Luxury car maker BMW India has no plans of exporting cars manufactured at its Chennai plant to neighbouring countries and was focused on the fast growing domestic market. India has emerged as a booming market though the production of four-wheelers in the luxury segment was at an amateur stage, BMW India President Peter Kronschnabi told reporters on the sidelines of inaugurating the company's first showroom, Bawaria Motors, in Pune.
The answer would have been an unequivocal yes had the A4 been priced more aggressively, says Pavan Lall.
Fiat India has added a sports edition model to their hatchback model lineup.
German luxury car-maker Audi on Friday said it will ramp up its output by 50 per cent in India to about 3,000 units next year, even as it gets ready to enter the used-car business by 2011.
The company had sold 1,813 cars in 2011, JLR said in a statement.
UK-based JLR posted 16 per cent growth in retail sales in the past year, highest in the luxury car segment globally, on the back of launches, output ramp-up and better reach in world markets.
Buoyed by a rising demand, German luxury carmaker Audi aims to increase its market share in India to 25 per cent from the present 20 per cent by this calender year-end.
There are six models of the Mini out of which three models have been launched in India.
After six years of indifferent performance, it sold more cars than market leader Audi in the July-September quarter.
Equipped with the ' Mercedes Me' connect feature which makes this one too a connected car, this is the 10th 'Made in India' product from Mercedes and comes in two engine variants. The 300d 4MATIC diesel and the 300 4MATIC petrol, both BS VI versions. The diesel is an in-line 4-cylinder engine that churns out 245 hp power and 500 Nm of peak torque, and can do a 0-100 km/h in 6.6 seconds, while the GLC 300 Coup in-line petrol engine produces 258 hp and 370 Nm of torque and can do 0-100km/h in just 6.3 seconds!
About 150 Mercedes-Benz cars, purchased in a single transaction and valued at Rs 65 crore (Rs 650 million), were distributed in Aurangabad.
Rolled out from its Chennai plant, the all new X5xDrive30d, is around Rs 10 lakh cheaper than the previous imported models.
The limited edition of the Audi Q7 4.2 TDI has been launched to commemorate completion of three years of Audi's operations in India, the company said.
The new four-wheeler (4W) electric vehicle (EV) policy may spur the entry of global majors. The manufacturing policy cuts Customs duty to 15 per cent, given a minimum investment commitment. It calls for a minimum investment of Rs 4,150 crore (about $500 million) for making electric four wheelers (e-4Ws), with manufacturing to commence within three years of approval.
German luxury car maker BMW on Tuesday said it plans to launch its new model 3-Series GT in India and also start its production in the country by early next year.
German luxury car-maker Porsche aims to sell 500 cars in India this year and will introduce its Panamera Hybrid super car in the country within the next few months, a top company official said on Thursday.
Ford Mustang, Jeep Grand Cherokee and Wrangler, and Nissan GT-R will soon be in India.
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
'Audi is well on track for what we want to achieve.'
The company's primary growth driver this year has been the A range of sedans, led by the A4 and A6, followed by the SUVs, Q5, Q7 and Q3.
The German auto maker is clawing back up the brand charts as it fights off competition from Audi, BMW in the Indian market.
India is seen as an emerging market for luxury cars.
The petrol variant offers 16.28kmpl mileage and the diesel offers 20.58kmpl.
The glorious journey of Honda City began in 1981. From then on, Honda City has gone through several transformation phases.
The two car makers from Germany, BMW and Audi are in a tug of war for the top slot in the luxury car segment in India.
West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.
A Malaysian court on Monday found a constable guilty of two counts of causing hurt to a car thief suspect A Kugan, an ethnic Indian, who died in police custody.
Luxury car maker Audi has launched a new version of super sports car R8 in India, priced between Rs 1.35 crore and Rs 1.74 crore (ex-showroom, Delhi).
Volkswagen has recently launched Volkswagen Vento Petrol 'Comfortline' and Volkswagen Jetta 'petrol' in India to keep up with the competition.
The company, which is eyeing the top spot in the Indian luxury car segment, today unveiled its new 3 Series sedan, whose petrol version is priced between Rs 26.90 lakhs (Rs 2.69 million) and Rs 32.9 lakh or rs 3.29 million (ex-showroom), and the diesel variant between Rs 29.5 lakhs (Rs 2.95 million) and Rs 30.5 lakhs or Rs 3.05 million (ex-showroom).
Volkswagen said that it will reposition Skoda brand in India, to align with its global practice. This means, the company wants to move Skoda brand down the pecking order; and reduce price of the cars sold under the brand name.
The new M6 Gran Coupe, which comes as a completely built unit, will be available with a 560 HP petrol engine in the country.
'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'
Mercedes plans to take the facelifted E-Class back to its roots.
The company attributes the trend to global slowdown and liquidity factors Luxury car maker Mercedes-Benz, which registered a growth of 35 per cent last year, will have to be content with flat growth this year.
Luxury car manufacturer is planning to launch a new model, 2013 Mercedes-Benz SL.
We take a look at Rolls-Royce's amazing and path-breaking journey.
"The Audi Q5 2.0 TDI q is perfectly equipped to further strengthen our leadership position in the luxury SUV segment. As the Audi Q5 already has a broad fan base in India, this attractive price will now make this premium experience accessible to a wider customer base," Audi India Head Michael Perschke said in a statement.
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