Passenger Vehicle
7 recent notes from companies in this sector. 3 companies tracked.
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.