Page 2 - Luxury Car Market

Raring to become the king in the vast pre-owned luxury car market of India is Kings Auto

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Rolls-Royce plunges to worse-than-expected $5.6 billion loss

On an underlying pretax basis, Rolls posted a loss of 4 billion pounds, worse than the 3.1 billion pound loss forecast by analysts

Aston Martin surges as demand for $223,000 SUV brightens outlook

The company plans to produce 6,000 vehicles this year, up from just 3,394 in 2020, with the £158,000 ($223,000) DBX model accounting for much of that output

Luxury carmakers rev up in India, plan over 50 new models after Covid pain

With over 50 new launches this year, super-premium marques are taking a calculated bet on the Indian market that touched a decadal low in 2020

Explained: How Apple can tackle the $230 billion luxury car market

The iPhone maker has reignited efforts to build its own vehicle, Reuters reported last month, though it's at least five years away from production

Reduction in cess to help expand luxury car segment in India: Mercedes

The automaker, which remains cautiously optimistic about its sales outlook in the country next year, noted that reduction in cess would help the luxury car segment in India attain critical mass

Lamborghini India to bring in raft of new models from Q2 of Calendar 2021

The Italian super carmaker riding on hopes of a recovery

Mercedes starts local assembly of AMG models to make them affordable

As compared to a fully imported model, the local production makes the model cheaper by Rs 25 lakh

Explained: Why premium carmakers focus on entry-level offerings in India

Automakers are caught in a peculiar chicken-and-egg situation: Prices have to come down if volumes are to increase and volumes won't increase unless prices come down

Frequent policy changes, taxes hurting luxury car market: Audi India head

Cars priced above Rs 25 lakh account for a per cent in India's 3 million-car market and share has remained unchanged over the last five years

Luxury car mkt projected to reach 2018 level by 2022: Lexus India president

Country head P B Venugopal tells Pavan Lall that hybrid roll-out is going to dominate the firm's product strategy

India has huge talent pool, must market itself better: Volvo Cars India MD

Frump tells Pavan Lall that India has a huge talent pool but it must learn to market itself better to the world

Mercedes-Benz India to offer full-range of vehicles online starting Friday

Under the used car business, more than 150 cars were sold online in the months of January and February in 2020

BMW India CEO Rudratej Singh dies due to cardiac arrest

The German auto major had appointed Singh as head of India operations with effect from August 1, 2019

Indian luxury car market to be flat in 2020, growth to return in 2021: Audi

Indian luxury car market, comprising top five players -- Mercedes, BMW, Audi, JLR and Volvo, witnessed a total sales of 40,340 units in 2018 and is expected to see a decline in 2019

Luxury car market back on track, Mercedes-Benz, BMW sales grow up to 11%

Mercedes said it saw 40 per cent jump in June sales.

Luxury car buyers in NCR opt for petrol engines

Following the Supreme Court ban on sales of diesel vehicles with engine capacity of 2,000cc and above in the NCR