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.
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.
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.
Luxury car manufacturer, DaimlerChrysler on Thursday, announced the launch of its new retail financing scheme -- Star Extend -- in conjunction with ICICI Bank.
Car comes in two variants - 911 Targa 4 and 911 Targa 4S.
Australian swimmer Stephanie Rice has lost her sponsorship contract with Jaguar after making an alleged anti-gay comment on a social networking site, local media reported on Tuesday.
The company aims to contribute a sizeable portion of the Indian passenger car market by 2025, by when it expects the market to touch 10 million units.
German luxury car maker Mercedes-Benz witnessed the best-ever first quarter this year since it started operations in India 15 years ago.
Instead, the company wants to just focus on sales.
Salman Khan gets into an autorickshaw, and more.
German Car maker Audi plans to offer cars that can do 400 km on a single charge, says Ajay Modi.
Telangana Badminton Association vice president V Chamundeswarinath on Tuesday gifted a high-end car to Indian women's cricket team Captain Mithali Raj for becoming the highest run-getter in the women's ODIs.
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.
The company is also planning to hike product prices across models by 10 per cent.
The company, which will complete launching of products aimed to drive volumes in India by 2015-16, expects 40 per cent of its entire product range to be priced below Rs 25 lakh (Rs 2.5 million) in the next 5- 10 years.
Tough times have made car manufacturers think hard about which brands to keep and which to discontinue.
In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India's largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government's intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.
The new facility was completed within 13 months and is among the fastest green-field projects to be created. Spread across an area of 100 acres of land and with independent assembly facilities for passenger cars and commercial vehicles, the infrastructure can address future expansion, underscoring the long-term growth plans of the company in India.
After capturing a fourth of the domestic luxury car market, German automobile maker BMW says it is in the final stages of deciding on launching its premium motorcycle range in the country. The company has been doing a study, checking market response to possible launch of its bikes, if priced on par with the current range of Yamaha, Honda, Suzuki, Harley Davidson and Ducati premium bikes.
RIL is also more profitable than Tata Motors.
The A6 will be imported via the Completely Built Unit (CBU) route from Germany and would be priced at Rs 42.5 lakh (ex-showroom, Mumbai), according to Michael Weber, Country Manager, India, Audi.
As many as 11 Mercedes models are impacted by the ban.
"The prices of all Mercedes-Benz models will be revised upwards effective May 1, 2011 for the Indian market," Mercedes-Benz India Managing Director and CEO Peter Honegg said in a statement.
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.
Officials said the 36-year-old actor was examined for four hours in Delhi as a witness in the case and her statement was recorded under the provisions of the Prevention of Money Laundering Act.
German luxury car maker Porsche, on Thursday launched its second-generation Cayenne, priced between Rs 65.82-lakh (Rs 6.58 million) to Rs 12.7-crore (Rs 127 million) in India (ex-showroom).
A division bench of the Madras high court on Tuesday expunged the adverse remarks made by a single judge against top Tamil actor Vijay on the issue of entry tax over the import of a luxury car from England in 2012.
Victoria Beckham to help design Range Rover's special edition SUV Evoque in her capacity as the brand's creative design executive.
