  - Bidyut Ghosh April 02, 2026 11:35 AM

  This is excellent move from Nissan India

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Toyota Kirloskar Motor (TKM) reports 20 percent uptick in its wholesales for FY2026 with 406,081 units sold, as compared to 337,148 units last year.

The company recorded growth across both domestic and export markets during the financial year. Domestic sales rose by 19 percent to 367,107 units, while exports grew by 41 percent to 38,974 units.

In March 2026, Toyota Kirloskar Motor reported a 24 percent increase in total sales, with 37,194 units sold compared to 30,043 units a year ago.

The company attributes a robust demand for its product portfolio, which was supported by the introduction of the Land Cruiser 300, as well as new grades and special editions for the Innova Hycross, Fortuner, Camry Hybrid and Hilux. Technical updates included a new six-speed automatic transmission for the Urban Cruiser Hyryder AWD variant.

The company also standardised six airbags across the Rumion, Glanza, Urban Cruiser Taisor, and Urban Cruiser Hyryder models. The Innova Hycross achieved a five-star Bharat NCAP rating during this period.

Toyota Kirloskar Motor expanded its market reach through customer-centric initiatives and brand engagement activities, including the Toyota Experiential Museum (TEM) and a tour by brand ambassadors Drum Tao. These efforts were intended to increase reach among younger audiences and reinforce the brand's mobility positioning.

Sabari Manohar, Executive Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “We delivered a positive performance this financial year, driven by sustained demand across our SUV, MPV and compact segments. The introduction of new products and customer centric initiatives during the year further helped position Toyota as a dynamic, technology driven and youth‑oriented brand. This momentum reflects the continued trust in Toyota’s quality, reliability and overall ownership experience. In a rapidly evolving market, such consistency underscores the strength of our fundamentals and positions us well for long‑term sustainable growth. We sincerely thank our customers, dealer partner, Government and other stakeholders for their trust & unwavering support. We remain focused on strengthening our product and technology offerings in line with our multi‑pathway approach of hybrid & electrified vehicle technologies in the mobility space. Looking ahead, we remain committed to creating long‑term value while continuously improving every touchpoint across the customer ownership journey.”

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