- 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 |
Honda Cars India Launches Elevate ADV Edition At INR 1.52 Million As New Flagship Trim
- By MT Bureau
- November 03, 2025
Honda Cars India (HCIL) has introduced the Elevate ADV Edition at prices starting INR 1.529 for the MT single tone edition and INR 1.66 million for the CVT dual tone edition.
The new trim is positioned as the new flagship grade in the popular Honda Elevate SUV line-up.
The ADV Edition features a number of external upgrades, including a new Alpha-Bold Plus grille with black surround and a hood decal accented with orange highlights. The overall exterior appeal is enhanced by black roof rails, ORVMs (Outside Rear-View Mirrors) and window beltline moulding. Distinctive touches include ADV emblems on the fenders and black alloy wheels with orange accents.
Inside, the cabin features a black interior theme with vibrant orange accent detailing. A standout feature is the ADV Terrain Pattern Backlit Illuminated Instrument Panel Garnish, described as creating a futuristic style. Customers can also opt for a 360degree surround view camera.
The Elevate ADV Edition is powered by the 1.5-L i-VTEC petrol engine, available with a 6-speed manual or a 7-speed CVT automatic transmission with Paddle Shifters.
Safety features include Honda Sensing, the advanced driver-assist system (ADAS), which incorporates Collision Mitigation Braking System, Lane Keep Assist and Adaptive Cruise Control. The vehicle is built with the ACE Body Structure and includes six airbags and a LaneWatch camera.
Kunal Behl, Vice-President, Marketing and Sales, Honda Cars India, said, “The Honda Elevate has received a positive response from customers across the country due to bold looks and highly engaging performance. With the introduction of the Elevate ADV Edition as the top trim, we aim to offer more choices to customers with different preferences. This new model features an even bolder and sharper design, blending style with Honda’s trusted quality and refinement, making it the perfect companion for every journey. We are excited to welcome more customers to experience this exciting new addition.”
Honda Cars India Reports 10,518 Unit Wholesales In October 2025
- By MT Bureau
- November 01, 2025
Honda Cars India, a leading passenger vehicle manufacturer, has reported total wholesales of 10,518 units for October 2025.
The company recorded domestic sales of 6,394 units for the month, which marks a 15.3 percent growth as compared to 5,546 units last year.
Honda also exported 4,124 units in October 2025. In comparison, exports in October 2024 stood at 4,534 units. The company noted the strong performance of the Honda Amaze as a key driver of the growth.
Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “The festive sales and GST 2.0 announcement fuelled robust demand across our line-up of City, Amaze and Elevate during October. The Amaze being the only car under 10 lakh price segment to offer ADAS safety and smooth CVT performance has been strongly appreciated by consumers registering strong sales growth.”
JSW MG Motor India Reports 9% Decline In October Sales
- By MT Bureau
- November 01, 2025
JSW MG Motor India has reported a decline of 9 percent in it wholesales for October 2025, with sales of 6,397 units, as compared to 7,045 units sold for same period last year.
On the other hand, the company reported a 20 percent YoY increase in wholesales during the August–October 2025 festive period.
The MG SELECT model retained its second position in the luxury electric vehicle (EV) segment, registering an impressive 62 percent MoM growth.
Hyundai Motor India Reports 53,792 Wholesales In October
- By MT Bureau
- November 01, 2025
Hyundai Motor India, one of the leading passenger vehicle manufacturers, has achieved total monthly sales of 69,894 units in October 2025. The volume includes 53,792 units in domestic sales.
The company stated its performance was driven by the domestic market, and it also bolstered its position as a global manufacturing hub, with exports touching 16,102 units, marking an 11 percent YoY growth.
Furthermore, the Hyundai Creta and Venue SUV duo achieved their second-highest-ever combined monthly sales of 30,119 units.
Tarun Garg, Whole-time Director & Chief Operating Officer, Hyundai Motor India, said, “October 2025 was a month driven by the festivals of Dussehra, Dhanteras and Diwali, further complimented by the positive impact of GST 2.0 reforms. This provided a significant boost to the Indian automotive industry. At Hyundai Motor India, we witnessed robust market demand and high consumer enthusiasm leading to second highest monthly sales of our formidable SUV duo – the Hyundai Creta and Venue combined, with 30,119 units sold. We expect to accelerate this momentum with the upcoming launch of all-new Hyundai Venue, which is already open for bookings.”

Comments (0)
ADD COMMENT