With the SUV market in India booming, Toyota Kirloskar Motor (TKM) has introduced yet another SUV, albeit in a compact form called as the Urban Cruiser Taisor.
Made at Maruti Suzuki manufacturing facility as part of the global cooperation framework between Toyota Motor Corporation and Suzuki Motor Corporation, the new compact SUV from TKM positions itself in a segment that is quite competitive and has the presence of not just the Maruti Fronx (its close cousin) but also the likes of Tata Punch.
Designed to be stylish with a bold Toyota grille that has (twin LED) daytime running lamps at either corner and head lamps that are arranged at either lower corner in a form of three-square lenses, the Urban Cruiser Taisor draws attention with its ‘higher up the ground’ stance as it rides on 16-inch diameter wheels. The machined alloy wheels look quite smart too.
The sides are not very different than that of the Fronx to look at, particularly with that roofline which tapers down at the rear. The rear styling, much like that of front, is interesting. It also hints at clever packaging.
Complementing its SUV stance are styling touches such as a front and rear skid plate, roof rails and body cladding on the wheel arches and doors.
Available in two-tone colour shades as per the trim level, the Urban Cruiser Taisor could be had with a 90 PS 1.2-litre petrol engine mated to a five-speed manual transmission or a 100 PS 1.0-litre turbo-petrol engine mated to a 5-speed manual transmission or a six-speed automatic transmission.
Besides the two petrol powertrains, the compact SUV with front-wheel drive configuration could be had with a 1.2-litre CNG unit as well. Coupled to this unit is a five-speed manual transmission. To note: The manual transmission of the vehicle features an ‘Intelligent Gear Shift’ (IGS) function.
With deliveries scheduled from May 2024 (booking is already open) onwards, the compact SUV’s modern interior can seat five people. The dual tone dashboard with silver metal accents and premium seat fabric adds a nuance of exterior styling to the cabin. Also does the flat-bottom leather-wrapped steering wheel (with tilt and telescopic adjustment).
While the driver’s seat is height adjustable, the rear bench seat is 60:40 split to provide better storage space at the rear.
Featuring wireless charger, paddle shifters (on auto transmission variants), keyless entry, push-start/stop system, electrically adjustable (and foldable) ORVMs, steering wheel-mounted controls, power windows with anti-pinch function, fast USB charging points, a head-up display, 360-degree camera, nine-inch HD touchscreen infotainment system display, ‘ARKAMYS’ surround sound system with six speakers and wireless connectivity via Android Auto and Apple CarPlay, the Urban Cruiser Taisor is replete with the Toyota ‘iConnect’ system.
The ’iConnect’ system provides a one stop intelligent solution for integrated and seamless experience in terms of remotely controlling functions such as climate control, lock/unlock, hazard lights and headlamps etc, and is fully compatible with smartwatches and Hey Siri voice assistant.
Equipped with vehicle stability control, hill hold assist, roll over mitigation, six airbags (including side and curtain airbags), reverse parking sensors (with graphic display as well), ABS, EBD, an anti-theft security, Isofix points for child seats, over speed alert and door and lock status, the vehicle is priced upwards of INR 773,000 ex-showroom.
Masakazu Yoshimura, MD and CEO, Toyota Kirloskar Motor, and Regional CEO, Toyota Motor Corporation (TMC), said, “The Indian market has always been of paramount importance to us, both in terms of product offerings and introduction of advanced technologies. This emphasis was further underpinned by the recent creation of a new region where the Indian market plays an even more crucial role acting as the hub of the new ‘India, Middle East, East Asia and Oceania Region’. At Toyota Kirloskar Motor, we believe that the company is strategically positioned to capitalise on its 25-years excellence legacy backed by an aspiration to establish new standards in the Indian automotive industry.”
“Looking ahead, our business strategy in the market will be to continue to focus on contributing to national priorities of localisation, developing a highly skilled workforce and achieving carbon goals. Furthermore, the customer first culture will continue to define our market strategy for years to come. With the newly introduced all-new Urban Cruiser Taisor, we are underlining our commitment to the customers by expanding choices to cater to their distinct needs thus delivering ‘Mass Happiness to All’,” he added.
VinFast’s Inaugurates Its Largest Showroom In India In Chennai
- By MT Bureau
- August 02, 2025
Vietnamese automaker VinFast Auto India has opened its largest showroom in the country in Chennai, Tamil Nadu. This marks the company’s first dealership in the state and is part of its plan to expand its retail presence across India.
The 4,700 sqft facility, located in Teynampet, is operated by Maansarovar Motors and will display VinFast's upcoming electric SUV models – the VF 6 and VF 7.
Pham Sanh Chau, CEO, VinFast Asia, said “Chennai’s legacy and its thriving ecosystem of innovation, skilled talent and advanced infrastructure make it a natural choice for VinFast’s first-ever dealership in Tamil Nadu, which is also our largest touchpoint across the country. With this dealership, we are proud to deepen our commitment to this dynamic city and bring our premium electric mobility solutions closer to discerning customers in Tamil Nadu. Chennai represents the spirit of progress and through our partnership with Maansarovar Motors, we aim to redefine the EV ownership journey – combining sustainability, technology and world-class service. This marks not just a retail milestone, but a meaningful step toward co-creating a greener, smarter, and future-ready India.”
As part of its expansion plans, the company aims to open 35 dealerships across 27 cities by end-2025. Pre-bookings for the VF 6 and VF 7 began on 15 July with a refundable booking amount of INR 21,000.
VinFast has partnered with RoadGrid, myTVS, and Global Assure to support charging infrastructure and after-sales services. It has also tied up with BatX Energies to promote battery recycling and develop a circular battery value chain.
Maruti Suzuki India Reports INR 37.11 Billion Net Profit For Q1 FY2026
- By MT Bureau
- August 01, 2025
Maruti Suzuki India, the leading passenger vehicles manufacturer in the country, has reported its financial results for Q1 FY2026.
The company sold a total of 527,861 vehicles, which comprised 430,889 units in the domestic market and 96,972 units exported. This translated to a sales decline of 4.5 percent in the domestic market, while exports grew by 37.4 percent compared to a year ago.
Maruti Suzuki India’s reported registered net sales of INR 366.2 billion, up 8.11 percent YoY, as compared to INR 338.7 billion last year. The net profit came at INR 371 billion, up 1.7 percent, as compared to INR 364.9 billion last year.
Hyundai Motor India Reports INR 13.69 Net Profit For Q1 FY2026, Down 8%
- By MT Bureau
- July 30, 2025
Hyundai Motor India, one of the leading passenger vehicle manufacturers in the country, has reported its financial performance for Q1 FY2026.
The company’s revenue came at INR 164.129 billion, down 5.36 percent YoY, the EBITDA came at INR 21.85 billion, down 6.62 percent YoY, while net profit at INR 13.69 billion was down 8 percent YoY.
Unsoo Kim, Managing Director said, “We continued our stated strategy of ‘Quality of Growth’ in the first quarter of FY 2026 with balance between domestic & exports, market share and profitability. This strategy helped us to sustain strong EBITDA margin of 13.3 percent during the quarter, despite tough macro-economic environment. Moving forward, we anticipate gradual recovery in domestic demand sentiments, driven by onset of monsoon & festive season coupled with government policy measures, while on the exports front, we are confident to maintain a positive momentum, in line with our growth commitments.”
Hyundai Motor India’s performance was affected by a slowdown in its overall volumes both in domestic and exports markets. Factors such as intensifying competition, geopolitical situation and tariff confusion have affected demand.
Mahindra's Q1 FY2026 Net Profit Rises 24% To INR 40.83 Billion
- By MT Bureau
- July 30, 2025
Mumbai-headquartered SUV major Mahindra & Mahindra has reported a 24 percent YoY increase in consolidated net profit to INR 40.83 billion for Q1 FY2026, supported by strong performances across its automotive, farm and services businesses.
The consolidated revenue grew 22 percent to INR 455.29 billion in Q1 FY2026, while return on equity stood at 20.6 percent.
During the quarter, the company increased its revenue market share in the SUV segment to 27.3 percent, its LCV market share (up to 3.5 tonnes) to 54.2 percent, and its tractor segment market share to 45.2 percent.
The standalone automotive business recorded a 31 percent increase in revenue to INR 259.99 billion, with profit before interest and tax (PBIT) up 24 percent to INR 22.21 billion. SUV volumes reached 152,000 units, contributing to total vehicle sales of 247,249 units.
The farm equipment sector saw revenue rise 12 percent to INR 108.92 billion, with PBIT up 21 percent at INR 18.19 billion. Tractor volumes grew 10 percent to 132,964 units and standalone PBIT margins improved by 130 bps to 19.8 percent.
In the services segment, Mahindra Finance’s assets under management rose 15 percent, while Tech Mahindra’s EBIT margin increased by 260 bps to 11.1 percent, with a 34 percent jump in net profit.
Dr. Anish Shah, Group CEO & Managing Director, M&M, said, “Q1 FY2026 has been an excellent quarter, with broad-based growth across all our businesses. The operating excellence in our Auto and Farm businesses is evident in continued market share gains and margin expansion. TechM is witnessing momentum on deal wins, sustaining cost discipline and is moving steadily towards its FY2027 margin objectives. MMFSL’s calibrated approach to growth is manifesting in stable asset quality, with GS3 under 4 percent as committed. Our Growth Gems are progressing well on their value creation journeys.”
Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M, said, “Our Auto and Farm businesses continue to lead with strong momentum in Q1 FY2026, with gain of 570 bps YoY in SUV revenue share, and 340 bps YoY in LCV (<3.5T) market share. In Tractors, we gained 50 bps YoY to reach 45.2 percent market share, the highest ever in a quarter. Our Auto Standalone PBIT margin (excl. eSUV contract mfg.) improved by 50 bps to 10 percent and core Tractor PBIT margins improved by 100 bps to 20.7 percent.”
Amarjyoti Barua, Group Chief Financial Officer, M&M, said, “We are pleased with the performance of the group in the quarter, despite several macro challenges including geo-political disruptions. It demonstrates the resilience of the group. With our continued focus on capital discipline & operational metrics, we remain committed to shareholder value creation.”
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