"There is a huge potential in pre-owned car market in India and its a very lucrative business for us. Therefore, BMW India is planning to set up its pre-owned car selling business in September this year," said Andreas Schaaf, BMW India president commenting on this development.
Currently BMW sells more than a dozen models in India out of which eight assembled locally at its Chennai plant
The BMW X5 is the largest SUV one can buy with the famous blue and white logo from Bavaria.
The BMW 5-Series is the ultimate executive luxury sedan which blends excellent driving pleasure with uber luxury that too in a timeless design.The 5-Series F10 model, introduced in India in 2010 updated in 2013, is now available in the 530d M-Sport variant which is a slight departure from the normal 5-Series - as explored by Indian automobile website MotorBeam.com.
BMW on Tuesday said the Indian market was yet to produce requisite business 'volumes' for the firm to set up a manufacturing unit in the country, but added that any moves now were exploratory and did not have a specific timeframe.\n\n
Luxury car maker BMW is skeptical of the viability of launching another brand 'Mini' in the country, a company official said.
Globally, the firm's motorcycle venture is known as BMW Motorrad and it will initially sell its products at three outlets in Delhi, Mumbai and Bengaluru.
Globally, the firm's motorcycle venture is known as BMW Motorrad and it will initially sell its products at three outlets in Delhi, Mumbai and Bengaluru.
Sporting a compact four-cylinder, two-litre engine, this new sedan will be the smallest five-seater luxury saloon under the Jaguar brand.
The strength of the plug-in hybrid lies, among other factors, in the perfect synchronisation of electric motor and combustion engine, which makes itself apparent in maximum efficiency and dynamics on the road.
Coupled with attractive offers and promising economic trends the carmakers are here to leave a mark.
After being crowned the second best car company in the luxury segment in India, Audi is ambitious to rule the Indian luxury car segment by the year 2015.
"At this point of time, our completely knocked down (CKD) operations are fully fulfilling the new regulations. We are paying 10 per cent duty... There will be no price hike," BMW India President Andreas Schaaf told reporters in New Delhi.
Sources said that BMW India is not going to upgrade its flagship 7 Series sedan in 2012.
The petrol variant offers 16.28kmpl mileage and the diesel offers 20.58kmpl.
German luxury car and bike maker BMW, which has been shying away from re-entering the Indian motorcycle market, is now looking to source parts for engines and chassis for its high-end two-wheelers from the country. BMW has started sourcing from India in a small quantity for cars as well, like software parts and has been closely working with vendors such as Mico Bosch and Conti.The BMW group on Tuesday reported a net profit of 3.13 billion euros in 2007.
German carmaker BMW AG has unveiled its longer, lighter version of its core 3-Series midsize car.
After a brief lull during the pandemic, there is a strong revival in luxury car sales, bolstered by more launches across price bands, replacement demand, ban on old diesel vehicles in the NCR, and 'revenge buying'.
Heidfeld, 30, and Kubica, 22, have scored 71 points between them this season with BMW now 38 points clear of fourth placed Renault in the constructors' championship.
If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.
On January 10, 1999, Sanjeev Nanda allegedly ran over six people with his black BMW while driving in an inebriated state.
BMW, the German luxury carmaker, plans to take on its Asian rivals - Toyota, Honda, Hyundai - with the core strategy of making customised cars from its flexible production lines to stay ahead in its century-old luxury marquee business.
German luxury car manufacturers, Mercedes Benz and BMW, will soon venture into the used car business in the country. While Mercedes, which has been in India for more than a decade, is announcing its plans for used cars today, BMW is expected to follow suit in a couple of months.
BMW Sauber have ruled out using test driver Sebastian Vettel for Friday practice at grand prix weekends for the time being as they challenge McLaren and Ferrari.
BMW plans to launch its two-seater roadster 'Z4' in India in October. It has also sought regulatory approval for incorporating a finance subsidiary to serve the credit needs of retail customers, fleet owners and dealers.
The company has so far witnessed a 14 per cent jump in its sales during January-July period.
Sunil Laxman Kulkarni, who was dropped as a witness by the prosecution after a volte-face at the outset of his testimony, has been recalled to record his statement afresh on May 14.
The BMW 3-Series has always been a driver's car and the current generation (F30) car was launched in India in the 320d and 328i guises. The 328i was later discontinued but the 320d continues to remain on sale. While we sampled the 320d M-Sport last year, this time around, Indian automobile website MotorBeam.com reviews the 320d in the Sport Line trim.
BMW is expected to take a decision on setting up a manufacturing unit in India in the next three months.
Both the models would be available across the country as completely built up units, the car maker said.
Feature additions come in the form of LED headlights, new alloy wheel design options, additional body colours and an optional contrast roof.
Fed up by his constantly out of action BMW, Lin attempted to drag it thousands of kilometres from Beijing to Hangzhou.
A coupe car offers the motorist the combined experience of a sports SUV as well as the comfort of a luxe sedan
This is the second consecutive year in which BMW has retained leadership position in the luxury car segment in India.
BMW's new 6 Series Gran Coupe is not just seductive and haute - its ride quality is better than siblings'.
Shah was held guilty also ordered him to pay Rs 5 lakh compensation to the families of the two victims.