Page 2 - Luxury Car Sales

With direct-to-customer model, Mercedes-Benz in the retail driving seat

The luxury car maker offers a new marketing template that reorients its relationship with dealers, customers

Booming sales in China propel BMW to strong profits, Germany lags

The firm's home market Germany trailed the ongoing recovery in global car markets

Porsche India reports 52% increase in sales at 154 units in Jan-Mar qtr

Porsche India also recorded the highest number of Macan SUVs sold in a quarter since 2015

Used luxury car market on a roll as volumes slowly accumulate

Martin Schwenk, country head for Mercedes-Benz, says the ratio of used Mercs to new ones is 1:4 - that is 25 per cent of all its car sales, underscoring the importance of the segment

Car review: Does Mercedes-Benz E-Class purport to replace the S-Class?

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

India a potential market for Panamera sedan: Porsche

Luxury sports car maker Porsche has said India is a potential market for its recently-launched new-generation Panamera sedan even as its focus will remain on all models across segments. Porsche India also said the launch of the new-format showrooms in Delhi and Mumbai in a short span of three months exhibits investors' confidence in its business here despite the pandemic. The company, part of the German auto giant Volkswagen group, last month rolled out the 2021 edition of Panamera in four variants -- Panamera, GTS, Turbo S, and Turbo S E-hybrid, priced between Rs 1.45 crore and Rs 2.43 crore (both ex-showroom). After setting up its first Porsche Studio in Delhi in January, the company opened another one in Mumbai earlier this week under a new dealer partner Infinity Cars Pvt Ltd, a luxury car dealership group, which represents a variety of marquee brands across different cities. "For sure, India can also become a Panamera market in future. It is also one important segment which we

Mercedes-Benz rolls out A-Class limo to woo first-time luxury buyers

The A-Class launch is one of the 15 models Mercedes plans to launch this calendar year as it seeks to consolidate its leadership position in a market that has been stuck in the slow lane.

Luxury carmaker BMW India launches 220i Sport priced at Rs 37.9 lakh

The coupe comes with two-litre petrol engine which churns out an output of 190 hp enabling it to accelerate from 0 -100 km/hr in just 7.1 seconds

Luxury carmaker Audi launches new version of S5 Sportback at Rs 79.06 lakh

The new Audi S5 Sportback comes with features such as a flat-bottomed steering wheel, sport front seats, virtual cockpit plus

A35 AMG limousine: Mercedes-Benz's compact sedan will please thrill seekers

The A35 product model is Mercedes-Benz's newest and smallest sedan to arrive on Indian shores

BMW drives in M340i xDrive in India priced at Rs 62.9 lakh

German luxury carmaker BMW on Wednesday said it has launched M340i xDrive in India priced at Rs 62.9 lakh (ex-showroom). Locally produced at the company's Chennai plant, the model is the first high-performance BMW with an M engine to be made in India. "We are excited to launch the first-ever BMW M340i xDrive, the quickest car to be locally produced in India - a completely novel high-performance product that the Indian auto enthusiasts have been waiting for eagerly," BMW Group India President Vikram Pawah said in a statement. It is a unique car because it has the thrilling soul of the BMW 3 Series, the amplified power of M and the driving dynamics of BMW xDrive, he added. The M340i xDrive is powered by a 2,998 cc six-cylinder petrol engine with 387 hp of power which enables it to sprint from 0 to 100 km/h in 4.4 seconds, making it the quickest car to be produced in the country. The engine comes mated with eight-speed automatic transmission.

BMW group's Mini brand grows and stays strong where others pack up

The storied automobile brand owned by the BMW group has established itself as a premium small car brand in India boosting its sales to over 500 units last year

Average selling price of used cars falls first time in five years: Report

Change in emission norms dragged impacted demand, leading to price drop

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

Luxury carmaker BMW to bring 25 new products in India this year

BMW looks to accelerate sales growth, leaving behind the worst of the coronavirus pandemic

China's appetite for luxury cars is now a boon for eastern European nations

Slovakia and the Czech Republic, which make the most cars in the world per capita, have closed shops to tame second wave of Covid-19. Their factories, however, continue to churn out luxury vehicles

BMW launches Mini John Cooper Works Hatch in India at Rs 46.9 lakh

German luxury carmaker BMW launched limited edition Mini John Cooper Works Hatch in India priced at Rs 46.9 lakh (ex-showroom)

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

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

Rolls-Royce says demand for luxury cars recovering due to sales in Asia

Torsten Muller-Otvos said the demand meant Rolls-Royce was the first car company to resume car production in the United Kingdom on May 4