Luxury Car Market

Lamborghini has already received orders for 100 cars in India in less than two months

The minimum waiting period for owning a prized set of wheels has stretched to 18 months, and buyers are loosening their purse strings further to get these rides customised to reflect their personality

With 2022 turning out to be the best ever year in terms of sales, luxury carmaker BMW India expects volume to remain robust in 2023 as well as it looks to drive in multiple products, including electric sedan i7. The carmaker, which sells products under BMW and Mini brands in the car segment and bikes under BMW Motorrad, is all set to introduce eight products over the next eight weeks in the country. "For us, we believe it (sales momentum) will carry on for sure. We got fantastic products coming next year as well. We are starting with eight big launches with three being super big products, so I am very confident. We will grow in a very strong way in 2023 as well," BMW Group India President Vikram Pawah told PTI in an interaction. He was replying to a query whether the company would be able to maintain sales growth next year as well. Pawah noted that the domestic car market is witnessing a positive phase and is expected to carry forward to 2023 as well. "People are looking at buying

The luxury automaker said in a statement on its website late Tuesday that it was reducing prices on certain models from its EQ range, effective Wednesday, and that it would provide subsidies

The company posted its highest-ever revenue in India in FY22 at Rs 4,365.8 crore

EQS 580 will be offered with a dual-motor set-up, one on each axle. It develops 516 bhp and 856 Nm of peak torque and is paired with a 4Matic all-wheel-drive system.

The sale of supercars, costing above Rs 2,5 crore, is set to be 600-650 in 2022. This is expected to fetch Rs 1,200 crore to the auto companies

The regulator, known as KBA, said that the affected cars were built between 2004 and 2015

The booking amount for the new C-Class is Rs 50,000 with bookings to open first for the C200 and C300d variants, followed by the C220d variant, the company said

German luxury car maker Audi plans to develop the market in India by bringing in more products and expanding the network across the country, an official of Audi India said on Friday

The locally assembled vehicle is powered by a 3-litre petrol engine with a 48V mild-hybrid system generating 340 hp. It can accelerate from 0-100 km/hr in 5.9 seconds

The company expects this sales momentum to continue in 2022 amid a strong order bank and further expansion of its product range

Touted to be the 'S-Class of EVs', slated for a Q4 launch

A high taxation regime is restricting growth of the luxury car segment in India and the government should look at lowering the levies in order to help the sector grow, according to automaker Audi

The i20 N-Line is expected to add 1,000 units in monthly sales; the brand celebrates Hyundai's World Rally Championship success

Jaguar Land Rover (JLR) India on Tuesday said it has commenced deliveries of new version of Range Rover Evoque in the country. The updated Evoque comes with 2-litre petrol and diesel powertrains. The 2-litre petrol engine delivers a power of 184 kW, while the 2-litre diesel engine generates 150 kW of power. The price of the model starts from Rs 64.12 lakh (ex-showroom). "Range Rover Evoque has always turned heads with its unique, modernistic and smart design. "With the introduction of new interior colorways and latest Land Rover technologies, the new Evoque's style quotient is even more enhanced and the new Ingenium powertrains make it more powerful and efficient," JLR India President & Managing Director Rohit Suri said in a statement. The new Range Rover Evoque comes with new features such as 3D surround camera, cabin air ionisation with PM2.5 filter, wireless device charging with phone signal booster and new infotainment system.

BMW i Ventures, based in Mountain View, California, will manage the fund

Tata Motors-owned Jaguar Land Rover (JLR) aims to be the world's most profitable luxury car manufacturer, according to Chief Executive Officer Thierry Bollore.

The car serves up comfort on long drives

The Mercedes-Benz E-Class LWB may not quite replace the S-Class but it is a classier, spacious upgrade from older avatars