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Hyundai races ahead with 69,894 sales in October
MUMBAI: Hyundai Motor India hit the accelerator on festive momentum this October, clocking total sales of 69,894 units, driven by buoyant consumer sentiment and a strong SUV line-up.
The month saw domestic sales of 53,792 units and exports of 16,102 units, marking an 11 per cent year-on-year growth in overseas markets. Leading the charge were Hyundai’s power-packed SUV duo, Creta and Venue, which together notched their second-highest ever monthly sales at 30,119 units.
“October was a month of festivals and fervour, boosted further by the positive impact of GST 2.0 reforms,” said Hyundai Motor India whole-time director and COO Tarun Garg. “Strong market demand and high consumer enthusiasm powered our SUV sales, and we expect this momentum to continue with the upcoming launch of the all-new Hyundai Venue.”
With refreshed design, premium features and advanced technology, the upcoming Venue aims to steer Hyundai’s growth to the next gear, keeping the brand firmly in the fast lane of India’s SUV story.
Brands
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.
