Each year, at least 10 million Indians marry and the market is estimated at nearly $35 billion, growing at about 25 per cent annually.
The company has expanded its line-up to nine models with several variants, making it the most aggressive luxury auto player in the country.
Mercedes CLA is the more appealing car to look at.
BMW is just another of the many bringing entry-level luxury cars to the market.
President elect Pranab Mukherjee on Wednesday paid homage to Mahatma Gandhi and other top leaders at their memorials in New Delhi before heading to Parliament to take oath as the 13th President of India.
American tech billionaire Elon Musk on Saturday said his proposed visit to India has been postponed due to "very heavy Tesla obligations". The electric carmaker Tesla CEO -- who was expected to be in India on April 21 and 22 and scheduled to meet Prime Minister Narendra Modi -- wrote on X that he is looking forward to coming to India later this year.
Once customs duties are slashed, your dream to own a luxury car may become a reality.
German luxury car maker Mercedes-Benz on Thursday said it will hike prices of its entire model range in India by up to 4.5 per cent from September 1 to partly offset impact of rupee depreciation and higher import duties.
Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai and MG Motors are gearing up to introduce EVs in India.
Sources say Volkswagen may foray into this venture by May.
Lewis Hamilton won the inaugural Russian Formula One Grand Prix and extended his championship lead on Sunday in a Mercedes one-two that clinched the team's first constructors' title.
Luxury car makers are lowering the entry barrier and lining up half a dozen launches in the premium segment.
Auto giants like Hyundai, Volkswagen and Nissan too will hike prices, even though no announcement has yet been made.
DaimlerChrysler India, which doubled the sales of its Mercedes-Benz luxury cars in India in calendar 2006, is seeking government support to further develop the luxury car market in India.
It looks good, is comfortable, spacious, very refined and there are plenty of features on offer. It is also the player in its segment to be offered with a petrol engine.
Though GM India delivers best of technology cars but at the same time, it lags in the dealer and service station network, one very important criterion for improving sales and rising popularity charts in India.
Orissa is truly shining. Its new found status as an investment destination has seen a significant increase in the customer base for various luxury products.
The financially strong upper class of India and the good results posted by the existing luxury car makers in the country are the biggest pull for any car manufacturer across the globe.
Their stylish cabs, with the multitude of buttons and gizmos and quality fittings, make you feel you are in a European truck. But then again, both have been developed by Indian manufacturers to rival the best the world has to offer and beat these in markets outside India as well.
Germany-based luxury coach manufacturer DaimlerChrysler's subsidiary Mercedes Benz is planning to launch its high-end premier bus Tourismo in India by 2008.
Indian Hotels, which owns the chain of Taj hotels and East India Hotels, may gain from a tax court ruling that allows hoteliers to claim depreciation and tax benefits on imported cars which are used to ferry tourists.
DaimlerChrysler India Wednesday unveiled the latest edition of S-Class vehicles with a price tag of Rs 70 to 72 lakh and M-class vehicles, between Rs 55 to 60 lakh, for the Indian market at the Mercedes-Benz Brand Showcase in Mumbai.
Following the rise in outsourcing of manufacturing of auto components to India by global auto majors, German auto giant DaimlerChrysler has placed a Rs 100 crore worth order with Sigma Vibracoustic India Ltd for supplying anti-vibration components.
Eyeing the projected 15 per cent growth in the luxury car market segment, DailmerChrysler India Pvt Ltd, makers of Mercedes-Benz cars, has decided to set up a new plant in Pune to enhance its manufacturing capacity.
The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.
Daimler Chrysler, makers of Mercedes Benz cars, said on Tuesday it expected to make its new manufacturing unit near Pune operational early next year with an annual production capacity of more than 9,000 units.
The increasing preference for Mercedes Benz models by Indian customers may see the company roll out more models in the near future.
There are no less than six automotive launches in the next four weeks.
The sports car 'SL 350' is powered by a 3.5 litre V6 engine while sports utility vehicle 'GL 500' will run on a 5.4 litre V6 engine.
Amritraj was leading 5-3 in the first set when the Russian retired with an injury to his left wrist.
Amritraj, a wild card, was leading 5-3 in the first set when the Russian retired with an injury to his left wrist.
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
These million-dollar vehicles feature tarmac-shattering speeds, ooze luxury and come loaded with the latest bells and whistles.
While the overall passenger car industry is expected to grow at around seven per cent a year in the next five years, SUV growth is expected to be over 10 per cent.
The top driver for the Indian workforce while choosing an employer are salary and employee benefits, followed by work-life balance and job security.
'More than one brand in a showroom is too risky because customer loyalty in this market is low. Most people don't drive different cars made by the same manufacturer for a lifetime, they experiment.'
