In a bid to make their products more accessible while contributing to the enthusiasm of this year’s festive season, Tata Motors in collaboration with HDFC Bank has rolled out finance offers for its passenger vehicle customers. Accordingly, the company has introduced two new schemes in association with the Bank - the ‘Gradual Step Up Scheme’ and the ‘TML Flexi Drive’ scheme. Available till the end of November 2020, these offers can be redeemed on the entire New Forever BS VI range of cars and SUVs along with the company’s EV range.

 Under Gradual Step Up Scheme, customers can now avail EMI options as low as INR 799/- per lakh per month, depending on the product and variant at an attractive interest rate. As per the scheme, the EMI payments gradually increase over a period of two years depending on the payment convenience of the buyer. This scheme will help customers fast track their buying process, in turn making personal mobility available to all at pocket friendly rates.

According to the Flexi Drive scheme, the option to the consumer is to choose any three months every year, where he/she can pay minimum EMI (INR 789/- per lakh per month, depending on the product and variant) as per his/her convenience. The above scheme will help the customer map their EMI payment properly so that they can tide over the high outflow months easily, giving the customer the flexibility and power to choose.

 Vivek Srivatsa, Head - Marketing, Passenger Vehicle Business Unit, Tata Motors said, “We are humbled to be partnering with HDFC Bank to roll out exciting offers for our customers. This is in alignment with our constant endeavour to make safe personal mobility solutions more affordable and accessible to individuals and families, while contributing to the joy of this year’s festive season. We hope, that these offers will boost customer morale and make the process of purchasing a car more convenient, thereby allowing them to truly celebrate the festivities with their friends and families.”

Arvind Kapil – Country Head, Retail Lending, HDFC Bank said, "At HDFC Bank, the objective is to offer the very best in class products and services to our customers. We are extremely excited to be partnering with Tata Motors, this festive season, which is just around the corner and stay committed to bringing in attractive and never before finance offers via our Festive treats platform. We believe this partnership offers affordable and viable financing solutions, in that, creating a valuable proposition for our customers, thereby facilitating the ownership of their dream car”

 Adding to the above, the Company is also providing up to 100% ex-showroom financing on the entire PV product range under both schemes. Furthermore, to avail these offers, customers can reach out to their nearest Tata Motors dealer or through an HDFC Bank branch and register their interest in buying a Tata car. (MT)

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Kia India, a leading passenger vehicle manufacturer, has added new trim and six-seater configurations for the Carens Clavis across multiple existing variants.

The Carens Clavis lineup now grows to eight trims with the addition of the new HTX(O) trim, priced at INR 1.92 million (ex-showroom). Positioned just above the HTX variant, the HTX(O) trim is exclusively available with the Smartstream G1.5 Turbo-GDi petrol engine and 7-speed Dual Clutch Transmission (7DCT).

The trim gets new premium features, such as – BOSE Premium Sound System with 8 Speakers. Drive Mode Select (Eco/Normal/Sport) (7DCT), Smart Key Remote Engine Start (7DCT), Electric Parking Brake with Auto Hold (7DCT).

Furthermore, Kia has also introduced a six-seater configuration in the following trims:

• HTK+ (G1.5T 7DCT & D1.5 6AT)
• HTK+(O) (G1.5T 7DCT)
• HTX(O) (G1.5T 7DCT)

Atul Sood, Senior VP and National Head, Sales and Marketing, Kia India, said, “Reinforcing our commitment to elevating the overall brand experience, we are happy to strengthen the Carens Clavis lineup and make every variant a compelling choice. Our customers inspire every innovation we make. And hence, with the lineup expansion we have not just introduced a new HTX(O) trim but also addressed their desire on adding the 6-seater variant options. With these additions, we wish more consumers enjoy the power of choice without compromising on their needs.”

The entire Carens Clavis lineup continues to offer high levels of safety and convenience, featuring Level 2 ADAS with 20 autonomous features, Six Airbags, Electronic Stability Control, and Kia Connect as part of its core offering.

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Jeep India has introduced the Compass Track Edition, a limited-run special edition SUV based on the well-appointed Compass Model S trim. This new variant aims to offer customers an elevated and distinctive expression of style while maintaining the brand's core focus on capability and adventure. The prices of the Compass Track Edition start at INR 2.67 million for MT, INR 2.86 million for Track AT and INR 3.05 million for Track AT 4x4 variant.

Externally, the model features a signature hood decal, Piano Black detailing on the grille and badges and the exclusive Track Edition insignia. The look is completed by striking 18-inch diamond-cut Tech Grey alloy wheels and contrasting Spruce Beige highlights, giving the SUV a differentiated road presence.

The interior boasts luxurious upgrades, including all-new Tupelo Leatherette Seats with Spruce Beige contrast stitching, Dark Espresso Smoke Chrome finishes and a Cortina leather-wrapped steering wheel.

The Compass Track Edition is powered by the proven 2.0L MultiJet II Turbo Diesel engine, which delivers 170 HP and 350 Nm of torque. Buyers can choose between a 6-speed Manual Transmission or a 9-speed Automatic Transmission, with options for both 2WD and 4WD drivetrains.

The special edition also includes an extensive safety suite with over 50 standard and available safety features, such as four-channel ABS with EBD, Electronic Stability Control and all-speed traction control.

Kumar Priyesh, Business Head and Director – Automotive Brands, Stellantis India, said, “With the Compass Track Edition, we’re offering our customers an even more elevated SUV experience that reflects their individuality. Every detail has been carefully designed to create a sense of exclusivity, while staying rooted in Jeep’s DNA of capability, performance and adventure.”

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Toyota Kirloskar Motor (TKM), one of the leading passenger vehicle manufacturers, has unveiled the 2025 Fortuner Leader Edition SUV.

The company said that the Fortuner now comes with ‘refreshed styling and premium enhancements’ to deliver a sportier and more dynamic aesthetic. The launch builds on the success of the 2024 Leader Edition.

The Fortuner gets a new grille design with front and rear bumper spoilers, chrome garnish and a distinctive hood emblem. It comes with glossy black alloy wheels and dual-tone roof in black.

On the inside, the cabin features black and maroon dual-tone seats and door trims, along with convenience additions such as auto-folding mirrors and illuminated scuff plates. Safety is bolstered by the inclusion of a Tyre Pressure Monitoring System (TPMS).

The SUV is driven by Toyota’s 1GD-FTV 2.8-litre turbocharged engine, which produces 201bhp and 500 Nm of torque. It is available in 4x2 Automatic and Manual Transmission variants. The colour options include Attitude Black, Super White, Pearl White and Silver.

Varinder Wadhwa, Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “At Toyota, our customers’ evolving lifestyle preferences inspire us to continually refresh and enhance our offerings. We are grateful for the strong acceptance and overwhelming response to the 2024 Fortuner Leader Edition, which has further strengthened the SUV’s legacy as an icon on Indian roads. Encouraged by this trust, we are delighted to introduce the 2025 Fortuner Leader Edition, an offering for those seeking a sportier, more dynamic SUV. We are confident that this refreshed edition will further delight our customers and reinforce Fortuner’s position as the benchmark in the premium SUV segment.”

Toyota Kirloskar Motor is offering comprehensive finance solutions for the new edition, including up to 8-year funding plans and extended warranty options.

Since its Indian debut 15 years ago, the Fortuner has sold over 300,000 units, establishing itself as a benchmark in the premium SUV segment.

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Stellantis N.V. is reorganising its top executive structure with several key appointments and role adjustments, effective immediately, as it prepares to unveil an updated corporate strategy in 2026. The changes aim to sharpen the company's regional focus and promote both internal and external talent.

Key Appointments and Regional Shifts

• Emanuele Cappellano is now the Head of Enlarged Europe and European Brands, in addition to his current role leading Stellantis Pro One (the commercial vehicles business unit).
• Jean-Philippe Imparato will shift his focus to full-time CEO roles at Maserati and Stellantis & You, reporting to Cappellano.
• Herlander Zola has been appointed Head of the South America region, succeeding Cappellano.
• Samir Cherfan joins the Stellantis Leadership Team (SLT) while maintaining his position as Head of Middle East & Africa and Micromobility.
• Grégoire Olivier is now the Head of the China and Asia-Pacific region and an SLT member. The company noted that this and Cherfan's appointment sharpen the regional focus for the Middle East & Africa and Asia-Pacific organisations.
• Francesco Ciancia will rejoin Stellantis from Mercedes-Benz on 1^st November as Global Head of Manufacturing.
• Ralph Gilles joins the SLT as Global Head of Design.

Antonio Filosa, CEO, Stellantis, said, "With these new appointments we are promoting exceptional talent from inside and out to leadership roles as we prepare our business for future success. We are also sharpening our regional focus by allocating specific responsibility for our Asia-Pacific and Middle East & Africa organisations at the SLT level.”

On the other hand, the company also announced some executive departures:

• Arnaud Deboeuf will leave the company to pursue other opportunities.
• Philippe de Rovira, formerly Head of the joint Asia-Pacific, Middle East and Africa region, is leaving to pursue new career endeavours, a move made public in July.

“We are delighted we will continue to benefit from Jean-Philippe’s expertise in his new role. Our thanks go to Arnaud and Philippe for their contributions over the years and we wish them the best in their future endeavours,” added Filosa.

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