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Hyundai India posts record February sales of 66,134 units
Domestic sales hit 52,407 (plus 9.8 per cent YoY) and exports 13,727 (plus 24.8 per cent YoY) in Feb 2026.
MUMBAI: Hyundai India just floored the accelerator because when February sales hit an all-time high, even the calendar wants to take a victory lap. Hyundai Motor India Limited (HMIL) reported its highest-ever February sales since inception, clocking 66,134 units in February 2026, a robust 12.6 per cent year-on-year growth. The figure comprises domestic sales of 52,407 units (up 9.8 per cent YoY) and exports of 13,727 units (up 24.8 per cent YoY), marking the strongest February performance for both total and domestic volumes in the company’s history.
HMIL MD & CEO Tarun Garg said, “We kicked-off 2026 on a high note achieving our highest-ever monthly sales in January and the momentum continues in February. With a total sales (domestic plus exports) of 66,134 units, the highest for any February in our history, we posted a robust growth of 12.6 per cent YoY. This includes domestic sales of 52,407 units, also the highest-ever February sales since inception.”
The results reflect HMIL’s strong product momentum, growing export footprint, and focus on connected technology and ownership experience as the company nears 30 years in India. As one of the country’s leading passenger vehicle makers, the February numbers underline sustained demand across segments and markets, with exports showing particularly sharp acceleration.
In a market where every month counts toward yearly targets, HMIL’s February surge isn’t just a number, it’s proof that when the road gets busy, Hyundai knows exactly how to keep the pedal down and the smiles wide.
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Rajiv Bajaj quits Bajaj Finance board ahead of July AGM
The managing director of Bajaj Auto will step down as a non-executive director of the private lender, ending a long association with the company
Rajiv Bajaj is clearing his desk at Bajaj Finance. The managing director of Bajaj Auto has told the private lender that he will not seek re-election at its annual general meeting scheduled for July 30, 2026, bringing to a close a board tenure that spanned one of the most eventful chapters in Indian consumer finance.
According to a regulatory filing, Bajaj will cease to be a non-executive director of the company upon completion of the AGM. The board of directors, taking note of his departure at its meeting on Wednesday, placed on record its appreciation for his long association and contribution to the company.
The exit is notable. Bajaj is not merely a board name at Bajaj Finance. He has been part of the broader Bajaj group for over three decades, cutting his teeth across manufacturing, supply chain, research and development, engineering and marketing before rising to lead Bajaj Auto. He also holds directorships across several Bajaj group companies, including Bajaj Holdings and Investment Ltd, Bajaj Auto Credit Ltd, Bajaj Auto Technology Ltd, Bajaj Sevashram Pvt Ltd, Kamalnayan Investment and Trading Pvt Ltd and Rupa Equities Pvt Ltd, among others.
Bajaj holds a degree in mechanical engineering from the University of Pune and a master’s degree in manufacturing systems engineering from the University of Warwick, and has been credited with steering Bajaj Auto’s global operations through years of aggressive expansion.
His departure from the Bajaj Finance board narrows his formal footprint in the financial services arm of the group, even as he remains the public face of its automotive engine. Whether it signals a broader consolidation of roles within the conglomerate or simply a tidying of board responsibilities, the group has not said.
Bajaj Finance, one of India’s most closely watched non-banking financial companies, will now need to fill the chair he leaves behind. That, at least, should not take long.
