Tata Motors Targets Over 10% Growth In FY2027, EV’s To See Disinflationary Future
- By Nilesh Wadhwa
- May 14, 2026
File photo: Shailesh Chandra at the launch of the Tata Punch.ev
Mumbai-headquartered automotive major Tata Motors is upbeat on FY2027. The company reported revenue of INR 3,355 billion, down 9 percent YoY in FY2026, as compared to INR 3,660 billion a year ago. The profit before tax saw a decline of 13 percent at INR 2,333 billion, as against INR 3,142 billion last year.
The impact was primarily on the back of several headwinds at Jaguar Land Rover, including cyber incidents, tariffs, China's luxury tax, VME pressures and adverse commodities. The Consolidated Net Debt stood at INR 307 billion, on account of adverse free cash flows primarily owing to production stoppages at JLR.
However, Tata Motors management is quite optimistic about transitioning into the new fiscal year. Shailesh Chandra, Managing Director & CEO, Tata Motors Passenger Vehicles, outlined a ‘stay the course’ philosophy backed by aggressive technological pivots. Despite macroeconomic volatility, the company is doubling down on its multi-powertrain strategy to insulate itself from global commodity shocks.
While FY2026 was a year of ‘outperformance’ (15 percent growth), Chandra has set a realistic yet ambitious floor for the mid-term.
"We are confident growth can be over 10 percent for FY2027. There is no question about changing the long-term plan. Unless there is a significant geopolitical impact on petrol and diesel prices that may have a 1-2 percent plus or minus effect on new car sales, we remain on track," Chandra stated.
Perhaps the most significant outlook provided was the expected reversal of the traditional cost structure. Chandra views the rising cost of Internal Combustion Engines (ICE) as an inevitability that will eventually make EVs the more profitable segment.
Interestingly, for Tata Motors’ alternative energy fuel mix (electric and CNG) now already accounts for 43 percent of passenger vehicle sales.
"ICE is going to be inflationary in the future," Chandra predicted. "Cost on the EV side has been disinflationary. If not equal, it will be better than ICE. We are not that concerned on profitability being impacted badly; there can be some pressure in the short-term, but it maybe for completely different reasons," he responded on the demand in the upcoming few months.
The automaker is also ramping up production to meet demand and expects to build on the strong momentum of H2 FY2026, and continue to deliver profitable and industry-beating growth in FY2027, supported by a robust demand pipeline, planned pipeline of new products and established multi-powertrain strategy.
By December 2026 or early CY2027, Tata Motors plans to enter the Flex-Fuel arena with at least one product to align with evolving government mandates.
"As far as Tata Motors is concerned, we are comfortable in terms of technology readiness," Chandra noted. "By end-December 2026 or early next year, we expect our first Flex-Fuel vehicle to be introduced. We are currently in discussion with the government through SIAM for E25 readiness."
Renault Expands Global Footprint With Second Production Hub For Boreal SUV In Türkiye
- By MT Bureau
- June 15, 2026
French automotive major Renault is accelerating the international rollout of its high-value C-segment SUV, the Renault Boreal. Originally launched in Latin America out of the Curitiba production facility in Brazil, Renault has established a second major industrial hub for the vehicle at its OYAK Renault plant in Bursa, Türkiye.
The strategic expansion positions the Bursa facility to satisfy high domestic demand in Türkiye – Renault’s second-largest market globally – while serving as a primary export base for Eastern Europe, the Middle East, North Africa and Sub-Saharan Africa.
The Renault Boreal features dimensions that exceed conventional C-segment benchmarks, leaning into upper-tier spacing realities – 4.56 metre body length, 2.70 metre wheelbase and 630 litres of boot space, expandable up to 1,868 litres with the easy break rear seats completely folded down.
The exterior design language combines a high-riding stance with modern brand markers, highlighted by a body-colour front grille housing the backlit ‘Nouvel’R’ emblem. It features a sweeping roofline, prominent fender flares, a Niagara Concept-inspired LED headlight signature, 19-inch diamond-cut alloy wheels, and a black-contrast panoramic glass roof.
The Turkish manufacturing rollout introduces a pragmatic mix of combustion and hybrid systems tailored for cross-continental regulatory and driving conditions. It can be had in full hybrid e-tech with multi-mode automatic transmission option that produces 160 hp of peak power, a WLTP range of 100 km on 4.8-litre fuel, 1.3 Turbo TCe with 6-speed wet dual-clutch (EDC) producing 145 hp of peak power, offering a WLTP range of 100 km with 6.6-lite of fuel consumption and a Hybrid E-Tech 4x4 (launch in Q4 CY2026) with multi-mode automatic transmission option producing a peak power of 150 hp.
The 160 hp full hybrid variant utilises the HR18-coded engine built locally by Oyak Horse. The system is engineered to prioritise urban efficiency, running in pure electric mode up to 80 percent of the time during stop-and-go city commutes. It supports pure electric acceleration at speeds up to 110 kmph.
Drivers can modulate performance metrics through the Multi-Sense system. In addition to Eco, Comfort, Sport and Perso settings, the vehicle features a new Smart Mode that automatically recalibrates steering weight, throttle response, ambient cabin lighting and exhaust/sound notes based on real-time road conditions.
The driver-oriented cabin integrates digital technology with premium family utilities, featuring a 10-inch digital driver instrument display sitting flush alongside a 10-inch openR link central multimedia touchscreen.
The Boreal deploys up to 25 Advanced Driver Assistance Systems (ADAS) depending on trim levels, highlighted by Active Driving Assist. This Level 2 system blends adaptive cruise control with automated Stop & Go routing and continuous lane-centring technologies.
Fabrice Cambolive, CEO, Renault Brand, said, “Boreal embodies Renault’s ambition to accelerate growth beyond Europe by delivering more value to our customers and strengthening our position in the strategic C-SUV segment. First launched in Latin America from our Brazilian hub, its expansion to Türkiye marks a new step in our international development. Boreal is also a strong illustration of Renault’s brand markers in action: Electrified by Passion with the introduction of our new E-Tech full hybrid technology; Designed to be Loved through its expressive design, elegant proportions and distinctive lighting signature that create an immediate emotional connection; People-First Technology with a seamless connected experience powered by Google, advanced driver assistance systems and intuitive onboard technologies; and Crafted Space through a spacious, versatile and comfortable interior designed around the needs of modern families. More broadly, Boreal demonstrates our ability to develop global voitures à vivre, produced close to their markets and thoughtfully adapted to local customer needs, combining desirability, innovation and everyday relevance for customers around the world.”
Ivan Segal, Renault Brand Head of Sales & Operations, added, “Boreal now enters a new phase of commercial deployment. Production in Bursa will enable us to address the Turkish market, Renault’s second-largest market worldwide, while opening up exports to a group of markets across Eastern Europe, the Middle East and Africa. With strong product appeal and a competitive industrial footprint, it will support our presence in the high-value C‑SUV segment across our international markets.”
Lionel Jaillet, CEO of Renault Group Türkiye, said, “We are very proud to introduce Boreal to the Turkish market. Being manufactured at our OYAK Renault facility in Bursa will both support domestic demand and strengthen Türkiye’s position in the global automotive ecosystem by contributing to our export targets.”
Skoda Auto India To Expand Performance Lineup With Kodiaq RS SUV
- By MT Bureau
- June 12, 2026
Czech automaker Skoda Auto India has announced the expansion of its Rally Sport (RS) performance portfolio with the introduction of the all-new Kodiaq RS. Marking the first time Skoda’s performance badge has been applied to an SUV in the Indian market, the flagship model combines a three-row, seven-seat premium layout with a dedicated mechanical tune.
The company said official order books for the high-performance SUV are scheduled to open nationwide on 22 June 2026.
The core differentiator of the Kodiaq RS lies in its upgraded internal combustion hardware. The vehicle features a heavily revised iteration of the Volkswagen Group's EA888 engine architecture, tuned identically to the high-output configurations found in the global Octavia RS and Volkswagen Golf GTI.
The vehicle’s announcement follows a marketing campaign where Skoda Auto India’s entire active fleet – comprising the Kylaq, Kushaq, Slavia, standard Kodiaq and the limited-volume Octavia RS – established an official India and Asia Book of Record at the CoASTT circuit in Coimbatore. The group achieved the 'Fastest Multi-Car Relay of a Single Manufacturer on a Circuit' with a total combined lap time of 12:30.97.
The Kodiaq RS will arrive in the country via the Completely Built Unit (CBU) import route, serving as an elite flagship positioned above the locally assembled multi-tier Kodiaq lineup (Lounge, Sportline and L&K trims).
Ashish Gupta, Brand Director, Skoda Auto India, said, “The RS badge carries over 50 years of global performance legacy and a fiercely loyal following in India since the Octavia RS arrived more than two decades ago. The latest Octavia RS, launched last year, sold out in just 20 minutes, highlighting its cult status among enthusiasts. Now, we’re taking that legacy forward with the Kodiaq RS, our first-ever seven-seater in India to wear the iconic RS badge and the quickest Skoda yet in the country. It blends performance, space, and 4x4 capability into a bold, unmistakable expression of our racing DNA.”
Kia India Unveils Kia Vibe Studio In Delhi For HYBE INDIA Pop-Up Park
- By MT Bureau
- June 10, 2026
Kia India, one of the leading passenger vehicle manufacturers, has announced the final leg of its multi-city cultural partnership with HYBE INDIA, introducing the ‘Kia Vibe Studio’ experience to the national capital.
Designed to target Gen Z creators and premium lifestyle audiences, the activation will serve as a marketing anchor for the brand's latest mass-premium SUV, the 2026 Kia Syros.
The HYBE INDIA Pop-Up Park is scheduled to take place on 13–14 June 2026 at Yashobhoomi (IACC) in New Delhi. The event combines automotive showcase infrastructure with music, fandom and multi-format creator engagement zones.
The centrepiece of the activation is the Kia Vibe Studio, a specialised content creation pod built directly inside the cabin of the 2026 Kia Syros.
The integration allows visitors to record, edit and instantly download high-definition performance and lip-sync videos. By converting the stationary vehicle's acoustic interior, ambient lighting and connected infotainment hardware into an active studio space, the campaign positions the SUV as a tech-driven platform for self-expression.
The event serves as a prominent touchpoint for the 2026 Kia Syros, which features several upgrades designed for the Indian market, including an enhanced design with a more rugged SUV stance, muscular body panels and sports-themed trim configurations. Expanded accessibility to automatic gearboxes, including the introduction of a high-demand diesel automatic (AT) variant.
The SUV is built on a platform engineered for a 5-star Bharat NCAP (BNCAP) crash safety rating, featuring an optimised distribution of connected tech features across lower and mid-tier trims.
Following the public pop-up park event, HYBE INDIA will conduct on-ground talent auditions on 14 June 2026 at the Shangri-La Eros, Delhi. The talent scout marks part of an international entertainment initiative aimed at discovering, training, and launching India’s first global girl group under the K-pop blueprint.
The Delhi showcase concludes the regional ‘Pop-Up Park’ phase of the 10-city marketing campaign, which completed consecutive runs in Guwahati, Mumbai, Pune, Hyderabad and Bengaluru.
While the experiential park footprint concludes in Delhi, the talent pipeline will continue across secondary markets. Auditions are scheduled to advance into Ahmedabad, Kolkata, and Chandigarh, allowing Kia India to sustain its brand engagement with youth demographics nationwide.
Lamborghini Fenomeno Wins Red Dot: Best of the Best 2026 Award
- By MT Bureau
- June 08, 2026
Italian supercar manufacturer Automobili Lamborghini has been awarded the ‘Red Dot: Best of the Best 2026’ accolade for its ultra-limited, ‘few-off’ hypercar, the Fenomeno. Honoured in the Product Design category, the prize represents the highest distinction in the global Red Dot evaluation, reserved for avant-garde projects that establish new benchmarks in visionary aesthetics and contemporary engineering.
The victory coincides with a milestone chapter for the brand, as the car was designed to celebrate the 20th anniversary of the Lamborghini Centro Stile. The official award ceremony is scheduled to take place on 7 July 2026, at the Aalto Theater in Essen, Germany.
The Fenomeno introduces an evolved corporate design language dubbed ‘hyper-elegant’ design, which strips back complex body panels to achieve formal purity while maximising functional on-track aerodynamics.
The supercar’s front fascia is heavily inspired by motorsport architecture. The front end utilises large racing-derived air intakes and a completely revised daytime running light signature modelled after the bull's horns found in the traditional Lamborghini corporate emblem. It subtly integrates the brand's iconic Y-shaped visual motifs, seamlessly connecting a low-slung carbon fibre front splitter to the headlamps.
The side profile and silhouette are defined by a single, continuous silhouette line running nose-to-tail, the design pays homage to the extended long-tail aerodynamics of the track-only Essenza SCV12. The car was displayed in a launch livery of Giallo Crius, a vibrant yellow hue that emphasises the vehicle’s upper body volumes against high-contrast, performance-oriented exposed carbon fibre elements below.
Beneath its custom carbon fibre bodywork, the plug-in hybrid (PHEV) Fenomeno utilises a thoroughly reworked mechanical architecture derived from the Revuelto, establishing itself as the fastest road-going vehicle in Lamborghini’s history.
The vehicle balances its extreme power-to-weight ratio through specialized hardware, including an advanced 6D motion sensor that measures acceleration across six axes, race-derived firm dampers, and high-end CCM-R Plus carbon-ceramic brakes adapted directly from Lamborghini’s SC63 endurance race car.
The Fenomeno features a 6.5-litre naturally aspirated V12 engine with 3 electric motors, which produce a combined 1,080 CV (1,065 hp) – with the internal combustion engine contributing a record 835 CV on its own, making it Lamborghini's most powerful V12 ever produced. The vehicle can accelerate from zero to 100 kmph in a claimed 2.4 seconds, while a zero to 200 kmph can be attained in 6.7 seconds. It has a top speed of over 350 kmph. It features a class-leading weight-to-power ratio of 1.64 kg/CV.
The Fenomeno is strictly limited to 29 units globally for the coupe version (complemented by an even rarer 15-unit Roadster variant).
Mitja Borkert, Design Director, Automobili Lamborghini, said, “This valuable and renowned recognition confirms the direction of the design DNA we are shaping with the team at Lamborghini Centro Stile, and underscores our future strategy. Fenomeno is a manifesto of style that expands our design language once again in an unexpected way, going beyond expectations and continuing the bloodline of our successful few-off cars in an athletic and elegant way."

Comments (0)
ADD COMMENT