- Toyota Kirloskar Motor
 - All-New Camry Hybrid Electric Vehicle
 - Electric Vehicle
 - Hybrid Electric Vehicle
 - Luxury sedan
 
Toyota Kirloskar Motor Launches All-New Camry Hybrid Electric Vehicle
- By MT Bureau
 - December 12, 2024
 
                                                                
                                Toyota Kirloskar Motor has unveiled the all-new Camry hybrid electric vehicle, further strengthening its commitment towards realising the company’s carbon neutral goals.
Developed under the concept of ‘Sedan to the Core’, the new Camry hybrid is powered by a 2.5L Dynamic Force Engine and delivers 221 Nm of torque at 3,200 rpm. The sedan comes with electronically controlled continuously variable transmission (e-CVT) and offers multiple driving modes – Sport, Eco and Normal – to accommodate a variety of driving situations and styles. A high-capacity Li-ion battery is another component of Toyota's 5th Generation Hybrid Technology System that boosts output to an amazing 169 kW (230 PS) maximum power. This advanced hybrid system is the ideal option for the luxury sedan enthusiast who cares about the environment since it combines performance with an amazing fuel efficiency of 25.49 km/l.
Among the many active and passive cutting-edge safety features available on the luxury sedan are the best-in-class nine SRS airbags, Electronic Parking Brake with Brake Hold Function, Vehicle Stability Control, Traction Control, Clearance & Back Sonar, Parking Assist with Back Guide Monitor and Tyre Pressure Monitoring System. The hybrid battery in the new Camry is covered for eight years or 160,000 km, whichever comes first.
Masakazu Yoshimura, Chairman, Managing Director and Chief Executive Officer, Toyota Kirloskar Motor, said, “The Launch of All-New Camry Hybrid Electric Vehicle is a testament to our vision of developing ever-better, sustainable mobility options in line with the Toyota’s Global Environmental Challenge 2050. India remains a crucial market, and our product strategy aligns with India’s national priorities to lower the carbon emissions and achieve energy security goals. Towards this, we have embraced the adoption of multiple-pathway approach to drive clean mobility and promote mass electrification with greater agility and speed. The introduction of the All-New Camry Hybrid Electric Vehicle, being a green mobility offering, will continue to further strengthens our contributions toward building a futuristic carbon-free, happy society.”
Tadashi Asazuma, Deputy Managing Director – Sales-Service-Used Car, Toyota Kirloskar Motor & Lexus, said, "The all-new Camry exemplifies our unwavering commitment to crafting vehicles that blend performance, sustainability and cutting-edge innovation. Developed under the concept of ‘Sedan to the Core’, the all-new Camry delivers an unmatched driving experience thanks to its advanced 5th generation hybrid system, offering enhanced performance and exceptional responsiveness. I believe that our new offering will bring the pride of ownership with its sporty design, tech-loaded features and advanced safety systems offering peace of mind to our customers thus reinforcing our vision to offer mobility that is both aspirational and responsible for the Indian market.”
Sabari Manohar, Vice President – Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “The launch of the All-New Camry Hybrid Electric Vehicle is an exciting milestone for us in India. This new model with its 5th Gen Hybrid Technology, striking design and luxurious specs, is crafted for those who seek contemporary elements – sleek, spacious, safe and seamless driving experience. Equipped with Toyota Safety Sense 3.0 and a suite of connectivity features, it offers our valued customers not just elevated style but also peace of mind, comfort and convenience at every turn. We sincerely thank our customers for their trust in the brand and appreciation for our sustainable mobility offerings that gave us the confidence to introduce this new and advanced model, aimed at fulfilling their eco-friendly vehicle choices.”
The luxury sedan is priced at INR 4.8 million ex-showroom and is available in four stunning new colours – Precious Metal, Dark Blue, Cement Grey and Emotional Red – along with the existing options of Attitude Black and Platinum White Pearl. Bookings for the All-New Camry Hybrid Electric Vehicle are now open.
Mahindra & Mahindra Reports INR 36 Billion Net Profit For Q2 FY2026
- By MT Bureau
 - November 04, 2025
 
                                                                
                                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.”
Hyundai Motor India Debuts All-New Venue And Venue N Line At Prices Starting INR 789,900
- By MT Bureau
 - November 04, 2025
 
                                                                
                                Hyundai Motor India Limited has globally launched the all-new Hyundai Venue and Hyundai Venue N Line, revising its popular compact SUV with prices starting INR 789,900 (ex-showroom).
The new Venue SUV is built on Hyundai’s Global K1 enhanced Platform. It has dimensions of 3,995 mm (Length), 1,800 mm (Width), 1,665 mm (Height) and a 2,520 mm Wheelbase.
The vehicle introduces the Connected Car Navigation Cockpit (ccNC) system, which NVIDIA accelerates. Technology includes Dual 62.5 cm (12.3-inch + 12.3-inch) curved panoramic displays and a 31.24 cm (12.3-inch) ccNC Navigation system. Up to 20 controllers are capable of Over-the-Air (OTA) vehicle updates.
Safety features include 6 airbags and Hyundai SmartSense ADAS Level 2 with 16 features. It is available with three powertrain options: Kappa 1.2-litre MPi petrol (5-speed manual transmission), Kappa 1.0-litre Turbo GDi petrol (6-speed manual or 7-speed DCT transmission) and U2 1.5-litre CRDi Diesel (6-speed manual or 6-speed automatic transmission).
The N Line is available in two variants, N6 (MT/DCT) and N10 (DCT). It is powered by the Kappa 1.0-litre Turbo GDi petrol engine. This engine delivers 88.3 kW (120 PS) and 172 Nm of maximum torque. Transmission options are a 6-speed manual or a 7-speed DCT. The vehicle includes paddle shifters, traction control modes and drive mode select. Technology features include the 31.24 cm (12.3-inch) ccNC Navigation system accelerated by NVIDIA, and up to 20 vehicle controllers capable of over-the-air (C-OTA) updates. For safety, the N Line is equipped with ADAS Level 2 with 21 features and over 70 advanced safety features. It features disc brakes on both the front and rear axles.
Unsoo Kim, Managing Director, Hyundai Motor India Limited, discussed the company's deep commitment to the Indian market, confirming an investment of over INR 450 billion. He noted that the all-new Hyundai Venue is the first product from the new Pune manufacturing plant and the first of 26 products planned by 2030.
"At HMIL, our commitment to India runs deep. We have recently announced an investment of over INR 450 billion, reaffirming our long-term vision for this vibrant market. The all-new Hyundai Venue marks the beginning of an exciting new chapter and it is the first product to roll out from our state-of-the-art Pune manufacturing plant and the first among the 26 products we plan to introduce by 2030. The launch of the all-new Hyundai Venue and Hyundai Venue N Line represents a significant milestone in our journey of automotive excellence," said Kim.
Tarun Garg, Whole-Time Director & COO, Hyundai Motor India, highlighted the Venue's strong market presence, with over 700,000 units sold and a consistent top-three position among compact SUVs in India. He confirmed that the all-new Hyundai Venue will be manufactured exclusively in India for global markets, supporting the 'Make in India for the World' vision.
"Since its debut in 2019, the Hyundai Venue has been one of the most successful nameplates in our SUV lineup, with over 700,000 units sold and a consistent position among the top three compact SUVs in India. Venue has played a pivotal role in strengthening Hyundai's SUV leadership and shaping our identity as a progressive and customer-centric brand. Preferred by young, aspirational working professionals who seek performance, Hyundai Venue has become a symbol of dynamic urban mobility and spirited individuality. With the launch of the all-new Hyundai Venue and Venue N Line, we are taking this success story to the next level. The new Hyundai Venue embodies disruptive design, advanced technology, superior safety and exhilarating performance, setting new benchmarks in the compact SUV segment. It also marks a proud moment for Hyundai Motor India, as the all-new Hyundai Venue will now be exclusively manufactured in India for global markets a true testament to the 'Make in India for the World' vision and the growing role of HMIL in Hyundai Motor Company's global strategy," said Garg.
Geely Picks Up 26.4% Stake In Renault do Brasil
- By MT Bureau
 - November 04, 2025
 
                                                                
                                French automotive major Renault Group and Chinese automaker Geely have executed agreements to extend their strategic cooperation, focusing on the production and sales of zero and low-emission vehicles by Renault do Brasil for both the Renault and Geely Auto brands in the country.
As part of the agreements, Geely has acquired 26.4 percent stake in Renault do Brasil. Renault Group will remain the majority shareholder and continue to consolidate the entity in its accounts. As a minority shareholder, Geely gains access to the Brazilian industrial and commercial resources, which should accelerate its expansion in the region.
Renault do Brasil will produce Geely Auto-branded vehicles alongside Renault vehicles at the Ayrton Senna plant in Sao Jose dos Pinhais, Parana. This joint production is expected to increase output and sharpen the industrial complex's competitiveness.
Renault will utilise Geely's GEA new energy architecture to expand its zero and low-emission vehicle line-up for the Brazilian market.
Renault do Brasil will distribute Geely Auto's portfolio of zero and low-emission vehicles in Brazil, including the Geely EX5 electric SUV, opening up new growth opportunities in sales, financing, and services.
Francois Provost, CEO, Renault Group, said, “The partnership we are announcing today with Geely in Brazil marks a decisive step forward in our international strategy. It establishes an agile cooperation founded on industrial excellence and technological leadership. Once again, combining our strengths will make us more competitive, more innovative and more responsive in a fast-evolving automotive market.”
Eric Li, Chairman, Geely Holding Group, said, “Our continued cooperation with Renault in exploring new markets and new opportunities will make for a win-win scenario as both Renault and Geely are able to leverage technology scales on a global level to bring the best products to market.”
The cooperation aims to enhance both companies' presence in Brazil, a market that accounts for over 40 percent of vehicle registrations in Latin America in H1 2025. The two groups have previously collaborated on projects including joint investment into Renault Korea and the creation of Horse Powertrain.
Renault India Reports 21% Wholesales Growth For October
- By MT Bureau
 - November 04, 2025
 
                                                                
                                French automotive major Renault India has reported a 21 percent YoY wholesales growth for October 2025, selling 4,672 units compared to 3,861 units last year.
The company attributed the surge in sales to the successful launch of the new Triber and Kiger SUVs and the positive impact of the GST 2.0 reforms.
Renault India also reported a 9.54 percent increase in wholesales over the 4,265 units sold in September 2025. On the other hand, retail sales came at 5,041 units in October 2025 (as per VAHAN data), reflecting a 12.7 percent growth over the same period last year.
Francisco Hidalgo, Vice-President, Sales and Marketing, Renault India, said, “October recorded a notable upswing in sales, driven by overwhelming customer response to the newly launched Triber and Kiger. The models have captured strong interest across urban and rural markets alike, reflecting renewed consumer confidence and vibrant demand during the festive season. We are confident this encouraging momentum will continue in the months ahead.”

                            
                                     
                                     
                                     
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