Bmw

Volkswagen India 'misclassified imports'; faces $1.4 bn tax evasion notice

A notice dated Sept 30 says Volkswagen used to import 'almost the entire' car in unassembled condition -- which attracts a 30-35 per cent import tax in India under rules for CKD, or completely knocked

Bombay HC not to release Mihir in BMW hit-run case over 'illegal' arrest

The Bombay High Court on Monday refused to release Mihir Shah, the main accused in a BMW hit-and-run case, on the ground of "illegal" arrest. Shah, the 24-year-old son of a former Shiv Sena leader, and his driver Rajrishi Bidawat had filed petitions in the HC claiming they have been illegally detained and sought immediate release. Shah was arrested on July 9, two days after he allegedly rammed his BMW car into a two-wheeler in Mumbai's Worli area, killing 45-year-old woman Kaveri Nakhwa and leaving her husband Pradeep injured. His driver Bidawat, who was also present in the car at the time of the accident, was arrested on the day of the incident. As per their pleas, the police had not informed them the grounds of their arrest at the time, which they claimed was in violation of the law. A division bench of Justices Bharati Dangre and Manjusha Deshpande on Monday dismissed the petitions. "Both the petitions are dismissed," the court said. The duo sought their release, claiming any

Luxury automakers hike prices up to 3% amidst rising material costs

Mercedes-Benz India will revise ex-showroom prices by Rs 2 lakh to Rs 9 lakh, depending on the model

VW, BMW and, Mercedes getting left behind in auto race by China's EVs

The latest warning signs came last week, when all three German manufacturers reported slumping third-quarter sales in China

Tata Tech-BMW form 50:50 JV to focus on software-driven solutions

The partnership comes as automakers increasingly rely on software to drive innovation in their vehicles

BMW, MINI record 10% sales growth at 10,556 units during Jan-Sep period

German luxury carmaker BMW Group on Friday said its BMW and MINI brands recorded a 10 per cent year-on-year increase in sales, at 10,556 units in India during the January-September period of 2024. The number of cars (BMW and MINI) sold in the nine months of 2023 was 9,580 units. Besides, the group also sold 5,638 units of Motorrad brand of motorcycles, the group announced here on Friday. BMW Group comprises three brands--BMW, Mini and Motorrad. Of the 10,556 units, BMW Group said, it sold 10,056 units of BMW and the remaining 500 units of the MINI brand. "The highest ever car deliveries during January to September this year, reflects the synergy between a successful strategy and an unparalleled customer experience," said Vikram Pawah, President and CEO at BMW Group India. BMW Group India is changing the game with its long wheelbase product portfolio and a strong electric mobility offensive, he added. Key models like the BMW 7 Series Long Wheelbase, BMW 3 Series Long Wheelbase an

BMW JOY Days: Discover the joy of owning a BMW with exclusive festive offers

.

Samvardhana, Suprajit Engg, Goodluck shares slip as BMW cuts FY24 guidance

Shares of domestic auto component suppliers took a beating on Wednesday after Germany-based automaker BMW cut its Ebit margin and RoCE guidance due to escalating recall costs and delivery stops

BMW brake recall, VW job threat deepen German automobile industry crisis

BMW shares plunged after the company disclosed the spiraling cost of a recall affecting 1.5 million vehicles due to faults with their Continental AG braking systems

Luxury car buyers in India speed up shift to EVs, outpacing mass market

Mass-market EV sales dropped 10% year-on-year in August, but the luxury segment is seeing strong demand, with premium carmakers reporting a solid order pipeline

BMW recalling around 720,000 vehicles due to issue with water pump

The National Highway Traffic Safety Administration said that the recall includes some X1, X3 and X5 vehicles as well as some other models

BMW to recall 1.36 million cars in China over airbag risks, says regulator

For vehicles that have been confirmed to have defects after inspection, BMW will replace the driver's front airbag free of charge to eliminate safety hazards, the statement said

BMW hit-and-run: No traces of alcohol found in Mihir Shah's blood samples

The Worli police arrested the accused Mihir Shah from Virar Fata approximately 58 hours after the incident

India should keep its focus on EVs with regard to incentives: BMW Group

The German automobile company sells 24 models in India - one plug-in hybrid car, six EVs, and 17 internal combustion engine (ICE) cars

BMW hit-and-run: Main accused Mihir Shah gets 14-day judicial custody

A court here on Tuesday remanded Mihir Shah, the prime accused in the BMW hit-and-run case, in 14-day judicial custody. Shah, 24, was arrested on July 9, two days after he allegedly rammed his BMW car into a two-wheeler, killing a woman, identified as Kaveri Nakhwa (45), and leaving her husband, Pradeep, injured in Mumbai's Worli area. The main accused in the case was produced before Chief Metropolitan Magistrate (Sewri court) S P Bhosale at the end of his remand on Tuesday. Police sought extension of his custody saying the accused has not given information about the persons who harboured him while he was on the run. He has still not given information about the missing number plate, the police, represented by public prosecutors Ravindra Patil and Bharti Bhosle, submitted in the court. The probe is underway and considering the gravity of the offence, the custody should be extended, the prosecution said. Advocates Ayush Pasbola and Shudir Bhardwaj, appearing for Shah, opposed the .

News updates: Supreme Court to deliver judgment on Arvind Kejriwal's challenge to ED arrest on Fri

From PM Modi's pre-Budget meeting to RBI's retain inflation estimate for June, catch latest news updates from across the world here

BMW hit-and-run case: Why was the 23-year-old served alcohol? Updates

Mumbai BMW hit-and-run case: Mihir Shah and his friends consumed four large pegs of Whiskey each, and paid a bill amounting to more than Rs 20,000 before the tragic incident. Updates here

News updates: India has given Buddha to the world, not war, says PM to Indians in Austria

From Prime Minister Narendra Modi's Austria visit to Mumbai's hit-and-run case, and from Bihar's bridge collapse to bypolls in seven states, catch all the latest news updates here

BMW hit-and-run: Shiv Sena sacks Rajesh Shah, father of key accused

Amid mounting criticism, Maharashtra Chief Minister Eknath Shinde, who heads the Shiv Sena, on Wednesday sacked Rajesh Shah, whose son Mihir Shah was allegedly involved in the BMW hit-and-run, as the party's deputy leader. A one-line notice by Shiv Sena secretary Sanjay More said Rajesh Shah has been relieved from the post of the party's deputy leader. Shah, however, continues to be a member of the Shiv Sena. The opposition has heavily criticised the Sena over the incident that claimed a woman's life. A BMW car driven by Mihir Shah allegedly rammed into a two-wheeler in the Worli area of south-central Mumbai on Sunday morning, resulting in the death of Kaveri Nakhwa (45), who was riding pillion, while her husband Pradeep survived with injuries, police have said. Police had said that Shah, a Sena politician from the adjoining Palghar district, actively ensured Mihir's escape after the car crash. He is currently out on bail. Chilling details of the accident emerged in CCTV footage

BMW car crash: Sanjay Raut demands case trial in fast track court

Shiv Sena (UBT) leader Sanjay Raut on Wednesday demanded that the BMW hit-and-run case, in which a Shiv Sena politician's son is an accused, be tried in a fast track court and claimed attempts were being made to save the accused. Talking to reporters here, Raut wondered how the Mumbai Police could not trace the accused for three days and demanded capital punishment for him. Mihir Shah (24), son of a Shiv Sena politician Rajesh Shah, was arrested by the Mumbai Police on Tuesday, two days after he allegedly rammed his BMW car into a two-wheeler in Worli area, killing a woman, Kaveri Nakhwa (45), and injuring her husband. Raut claimed the accused was made to escape and hide and raised suspicion over the role of the Mumbai Police. "Can anyone believe that the Mumbai Police was not able to trace the accused for three days? He was made to flee for three days so that the alcohol content in his body could not be found," he said. "He should be given death penalty and the case be tried in a