Daimler says hacking concerns drive Nokia maps bid

Last Updated: Thursday, July 23, 2015, 15:17

Germany`s premium car makers are close to a deal to buy Nokia`s HERE for between 2.5 billion and 3 billion euros.

Force Motors targets Rs 3,000 cr revenue in 3 years

Last Updated: Tuesday, July 21, 2015, 21:29

Pune-based Force Motors expects to triple its revenue to Rs 3,000 crore in next three years driven by its contract manufacturing business for leading automobile companies like Mercedes Benz and BMW.

BMW launches new X3 variant at Rs 59.9 lakh

Last Updated: Tuesday, July 7, 2015, 16:06

BMW X3 is now available in two variants -- BMW X3 xDrive 30d M Sport and BMW X3 xDrive 20d.

Germany auto makers ready offer for HERE as deadline looms

Last Updated: Thursday, June 18, 2015, 08:28

Finland`s Nokia started an auction of its HERE high-definition maps business while it focuses on completing its 15.6 billion euros ($17.2 billion) takeover of network equipment maker Alcatel Lucent.

Mercedes confident of retaining top slot in luxury car market

Last Updated: Sunday, June 14, 2015, 15:13

The brand is also hopeful that the luxury car space will outgrow the overall industry growth by a huge margin with over 20 percent growth this fiscal.

2016 BMW 7-series to be unveiled today?

Last Updated: Wednesday, June 10, 2015, 10:49

The BMW 7-series sedan will come with an evolutionary design, pitting it against the likes of Mercedes-Benz S Class and the Audi A8.

BMW launches 3 Series Gran Turismo Sport Line at Rs 39.9 lakh

Last Updated: Tuesday, June 9, 2015, 18:05

German luxury carmaker BMW Tuesday launched an updated version of its 3 Series Gran Turismo Sport Line sedan in India with an introductory price tag of Rs 39.90 lakh (ex-showroom Delhi).

All new BMW G11 7 Series to be uneviled on June 10

Last Updated: Wednesday, June 3, 2015, 13:04

The teaser video shows the ‘Carbon Core’ badge present on the new 7-er, highlighting its passenger cell which is constructed from carbon-fiber reinforced plastic (CFRP), which in turn lead to weight savings of 130 kg.

BMW launches new '6 Series Gran Coupe' priced up to Rs 1.21 crore

Last Updated: Friday, May 29, 2015, 14:59

German luxury carmaker BMW on Friday launched an updated version of its '6 Series Gran Coupe', priced up to Rs 1.21 crore (ex showroom Delhi).

German carmakers team up with General Atlantic to bid for Nokia's HERE: Sources

Last Updated: Thursday, May 21, 2015, 19:03

Germany`s premium automakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to raise their chances of clinching Nokia`s map unit HERE by overtaking Internet bidders, two people familiar with the matter said.

BMW one big, happy family as squabbles damage rival Volkswagen

Last Updated: Wednesday, May 13, 2015, 23:34

The comments from Stefan Quandt, whose family controls a stake of almost 47 percent in the Bavarian carmaker, highlight the contrasting fortunes at two of Germany`s most influential companies.