A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote.
Amid mounting inflationary pressures, escalating material costs, and rising operational expenses, luxury carmakers Mercedes-Benz India and BMW India have announced price increases of up to 3 per cent on their entire model ranges effective from January 1, 2025. Mercedes-Benz India will revise ex-showroom prices by Rs 2 lakh to Rs 9 lakh, depending on the model. This adjustment will impact vehicles such as the GLC SUV and the high-end Mercedes-Maybach S 680 limousine.
From attractive EMIs to assured buyback guarantees, luxury carmakers have lined up a slew of offers to woo customers this festival season to address dwindling sales amid rising inventories.
German luxury car maker BMW on Tuesday launched BMW Gran Turismo, BMW X6M and BMW 760Li and plans to ramp up capacity of its manufacturing plant at Chennai.
German luxury auto major BMW India has launched its much-anticipated 7 Series and X1, produced at the company's Chennai manufacturing unit.
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.
Opposition-ruled states warn of steep annual losses; Centre assures higher consumption will offset revenue hit.
Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said. Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenntag Group.
The share of EVs in the luxury segment rose from 7 per cent in January-May 2024 to 11 per cent during the same period in 2025, marking a 66 per cent growth in the electric luxury segment.
Within two years of entering the Indian passenger car market in 2007, BMW toppled rival Mercedes-Benz to become the numero uno luxury car maker of the country.
India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts.
Luxury car maker BMW is skeptical of the viability of launching another brand 'Mini' in the country, a company official said.
Tendulkar helped by the engineers at German-headquartered BMW's Chennai plant tried his hands in assembling a luxury car.
Smooth engine, plush interiors, great suspension that handle dodgy roads with ease, futuristic design elements that have little by way of competition in the market -- it's all there, says Pavan Lall.
'The global semiconductor shortage has inadvertently provided an immense fillip to the pre-owned car market'
Superstar Ajith Kumar crashes during GT4 European Series race
CJI Gavai said that as head of the Judicial Infrastructure Committee he had prepared a model of setting up new taluka and district-level courts
BMW also unveiled its electric car i3s and hybrid vehicle i8 Roadster along with a slew of other top-end models at the Auto Expo 2018.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
This is the second consecutive year in which BMW has retained leadership position in the luxury car segment in India.
BMW India, which unveiled its 6 Generation 5 series model on Friday, plans to sell over 4,000 units across all its series this calendar year, a top company official said.
The two-seater sports-car powered by a 2,979 cc petrol engine is being launched as a part of the company's move to strengthen its position in the Indian luxury car segment.
The company's wholly-owned subsidiary BMW India has a manufacturing facility in Chennai, which had an installed annual production capacity of 3000 units before the addition.
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
Auto parts exports from India may see a slight slowdown as US President Donald Trump's 25 per cent tariff could increase car prices for buyers by 8-25 per cent, thereby affecting demand, experts believe.
German firm BMW will enhance production capacity at its Chennai plant as it eyes sales of over 4,000 units in 2010
The German luxury carmarker on Tuesday said it will invest $50 million (about Rs 230 crore) to set up a financial services subsidiary to better serve its customers besides industry as a whole.
A year after introducing its popular 'MINI' range of cars in India, luxury car maker BMW has begun the local production of 'MINI Countryman' at the facility in Chennai.
Rolled out from its Chennai plant, the all new X5xDrive30d, is around Rs 10 lakh cheaper than the previous imported models.
On another occasion, he recalled, as part of the SPG, he was tasked with the security of the then prime minister Manmohan Singh and assigned the responsibility of escorting Tata from Taj Mansingh Hotel in New Delhi.
BMW plans to launch 15 models during this year, with four brand new models that would be imported from our global centres and the rest will be re-launches.
Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). The EV will be manufactured at its Chakan facility for both Indian market and exports.
The cars are being manufactured in the company's Indian plant and would be available across its 17 dealerships.
The German auto major is also set to double its current production capacity in Chennai to meet the growing demand.
It has get-up-and-go and is possessed of immense agility, observes Pavan Lall.
'Localisation saves a lot of time and cost for them. Keeping an eye on a long-term market, this is the best way these car-makers can build momentum for their brands.'
American electric carmaker Tesla has opened recruitment for various roles in India, including business operations analyst and customer support specialist, in what could be a precursor for the company's entry into the country. As per the job postings on the company's website, the posts are for the 'Mumbai Suburban' area.
German luxury carmaker BMW on Thursday launched the updated version of its sports utility vehicle X3 priced up to Rs 49.9 lakh (ex-showroom Delhi).
