Page 2 - Luxury Carmakers

BMW launches X4 Silver Shadow Edition; price starts at Rs 71.9 lakh

Locally produced at BMW Group plant in Chennai, the new exclusive edition comes in both petrol and diesel engine options

Spinny launches Spinny Max to sell luxury segment pre-owned cars

A detail-oriented new Spinny Max section will be added to the Spinny app, the platform added

Audi India plans to develop market by bringing in more products

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

Carmakers brace for a fresh round of price hikes from January 2022

Though an annual affair, chip crunch this time around is steering the price wheel

Mercedes-Benz rolls out new locally-produced S-Class; price at Rs 1.57 cr

German premium car maker Mercedes-Benz on Thursday rolled out the new locally-produced S-Class from its Chakan facility in Pune at price starting from Rs 1.57 crore.

Daimler CEO says carmakers could face chip shortage into 2023

"Several chip suppliers have been referring to structural problems with demand," Ola Källenius told reporters during a roundtable event ahead of the Munich IAA car show

Tesla's duty cut demand reopens debate between domestic and foreign players

Analysts also believe an import duty cut on EVs will spur growth and help create a market for high-end vehicles

Daimler to keep 35% stake in trucks business, spin off this year

Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said, giving more details on a landmark corporate split it hopes will boost share values

Ferrari enters luxury fashion, unveils ready-to-wear collection

The seasonless collection will be trickled out in six drops this year, with 80 per cent meant to be genderless and available in a range of sizes from XXXS to XXXL

BMW launches contactless vehicle service initiative for customers in India

As per the initiative, customers can select the required type of service, choose a convenient date and time slot along with the nearest BMW workshop.

Mercedes shifts retail sales structure in India to direct-to-customer model

The move is aimed at bringing better financial health for its dealer partners while offering customers uniform transparent price, a wider choice of vehicles and a seamless purchasing experience.

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

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

High demand in luxury car market will sustain: Mercedes India CEO Schwenk

We think these new products drove in customer confidence into the brand and our customers appreciated this momentum, said Schwenk

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

Mercedes to launch 15 new models in India to bolster its pole position

New launches to help the company drive a 40 per cent growth in the next 2 years

BMW to increase vehicle prices in India by up to 2% from January

This applies to BMW's entire model range in India

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

Car makers pull all stops to beat the pandemic blues ahead of festivals

The benefits range from cash discounts, attractive EMIs to Covid-19 cover

Big Boy Toyz eyeing non-metros for pre-owned luxury car business

Firm says it's mostly aspirational buyers from Tier-2 and 3 cities who come looking for used luxury cars for better value for money