The company is targeting countries like Germany, Italy, France, Spain, Portugal, and the UK which account for over 70 per cent of Europe's two-wheeler volumes.
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.
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.
The BYD Sealion 7 offers instant, exhilarating power, effortlessly pinning you to your seat with a 0-100 km/h sprint in just 4.5 seconds -- a performance proudly showcased on its rear badging.
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
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.
'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'
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.
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.
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.
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.
Tendulkar helped by the engineers at German-headquartered BMW's Chennai plant tried his hands in assembling a luxury car.
'The global semiconductor shortage has inadvertently provided an immense fillip to the pre-owned car market'
Luxury car maker BMW is skeptical of the viability of launching another brand 'Mini' in the country, a company official said.
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.
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.
Armed with swanky showrooms, decked with plush fixtures, and offering indulgences such as high-end perfumes and customisable accessories, BMW, Mercedes, Audi are rolling out the red carpet for the well-heeled.
Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Carmakers cite an increase in input costs and operational expenses as the main reason to implement price increases from the next month. Industry experts, however, note that the exercise is also undertaken by automakers every year in December to shore up sales volume in the last month of the year, as customers postpone buyouts to later months to get the new year manufactured units.
77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases.
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.
German firm BMW will enhance production capacity at its Chennai plant as it eyes sales of over 4,000 units in 2010
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.
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.
Rolled out from its Chennai plant, the all new X5xDrive30d, is around Rs 10 lakh cheaper than the previous imported models.
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.
It has get-up-and-go and is possessed of immense agility, observes Pavan Lall.
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.
'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.'
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).
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).
The car is powered by a 1.5-litre turbo petrol engine
The Cyberster is currently sold in the UK for about Rs 63 lakh and is expected to be priced between Rs 65 lakh and Rs 70 lakhs.
BMW India, a wholly-owned subsidiary of German auto major BMW, on Thursday said it is looking at tying-up with an India-based bank to provide financing facilities for its products to boost vehicle sales.
The new BMW X1 has many visible changes including a new front and rear bumper, new door mirrors and redesigned tail lights on the exterior. In the interior, it has a redesigned console and silver finish on steering wheels.