Mercedes-Benz India, the leading German luxury car manufacturer in the country, has achieved new milestones. In 2024, the company reported its best-ever sales performance in three decades with sales of 19,565 new vehicles in the country, up 12.4 percent YoY. With this, Mercedes-Benz India becomes the first luxury brand to have crossed the 200,000 units sales milestone in the country.

In 2024, the German luxury brand launched 14 new products, including 9 top-end The company attributed the performance to a combination of new launches, existing models and an enhanced retail customer experience.

Last year, Mercedes-Benz launched 14 new products including 9 ultra-premium models in the Indian market. The year also marked the company increasing sales of its EV models consisting of the – EQA 250+, EQB SUV, EQS SUV 580 and the Mercedes-Maybach EQS SUV - to over six percent, registering a growth of 94 percent YoY.

Crossing milestones

Mercedes-Benz was amongst the first luxury car brands to have entered the Indian automotive market. This commitment has been rewarded by the Indian consumers who have shown their preference towards Mercedes-Benz, and helped it cross the sales milestone of 200,000 units in the country.

The company shared that of the 200,000 Mercedes-Benz sold since 1994, 100,000 vehicles were sold in the last six years alone (2019-2024). The first 50,000 units sales milestone took 20 years (1994-2013), following the next 50,000 units in five years (2014-2018).

On the other hand, Mercedes-Benz Financial Services, the finance arm of the luxury car maker, has achieved INR 100 billion portfolio in India. Interestingly, every second Mercedes-Benz sold in the country was financed by the company.

Santosh Iyer, MD & CEO, Mercedes-Benz India, said, “Mercedes-Benz continues to lead with its BEV roadmap, strengthening our commitment to sustainability. Our product offensive in 2025 begins with the debut of two eagerly awaited BEVs: the iconic G580 with EQ technology and the 'Made-in-India' EQS SUV 450. The G580 brings the iconic off-road capabilities of the G-Class into the electric age, setting new standards and unlocking unparalleled possibilities in luxury, performance, and sustainability. Following the success of the EQS SUV in India, we are happy to introduce its second variant, EQS SUV 450 in a 5-seater configuration. The EQS SUV 450 combines progressive technology, unparalleled luxury, and ample space with sustainability at its heart.

Expansion and new model launches

As part of its growth strategy for India, the company also marked the launch of two new EVs in the country – the 5-seater made-in-India EQS 450 SUV and the G 580 with EQ Technology.

Mercedes-Benz India also announced its 2025 roadmap for the country ‘Desire to Exceed’, which will see 8 new product launches in addition to facelifts and 20 new luxury touchpoints including expanding to new markets.

It expects its franchise partners will make investment of over INR 4.5 billion towards over the course of next three years.

Mercedes-Benz India has also pledged INR 75 million towards road safety initiatives in the country.

"At Mercedes-Benz, we will continue to shape the future of mobility in the digital era —pushing the boundaries of customer experience, service offerings, innovative products, and sustainability. Our commitment remains unwavering in providing excellence through tailored solutions crafted specifically for India, ensuring the best possible ownership experience for our customers,” concluded Iyer.

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has announced its financial results for Q1 FY2027.

The company reported net sales of INR 499.59 billion, up 36 percent YoY, as compared to INR 366.206 billion for the same period last year. The net profit saw a decline of 10 percent YoY, to INR 33.52 billion, from INR 37.58 billion, on the back rise in material cost due to the ongoing geopolitical situation.

During Q1, the wholesales grew by 29.3 percent YoY, with domestic small car sales seeing 34 percent growth, while SUVs and exports clocked 44.6 percent and 28.6 growth YoY, respectively. 

Maruti Suzuki India said its inventory level was at 13 days, despite sales growth on the commissioning of its second plant in Kharkhoda.

The company also has announced an investment of INR 5.61 billion towards setting up 4 compressed biogas (CBG) projects, which would serve as a key learning opportunity to plan future expansion for the same.

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Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has received the 2026 Red Dot Brand & Communication Design Award in the Interior Architecture category for the office space at its Pune manufacturing facility.

The selection represents the first instance of an automotive manufacturing site receiving a Red Dot Award for its administration and employee support facilities. The design layout at the Pune plant combines individual workspaces with open collaboration zones. The office incorporates employee support infrastructure, including a mother care room, dedicated meditation rooms, meeting areas fitted with writing surfaces to address language differences, personal lockers, and central document storage units for paper-based operational workflows.

Architecturally, the building utilises biophilic design elements, including interior landscaping, a central courtyard configuration and upcycled terrazzo flooring. The spatial design was developed following workforce analysis covering employee demographics, gender diversity and team communication patterns.

Tarun Garg, Managing Director & CEO, Hyundai Motor India, said, “Winning the prestigious Red Dot Award is a proud milestone for Hyundai Motor India and for the global manufacturing community. The award-winning facility at our Pune Plant demonstrates how thoughtful workplace design can positively influence collaboration, employee well-being and operational excellence. Every space has been created with our people at the centre, encouraging innovation, inclusivity and sustainability while reflecting Hyundai’s global design philosophy. This recognition reinforces our commitment to building world-class manufacturing ecosystems where exceptional products begin with exceptional workplaces.”

The award acknowledges the integration of administrative facility design within an industrial automotive context, setting standard practices for employee environment design in manufacturing complexes.

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Hyundai Motor India, one of the leading passenger vehicle manufacturers, has strengthened its Board with the elevation of Mukundan MS as Whole-time Director, effective 1 September 2026.

He is a mechanical engineer holding a Master of Business Administration (MBA), currently serves as Function Head of Production in the Chief Manufacturing Officer's office. His career spans 25 years across plant operations and production management, including supervision of capacity expansion at Hyundai's Chennai Plant 1 and integration of mixed internal combustion engine and electric vehicle assembly lines.

In addition, Young Geon Kim has been appointed to a leadership role effective 1 August 2026. Kim possesses three decades of experience in vehicle manufacturing, production technology and plant operations. Having joined Hyundai Motor India in 2025 following senior roles during the setup of Hyundai's Brazil manufacturing plant, he has overseen Genesis production readiness, Chennai plant integration and facility setup initiatives for the company.

On the other hand, Gopalakrishnan CS, Whole-time Director, Hyundai Motor India, is set to retire on 31 August 2026, due to superannuation.

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Hyundai Motor India, one of the leading passenger vehicle manufacturers, has announced its Q1 FY2027 results with revenue at INR 163 billion in revenue, which was marginally lower than INR 164 billion a year ago.

The EBITDA came at INR 15.11 billion, down 31 percent YoY, while net profit dropped 35 percent YoY to INR 8.88 billion.

Hyundai Motor India stated that fiscal 2027 began robustly, with cumulative sales in April and May growing 13 percent YoY and domestic volumes for the full quarter rose 5.4 percent to 139,374 units. However, a fire at a supplier facility constrained production in June, limiting overall growth. Total sales (including exports) stood at 178,082 vehicles, down 1.3 percent YoY, while exports fell to 38,708 units amid the residual impact of the US-Iran conflict on Middle East shipments and the production halt.

The company reported that its all-new Venue clocked its best-ever quarterly sales in the domestic market, while Aura and Exter attained highest-ever CNG penetration of 95 percent and 32 percent, respectively.

The rural market performed better than urban market, with penetration now reaching at an all-time high of 26 percent.

Supported by production normalisation, festive demand, new launches and capacity expansion, Hyundai Motor India expects to deliver its stated 8–10 percent volume growth guidance for FY2027 while driving sustainable and profitable growth.

Tarun Garg, Managing Director & Chief Executive Officer, Hyundai Motor Indai, said, “Q1 FY2027 was a challenging quarter affected by multiple headwinds impacting volumes and profitability. With 100 percent normalisation of production, coupled with healthy demand environment and upcoming product pipeline, recovery is likely to gain pace from Q2 onwards across both domestic and export businesses. Looking ahead, we remain committed to achieving our stated guidance of 8-10 percent YoY volume growth for both domestic and exports as well as 11-14 percent EBITDA margin in FY27.”

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