Bmw Group

BMW India consolidated net profit rises 52% to Rs 311 crore in FY24

Car sales witness 61 % Y-o-Y growth

Luxe automakers on top gear to woo buyers in upscale lounge ambience

They are updating dealership networks to offer customers a more luxurious lounge

BMW sales drop due to China's EV, CEO asks to cancel new fossil ban plan

Demand in China, the world's biggest auto market, is suffering from a flagging economy, while foreign carmakers face stiff competition from local manufacturers offering cheaper models, especially EVs

Mercedes, BMW reveal names of EV battery makers amid fire fears in Korea

At a meeting Tuesday, the government said it planned to advise all EV makers to voluntarily disclose the names of battery suppliers

BMW Group India begins Q1 2024 with 51% sales growth to 3,680 units

Luxury Class cars also performed well, with a 152 per cent growth for BMW. Models like the 7 Series, X7, and the new XM played a key role in this achievement

BMW, Tata Technologies to form JV for developing automotive software

The two firms have signed an agreement to form a joint venture (JV) with the aim to establish an automotive software and IT development hub in Pune, Bengaluru, and Chennai

BMW Group India races to new peak in record year for luxury car sales

Govt should rationalise duty structure if it wants faster adoption of new technologies: India head Pawah

BMW boosts earnings with higher-priced, electric cars; revenue up 3.4%

The German group has maintained a cautiously optimistic tone through the year, and raised its automotive margin outlook in August

Struggling BMW blames supply-chain issues even as luxury car sales flourish

BMW's sales for the quarter (January-March) were down 14 per cent year-on-year as the company sold 2,268 units

Luxury car maker BMW launches two new models including all eclectic BMW i7

The BMW 740i M Sport is locally produced at BMW Group Plant, Chennai while the all-electric BMW i7 xDrive60 is available as a completely built-up unit (CBU)

BMW expects sales momentum to continue next year; lines up 8 new launches

With 2022 turning out to be the best ever year in terms of sales, luxury carmaker BMW India expects volume to remain robust in 2023 as well as it looks to drive in multiple products, including electric sedan i7. The carmaker, which sells products under BMW and Mini brands in the car segment and bikes under BMW Motorrad, is all set to introduce eight products over the next eight weeks in the country. "For us, we believe it (sales momentum) will carry on for sure. We got fantastic products coming next year as well. We are starting with eight big launches with three being super big products, so I am very confident. We will grow in a very strong way in 2023 as well," BMW Group India President Vikram Pawah told PTI in an interaction. He was replying to a query whether the company would be able to maintain sales growth next year as well. Pawah noted that the domestic car market is witnessing a positive phase and is expected to carry forward to 2023 as well. "People are looking at buying

L&T Tech Services wins 5-year deal from BMW Group in infotainment domain

Engineering services firm L&T Technology Services announced on Monday that it has won a five-year, multi-million-dollar deal from European luxury automaker BMW Group to provide high-end engineering services for its suite of infotainment consoles targeted for its family of hybrid vehicles. The LTTS team of engineers will be providing services in the areas of software build and integration, infotainment validation and defect management, the company said in a statement. "The large deal was awarded to LTTS because of its deep domain expertise and engineering leadership in transportation technologies and LTTS' proven ability to offer unique opportunities to scale up existing projects and work on new ones," it said. LTTS said it has an existing near shore centre which provides engineering and R&D services for BMW Group's suite of infotainment consoles and its family of hybrid electric vehicles. The proximity to BMW Group's campus will enable LTTS' engineers to work on a variety of ..

BMW muscles through global chip shortage with jump in profit

Group earnings before tax surged 50 per cent to 2.9 billion euros ($3.4 billion) in the third quarter, BMW said

BMW drives in new MINI Countryman in India priced at Rs 39.5 lakh

Locally produced at the company's Chennai plant, the new MINI Countryman is available in two petrol variants

Car review: Entry-level sedan costs less, but stays true to BMW DNA

Is the 2 Series worth the money? For those who've always wanted to drive a BMW in India, the 2 Series is easily the most fun to drive everyday car that money can buy

BMW drives in its mid-sized X3 M SAV in India priced at Rs 99.9 lakh

German luxury carmaker BMW on Monday said it has launched mid-sized sports activity vehicle (SAV) X3 M in India priced at Rs 99.9 lakh (ex-showroom). The model is designed to offer standout performance characteristics, personified with squarely geared features to meet the functional requirements of a high-performance car, the automaker said in a statement. The BMW X3 M comes as a completely built-up unit (CBU), it added. "The introduction of a high-performance mid-size SAV will further strengthen our presence in the segment & entice new driving experiences," BMW Group India President Vikram Pawah said. Uniqueness of the first-ever BMW X3 M lies in a newly developed powerful engine and sophisticated chassis technology, he added. "This vehicle, to the very last detail, offers a unique combination of luxury and sporting dynamics, providing an exciting, safe and novel driving experience to our customers. The new SAV is equipped with world-class features, evidently distinguishing it ..

BMW Group restarts Chennai plant with 50% workforce; WFH for office staff

Plant layout redone to ensure strict social distancing, individual protective gear for all employees, daily health check-ups

The all new updated version of second-generation BMW X1 in pictures

Locally produced at BMW Group Plant Chennai, the car is available in BS VI diesel and petrol variants at all BMW dealerships across India

Rolls-Royce records best-ever sales in its 116-year history in 2019

A total of 5,152 cars were delivered to customers in over 50 countries, an increase of 25 per cent on the previous high set in 2018

Kathrin Frauscher new MD and CEO of of BMW Financial Services India

She has been with BMW Group since 2007, in her last role she was CEO of BMW Financial Services Denmark