Spa, gymnasium, hotel rooms to become costlier as Delhi govt notifies hike in luxury tax

Last Updated: Friday, July 31, 2015, 23:43

Going to spa, gymnasium and living in expensive rooms in hotels will become costlier from Saturday with the Delhi government notifying the increase in luxury tax.

Volvo eyeing 10% share in luxury car market in India

Last Updated: Friday, July 31, 2015, 20:47

Eyeing 10 percent market share in luxury car segment in India by 2020, Swedish carmaker Volvo plans to introduce four new models in the country, a senior official said here on Friday.

Tata JLR considers setting up new plant in Poland

Last Updated: Monday, July 27, 2015, 10:28

Tata Motors-owned luxury carmaker Jaguar Land Rover (JLR) is planning to set up a new plant to make about 200,000 cars annually in eastern Europe. Rumours have it that the company is zeroing in on Poland.

BMW launches 'X6 Sports Activity Coupe' at Rs 1.15 crore

Last Updated: Thursday, July 23, 2015, 19:37

World's third largest luxury car maker BMW India Thursday launched a souped-up version of its premium sports activity car X6 coupe for Rs 1.15 crore ex-showroom, national.

Luxury sports car maker Ferrari files for US IPO

Last Updated: Thursday, July 23, 2015, 16:54

Fiat Chrysler Automobiles (FCA) has submitted a request to US regulators for an initial public offering of its luxury sport car maker Ferrari in New York for the last quarter of the year.

PropTiger to list luxury flats on NewsCorp's MansionGlobal.Com

Last Updated: Thursday, July 23, 2015, 16:17

In November last year, News Corp acquired a 25 per cent stake in Singapore-based Elara Technologies Pte Ltd which owns PropTiger.Com.

Italian luxury carmaker Maserati drives into India again

Last Updated: Wednesday, July 15, 2015, 15:14

Maserati plans to launch models priced up to Rs 2.2 crore with three new dealerships in the country.

China market rout, slowing economy sap demand for luxury cars

Last Updated: Sunday, July 12, 2015, 13:07

A dozen BMW stores run by a dealer group with showrooms across China are being forced to provide increasingly steep discounts to entice customers, according to the head of the chain.

China market rout, slowing economy sap demand for luxury cars

Last Updated: Saturday, July 11, 2015, 16:53

Prices for German luxury cars in China are tumbling as the country`s stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers.

Volvo to launch new models to increase market share

Last Updated: Friday, July 3, 2015, 15:41

Swedish luxury car maker Volvo Corporation is hoping to garner a 10 percent market share by 2020 by launching new models, expanding distribution network and focusing on brand-building, said a top official of Volvo Auto India.