A weaker rupee against the US dollar and the Japanese yen along with margin sustenance pressures have forced companies to raise prices.
South Korean carmaker Kia was on Tuesday declared the top mass-market performer in the overall customer experience index (CEI), an annual survey done by the Federation of Automobile Dealers Associations (Fada) to assess and quantify customer experience across 97 parameters related to sales, product, and after-sales quality. Fada conducted this survey in collaboration with consulting firm Frost & Sullivan, with a sample size of 8,685 respondents.
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.
Honda Cars India Ltd is looking to hike prices of its entire product range in the country from the first week of January as it aims to partially offset the effects of adverse exchange rate and inflation.
In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.
Hotel rooms, usually in the range of Rs 20,000 to Rs 25,000 a night during the peak season, are now available for Rs 7,000 to Rs 10,000 a night.
German luxury car manufacturer Audi on Thursday reported 17.8 per cent growth in October sales at 1,002 units.
Popular YouTuber and social media influencer Elvish Yadav is making his presence felt inside the Bigg Boss OTT house.
Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.
Reliance Industries, headed by India's richest man Mukesh Ambani, has bought an ultra-luxury Rolls Royce hatchback costing Rs 13.14 crore.
German luxury car maker Mercedes Benz on Friday said it will hike prices of its products across models by up to 10 per cent in India from next month.
Buoyed by growing luxury car market in India, German luxury car-maker Audi India, on Monday launched its powerful sedan Audi R8 5.2 FSI with V10 engine in the domestic market.
Audi sold 10,851 units last year, higher than Mercedes-Benz, which sold 10,201 units.
Mumbai police formed 11 teams and also roped in the Crime Branch to nab the 24-year-old son of a ruling Shiv Sena leader after a BMW car the youth was driving crashed into a scooter, killing a woman and injuring her husband, an official said.
Rahil Ansari, 38, recently took charge as head of Audi India, one of the youngest brand directors in the German luxury car maker.
This enterprising duo sell tea from the boot of an Audi.
High net worth individuals in their mid-40s were the majority of customers opting to purchase the British luxury automobile maker Rolls-Royce's range of cars in India, a company official said. Rolls-Royce Motor Cars on Tuesday launched its latest all-electric - Spectre - priced at a whopping Rs 10 crore (ex-showroom), in Chennai. A 'Chartreuse' (greenish-yellow) colour variant of the Spectre rolled out of the podium at an event marking the formal launch of the brand in the South Indian market showcased for aspiring customers and dealers.
Indian CEOs just want to drive a Mercedes-Benz, despite the bevy of luxury cars that have hit the roads in the recent past.
The high court said the investigation has shown the crime proceeds were used for air travel and purchase of high-end branded gifts for Bollywood celebrities.
These coveted brands have raked in billions in dollars and continue to prosper.
German sports car maker Porsche on Monday said it will expand its sales network in the country and drive in the company's four-door coupe Panamera in 2009, likely to be tagged at around Rs 1 crore (Rs 10 milion).
Mercedes-Benz's first launch of the year is its most gorgeous looking and the new entry-level sedan, CLA-Class.
The German luxury automaker has already seen its online traffic increase 10-fold this year. Though that has not always translated into sales, Mercedes-Benz says it is continuing to build on what it calls its "touch-free" experience to stay plugged into its consumer base. Under the used car business, more than 150 cars were sold online in January and February.
The Finance Minister proposed a cess of 1 per cent on small petrol, LPG and CNG cars, 2.5 per cent on diesel cars of certain capacity.
In wake of the coronavirus pandemic, US auto major Ford has asked its 10,000 employees in India, except those in business-critical roles, to work from home, a step which has also been taken up by Swedish luxury car maker Volvo. A Ford India spokesperson said, in recent days, the company has concluded that the issue of coronavirus has taken on a different dimension.
Lamborghini is focusing on bringing its new car models to India faster after the global launch of its Huracn Tecnica, its country head Sharad Agarwal said on Thursday, adding there is a lot more scope for the company to expand in tier I and II cities. "Typically, in the premium and luxury car segments, there is a lag of six to 18 months between a global launch and India launch," he said in an interview to Business Standard. The Italian carmaker launched the two-seater track-focused performance car - the Huracn Tecnica - here on Thursday four months after its global unveiling.
Asia now has more millionaires than North America.
Hyundai Motor India will raise prices of its entire product portfolio in the range of Rs 5,000 to Rs 25,000 from Jan 2015.
The Mercedes-Benz GLC 220d 4MATIC, the SUV former Tata Sons chairman Cyrus Mistry was riding in on Sunday, comes with various safety features to protect passengers but just like other high-end cars, it has no airbags for rear seats.
During January-May period, the company's sales went up by 24.8 per cent to 4,096 units from 3,282 units in the same period of 2012.
Probationary Indian Administrative Service (IAS) officer Puja Khedkar, who is at the centre of a controversy over alleged misuse of power and privileges, may be terminated from service if found guilty, official sources said on Friday.
With the launch of 'Flair', the new variant of Ford Ikon, auto major Ford India entered the sub-Rs 500,000 mid-sized luxury car market.
This Audi S4 launch happened in Mumbai, surprisingly in a very quiet manner with no elaboration and publicity.
Comes to India for Rs 68.5 lakh.
Lillian Carter, a trained nurse and a Peace Corps worker, spent two years of her life, when she was in her late 60s, serving the poor in India, in the 1960s. She was posted as a volunteer to Vikhroli, then a village 30 km outside of Mumbai and a Godrej township, and was there from 1966 to 1968.
The Three-Pointed Star also unveiled its 2021 motto coined as 'Reimagining Excellence', which aims at making the brand more desirable and drawing customers closer.
