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Mercedes-Benz plans to open 14 outlets in 2015

Last Updated: Saturday, February 7, 2015, 18:20

"A qualitative network expansion planned for 2015 is pivotal for the brand's expansion and growth in India," said the Managing Director and CEO of the company, Eberhard Kern.

Tata Motors expects up to $5.8 bn in capex for JLR

Last Updated: Thursday, February 5, 2015, 21:01

Tata Motors Ltd said it expects to spend between 3.6 billion pounds ($5.51 bln) and 3.8 billion pounds ($5.8 bln) on capital expenditure at its luxury Jaguar Land Rover (JLR) unit in the fiscal year starting April 1.

BMW to increase local content in some models

Last Updated: Wednesday, February 4, 2015, 17:12

German luxury car maker BMW has partnered with auto-component suppliers to increase local content in its cars to around 50 percent.

BMW hikes localisation level, plans 15 launches this year

Last Updated: Tuesday, February 3, 2015, 20:49

German luxury car maker BMW is ramping up its localisation efforts in India with over 50 percent of parts of its vehicles produced at Chennai plant to be sourced from here.

Audi expects growth in double digits this year

Last Updated: Friday, January 23, 2015, 21:53

German auto maker Audi Friday said it expects to see a double-digit growth in its share in the luxury car market this year in India as there will be clarity on the way forward after budget and market will grow.

Audi A3 Cabriolet open top-four seater launched

Last Updated: Wednesday, January 7, 2015, 21:15

Priced at Rs 44.75 lakh ex-showroom Delhi.

VW's Audi to step up investments in 2015-19 on models, plants

Last Updated: Saturday, December 27, 2014, 16:05

Volkswagen`s flagship Audi division is to increase spending on new models, plants and technology through 2019 to push its goal of surpassing German rival BMW as the world`s largest luxury-car manufacturer.

Mercedes Benz C-class Grand Edition launched; price starts Rs 36.81L

Last Updated: Tuesday, January 28, 2014, 17:16

German luxury car maker Mercedes-Benz Tuesday launched new C-class Grand Edition, both in petrol and diesel variants, priced at Rs 36.81 lakh and Rs 39.16 lakh (ex-showroom Mumbai) respectively in the domestic market.

Auto Expo 2014: Audi A3 sedan to make debut

Last Updated: Thursday, January 16, 2014, 19:33

Audi became the first luxury car maker in India to cross the 10,000 milestone in 2013 by posting 11 percent.

BMW keeps luxury sales crown as Audi, Mercedes catch up

Last Updated: Monday, January 13, 2014, 18:48

BMW posted the smallest gain in December sales of Germany`s top three premium-car brands as the battle with Audi and Mercedes-Benz for the luxury-sales crown is heating up.

Audi India 2013 sales up 11%, crosses 10,000 units milestone

Last Updated: Friday, January 3, 2014, 13:42

German auto major Audi on Friday reported 11 percent growth in its 2013 sales at 10,002 units in India, thus becoming the first luxury car maker to cross the 10,000 milestone in the country.

'Demand in luxury car mkt is strong'

Last Updated: Wednesday, December 18, 2013, 23:14

"The demand in the luxury car market segment continues to be strong. We will be doing about 15-16 units this (financial) year....", Performance Cars Managing Director Lalit Choudary said.