Maruti Suzuki ties up with PNB to offer enhanced inventory funding solutions for dealers

Maruti Suzuki ties up with PNB Maruti Suzuki India on Wednesday said it has inked an initial pact with Punjab National Bank to offer enhanced inventory funding solutions for its dealer network across the country. Maruti Suzuki and Punjab National Bank have signed a Memorandum of Understanding (MoU) to this effect. The collaboration aims to… Continue reading Maruti Suzuki ties up with PNB to offer enhanced inventory funding solutions for dealers

PNB and Maruti Suzuki Sign MoU for Dealer Financing and Cash Management Services

Punjab National Bank (PNB) and Maruti Suzuki India Limited (MSIL) have entered into a strategic partnership through the signing of a Memorandum of Understanding (MoU) aimed at strengthening financial support for Maruti Suzuki’s dealer network across India. The collaboration focuses on providing inventory financing solutions and cash management services to enhance operational efficiency within the… Continue reading PNB and Maruti Suzuki Sign MoU for Dealer Financing and Cash Management Services

Toyota Rumion sells 34,000 units in two years since launch

The Toyota Rumion MPV, launched on August 10, 2023, has turned two years old in the Indian market. As per industry wholesales data, the Toyota Rumion has clocked cumulative sales of 34,221 units in the 24 months till end-July 2025. The Rumion MPV is one of Toyota Kirloskar Motor’s (TKM) successful products in the past… Continue reading Toyota Rumion sells 34,000 units in two years since launch

Toyota Rumion sells 34,000 units in two years since launch

The Toyota Rumion MPV, launched on August 10, 2023, has turned two years old in the Indian market. As per industry wholesales data, the Toyota Rumion has clocked cumulative sales of 34,221 units in the 24 months till end-July 2025. The Rumion MPV is one of Toyota Kirloskar Motor’s (TKM) successful products in the past… Continue reading Toyota Rumion sells 34,000 units in two years since launch

Exclusive – Toyota Kirloskar Motor Delivers Record ₹5,672 Cr Profit in FY25, Elevates India’s Role in Global Sales

Toyota Kirloskar Motor (TKM), the Indian arm of Toyota Motor Corporation, has closed FY25 with its strongest-ever performance, posting a consolidated net profit of ₹5,672 crore — up 18.5% from ₹4,787 crore in FY24. Surging demand for hybrid models, an expanded retail network, and incremental volumes from Maruti Suzuki helped Toyota Kirloskar post its highest-ever… Continue reading Exclusive – Toyota Kirloskar Motor Delivers Record ₹5,672 Cr Profit in FY25, Elevates India’s Role in Global Sales

As Entry-Level Sales Slide, Maruti Eyes Nexa and Arena SUV Launches to Regain Momentum

Even as the Indian passenger vehicle market heads towards its slowest growth since the Covid pandemic, Maruti Suzuki remains confident about its long-term prospects — projecting industry volumes to touch 6 million units by the end of the decade, up from the current 4.2–4.3 million. The company is banking on a sharper premium push through… Continue reading As Entry-Level Sales Slide, Maruti Eyes Nexa and Arena SUV Launches to Regain Momentum

Maruti Suzuki Unveils Grand Vitara PHANTOM BLAQ Edition to Mark NEXA’s 10th Anniversary

Maruti Suzuki India Limited launched the Grand Vitara PHANTOM BLAQ Edition on Saturday to commemorate 10 years of its NEXA retail channel. The limited edition SUV features an exclusive matte black colour wrap and is offered exclusively in the Strong Hybrid Alpha+ variant. The PHANTOM BLAQ Edition builds on the Grand Vitara’s existing design with… Continue reading Maruti Suzuki Unveils Grand Vitara PHANTOM BLAQ Edition to Mark NEXA’s 10th Anniversary

Wagon R global sales surpass 10 million units, India accounts for a 34% share

Suzuki Motor Corporation has announced that its Wagon R series of hatchbacks has driven past cumulative global sales of 10 million units two months ago in June 2025. The milestone was achieved 31 years and 9 months after the Wagon R was launched in Japan in September 1993. The Wagon R, developed as a semi-bonnet-style… Continue reading Wagon R global sales surpass 10 million units, India accounts for a 34% share

Lumax Auto Q1 FY26 Profit Rises 30% to ₹54 Crore; Revenue Up 36%

Lumax Auto Technologies Ltd. reported a 30% year-on-year increase in consolidated profit after tax (PAT) at ₹54 crore for the first quarter of FY26, up from ₹42 crore in Q1 FY25. Consolidated revenue rose 36% year-on-year to ₹1,026 crore, compared to ₹756 crore in the corresponding period last year. Earnings before interest, tax, depreciation, and… Continue reading Lumax Auto Q1 FY26 Profit Rises 30% to ₹54 Crore; Revenue Up 36%

Talbros Automotive Q1 FY26 Net Profit Rises 8% to ₹22 Crore

Talbros Automotive Components Ltd. (TACL) reported an 8% year-on-year rise in consolidated profit after tax (PAT) at ₹22 crore for the first quarter of FY26, up from ₹20.6 crore in Q1 FY25. Revenue from operations grew marginally by 1% to ₹211 crore during the quarter, while EBITDA also rose 1% to ₹35 crore, maintaining a… Continue reading Talbros Automotive Q1 FY26 Net Profit Rises 8% to ₹22 Crore