Page 3 - Luxury Car Market
Lamborghini India to bring in raft of new models from Q2 of Calendar 2021
The Italian super carmaker riding on hopes of a recovery
 "Lamborghini India to bring in raft of new models from Q2 of Calendar 2021")
Mercedes starts local assembly of AMG models to make them affordable
As compared to a fully imported model, the local production makes the model cheaper by Rs 25 lakh
 "Mercedes starts local assembly of AMG models to make them affordable")
Explained: Why premium carmakers focus on entry-level offerings in India
Automakers are caught in a peculiar chicken-and-egg situation: Prices have to come down if volumes are to increase and volumes won't increase unless prices come down
 "Explained: Why premium carmakers focus on entry-level offerings in India")
Frequent policy changes, taxes hurting luxury car market: Audi India head
Cars priced above Rs 25 lakh account for a per cent in India's 3 million-car market and share has remained unchanged over the last five years
 "Frequent policy changes, taxes hurting luxury car market: Audi India head")
Luxury car mkt projected to reach 2018 level by 2022: Lexus India president
Country head P B Venugopal tells Pavan Lall that hybrid roll-out is going to dominate the firm's product strategy
 "Luxury car mkt projected to reach 2018 level by 2022: Lexus India president")
India has huge talent pool, must market itself better: Volvo Cars India MD
Frump tells Pavan Lall that India has a huge talent pool but it must learn to market itself better to the world
 "India has huge talent pool, must market itself better: Volvo Cars India MD")
Mercedes-Benz India to offer full-range of vehicles online starting Friday
Under the used car business, more than 150 cars were sold online in the months of January and February in 2020
 "Mercedes-Benz India to offer full-range of vehicles online starting Friday")
BMW India CEO Rudratej Singh dies due to cardiac arrest
The German auto major had appointed Singh as head of India operations with effect from August 1, 2019
 "BMW India CEO Rudratej Singh dies due to cardiac arrest")
Indian luxury car market to be flat in 2020, growth to return in 2021: Audi
Indian luxury car market, comprising top five players -- Mercedes, BMW, Audi, JLR and Volvo, witnessed a total sales of 40,340 units in 2018 and is expected to see a decline in 2019
 "Indian luxury car market to be flat in 2020, growth to return in 2021: Audi")
Luxury car market back on track, Mercedes-Benz, BMW sales grow up to 11%
Mercedes said it saw 40 per cent jump in June sales.
 "Luxury car market back on track, Mercedes-Benz, BMW sales grow up to 11%")
Luxury car buyers in NCR opt for petrol engines
Following the Supreme Court ban on sales of diesel vehicles with engine capacity of 2,000cc and above in the NCR
 "Luxury car buyers in NCR opt for petrol engines")
