Mercedes-Benz To Combine Financial Business With Auto Sales Business

Mercedes-Benz AG

German automotive luxury brand Mercedes-Benz has announced its plans to integrate customer activities from vehicle sales and financial services into one organisation at the end of the year. The move aims to enhance efficiency, leverage synergies and enable system harmonisation.

A key step in this transformation is the planned merger of Mercedes-Benz Mobility (MBM AG) into Mercedes-Benz on 31 December 2025, subject to regulatory approval. Core functions of the financial services business will remain under the Mercedes-Benz Financial Services unit to meet central regulatory requirements.

Furthermore, Franz Reiner, Chairman of the Board of Management of Mercedes-Benz Mobility, will leave the company on 31 December 2025, at his request. Reiner began his career at the former Daimler-Benz in 1992 and held management positions, including CEO of Mercedes-Benz Mobility since 2019.

Harald Wilhelm, Member of the Board of Management of Mercedes-Benz Group, responsible for Finance & Controlling and Chairman of the Supervisory Board of Mercedes-Benz Mobility, said, “With his visionary and value-driven leadership, Franz Reiner has shaped the development of Mercedes-Benz Mobility for more than three decades. As a true entrepreneur within the company, he combines an exceptional sense for customer needs with a strong commitment to our dealer network. Through his international experience, he has played a decisive role in advancing the success and sustainable growth of our financial services business, positioning the organisation for the future. We sincerely thank him for his outstanding dedication, integrity, and pioneering spirit, and wish him all the very best for the future.”

Peter Henn, currently President & CEO of Mercedes-Benz Financial Services USA and Head of Mercedes-Benz Mobility North America, will assume global leadership of Mercedes-Benz Financial Services on 1st May 2026.

Until that date, Henn will continue to oversee the transformation in North America and support the relocation of the Financial Services organisation from Farmington Hills, Michigan, to Atlanta, Georgia.

Tolga Oktay, currently Member of the Board of Management for Finance and Controlling at Mercedes-Benz Mobility, will take interim responsibility for the Financial Services business, reporting to Harald Wilhelm.

Henn joined the company in 2007 and was appointed to the Board of Management of the former Daimler Financial Services in 2014, responsible for the Africa & Asia-Pacific region, before taking his current role.

Harald Wilhelm, added: “With Peter Henn, we are gaining an experienced and internationally minded leader to head Mercedes-Benz Financial Services. Throughout his more than 25-year global career, Peter has consistently demonstrated his ability to guide teams successfully through major transformation phases and deliver strong business results – always with a clear focus on a strong company culture and the highest standards of integrity and compliance.”

Maruti Suzuki e Vitara Gets 5-Star Bharat NCAP Safety Rating

Maruti e Vitara

Maruti Suzuki India has been awarded a 5-star Bharat NCAP safety rating for its e Vitara, marking a moment for the company's electric vehicle strategy.

The e Vitara is built on Suzuki’s Heartect-e platform designed for electric vehicles to deliver strength, structural rigidity and advanced high voltage protection. The ‘Made-in-India, Made-for-the-World’ e Vitara is designed and tested for temperature conditions across the world, ensuring performance from as high as 60deg Celsius to as low as -30deg Celsius. The model is offered with 49 kWh and 61 kWh battery options.

Nitin Gadkari, Minister of Road Transport and Highways of India, said, “Congratulations to Maruti Suzuki for achieving 5-star Bharat NCAP in both adult and child occupant protection for their e Vitara. I am especially glad that Maruti Suzuki has shown real leadership in providing 7 airbags as a standard across all variants of the e Vitara.”

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “The 5-star Bharat NCAP rating for e Vitara, our first Battery Electric Vehicle, is a moment of immense pride for all of us at Maruti Suzuki. Using the Bharat NCAP 5-star rating, we will export the e Vitara to more than 100 countries of the world. Bharat NCAP’s globally benchmarked stringent vehicle test protocols have been a catalyst in empowering customers to make informed decisions. I thank the Minister Gadkari, the officials in his Ministry and test agencies for their rigorous efforts and commitment in shaping India’s journey towards safe mobility.”

The e VITARA’s body structure uses more than 60 percent ultra-high tensile and high-tensile strength steel. Its battery protection system incorporates a structural design with an energy-absorbing battery pack mounting structure.

Key safety features include 7 standard airbags (including the Driver's knee airbag), Level 2 ADAS (Automatic Emergency Braking, Lane Keep Assist, Adaptive Cruise Control), Hill Hold Control, ABS with EBD and Brake Assist, Electronic Stability Program (ESP) and a 360-degree Surround View Camera.

Mahindra Launches First Dealership-Based Ultrafast EV Charger In Anantapur

Mahindra Charger

Mahindra has marked a major milestone in its nationwide electric vehicle (EV) infrastructure expansion with the inauguration of its first dealership-based ultrafast charger – a 180 kW Charge_IN station.

This is the first of many such installations planned across Mahindra dealerships, forming a key pillar of the company’s commitment to building India’s ultrafast charging network.

This initiative scales up Mahindra’s Charge_IN ecosystem, complementing the 250 highway fast-charging stations already announced. The new 180 kW ultrafast chargers will enable EV users to charge quickly and conveniently at strategically located dealerships across the country, with 24x7 on-ground support.

Hyundai Motor India Wholesales Grow 9.1% In November

Hyundai Creta

Hyundai Motor India, one of the leading passenger vehicle manufacturers, has reported wholesales of 66,840 units in November 2025, up 9.1 percent YoY as against 61,252 units last year.

This includes domestic sales of 50,340 units, up 4 percent YoY and exports of 16,500 units, up 27 percent YoY.

Tarun Garg, Whole-time Director & Chief Operating Officer, Hyundai Motor India, said, “Supported by GST 2.0 reforms, we continue to carry forward sales momentum with a year-on-year growth in our monthly domestic sales in November 2025. Further, our commitment to bolstering India’s role as a global manufacturing hub is further solidified with 26.9% year-on-year growth in monthly exports.”

He further added that the all-new Hyundai Venue SUV, the company's first software-defined vehicle in India, has received more than 32,000 bookings within a month of its launch. The new Venue features ccNC infotainment powered by Nvidia.

Toyota Kirloskar Motor Reports 28% Sales Growth In November

Toyota

Toyota Kirloskar Motor (TKM) has announced its wholesales for November 2025, reporting total sales of 33,752 units, up 28 percent YoY.

This includes 30,085 units sold in the domestic market and 3,667 units exported.

Varinder Wadhwa, Vice-President, Sales–Service–Used Car Business, Toyota Kirloskar Motor, said, “Following a positive festive season supported by the government’s progressive GST reforms, we continue to witness a strong momentum, with a growth of 19 percent. The recent introduction of the Urban Cruiser Hyryder Aero Edition and Fortuner Leader Edition has also continued to help us reinforce this growth trajectory, receiving recognition across the country. The innovative initiatives such as the Drum Tao and the launch of the toyota experiential museum (tem) in Bangalore, have been highly appreciated, further strengthening customer engagement and brand connect.”