Passenger Vehicle
10 recent notes from companies in this sector. 4 companies tracked.
Floods force TMPV to halt Sanand plant; Tiago, Nexon output hit
Production of four key models suspended after heavy rainfall. Company expects restart within days; losses are insured. Financial impact still being assessed.
Maruti board to meet 31 July for Q1 results
A routine procedural notice with no financial data. The real news will come on 31 July.
Mercury Ev-Tech gets Gujarat nod to sell subsidised e-rickshaws
Approval covers 11 lithium-ion models, each eligible for a ₹48,000 flat subsidy. No minimum volume is guaranteed.
Maruti's Kharkhoda mega-plant goes live; 1M unit capacity in sight
India's and Japan's PMs jointly inaugurate the 800-acre facility. At full scale, the ₹35,000-cr plant will nearly double Maruti's current capacity and anchor its 4-million-unit target.
Tata Motors PV to host Helios Capital in virtual meet on July 3
A group meeting with analysts and institutional investors, including Helios Capital Management, has been scheduled. The agenda is undisclosed, but the presence of a well-known investor adds weight.
Tata Motors PV targets ₹1,40,000 cr revenue by FY31, more than double FY26
In its first standalone investor day, the demerged PV business laid out plans for 20% market share, 30% EV mix, and a 15-nameplate portfolio.
JLR targets double-digit growth with hybrid push, North America focus
Range Rover and Defender will get a full hybrid option; a non-binding Stellantis MOU explores US-specific Defender products. The £1.8 bn investment plan is reaffirmed, with new electric models due this year.
Maruti launches India's first flex-fuel car. No price, no sales forecast.
A Wagon R variant runs on any ethanol blend from E20 to E100. Union ministers were on stage, but the company provided no financials.
Fire at Hyundai supplier Mobis India halts parts flow, for now.
A fire at Mobis India, which supplies audio components and parts, has disrupted production at Hyundai Motor India. The company is scrambling for alternatives while drawing down dealer stock.
Tata Motors PVs record 642k units; JLR plans GBP 1.7 bn reset
Q4 transcript shows 15% volume growth, EV bookings surge 25-30% after Middle East crisis, and JLR's aggressive cost plan.