- Mercedes-Benz India
- Forex
- Santosh Iyer
- C200
- GLC 300 4MATIC
- E 200
- GLE300d 4MATIC AMG Line
- EQS SUV 450 4MATIC
- GLS 450 4MATIC
- Maybach S 680
Mercedes-Benz India Announces Two-Stage Price Hike Amid Forex Pressure
- By MT Bureau
- May 09, 2025
Mercedes-Benz India, the country’s leading luxury carmaker, has announced that it will revise the ex-showroom prices of its model range in two phases, starting 1 June 2025. The company attributes it to a steep depreciation of the INR against the Euro and the resulting spike in import costs.
The first increase, ranging from INR 90,000 for the C-Class to INR 1.2 million for the Mercedes-Maybach S 680, will be implemented in June. A further nominal 1.5 percent hike will follow from 1 September 2025. This two-stage strategy aims to give customers financial flexibility and minimise the immediate impact.
To soften the effect, Mercedes-Benz Financial Services will offer innovative financing options, including flexible EMIs and partial ownership plans. For models like the GLA and GLC, EMI changes will be under INR 2,000
Santosh Iyer, MD & CEO, Mercedes-Benz India, said, “Over the last four months, the rupee has depreciated in the market, with an approximate 10 percent drop in the Euro to INR exchange rate, causing significant cost pressures on our business operations. This steep swing in the Euro-INR rate has been severely impacting the cost of imports, for both components and CBU cars. Though we have been absorbing most of the exchange rate difference to date and increasing our localisation initiatives, we are now compelled to pass on a small portion of it to customers. The continuous rise in operational costs, influenced by forex movement, necessitates this slight price correction, which we will pass on to the market, for sustained business of the company and our Franchise Partners. This staggered approach for price revision, along with the value-added flexible financing programmes from MBFS, will not only minimise any financial burden, but will also offer customers a robust leeway to plan their purchases, best suited to their requirements.”
| MERCEDES-BENZ INDIA | |||
| Model | Current Price (INR lakh) | New Price (INR lakh) | Change (INR lakh) |
| C 200 | 59.4 | 60.3 | 0.9 |
| GLC 300 4MATIC | 76.8 | 78.3 | 1.5 |
| E 200 | 79.5 | 81.5 | 2 |
| GLE 300d 4MATIC AMG Line | 99 | 101.5 | 2.5 |
| EQS SUV 450 4MATIC | 128 | 131 | 3 |
| GLS 450 4MATIC | 133.9 | 137 | 3.1 |
| Maybach S 680 | 347.8 | 360 | 12.2 |
Mahindra XUV 7XO SUV Launched At Prices Starting At INR 1.36 Million
- By MT Bureau
- January 07, 2026
Mumbai-headquartered automotive major Mahindra & Mahindra has introduced the XUV 7XO, its newest SUV, with prices beginning at INR 1.36 million (ex-showroom). The vehicle builds upon the XUV 700, which has reached 300,000 customers since 2021. Deliveries for the AX7, AX7T, and AX7L variants are scheduled to start on 14 January 2026, followed by the AX, AX3, and AX5 variants in April 2026.
The XUV 7XO features a 31.24 cm Triple HD screen system and Adrenox+ technology powered by the Qualcomm Snapdragon SA8155P chipset. It is the first internal combustion engine (ICE) vehicle in India to utilise the advanced processor. The SUV also debuts DAVINCI damping technology, a valve-based suspension system designed for ride stability.
Key Technical Features:
- Engine Options: 2-litre mStallion TGDi petrol and 2.2-litre mHawk turbo-diesel.
- Audio: 16-speaker Harman Kardon system with Dolby Vision and Atmos.
- Safety: 75 standard features and Level 2 ADAS with dynamic visualisation.
- Camera: 540-degree coverage with digital video recording.
- Exterior: Full-width grille with talon accents, Bi-LED projector headlamps and R19 alloy wheels.
The introductory prices apply to the first 40,000 customer deliveries. Customers can opt for automatic transmission for an additional INR 145,000 and All-Wheel Drive (AWD) feature in diesel variants for INR 245,000.
|
Variant |
Seating |
Petrol (MT) |
Diesel (MT) |
|
AX |
7 STR |
INR 1.36 million |
INR 1.49 million |
|
AX3 |
7 STR |
INR 1.60 million |
INR 1.64 million |
|
AX5 |
7 STR |
INR 1.75 million |
INR 1.79 million |
|
AX7 |
7 STR |
INR 1.84 million |
INR 1.89 million |
|
AX7T |
7 STR |
— |
INR 2.09 million |
R Velusamy, President, Automotive Business, Mahindra & Mahindra, said, “XUV 7XO is our next step in delivering a truly premium, technology-forward SUV —smoother in ride, sharper in response and smarter in experience. We are introducing DAVINCI suspension system — our new valve-based damping technology — for the first time worldwide, delivering a distinctly more plush and settled ride. ADRENOX+, powered by the Qualcomm Snapdragon SA8155P, marks the first introduction of this chipset in an ICE vehicle in India, enabling exceptional computing speed and responsiveness. Inside, a 16-speaker Harman Kardon system, engineered for exceptional spectral balance, is paired with Dolby Atmos and Dolby Vision — introduced for the first time in India. Backed by mStallion/mHawk powertrains and upgraded ADAS, the XUV 7XO offers a drive that feels confident, refined and engaging.”
Pratap Bose, Chief Design & Creative Officer, Mahindra & Mahindra, said, “We wanted the XUV 7XO to feel instantly recognisable, iconic yet unmistakably new. Its exterior design exudes the trademark Mahindra authentic-SUV character of athletic presence and sophisticated refinement, with an imposing all-new grille featuring a piano black finish and jewel like talon accents, as well as Bi-LED projector headlamps with DRLs. The cabin feels immersive and serene, pairing plush, premium finishes with a futuristic coast-to-coast display and an audio-visual experience that cocoons occupants in luxury. To put it simply, the XUV 7XO has been designed to reshape aspirations and set new standards for sophistication, safety, performance and capability. It takes the SUV experience and raises it to the power of X.”
Nalinikanth Gollagunta, CEO, Automotive Division, Mahindra & Mahindra, added, “The XUV700 created a new benchmark for India’s SUV market and its momentum has not slowed since. With the XUV 7XO, we are taking that benchmark to new heights. The segment is evolving fast, expectations are rising and India’s appetite for advanced, high-performance SUVs has never been stronger. The XUV 7XO reflects our commitment to stay ahead of the curve by delivering a product that sets new standards in design, technology and capability. In short, the XUV 7XO is built to be a trendsetter for the future of SUVs and will further solidify our position as a leader in the SUV segment.”
Hyundai Venue HX5+ Variant Launched At INR 999,900
- By MT Bureau
- January 02, 2026
Hyundai Motor India has introduced a new HX5+ variant for its recently launched all-new Hyundai Venue compact SUV at INR 999,900 (ex-showroom).
Equipped with the Kappa 1.2-litre petrol engine – MT, the HX5+ variant gets roof rails, Quad Beam LED Headlamps, rear window sunshade, smartphone wireless charger, driver console armrest with storage, rear wiper & washer and driver power window with auto up-down & safety. It also gets driver seat height adjustment.
Tarun Garg, Managing Director & CEO, Hyundai Motor India, said, “The all-new Hyundai Venue has witnessed an overwhelming response from customers, with more than 50,000 bookings already received. The introduction of the new HX5+ variant enhances all-new Venue’s value proposition with added comfort and convenience features that align with evolving customer expectations.”
“HMIL continues to stand for trust, quality and long-term value, delivering products that resonate with the aspirations of millions across our country. We are deeply committed to India and Indian customers and the introduction of the Hyundai Venue HX 5+ variant marks another milestone in our journey to delight customers with products that truly reflect their aspirations,” he said.
Kia India, one of the leading passenger vehicle manufacturers, has announced the prices for its popular SUV the all-new Kia Seltos, starting at INR 1.09 million (ex-showroom).
In its second generation, the Seltos is manufactured at the company’s Anantapur facility and is intended to compete in the mid-SUV segment through a range of updates to its dimensions, technology and safety features.
The vehicle is built on Kia’s K3 platform, which is making its debut in India. The SUV has a length of 4,460 mm, a width of 1,830 mm and a wheelbase of 2,690 mm. Exterior features include a digital grille design, automatic door handles and LED projection headlamps. The model is available in 10 monotone colours and features alloy wheels up to 18 inches.
Inside, the cabin features a 30-inch display panel and a leatherette-wrapped steering wheel. Technical specifications include a Bose 8-speaker audio system, wireless smartphone integration and a proximity unlock function. Comfort is managed through a 10-way power-adjustable driver’s seat with memory settings, ventilated front seats, and a dual-pane sunroof.
Safety systems consist of a standard pack of 24 features, including six airbags, an anti-lock brake system and hill-start assist. The vehicle also incorporates Level-2 Advanced Driver Assistance Systems (ADAS) with 21 autonomous functions. The powertrain options include 1.5-litre petrol, 1.5-litre turbo petrol and 1.5-litre diesel engines. These are paired with six transmission options, including manual, iMT, IVT, DCT and automatic gearboxes.
Gwanggu Lee, Managing Director & CEO, Kia India, said, “The all-new Kia Seltos marks a strong evolution of a nameplate that has shaped Kia’s journey in India. With this new generation, our intent is clear – to redefine the mid-SUV segment by raising standards across space, safety, technology and overall ownership experience, while delivering exceptional value to our customers. This strategic approach strengthens our competitiveness, reinforces customer confidence in the brand, and positions Kia strongly to regain momentum and market share in one of India’s most important SUV segments. True to its BADASS legacy, the all-new Seltos reflects our long-term commitment to offering well-balanced, future-ready SUVs designed for modern Indian families.”
Ownership support includes service bookings via the MyKia app and extended warranty options for up to seven years. At present, Kia has established a network of 821 touchpoints across 369 cities in India.

Honda Cars India Sells 5,807 Units In December 2025
- By MT Bureau
- January 01, 2026
Honda Cars India (HCIL) has announced its domestic wholesales of 5,807 units in December 2025, which was 3.6 percent YoY, as compared to 5,603 units sold last year.
Furthermore, the company exported 2,352 units last month, as compared to 3,857 units a year ago.
Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “We closed December with good sales growth, carrying forward the positive momentum achieved since GST 2.0 implementation. Demand remained robust across all models Honda Amaze, City and Elevate, with each contributing strongly to overall performance. The new year 2026 is expected to unlock new opportunities, with multiple product launches scheduled during the year.”

Comments (0)
ADD COMMENT