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'Diesel, petrol and electric cars will coexist in premium segment'
BMW, along with rival Mercedes, is looking to capitalize on this demand at a time when Tesla has decided to stay out because of high import taxes on EVs
Indian market is probably at its take-off point, says Vikram Pawah
Luxury car maker BMW on Saturday launched the all-new BMW X1 sports activity vehicle (SAV) in both petrol and diesel variants for consumers in India.
Audi India has registered a 27 percent growth compared to the last year selling 4187 retail units in 2022
German luxury carmaker BMW is increasing its focus on India, buoyed by the best-ever annual sales in 2022 as it sees huge growth potential for market leadership here given the low penetration. Driven by the highest ever number of launches (26 ), and pent-up demand arising from the pandemic-induced lockdowns, BMW India sold 35 per cent more cars (BMWs and Minis combined) in 2022 at 11,981 units (of which 11,268 were BMWs), making it the highest ever deliveries in its history since its entry in 2007. Its two-wheeler brand Motorrad also had its best-ever sales delivering 7,282 units, a full 40 per cent growth on-year. Though India is likely to overtake Japan to become the third largest auto market in the world after China and the US in 2022 selling more than 4.25 million units, there is nothing to write home about the luxury segment which is just about 1 per cent. Of this, the car volume stood at 3.8 million in 2022, excluding the units sold by luxury carmakers Mercedes, BMW and Volvo,
The BMW 740i M Sport is locally produced at BMW Group Plant, Chennai while the all-electric BMW i7 xDrive60 is available as a completely built-up unit (CBU)
The company posted its highest-ever revenue in India in FY22 at Rs 4,365.8 crore
The Z4 is really the next generation of a convertible after the Z3, and represents a vast range of improvements that include engine performance, drive and handling, tech as well as the way it looks.
The first Indian executive to head the German luxury carmaker in the subcontinent, Dhillon has worked his way up the ranks, writes Pavan Lall
The i4 is imported as a completely built unit. It has the fifth-generation BMW eDrive technology with an integrated drive unit powered by an electric motor
Locally produced at BMW Group plant in Chennai, the new exclusive edition comes in both petrol and diesel engine options
The adventure sports tourer will be available as completely built-up unit (CBU) and can be booked at BMW Motorrad dealerships, the company said in a statement
The price increase will be brought into effect to adjust the material and logistics costs, impact of current geo-political situation and exchange rates, the German automaker said in a statement
Luxury automaker BMW India on Friday said it has commenced pre-launch bookings for the new X4.
German luxury carmaker BMW on Thursday launched the new version of its X3 SUV in India with a price starting at Rs 59.9 lakh (ex-showroom).
German automaker BMW on Tuesday reported a sales growth of 34 per cent last year over 2020, its highest growth in a decade in India, with a dispatch of 8,876 units. The luxury automaker dispatched 8,236 BMW and 640 Mini units in 2021. Besides, BMW Motorrad sold 5,191 motorcycles last year. The automaker had sold 6,604 units across BMW and MINI brands in 2020. "BMW Group India has remained strong and resilient with all its three brands BMW, MINI and BMW Motorrad - posting stellar growth. Greater flexibility and farsighted planning in business processes ensured that we overcame unpredictable market situations and increased our market share," BMW Group India President Vikram Pawah said in a statement. An attractive product portfolio especially designed keeping in mind the requirements of Indian customers and an unwavering emphasis on customer service has significantly propelled brand loyalty and drawn many new customers into the company's fold, he added. BMW India said over 40 per
BMW to launch three EVs in next 180 days
BMW India on Tuesday said it has launched Individual 740Li M Sport Edition in the country priced at Rs 1.42 crore (ex-showroom Delhi)
BMW India on Thursday said it has launched X1 20i Tech Edition in the country priced at Rs 43 lakh (ex-showroom).