Latest news with #Mercedes-MaybachS680
India.com
30-05-2025
- Automotive
- India.com
Meet India's youngest owner of Mercedes-Maybach S680 Super Luxury Sedan worth Rs..., not Isha Ambani, Akash Ambani, Anant Ambani
New Delhi: We frequently share success stories of individuals from different fields. Today we will talk about Abhishek Monty Agarwal, a graduate of IIT Bombay, who has become the youngest Indian to own a Mercedes-Maybach S680 saloon sedan which is counted among the world's most expensive luxury SUVs. He took the delivery of the brand-new luxury car from a Mercedes dealership in Mumbai. Abhishek was 33 when he bought the Mercedes-Maybach S680 sedan. He founded one of India's biggest fashion houses, Purple Style Labs, after graduating with an M. Tech in Aeronautics Engineering from IIT Bombay. Viral Bhayani, a celebrity photographer and content creator shared the pictures of the car being delivered to Abhishek Agarwal. Abhishek's Mercedes-Maybach S680 has got Bharat registration, which allows for seamless travel throughout the states of India without the need to change the registration plate. The Maybach S680 is based on the standard S-Class luxury sedan which is all about luxury and comfort and has gained popularity among wealthy Indian businessmen and celebrities. Its features include electrically adjustable seats, Nappa leather upholstery, rear-seat entertainment screens, a recliner function for all seats, a massage feature, and both heated and cooled seats. Passengers can control a variety of features from the rear without disturbing the driver. Even the doors of the S680 feature gesture control, allowing occupants to close them automatically without pulling them manually. The driver has buttons to control the rear doors. The Maybach S680 is also available with various customization options. At almost 5.5 meters long, the S680 is currently one of the longest cars available for sale in the Indian market. The S680 is powered by a 6.0-liter V12 turbocharged petrol engine that generates 612 PS and 900 Nm of peak torque. The engine is mated to a 9-speed automatic transmission, and power is sent to all four wheels via Mercedes' 4MATIC technology. Among celebrities in India who own Maybach sedans and SUVs include Kiara Advani, Anil Kapoor, Shahid Kapoor, Sanjay Dutt, Janhvi Kapoor, Shah Rukh Khan, Deepika Padukone, Ranveer Singh, Taapsee Pannu, Shilpa Shetty, Neetu Kapoor, Ayushmann Khurrana, and Ajay Devgn.
Time of India
12-05-2025
- Automotive
- Time of India
Mercedes Benz hikes prices in India over rising forex rates
1 2 3 Kolkata: Mercedes-Benz has announced a price hike of up to 3% on models ranging from the C 200 to the Maybach S 680, citing the steep hike in forex rates since Jan that impacted the cost structure of imported cars and price hike will be effective in two phases, first from June 1 and again from Sept 1. The company hopes the staggered hike will allow customers the flexibility to plan their purchases to match their financial India managing director & CEO Santosh Iyer pointed out that forex rates increased by around 10% over the last four months, hiking the prices of components and CBU products. "MBI has continued to absorb this steep cost increase so far, it is now compelled to pass on minimal cost onto the market to offset the impact on operational expenses and maintain business sustainability. The company is passing only a marginal portion of the steep price increase to customers, as it continues to deepen localisation initiatives," Iyer the first phase, the price corrections will range from Rs 90,000 for a C-Class to Rs 12.2 lakh for the Mercedes-Maybach S 680. In the second phase, the price correction will be around 1.5%.The official further pointed out that services from Mercedes-Benz Financial Services, like reduced EMI and partial ownership via Star Agility, will ensure that the monthly EMI outflow for customers will remain largely unchanged despite the minimal price revision, thereby minimising the impact on their expenses. For models like the GLA and GLC, the EMI difference will be less than Rs 2, Mercedes-Benz has announced a price hike of up to 3% on models ranging from the C 200 to the Maybach S 680, citing the steep hike in forex rates since Jan that impacted the cost structure of imported cars and price hike will be effective in two phases, first from June 1 and again from Sept 1. The company hopes the staggered hike will allow customers the flexibility to plan their purchases to match their financial India managing director & CEO Santosh Iyer pointed out that forex rates increased by around 10% over the last four months, hiking the prices of components and CBU products. "MBI has continued to absorb this steep cost increase so far, it is now compelled to pass on minimal cost onto the market to offset the impact on operational expenses and maintain business sustainability. The company is passing only a marginal portion of the steep price increase to customers, as it continues to deepen localisation initiatives," Iyer the first phase, the price corrections will range from Rs 90,000 for a C-Class to Rs 12.2 lakh for the Mercedes-Maybach S 680. In the second phase, the price correction will be around 1.5%.The official further pointed out that services from Mercedes-Benz Financial Services, like reduced EMI and partial ownership via Star Agility, will ensure that the monthly EMI outflow for customers will remain largely unchanged despite the minimal price revision, thereby minimising the impact on their expenses. For models like the GLA and GLC, the EMI difference will be less than Rs 2,000.
Time of India
12-05-2025
- Automotive
- Time of India
Mercedes cars in India to get costlier by up to Rs 12.2 lakh from this date: Here's why
Mercedes cars in India to get costlier. Mercedes-Benz India is set to introduce a two-stage price hike across its model lineup, citing a steep 10% rise in forex rates over the past four months. The German luxury carmaker announced that the first phase of the price adjustment would take effect from June 1, 2025, with hikes ranging from Rs 90,000 for the C-Class to a significant Rs 12.2 lakh for the Mercedes-Maybach S 680. A second phase, scheduled for September 1, 2025, will bring an additional 1.5% increase across all models. Mercedes-Benz price hike: Here's why it is being implemented The company stated that while it has been absorbing much of the cost pressures triggered by currency fluctuations, a partial pass-through to customers has become necessary. The company, however, said that it continues to deepen its localization initiatives to minimize the impact of rising component and CBU import costs. Mercedes-Benz EQA 250 Long-term Review: Things to know before Buying | TOI Auto by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your Finger Shape Says a Lot About Your Personality, Read Now Tips and Tricks Undo To ease the financial burden, Mercedes-Benz Financial Services is introducing schemes designed to keep monthly EMI payments largely unchanged, even with the price hike. In addition to price adjustments, the carmaker is aiming to offer minimal EMI differences: as low as Rs 2,000 for models like the GLA and GLC, post price revision. The revised ex-showroom prices will reflect the increase from June 1, 2025, and further adjustments are scheduled for September 1, 2025. Stay tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X. Discover everything about the automotive world at Times of India .
The Hindu
09-05-2025
- Automotive
- The Hindu
Mercedes-Benz India to raise prices by up to ₹12.2 lakh to partly offset a spike in forex rates
Mercedes-Benz India has announced ex-showroom price hike of it's models in the range of ₹9 lakh to ₹12.2 lakh and then by 1.5% later to partly offset a steep 10% increase in forex rates over the last four months. The company has been impacted due to price rise of components and Completely Built Units (CBU). 'While the company absorbs the bulk of the price hike, only a marginal portion is passed on to the market, as Mercedes-Benz India continues to deepen its localization initiatives,' the company said in a statement. The price hike will be in two phases, starting 1-June and then from 1-September to help customers plan their purchases and finance. 'Price corrections will range from ₹90,000 for a C-Class to ₹12.2 lakh for the Top-End Luxury vehicle, Mercedes-Maybach S 680. The second phase of the price revision to the tune of 1.5% will be effective from 1, September 2025,' the company added,' the company said.
&w=3840&q=100)
Business Standard
09-05-2025
- Automotive
- Business Standard
Mercedes-Benz India focuses on deep localisation as forex hit push costs up
Luxury carmaker to raise prices in two phases in 2025 due to forex pressures while expanding localisation to protect margins and banking on India's economic resilience Sohini Das Mumbai Listen to This Article Amid geopolitical tensions and escalations between India and Pakistan, Mercedes Benz India sees 2025 to be a relatively 'tough year' but bets on the resilience of the Indian economy to drive demand for luxury cars. The German luxury carmaker, which leads India's 50,000-odd units annual luxury car market, announced a price increase in the range of ₹90,000 (for a C-Class) to ₹12.2 lakh (for the Mercedes-Maybach S 680) in two stages (June and September) as forex rates increased. According to data from Bloomberg, the rupee has depreciated by 7.19 per cent year-to-date (YTD) vis-a-vis the Euro. Speaking to Business Standard, Mercedes
