Page 3 - Luxury Car Sales

Lexus drives in all-new version of NX 350h SUV in India at Rs 64.9 lakh

Toyota's luxury car arm Lexus on Wednesday launched the all-new version of its NX 350h SUV in India with a price starting at Rs 64.9 lakh (ex-showroom).

Art, jewellery, cars, stocks, real estate: Where do the ultra-rich invest?

According to Knight Frank report, art emerged as the top investment avenue

Chip shortage has given big boost to our used-car biz: BMW Group India CEO

BMW Group India had planned to launch 28 products this year: 15 BMW; five MINI; and eight Motorrad, said CEO Pawah

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

BMW group sales cross 100,000 units sales since entry 14 years ago

Despite challenges from second Covid wave, BMW India has sold 70 per cent more luxury vehicles at over 9,600 units at group level across its three brands during first nine months of year

Mercedes-Benz to sell all-electric SUV EQC across all dealerships in India

German luxury carmaker Mercedes-Benz on Thursday said it will start selling its all-electric SUV EQC across all dealerships in India under the phase II expansion strategy.

BMW pays 373 million euro fine to settle European Union emissions probe

The carmaker said it had paid a 373 million euro ($441 million) fine over collusion on setting standards for the Adblue additive used in diesel cars

Mercedes-Benz India reports 65% growth in retail sales during H1 2021

Luxury carmaker Mercedes-Benz on Thursday reported a 65 per cent growth in its retail sales in India at 4,857 units in the first half of 2021 driven by new launches and strong demand for top-end cars

Mercedes Benz sees sales rising 50% in H1 as second Covid-19 wave recedes

According to the CEO, last year the company saw a V-shaped recovery after the first lockdown was lifted

In India's pandemic, the rich buy luxury cars and the poor lose their homes

Obsessed with keeping a lid on borrowing costs, the government is making things worse for the common man by its regressive consumption taxes.

With direct-to-customer model, Mercedes-Benz in the retail driving seat

The luxury car maker offers a new marketing template that reorients its relationship with dealers, customers

Booming sales in China propel BMW to strong profits, Germany lags

The firm's home market Germany trailed the ongoing recovery in global car markets

Porsche India reports 52% increase in sales at 154 units in Jan-Mar qtr

Porsche India also recorded the highest number of Macan SUVs sold in a quarter since 2015

Used luxury car market on a roll as volumes slowly accumulate

Martin Schwenk, country head for Mercedes-Benz, says the ratio of used Mercs to new ones is 1:4 - that is 25 per cent of all its car sales, underscoring the importance of the segment

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

India a potential market for Panamera sedan: Porsche

Luxury sports car maker Porsche has said India is a potential market for its recently-launched new-generation Panamera sedan even as its focus will remain on all models across segments. Porsche India also said the launch of the new-format showrooms in Delhi and Mumbai in a short span of three months exhibits investors' confidence in its business here despite the pandemic. The company, part of the German auto giant Volkswagen group, last month rolled out the 2021 edition of Panamera in four variants -- Panamera, GTS, Turbo S, and Turbo S E-hybrid, priced between Rs 1.45 crore and Rs 2.43 crore (both ex-showroom). After setting up its first Porsche Studio in Delhi in January, the company opened another one in Mumbai earlier this week under a new dealer partner Infinity Cars Pvt Ltd, a luxury car dealership group, which represents a variety of marquee brands across different cities. "For sure, India can also become a Panamera market in future. It is also one important segment which we

Mercedes-Benz rolls out A-Class limo to woo first-time luxury buyers

The A-Class launch is one of the 15 models Mercedes plans to launch this calendar year as it seeks to consolidate its leadership position in a market that has been stuck in the slow lane.

Luxury carmaker BMW India launches 220i Sport priced at Rs 37.9 lakh

The coupe comes with two-litre petrol engine which churns out an output of 190 hp enabling it to accelerate from 0 -100 km/hr in just 7.1 seconds

Luxury carmaker Audi launches new version of S5 Sportback at Rs 79.06 lakh

The new Audi S5 Sportback comes with features such as a flat-bottomed steering wheel, sport front seats, virtual cockpit plus

A35 AMG limousine: Mercedes-Benz's compact sedan will please thrill seekers

The A35 product model is Mercedes-Benz's newest and smallest sedan to arrive on Indian shores