The company would also consider setting up an assembly facility in the country as soon as Volvo Car India, the Indian subsidiary of the Ford Group company, starts selling at least 2,000 units a year. Volvo Car India, which sells its vehicles as completely-built-unit in New Delhi, would bring in the S60 from its parent facility in Belgium.
The car has been a run-away success globally within the first few months of its launch.
Luxury carmakers in India are moving downmarket broadening their target market to include India's young, female and middle-class.
The state government's statement came soon after Dutee tried to douse the controversy that erupted when she put her BMW car on sale.
Insurance companies sell off inventory of flood-damaged vehicles to cut losses.
Tata Motors said it has completed its luxurious crossover range with the launch of the new premium car Aria 4x2.
Bullish on the ever expanding luxury car market in India, German sports car major Porsche is looking at a three-fold increase in sales within the next three years.
Just take your foot off the break. Get rid of those self-limiting beliefs.
German luxury car maker Mercedes-Benz today launched new C-class Grand Edition, both in petrol and diesel variants, priced at Rs 36.81 lakh and Rs 39.16 lakh respectively in the domestic market.
German luxury carmaker BMW is stepping up its network expansion in India, specially in Tier II cities like Coimbatore, Jaipur and Lucknow, in its bid to claim the top spot in the luxury car market by 2010.
Maradona's inheritance process is likely to be a messy affair between his large family, with eight children from six different partners
How many hundreds did Rohit Sharma miss in this World Cup? At least five if not more. But how many hearts did he win with his new found no-holds barred attacking approach? May be a billion.
Automakers are caught in a chicken-and-egg situation: Prices have to come down if volumes are to increase, and volumes won't increase unless prices come down, notes Pavan Lall.
The company is targeting a 30 per cent marketshare in the Indian market by next year even as it plans to expand its dealership network to 18.
The magnificent automobile is smaller, but more dynamic, than the previous models, and comes at a price tag of Rs 2.5 crore (Rs 25 million).
Rolls-Royce is gearing up to tap the country's billionaires with new models, including new convertible and a potential SUV.
Now, people can see some of the fastest machines in the world\nlike the Ferrari, Audi, BMW, Lamborghini and Porsche under one roof.
'The global semiconductor shortage has inadvertently provided an immense fillip to the pre-owned car market'
Audi's 2015 sales were three per cent higher than its 2014 sales, which stood at 10,851 units.
Despite the rupee fluctuations, the coveted brands have lined up a record number of launches.
Diesel powered engines carries fewer burdens on the pockets of the car owners in the long run.
To explore options for capitalising on growth potential in entry-level luxury car segment.
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.
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 car offers high emotional appeal with performance to match.
The probe agency sought to intervene in a plea of Chandrashekhar, who is lodged in Tihar jail on charges of money laundering and duping several people, and his wife seeking their transfer to a prison outside Delhi alleging threat to their lives from jail staff.
Budget expectations 2013 for the automobile sector.
Patronised by maharajas for decades, it is customising now with deeper distribution and car editions.
While Porsche India has issued public notices stating that Volkswagen Group Sales India is the sole importer of Porsche vehicles and asking customers not to deal with any other entities, Precision Cars India is contesting it saying Porsche's act was a breach of contract.
Seven years after it announced Nexa, there's no mistaking the seriousness with which Maruti wants the segment to grow, says Pavan Lall.
Range Rover Evoque, being a high-segment SUV, is loaded with exciting and brilliant features, which makes this car an exquisite model.
Diego Maradona's fans will have a chance to snap up memorabilia from the soccer star in an auction on Sunday, just over a year after his death, which will include his iconic cigars, a pair of BMW cars and a luxury villa that Maradona bought his parents.
The new E-Class diesel variant carries an introductory price of Rs 43.65 lakh or Rs 4.36 million (ex-showroom Pune), while the petrol version is priced at Rs 40.73 lakh or Rs 4.07 million.
Adding to the ballooning list of luxury cars that cost millions on Indian roads, Italian sports car maker Lamborghini on Friday rolled out its super luxury hot wheels: 'Gallardo' and 'Murcielago'.
Lamborghini's Indian Limited Edition Gallardo is a super luxury sedan meant for just six wealthy owners.
Khedkar, a 2023 batch Indian Administrative Service officer, was accused of misusing power and privileges during her training in Pune recently.
The battle in the high-end luxury segment is all set to get more intense.
Lamborghini has sold 10,112 cars worldwide -- so India's 100 is certainly a big deal for them. But how big a deal is it for us to peg our consumption theories around, asks Rama Bijapurkar.
So far in the first nine months of 2014, Mercedes Benz India has sold 7,529 units, up 16 per cent from the same period last year.
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