Tata Motors Passenger Vehicles has announced its financial results for Q2 FY2027, reporting consolidated revenue of INR 969.2 billion, representing a 34 percent YoY growth. Consolidated EBITDA reached 6.2 percent with an EBIT margin of 1.1 percent, while profit before tax, before exceptional items, stood at INR 4.03 billion.

During the quarter, the company incurred an exceptional expenditure of INR 67 billion for employee separation costs and asset impairments.

In Q2 FY2027, Tata Motors’ domestic passenger vehicles business recorded its highest quarterly revenue at INR 204.23 billion, up 51 percent YoY, driven by a 40 percent volume growth. Electric vehicle volumes grew 90 percent YoY, pushing alternative powertrains past 50 percent penetration, with electric vehicles accounting for 23 percent and compressed natural gas (CNG) models at 28 percent. The domestic unit registered an EBITDA margin of 4 percent and an EBIT margin of -0.3 percent, affected by commodity costs and foreign exchange pressures, while generating a positive free cash flow of INR 8.25 billion.

Tata Motors-owned British marquee luxury brand Jaguar Land Rover reported revenue of GBP 5.9 billion, a 20.3 percent increase YoY, supported by wholesale volume recovery following cyber incidents in the previous year.

Jaguar Land Rover posted an EBITDA margin of 6.6 percent and an adjusted EBIT margin of 1.1 percent, with a profit before tax and exceptional items of GBP 6 million. During the quarter, Jaguar Land Rover unveiled three luxury electric vehicles – the Range Rover Electric, Range Rover Sport Electric, and the Jaguar Type 01 – built in the United Kingdom, alongside restructuring provisions of GBP 530 million and a free cash outflow of GBP 540 million.

Dhiman Gupta, CFO, Tata Motors Passenger Vehicles, said, “In Q2 FY27 TMPV continued to build on its strong momentum in the domestic business, while JLR delivered resilient volumes despite global market specific challenges and wind-down of previous Jaguar models. However, adverse mix and persistent commodity pressures weighed on margins. Both businesses remain fundamentally strong, and we stay focused on executing our medium-term priorities: driving growth through new launches, accelerating cost reductions and improving cash generation.”

PB Balaji, CEO, Jaguar Land Rover, said, “JLR delivered positive operating profits in the second quarter and first half of the financial year, despite ongoing global challenges. We launched three new products: Range Rover Electric, Range Rover Sport Electric and the show stopping Jaguar Type 01 at a world premiere in New York. With the proposed arrival of Range Rover GT and a new electric Defender product in the new year, we are entering a phase of exciting product launches. This, together with our growth plans for the US and disciplined execution of the Enterprise Missions to reduce our breakeven volumes to 300k units, positions us well to deliver consistent, cash-accretive growth in the coming years. I would like to thank all our people, supply chain and retail partners for their continued support.”

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “Q2 FY27 was another quarter of strong execution for Tata Motors PV, with record quarterly sales of 200k+ units and industry-beating growth of 40% YoY reflecting robust customer demand across our portfolio. We maintained our leadership in electric mobility, recording industry-beating growth of 90 percent YoY in EV sales. Building on the momentum of our Q1 launches, we further strengthened our portfolio with new launchings including the all-new Tata Aeris. We also unveiled our new customer-facing identity, TATA.CARS, reflecting the evolution of our brand in step with the aspirations of today's Indian car buyer. We registered a Y-o-Y revenue growth of 51 percent and our highest ever quarterly revenues of INR 204 billion in Q2FY27. While steep commodity cost pressures remained a headwind, we responded through calibrated pricing and focused cost actions. Looking ahead, we remain focused on sustaining industry-beating growth, capitalizing on growing EV-penetration, ramping up production capacity and strengthening profitability.”

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European auto major Stellantis recognised 61 suppliers from around the world on 10 November at its sixth annual Global Supplier Conference and Awards held at the Masonic Temple in Detroit.

During the event, 21 companies were named 2026 Suppliers of the Year, while 40 companies received recognition across categories covering materials, quality, innovation, programme management, corporate social responsibility, carbon reduction and value creation.

The conference brought together more than 1,000 supplier representatives and members of the Stellantis leadership team. Executives outlined priorities around programme launch execution, technologies, supplier engagement in design and quality standards to support the FaSTLAne 2030 strategy, alongside a presentation on Jeep brand strategy and the company's ties to the Chrysler, Dodge, Jeep and Ram brands in Detroit.

A cross-functional Stellantis team selected the recipients based on quality, delivery, innovation, operational and financial metrics, corporate social responsibility and competitiveness.

Antonio Filosa, CEO, Stellantis, said, “Delivering on our strategy requires us to move faster, innovate smarter and execute with excellence. Our suppliers are essential partners in this journey, helping us bring great products to market, strengthen our competitiveness and create greater value for our customers. Congratulations to all this year’s award winners, and thank you to our global supplier community for your partnership and continued commitment.”

Monica Genovese, Chief Purchasing Officer, Stellantis, said, “Strong supplier partnerships are built on trust, performance and continuous improvement. This year’s honourees distinguished themselves through their ability to deliver quality, innovation and value in a dynamic environment. Their performance strengthens our competitiveness and helps us create better outcomes for our customers.”

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Nissan Motor India (NMIPL), a leading manufacturer of passenger vehicles in the country, is observing World Quality Month across its network of 315 sales and service touchpoints during November 2026.

The campaign operates under the theme 'Unmistakable Quality. Every Customer. Every Vehicle. Every Time.' and centres on the operational principle of 'Fix It Right the First Time' to standardise repair processes and aftersales support across dealerships.

The programme is structured around four weekly pillars covering environment, personnel, customer experience and repair quality.

Activities throughout the month include workshop standard audits, technical training programmes for service personnel, customer education workshops, vehicle health check-up camps and feedback collection mechanisms aimed at verifying service quality across the network.

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Cars24 has published its festive performance report covering the period from Navratri through Diwali, reporting 19,039 pre-owned vehicle sales, a 44 percent increase compared to the previous festive period.

The company disbursed over INR 3 billion in vehicle loans during the period, with financing penetration reaching 55 percent of total sales. First-time buyers represented 72 percent of customers, while rural buyers accounted for 40 percent of sales and women buyers formed 36 per cent of the customer base. Maruti Suzuki India, Hyundai Motor India and Tata Motors were the top-selling manufacturers on the platform, with Tata vehicle sales growing 85 percent YoY.

Hatchbacks accounted for over 50 percent of total sales, while SUVs recorded the highest category growth rate. Demand for petrol vehicles reached 65 percent against 58 percent of supply listings, while CNG and electric vehicles combined represented over 15 percent of bookings against 10 percent of supply listings.

The platform recorded 52 million unique users and processed over 700,000 ownership-related transactions, with peak volume reaching one transaction per second. Inspection and verification services saw 40,000 vehicle health report bookings, 660,000 pre-delivery inspection searches, 10,000 completed vehicle inspections and 30,000 vehicle history checks for external purchases.

Vikram Chopra, Founder, Cars24, said, "Festivals have always been a special time for families to bring home a car. But what we are seeing is that the relationship with a vehicle begins well before the purchase and continues long after it. People are researching more, checking vehicle histories, arranging inspections, taking finance and using digital services to manage everyday ownership. Buying and selling are important moments, but ownership is a much longer journey. Our focus at Cars24 is to make that entire experience simpler, more transparent and more convenient, like a trusted family member you can always turn to for guidance on every vehicle-related decision."

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Dubai-based M Monogram Atelier has completed the first G 3.0 Iconic, a bespoke project based on the Mercedes-Benz G-Class that combines redesigned bodywork with an extensively customised interior. The vehicle is the first example of a planned worldwide series of 50 units and is currently available for sale.

The project focuses on reworking the G-Class's exterior proportions and bringing together individual design elements across the bodywork and cabin. The exterior features widened and lengthened bodywork, pronounced wheel-arch extensions, sculpted side steps and enlarged door hinges. A fine contrasting line runs along the body, visually connecting the front and rear sections.

The design draws inspiration from the expressive character of 1930s motoring, while the oversized front grille takes separate cues from automotive styling of the 1960s. M Monogram Atelier has used contrasting gloss-black upper surfaces and satin-black lower panels to emphasise the revised body contours. The side steps also feature a contrasting edge running between the wheel arches, while decorative side gills carry the atelier's emblem.

The front bumper incorporates three-pointed light modules that also house the turn indicators. The front splitter, rear diffuser and roof spoiler follow a consistent design approach, while two strobe-light sections are positioned at the outer edges of the front roofline. Completing the exterior are six-spoke sculpted wheels featuring M Monogram centre caps.

Inside, the G 3.0 Iconic adopts a Cognac Heritage colour scheme, combining warm cognac-coloured Nappa leather with black accents. The treatment extends across the seating, interior trim and luggage compartment creating a consistent finish throughout the cabin.

The rear seating features sculpted surfaces, vertical contours and detailed stitching. Individual tray tables with integrated cup holders have been incorporated for rear passengers, while an analogue clock with a circular dial adds a traditional design element to the dashboard.

Further detailing includes a combination of perforated leather and weave-textured inserts along with leather door pulls. The leather headliner features a pattern of stylised stars, accompanied by the Iconic inscription.

The same cognac finish continues into the luggage compartment through matching side panels and a luggage cover. On the rear door, a weave-textured insert surrounds a central panel bearing the M Monogram emblem. The project name and individual vehicle number are also incorporated into the interior.

M Monogram Atelier is offering three decorative treatments for the project: Black, Silver and Gold. These provide different combinations of finishes for elements such as the grille, wheels and exterior accents. Customers can also select individual colours, finishes and decorative details with the final specification agreed for each vehicle.

With the first example completed, the G 3.0 Iconic marks the beginning of the atelier's proposed 50-vehicle series. Its approach centres on combining exterior modifications with coordinated interior craftsmanship rather than limiting the customisation to individual cosmetic additions.

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