Most say they will review their Make in India plans as prices may top pre-GST level
Chhattisgarh officials appear to be in a rush to buy luxury cars at the government expense for their official use. Senior bureaucrats who are authorised to purchase official vehicles from the state exchequer prefer to drive luxury vehicles. The officials are purchasing vehicles equipped with advanced and modern specifications, at costs beyond their entitlement.
BMW Group India recorded its highest annual sales on the back of strong demand for its top-end ICE (internal combustion engine) and electric vehicles (EVs). The German luxury automaker on Thursday announced that its domestic car sales jumped 18 per cent year-on-year (Y-o-Y) to 14,172 units in calendar year 2023 (CY23). This mirrored a trend in the luxury space, with its peers also reporting record numbers.
While being more expensive than its four-door sibling, the M440i convertible is more exotic with its looks, and being a convertible certainly adds to the driving experience, says Somnath Chatterjee.
Premium car makers which do not produce models locally, but assemble these in India are busy exploring ways to avoid a price rise in the wake of the government's new duty structure.
A brass trader's daughter allegedly masterminded an armed robbery at her own home in Moradabad, Uttar Pradesh, with the help of her lover and his associates, looting cash worth Rs 1.20 crore to fund a luxurious lifestyle, police said.
The demand may increase due to the untapped potential.
They either report a sales figure that shows clear signs of growth or future plans that indicate expansion in India.
Police in Palghar have filed a case against more than 15 individuals for allegedly obstructing construction work and demanding money from a sub-contractor.
Each year, at least 10 million Indians marry and the market is estimated at nearly $35 billion, growing at about 25 per cent annually.
Delhi Police have dismantled an organised interstate auto-lifting syndicate involved in stealing high-end vehicles, tampering with chassis numbers, and fraudulently re-registering them using forged documents. Ten key members of the racket have been arrested, and 31 stolen luxury vehicles have been recovered.
Cars priced above Rs 25 lakh account for 1 per cent in India's 3 million-car market and the share has remained unchanged over the last five years.
An Army brigadier and his son were allegedly assaulted in Delhi after the officer objected to public drinking near their home. Police have registered an FIR and initiated an inquiry into the incident.
Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.
'Refined carbohydrates are the quiet troublemaker in our diet.' 'We eat plenty of calories, but not enough nutrition.'
The director of an aviation firm and a dhaba owner have been arrested in Delhi for assaulting an Army brigadier and his son after the officer objected to them drinking alcohol in public.
Swedish carmaker Volvo Car Corporation is revving up plans for India with an aim to become the third largest luxury car maker in the country by 2020, for which it may even consider assembly operations.
Delhi Police have arrested two men, including an aviation firm director and a dhaba owner, in connection with the assault on an Army brigadier and his son after the officer objected to them drinking alcohol in a car outside his residence.
This is the second consecutive year in which BMW has retained leadership position in the luxury car segment in India.
TVK chief Vijay declared assets worth 603.20 crore in his election affidavit, including luxury cars and significant bank deposits, ahead of the Tamil Nadu Assembly polls.
A speeding Lamborghini, allegedly driven by the son of a tobacco trader, injured at least six people in Kanpur after hitting pedestrians and two-wheelers.
Despite a 2.8 per cent fall in 2025 volumes, Mercedes-Benz India reported its best-ever revenue and profitability, led by top-end models, AMG growth and higher BEV mix.
'We expect this festival buying spirit to continue in October as well, with upcoming festivities including Dhanteras and Diwali, which traditionally witness spirited buying from customers.'
Surat police have seized 22 cars and registered FIRs against the parents of three Class 12 students who were driving without licenses in a convoy of 35 high-end cars while performing stunts. The students were on their way to a school farewell function. The video of the incident, which went viral, showed students performing dangerous stunts such as driving with their heads out of sunroofs and holding smoke guns.
Tata Motors' 2026 Tiago facelift is a tech-loaded and safety-focused entry-level hatchback, with prices starting at Rs 4.69 lakh.
The company said that while the first quarter numbers were at the pre-pandemic levels, it saw a growth of 34 per cent in sales compared to the April to June period of 2020.
Fiat may launch small car, no plans for luxury cars
The new definition for completely knocked down (CKD) units of vehicles introduced in the Budget for 2011-12 has pushed up sales figures of luxury cars.
Built by Mumbai-based designer Dilip Chhabria, the prototype of the 'AMV8 Vantage Concept' car was unveiled at a glittering show on Monday.
While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent.
An Army brigadier and his son were allegedly assaulted in Delhi after the officer objected to public drinking. Police have registered an FIR and are investigating the incident.
Mercedes-Benz plans to sell more compact cars.
A Pune-based businessman has accused self-styled godman Ashok Kharat of defrauding him of Rs 6 crore (600,000) under the guise of helping him establish a logistics business abroad. This is the eighth case registered against Kharat, who is already in police custody on separate charges.
In an effort to bring a new set of consumers on board, luxury car maker BMW recently launched its least expensive name-plate - the BMW X1.
A 34-year-old cloth trader was fatally shot by his tenant in Delhi's Preet Vihar following a dispute over parking. Police have arrested the accused and are investigating the involvement of his associates.
The Gulf region has become a leading market for luxury cars and wealthy individuals are set to buy a record number of vehicles from the likes of BMW's Rolls-Royce, Fiat's Maserati and Porsche SE this year.
The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.
At last count there were 13 options in the market for a new hatchback for around Rs 5 lakh.
A Pakistani terrorist, tasked with executing attacks for Lashkar-e-Taiba in Jammu and Kashmir, surprisingly paused his mission to fulfil a personal desire: undergoing a hair transplant in Srinagar.
