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Domestic sales plunged 24% last month, while exports surged by 81%.
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GlobalData forecasts India's light vehicle market at 5.7 million units in 2026 - a 10% gain on last year.
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Initial focus will include chassis and ADAS as well as tuning and calibration for UK-specification vehicles.
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The company is targeting annual battery-making capacity of more than 35GWh at full scale.
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The changes are described by the company as part of its long-term succession planning.
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The US automaker will continue with its Buick and Cadillac brands, while also exporting Chevrolets.
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The fifth-generation Tucson has a new body style based on Hyundai’s ‘Art of Steel’ design philosophy.
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Skoda Auto CEO Klaus Zellmer told the Economic Times that the company is “within weeks” of signing a memorandum of understanding (MoU) with a potential Indian partner, adding that relinquishing majority ownership “is not an issue.”
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The market grew moderately last month, following strong rebound in June.
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The project has secured approval under the Indian government's Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors.
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