Search Results for 'luxury car'

Audi opens the largest luxury car showroom in Gujarat

Audi opens the largest luxury car showroom in Gujarat

Audi announced the opening of the Gujarat’s largest luxury car showroom in Ahmedabad on Sola road.  The brand with the four rings has continued its association with the existing dealer partner in Ahmedabad by moving to a lar [...]

Posted On : Nov, 26 2012 | Comments : 0

Luxury carmakers entering into the hatchback segment

Luxury carmakers entering into the hatchback segment

German luxury carmakers are making an entering into the hatchback segment in India. Mercedes-Benz and BMW both have announced the launch of their hatchbacks, A-Class and 1 Series respectively next year. Audi India hasn’t made any [...]

Posted On : Nov, 26 2012 | Comments : 0

Luxury carmakers betting on local assembly

Luxury carmakers betting on local assembly

Stung by high import duties on Completely Built Units (CBUs), which went up from 60 percent to 75 percent in the 2012 Budget, India’s luxury carmakers are gearing up to locally assemble strategic models instead of merely importin [...]

Posted On : Oct, 20 2012 | Comments : 0

Mercedes-Benz India targets 30 percent stake in luxury car market in India by 2022

Mercedes-Benz India targets 30 percent stake in luxury car m...

In its long term plans for the Indian auto market, Mercedes-Benz India has aimed to secure 30 percent of market stake in the premium car segment. While BMW and Audi have remained its top contenders, Jaguar Land Rover has emerged as a n [...]

Posted On : Sep, 26 2012 | Comments : 0

Luxury car makers to tap Rs 25-30 lakh car segment

Luxury car makers to tap Rs 25-30 lakh car segment

The Indian luxury car market is all set to see different action with major luxury car makers, the three competing peers from Germany will unleash new range of cars in the Rs 25-Rs 30 lakh car segment. The luxury car makers Mercedes Ben [...]

Posted On : Aug, 08 2012 | Comments : 0

BMW’S MD mentions luxury car segment will register slowest growth, concur by Mercedes-Benz

BMW’S MD mentions luxury car segment will register slowest g...

Analysts believe that the premium luxury car segment of the India auto industry will report a negligible growth this year, at its slowest rate, against the data of last ten years. As per the Managing Director of BMW India, Andreas Scha [...]

Posted On : Jul, 30 2012 | Comments : 0

Volvo to enter luxury car race in India

Volvo to enter luxury car race in India

The Indian luxury auto market is being driven and dominated by German premium carmakers but now there is a new entrant on the race track as Volvo Auto India prepares itself to take over the competition. So now BMW, Audi and Mercedes Be [...]

Posted On : Jul, 18 2012 | Comments : 0

Audi overtakes BMW in luxury car sales for June

Audi overtakes BMW in luxury car sales for June

The luxury car market in India has been dominated by the three German luxury car makers BMW, Mercedes Benz and Audi for some time now. BMW which had dismantled Merc from the top slot quite some time back has been now overtaken by the a [...]

Posted On : Jul, 12 2012 | Comments : 0

Slow but steady increase in sales of luxury cars in India

Slow but steady increase in sales of luxury cars in India

In past two years, the sales of luxury cars in India have been slower than anticipated. Fluctuations in economy, steep rise in fuel prices, and high interest rates are the reasons behind such crawling pace. All luxury cars in Rs. 20 lac [...]

Posted On : Jul, 04 2012 | Comments : 0

Mercedes Benz India wants to reclaim pole position in Indian luxury car segment by 2020

Mercedes Benz India wants to reclaim pole position in Indian...

Mercedes Benz, which held the number one position in the luxury car segment until a few years ago, is once again sure that it would achieve the pole position in coming time. Since its entry in the Indian auto market in 1995, Mercedes B [...]

Posted On : Jun, 26 2012 | Comments : 0

Audi aims to claim top spot as India's leading luxury car maker by 2014

Audi aims to claim top spot as India's leading luxury car ma...

Audi claims that it can snatch the number one position from its rival BMW by 2014. This statement by the company sets the expected time to become the country's leading luxury car manufacturer one year ahead of its previous deadline [...]

Posted On : Jun, 18 2012 | Comments : 0

Luxury car market growth dropped down to 20 per cent in 2012

Luxury car market growth dropped down to 20 per cent in 2012

Compared to the growth rate of 50 per cent recorded over the last five years, the luxury car sales are speculated to grow at the humble rate of 20 per cent in 2012. The hike in import duty and excise that was announced in the Union Bud [...]

Posted On : Jun, 08 2012 | Comments : 0

Volvo hoping to triple its luxury car sales this year

Volvo hoping to triple its luxury car sales this year

The Swedish luxury car maker Volvo is now hopeful of almost tripling its sales this year though it is very small in numbers compared to its German luxury car maker peers. Last year, the Swedish car-maker sold 320 cars in the country an [...]

Posted On : Apr, 23 2012 | Comments : 0

Audi overtakes Mercedes to gain second spot in the Indian luxury car market

Audi overtakes Mercedes to gain second spot in the Indian lu...

The race for the luxury car market top spots has been interesting in Indian auto market with three domineering German auto marquees vying for the slots. After losing the crown of top luxury carmaker in India to in 2009, Mercedes Benz h [...]

Posted On : Apr, 12 2012 | Comments : 0

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