Increase in taxes on luxury cars will not have any effect on the demand
With high aluminium content in the body, the vehicle's weight is relatively low.
The announcement has come days after Aldar Properties opened world's largest Ferrari merchandise store in Dubai this week.
German premium carmaker BMW on Thursday rolled out its first '3 series' sedan from its plant near Chennai, with a price tag of Rs 26.7 lakh.
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
Luxury car major Mercedes-Benz India will extend its financial arm, Daimler Financial Services to India. A few approvals were needed from the authorities before it could begin operations, said Wilfried Aulbur, managing director and CEO, Mercedes-Benz India, in Pune today.
ActiveHybrid7 is a full-sized gas-electric luxury sedan, offered in the long wheelbase 740Li trim.
Apart from being luxurious, fast and expensive, it can take a serious beating any time of the day
'I admire the way he is able to maintain a balance between his personal and professional life.' 'I don't think it's something most of us can boast of.'
Luxury car manufacturer DaimlerChrysler's Indian subsidiary Mercedes is all set to introduce the new C-Class in the domestic market by early 2008.
The company attributed the hike to depreciating rupee and rising input costs.
Luxury carmaker Mercedes-Benz has submitted its interim report on the fatal accident of industrialist Cyrus Mistry to the Palghar police, which mentions that the brakes of the vehicle were pressed five seconds before it crashed into the road divider, a senior official said on Friday.
Volvo is looking at introducing stripped-down version of its luxury sedans.
The new Mercedes-Benz B-Class is a luxury product that also provides comparative value for money.
According to estimates, there are about 404 million consuming or aspiring consumers in India.
Buoyed by sales in October, the company said it is confident of crossing the sales target of 8,000 units in 2012.
For those who've always wanted to drive a BMW in India, the 2 Series is easily the most fun to drive everyday car that money can buy.
The company had announced its plan to launch 15 new products in 2015.
Roland Folger has told the ministries concerned that they are cutting India off from the rest of the world by making it a highly protected market, the Mercedes Benz India CEO & MD tells Ajay Modi.
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.
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
French hospitality at its best at a state dinner in honour of China's President Xi Jinping and his wife Peng Liyuan at Elysee Palace, Paris.
The Skoda Superb is a complete package which ticks all the right boxes to become the most competent and luxurious car without having a German badge.
According to figures released by Society of Indian Automobile Manufacturers, Audi's sales in the first three months of the fiscal have jumped by 52.15 per cent to 1,908 units from 1,254 units in the year-ago period.
Supply chain workers called the strike over a pay dispute.
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 incident took place at the Rajpath-Janpath crossing near National Museum at around 9:30 am and the victims were on way to Akshardham when the accident took place.
A glimpse of what happened in the world of business in 2010.
Dr Wilfred Aulbur, Managing Director and CEO, Daimler Chrysler India, said the company had till August this year sold 290 'S' Class, 790 'E' Class and 540 'C' class cars and 70 CBU.
The top-end model to cost Rs 7.73 crore.
German luxury car maker BMW on Tuesday launched its financing arm in India with an investment of $50 million (about Rs 230 crore) to serve the credit needs of retail customers, fleet owners and dealers.
Woods suffered serious injuries to both legs in Tuesday's wreck and was initially listed in serious but stable condition, Los Angeles County Fire Chief Daryl Osby told reporters. CNN reported Woods sustained compound fractures to his legs.
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