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        New SUV from Mercedes in Delhi

        Satish Kalepu

        Satish Kalepu

        Mercedes Benz announced the launch of its new SUV Mercedes M Class in India. "The new M-Class offers best of both the worlds—the highest levels of luxury, comfort and on-road refinement combined with excellent off-road capabilities and best-in- class safety standards," Mercedes-Benz India's CEO and Managing Director, Wilfried Aulbur, said in a statement in Mumbai. "We have maintained the same price for this product despite significant enhancements of equipment, features and performance...thus making the best value for money offering in this segment," he added.

        Mercedes Benz MClass

        The new M class will be available in two engines – ML 350 CDI and ML 320 CDI. ML 350 is would be available at a price tag of Rs. 53.77 lacs, at the same time ML 320 CDI is priced at Rs. 54 lacs.

        Mercedes also plans to increase its R&D head count in India. It intends to India its key research and development hub within the next few years. The company is looking to hire as many as 700 new engineers in the next few years for its R&D operations in Bangalore, which is slated to become its second biggest research hub globally after Germany.