New Delhi: Sales of super luxury cars are set to surpass previous peaks for the third straight year in India, even as mainstream auto makers are struggling to clear their piled-up inventory by offering massive discounts. A Lamborghini booked now will be delivered only in 2026 or later, as the supercar maker has sold all … Read more
Italian super luxury automaker Automobili Lamborghini expects exponential growth in India with the potential to become a top market in the Asia Pacific region in the long-term, driven by customers who are the youngest globally, according to a senior company official. With the company selling a record 103 units in India in 2023, Automobili Lamborghini … Read more
Mumbai: Luxury car sales slowed in the first half of the year with combined sales at Mercedes-Benz, BMW and Audi growing 5.5% from a year earlier to 18,843 units, according to data from companies. This compares with a 23% on-year increase in the first half of 2023 at 17,869 units. Carmakers attributed the sluggish performance … Read more
India’s new policy for electric vehicles, aimed at inviting the likes of Tesla to start manufacturing in India, ensures that the king of Indian EVs and the king of American EVs drive in separate lanes but Tata Motors and Tesla may race against each other in the luxury car segment. Posing competition risk to a … Read more
Guwahati: Audi, the luxury car manufacturer inaugurated a new pre-owned car facility, Audi Approved: plus in Guwahati, Assam. The inauguration of Audi Approved: plus in Guwahati signifies an addition to Audi India’s retail presence, now harboring a total of 26 such pre-owned car facilities in India. Balbir Singh Dhillon, Head of Audi India said, “Audi … Read more
BMW plans to expand in India’s emerging electric car market, aiming to win over rich consumers in the world’s most-populous nation amid a growing emphasis on clean energy.The German automaker expects electric vehicles to account for 25% of its sales in the country by 2025, Vikram Pawah, president of the company’s India business said in … Read more
German automotive group BMW on Thursday reported record sales of its luxury cars and motorcycles in India at 22,940 units in 2023. The automaker sold a total of 14,172 units across BMW and MINI brands last year. It also retailed 8,768 units of motorcycle (BMW Motorrad) in 2023. The company’s sales rose by 19 per … Read more
