Page 2 - Luxury Car Market

Demand for luxury cars in India rises to a new high, buyers getting younger

The sale of supercars, costing above Rs 2,5 crore, is set to be 600-650 in 2022. This is expected to fetch Rs 1,200 crore to the auto companies

Mercedes to recall 1 million cars on fear of faulty breaks: Report

The regulator, known as KBA, said that the affected cars were built between 2004 and 2015

Mercedes-Benz opens booking for new version of C-Class in India

The booking amount for the new C-Class is Rs 50,000 with bookings to open first for the C200 and C300d variants, followed by the C220d variant, the company said

Audi India plans to develop market by bringing in more products

German luxury car maker Audi plans to develop the market in India by bringing in more products and expanding the network across the country, an official of Audi India said on Friday

Audi launches new version of SUV Q7; price starting at Rs 79.99 lakh

The locally assembled vehicle is powered by a 3-litre petrol engine with a 48V mild-hybrid system generating 340 hp. It can accelerate from 0-100 km/hr in 5.9 seconds

Driven by SUV Macan, Porsche India sales grow 62% at 474 units in 2021

The company expects this sales momentum to continue in 2022 amid a strong order bank and further expansion of its product range

Mercedes-Benz to launch electric vehicle model, assemble EQS in India

Touted to be the 'S-Class of EVs', slated for a Q4 launch

High taxes hampering growth of luxury car segment in India: Audi

A high taxation regime is restricting growth of the luxury car segment in India and the government should look at lowering the levies in order to help the sector grow, according to automaker Audi

Hyundai unveils i20 N-Line, betting on fun-to-drive performance cars

The i20 N-Line is expected to add 1,000 units in monthly sales; the brand celebrates Hyundai's World Rally Championship success

Jaguar Land Rover India commences deliveries of new Range Rover Evoque

Jaguar Land Rover (JLR) India on Tuesday said it has commenced deliveries of new version of Range Rover Evoque in the country. The updated Evoque comes with 2-litre petrol and diesel powertrains. The 2-litre petrol engine delivers a power of 184 kW, while the 2-litre diesel engine generates 150 kW of power. The price of the model starts from Rs 64.12 lakh (ex-showroom). "Range Rover Evoque has always turned heads with its unique, modernistic and smart design. "With the introduction of new interior colorways and latest Land Rover technologies, the new Evoque's style quotient is even more enhanced and the new Ingenium powertrains make it more powerful and efficient," JLR India President & Managing Director Rohit Suri said in a statement. The new Range Rover Evoque comes with new features such as 3D surround camera, cabin air ionisation with PM2.5 filter, wireless device charging with phone signal booster and new infotainment system.

BMW boosts corporate venture investment pool to $900 million

BMW i Ventures, based in Mountain View, California, will manage the fund

Aim to be world's most profitable luxury carmaker: JLR CEO Bollore

Tata Motors-owned Jaguar Land Rover (JLR) aims to be the world's most profitable luxury car manufacturer, according to Chief Executive Officer Thierry Bollore.

Large but easy to drive, BMW 6 Series GT lives up to its 'grand tourer' tag

The car serves up comfort on long drives

Car review: Does Mercedes-Benz E-Class purport to replace the S-Class?

The Mercedes-Benz E-Class LWB may not quite replace the S-Class but it is a classier, spacious upgrade from older avatars

Raring to become the king in the vast pre-owned luxury car market of India is Kings Auto

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Rolls-Royce plunges to worse-than-expected $5.6 billion loss

On an underlying pretax basis, Rolls posted a loss of 4 billion pounds, worse than the 3.1 billion pound loss forecast by analysts

Aston Martin surges as demand for $223,000 SUV brightens outlook

The company plans to produce 6,000 vehicles this year, up from just 3,394 in 2020, with the £158,000 ($223,000) DBX model accounting for much of that output

Luxury carmakers rev up in India, plan over 50 new models after Covid pain

With over 50 new launches this year, super-premium marques are taking a calculated bet on the Indian market that touched a decadal low in 2020

Explained: How Apple can tackle the $230 billion luxury car market

The iPhone maker has reignited efforts to build its own vehicle, Reuters reported last month, though it's at least five years away from production

Reduction in cess to help expand luxury car segment in India: Mercedes

The automaker, which remains cautiously optimistic about its sales outlook in the country next year, noted that reduction in cess would help the luxury car segment in India attain critical mass