The iconic Mercedes Gelandewagen, popularly known as G-Class, will pack a robust electric powertrain under the hood, informed Mercedes-Benz India Chief Executive Officer Santosh Iyer during the company’s fourth Annual Press Conference. 

Unveiling the new G 580, Vice President Sales and Marketing Lance Bennett said, “The electric Gelandewagen is powered by the EQ technology and more. Electrifying this iconic vehicle presented several challenges as we needed to preserve its signature design and legendary off-road capabilities. Integrating EV components required us to develop a unique drive system featuring four individual electric motors.”  

“At the rear, the motors are connected to form a rigid axle, ensuring exceptional off-road traction. The axle is equipped with a two-speed gearbox, enabling gear reduction for low-range, off-road performance. The G 580 stands apart from other G-Class models with its raised bonnet and rear wheel arch air curtains. These elements are seamlessly integrated to improve aerodynamics and acoustic performance.”  

The electric variant delivers 587 horsepower and an astounding 1,164 Nm of torque, courtesy of its four electric motors. It accelerates from 0 to 100 km/h in just 4.7 seconds. Powered by a large 116 kWh battery and an intelligent recuperation system, it offers a WLTP range of up to 473 kilometers. Fast charging from 10 percent to 80 percent takes only 32 minutes.  

Like every G-Class, the G 580 underwent the legendary Schöckl test, completing the grueling trail 336 times. This symbolic number guarantees every G-Class meets the highest standards of durability, reliability and off-road capability, earning it the Schöckl badge displayed on the B-pillar.  

“To put this into perspective, the G 580 can complete the Schöckl trail 13 times on a single charge. Its electric drivetrain and low-range gearbox make it the most capable off-roader in its class. It can climb inclines of up to 45 degrees—even in reverse—and wade through water up to 850 mm deep,” added Bennett.   

“Engineers have designed a water- and dust-proof battery pack, encased within the ladder chassis. The innovative four-motor drive system also allows for unique off-road maneuvers, enabling the vehicle to pivot on the spot by up to 720 degrees. This feature ensures that if you reach a dead end on a trail, you can turn around with ease.

Another highlight is the G-Steer function, which tightens the turning circle off-road by braking the inner wheel to slide the rear end around sharp bends,” revealed the executive.   

Inside, the electric off-road cockpit and Dynamic Select system offer a range of driving modes. In Rock Mode, the G 580 crawls effortlessly in low range with speed adjustable via steering wheel paddles, making hill ascents and descents seamless.  

The G 580 is available in a special Edition 1 model, offered in five colors including the exclusive Manufaktur South Sea Blue Magno. This edition features AMG line styling, the night package and 20-inch black alloy wheels. Additional details include blacked-out door handles with keyless go and blue brake calipers.  

The G580 is priced at INR 30 million (ex-showroom, pan-India). This icon has already garnered electrifying demand and is sold out until Q3 2025! Bookings and deliveries for the G 580 will start in Q4 2025, noted a company official. 

EQS 450 SUV

The company also launched its 5-Seater EQS 450 SUV during the event. Commenting on the same, Iyer noted, “The EQS 450 SUV builds on the success of the EQS 580, which we launched a few months ago. The EQS 450 caters to customers seeking cutting-edge technology, generous space, and sustainability at its core.”  

“We launched the EQS 580 in September last year in a 7-seater configuration. The response was phenomenal. We received feedback that there was a demand for both 7-seater and 5-seater variants. The EQS 580 exceeded all expectations, selling out within three months of its launch. Deliveries for the 7-seater will resume in April 2025, while the 5-seater variant is set to roll out soon.  The EQS SUV line-up now includes two configurations: the 7-seater EQS 580, ideal for larger families with pets and frequent travel needs and the 5-seater EQS 450, designed for nuclear families who still want generous luggage space,” he added.   

The EQS 450 comes in the electric art line, which distinguishes it from the 7-seater variant. It boasts features like energising air control, advanced luggage capacity and an impressive WLTP-certified range of 820 kilometers, making it one of the longest-range electric SUVs.  

It is priced at INR 12.8 million(ex-showroom). Deliveries will begin in February 2025. 

Look back into 2024

It was reported that Mercedes-Benz India achieved its best-ever sales of 19,565 units during the January to December 2024 period, representing a 12.4 percent increase compared to the 17,408 units sold in the same period in 2023. Growth during the second half of 2024 (July to December) was noted to be a strong 16 percent.

The fastest-growing segment was top-end vehicles (TEVs), which experienced a 30 percent year-to-date (YTD) growth. It was also highlighted that one out of every four Mercedes-Benz cars sold in India in 2024 was a TEV.
Battery electric vehicles (BEVs) also marked its best-ever sales with a 94 percent YTD growth, achieving over 6 percent sales penetration. It was noted that Mercedes-Benz introduced four new BEVs in 2024 namely, EQA 250+, EQB SUV, EQS SUV 580 and the Maybach EQS SUV. This expansion of the BEV portfolio reportedly generated significant customer interest and reinforced Mercedes-Benz’s leadership in the luxury BEV segment by achieving its highest-ever annual BEV sales.  

Moreover, the company achieved the sale of 200,000 cars in India since 1994. It was mentioned that of these, 100,000 cars were sold in just the last six years (2019–2024). 

Mercedes-Benz Financial Services also achieved a portfolio of INR 10 billion in India with over 50 percent penetration. It was stated that every second Mercedes-Benz retailed in India was financed through the service, which also attained an 80 percent insurance penetration rate. 

Road Ahead

The company revealed plans for the launch of eight new models in 2025 with most focusing on BEVs and TEVs to offer consumers the latest products and cutting-edge intuitive technology. The company was also reported to expand its luxury network reach in 2025, planning 20 new luxury outlets supported by a commitment of over INR 4.5 billion in investment from franchise partners over three years.

It was stated that the focus on TEVs extended beyond cars with plans to partner for dedicated stores selling Maybach collection items, the first of which would be opening in Bengaluru.

Mercedes-Benz India announced a collaboration with Tata Cliq Luxury to allow enthusiasts to purchase or gift exclusive Mercedes-Benz collection items online through the ‘House of Mercedes-Benz’. 

To mark the milestone of 200,000 vehicles on Indian roads, Mercedes-Benz reportedly launched several corporate citizenship initiatives. The company committed INR 75 million to road safety initiatives aimed at reducing accidents and fatalities on highways like the ‘Samrudhhi Mahamarg’ and the ‘Nizamabad Corridor’ in Hyderabad.

Additionally, a new retail campaign was launched to celebrate the 200,000 milestone, offering exclusive event invitations to existing customers and a chance for a lucky new customer to attend the F1 race in Monaco.

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  - uthpsl May 04, 2025 20:09 PM

  Mercedes-Benz is redefining luxury and innovation with the all-electric G 580-combining rugged off-road legacy with cutting-edge EV tech. The 4-motor setup, Schöckl-tested toughness, and futuristic features make it a game-changer. Pair that with the EQS 450’s record-breaking range, and it’s clear: the future of electric luxury is already here!

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Hyundai Motor India (HMIL) has released its unaudited financial results for Q3 FY2026 and nine months ending 31 December 2025.

The company reported a Profit After Tax (PAT) of INR 123.44 billion for Q3, representing a 6.3 percent increase YoY. Revenue for the quarter reached INR 1,797.35 billion, up 8 percent compared to the same period last year. EBITDA stood at INR 2,018.3 billion, a 7.6 percent rise, supported by festive demand and the implementation of GST 2.0.

The company stated that the domestic demand was supported by wholesale volumes increasing 5 percent QoQ. The Hyundai Creta recorded sales of over 200,000 units in the 2025 calendar year, while the new Venue model has received nearly 80,000 bookings to date.

Hyundai Motor India also entered the commercial mobility segment with the Prime HB and SD taxi models. Exports grew by 21 percent YoY in Q3 FY26, accounting for 25 percent of the total sales mix.

For the nine-month period, EBITDA reached INR 6,632.5 billion, a 3.3 percent increase. EBITDA margins expanded to 12.8 percent, up from 12.5 percent in the previous year, despite costs related to capacity stabilisation and commodity prices.

Tarun Garg, Managing Director & Chief Executive Officer, said, “The third quarter performance underscores our resilience and strong execution of 'Quality of Growth' strategy, marked by healthy growth in volumes, revenue and profitability. Notably on a year-to-date basis, EBITDA margins expanded to 12.8 percent as against 12.5 percent last year, supported by our efforts towards improving sales mix and prudent cost control measures. As we move ahead, the robust January’26 sales number gives us great momentum towards a healthy 2026.”

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Stellantis-owned Jeep has announced its Strategic Plan Jeep 2.0, positioning India as a central hub for its operations in the Asia Pacific region. The plan focuses on localisation, manufacturing depth, and export expansion from the company's facility in Ranjangaon, Pune.

As part of the strategy, Jeep intends to increase localisation levels to 90 percent, up from the current 65–70 percent. This move is aimed at strengthening supply-chain resilience and cost competitiveness. The Ranjangaon plant, which has an annual capacity of 160,000 vehicles, currently exports the Compass, Meridian, and Commander to markets including Japan, Australia and New Zealand. Plans are underway to expand exports to Africa and North America.

The company plans to introduce a new vehicle lineup in India starting from 2027. In the interim, Jeep will maintain its current portfolio through refreshes and special editions. To support its customers, the brand has introduced the Confidence 7 programme, which includes a buyback scheme, pre-maintenance packages, and extended warranties.

At present, Jeep operates over 85 sales and service touchpoints across 70 cities in India. The automaker stated that in 2025, the Wrangler Willys 41 limited edition sold out within seven days. The company is also focusing on its owner community, which has reached 100,000 members, through experiential platforms and brand clubs.

Shailesh Hazela, CEO & Managing Director, Stellantis India, said, “Jeep’s 85-year legacy is built on authenticity and adventure. Strategic Plan Jeep 2.0 lays out how we will sharpen our product strategy and strengthen the customer experience year after year, driven by deeper localisation, global product alignment, expanding our vehicle offerings, and programs that deliver real value. We are equally focused on taking care of our existing customers, ensuring they receive the support, service and confidence they expect from Jeep. Success in India demands resilience and long-term commitment and we are investing with that clarity to ensure Jeep remains a brand of pride and desirability.”

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported its financial results for Q3 FY2026.

The company reported revenue of INR 475.344 billion, as against INR 368.02 billion last year, net profit came at INR 37.94 billion, as against INR 36.59 billion last year. It is to be noted that the net profit was impacted for Q3 FY2026 was impacted due to a one-time provision of INR 5,939 million relating to new Labour Codes.

During the period, the company achieved its highest quarterly domestic sales of 564,669 units, an increase of 97,676 units over the previous year. Total sales reached 667,769 units, which included 103,100 units in exports. This performance was supported by a recovery in the car market following GST reform, with the small car segment in the 18 percent GST bracket contributing significantly to the volume increase.

For the nine-month period from April to December 2025, the company recorded its highest sales volume, net sales and net profit. Total sales volume reached 1,746,504 units, with domestic sales at 1,435,945 units and exports at 310,559 units. Net sales for this period increased to INR 1,242 billion, while net profit grew to INR 1,085 billion.

Financial statements for the period have been restated following the amalgamation of Suzuki Motor Gujarat (SMG) with MSIL. This process took effect from 1 April 2025. The company continues to monitor market conditions as it manages its manufacturing and sales operations.

The recovery in the car market was led by the small car segment. Sales growth in this category accounted for 68,328 units of the total domestic increase. The company remains focused on domestic and export markets to maintain its sales volumes.

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Volkswagen Passenger Cars India has showcased the Tayron R-Line, marking the first of five product interventions scheduled for 2026.

The company plans to introduce updates or new models in every quarter to maintain market presence. These interventions will include SUV, Sedan and Hatchback body styles, with each model intended for different segments of the premium market.

For 2026, the company stated it has established objectives focused on products, customer engagement and experiences. The strategy involves using product actions to address various customer sets throughout the year. The brand aims to sustain interest through these quarterly releases across its vehicle portfolio.

The roadmap for the year is designed to cover multiple segments, ensuring a consistent rollout of updates. By addressing three body styles, the manufacturer intends to reach a broad audience within the premium category. The initiative forms part of a wider plan to enhance the ownership experience and interaction with the brand in India.

Nitin Kohli, Brand Director, Volkswagen Passenger Cars India, said, “Today, we are glad to showcase the Tayron R-Line for the first time in India. I am also delighted to announce that we have planned four more product interventions throughout the year. This year, every quarter will witness a new product intervention that will cater to a different premium customer set. Our objective is to continue building excitement for customers through smart product actions and introducing models that will continue to build aspirations.”

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