The searches by the ED also covered certain vehicle owners, auto workshops, and traders in Ernakulam, Thrissur, Kozhikode, Malappuram, Kottayam and Coimbatore (Tamil Nadu).
Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.
Italian carmaker Maserati is targetting India's tier II and III cities, which are proving to be catalysts in spurring demand for super luxury brands, as it looks to strengthen foothold in the country, according to a senior company official. The company, which re-entered India in 2015, has also overhauled its after sales and service support as part of its renewed focus on customer experience. "Maserati has seen a hike in demand in smaller cities although traditionally we enjoyed steady patronage in the metros. "Even though the expansion in terms of physical network presence in these cities depends on our partners," Maserati APAC head Bojan Jankulovski told PTI in an emailed interview.
Maserati, whose logo is modelled on the trident in the statue of Neptune in Bologna's Piazza Maggiore, was acquired by the Fiat Group in 2005.
Surat police have seized 22 cars and registered FIRs against the parents of three Class 12 students who were driving without licenses in a convoy of 35 high-end cars while performing stunts. The students were on their way to a school farewell function. The video of the incident, which went viral, showed students performing dangerous stunts such as driving with their heads out of sunroofs and holding smoke guns.
Both Maserati and Ferrari are owned by Fiat and also have a lot in common.
Italian luxury sports car maker Maserati on Wednesday announced its foray into the Indian market with its complete range of cars. The price ranges from Rs 1.2 crore (Rs 12 million) and Rs 1.43 crore (Rs 14.3 million) [ex-showroom, New Delhi].
The limited edition Maserati Quattroporte's interiors bear the Ermenegildo Zegna imprint.
Jehan Daruvala's racing career may not have taken the path he envisioned, but the Indian driver isn't dwelling on missed opportunities.
The iconic brand is considering petrol powertrains for its entire Indian portfolio, which includes the Jeep Compass, Meridian, Grand Cherokee and Wrangler.
Following's Verstappen's 2021 title win, here's a list of F1 champions over the years...
Sunny Leone is living it up in Los Angeles with husband Daniel Weber and their three kids, Nisha, Asher and Noah.
Jose Froilan Gonzalez, the 'Pampas Bull' who in 1951 became the first driver to win a Formula One world championship Grand Prix for Ferrari, has died in Buenos Aires at the age of 90, Argentine media reported on Saturday.
Auto major Fiat Chrysler Automobiles (FCA) on Wednesday said it will invest $150 million (around Rs 1,103 crore) to set up a global digital hub in Hyderabad to help the group develop new technologies to cater to its automotive operations across the globe. The facility, which is FCA's largest digital hub outside of North America, would create nearly 1,000 jobs by the end of next year.
After Ducati, Harley Davidson and big bikes from Suzuki, Yamaha, Honda and Kawasaki it's now the turn of the iconic British bike-maker Triumph Motorcycles to make its move in India.
The Gulf region has become a leading market for luxury cars and wealthy individuals are set to buy a record number of vehicles from the likes of BMW's Rolls-Royce, Fiat's Maserati and Porsche SE this year.
The Tatas are planning to introduce its small car Nano in Latin America in partnership with Italian auto maker Fiat.
Unions representing the majority of workers at Fiat Chrysler in Italy rejected a strike called by an independent labour group in protest against the huge sums of money spent by Italy's Juventus soccer club to sign Cristiano Ronaldo.
Exor, the investment holding of Italy's Agnelli family, owns nearly 30 percent of Fiat Chrysler (FCA) and 64 percent of Juventus. FCA and Juventus are completely separate entities, each managing their own finances and operations.
Come January and Scuderia 250, the Middle East's first exclusive supercar club, will offer its members the opportunity to drive all kinds of luxury cars from the latest models of Ferrari, Lamborghini, Bentley and Aston Martin to good-old classics like the Rolls Royce, Porsche, Maserati, Mercedes and Maclaren. The club will offer a limited number of memberships in both the individual and corporate categories.
Iconic Italian brand Alfa Romeo is all set to burn rubber on Indian roads next year as Fiat, the parent company, prepares to launch the brand in the local market, according to top Fiat India executives.
Thousands of fans and dozens of players turned out on Thursday to say goodbye to Fiorentina captain and Italy international Davide Astori, who died suddenly at the age of 31 on Sunday.
Sukanya Verma presents a DDLJ special quiz to test your knowledge about one of Hindi cinema's most successful films of all time.
IT Department asks car dealers to furnish ledgers of all customers who have booked vehicles from November 1.
Ferrari could lead other Formula One teams into an alternative championship if the sport becomes too much like the US-based NASCAR series.
In the past four months, launches of luxury and super luxury cars have sped ahead of non-luxury ones.
Mahindra & Mahindra is in talks to buy a majority stake in Pininfarina.
Ferrari launched four other models -- 488GTB, 458 Spider, 458 Speciale and F12 Berlinetta.
Teen sensations Bhaker, Chaudhary and Bhanwala grabbed podiums and headlines with their fearless approach, with Japsal, in their own words, playing a crucial role in their success.
The 5-seater Compass is set to take on Hyundai Creta, Mahindra XUV500, Renault Duster, Toyota Innova and Tata Hexa.
The ban does not speak about used luxury cars.
Mercedes Benz brings sportier S63 AMG sedan to India
Here's a look at the top 10 tweets from your favourite Bollywood celebrities.
The growth rate could continue for another seven years.
This is the car major's second coming in India.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
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