German luxury car manufacturer Audi on Thursday launched its sports utility vehicle (SUV) Q5, available in two engine options — 2.0 TFSI (petrol) and 3.0 TDI (diesel) — priced at Rs. 38.29 lakh and Rs. 44.19 lakh, respectively.Read Full News
On the occasion of the inauguration of Audi's first showroom in India - in Kochi - Benoit Tiers, the Audi India Managing Director, said that the German luxury car manufacturer was looking at a 55 percent growth this fiscal from the Indian market, and is expecting a sale of 1,500 cars. Read Full News
Hyundai Motor India has decided to have one more production base for its i20 cars. The new manufacturing base will be outside India. In the light of the changing environment, the company management sees a lot of economic sense in serving the i20 needs of Europe from a production location closer to the market.Read Full News
Maruti Suzuki (MRTI.BO), India's leading car maker, has no plans to enter the Nano segment even though it expects the world's cheapest car to have a marginal impact on sales of its small car model. Tata Motors' (TAMO.BO) Nano is due to hit the market in July. The base model has been priced at around 123,000 rupees ($2,400) in New Delhi, much below Maruti's lowest-priced 800 cc small cars which start at around 187,000 rupees.Read Full News
Japanese car giant Suzuki launched its fifth global small car Alto at the Geneva Motor Show on Wednesday. The car will be imported from its manufacturing base in India.Read Full News
Despite the auto industry facing the brunt of a slowing economy, the high-end segment seems to have weathered the storm with luxury carmaker Audi reporting a considerable increase in their monthly sales for the second consecutive month. Read Full News
Mahindra & Mahindra (M&M) on Tuesday unveiled the much awaited Mahindra Xylo at its plant here. The multi-purpose vehicle, priced at Rs. 6.25 lakh (ex-showroom Delhi) for its base model E2, will be available in eight shades and a total of four variants (E2, E4, E6 and E8) with the top-end E8 available at Rs. 7.70 lakh (ex-showroom Delhi) against Toyota Innova, priced at Rs. 9.29 lakh. Xylo will be available at the company’s dealership network in 57 places. Read Full News
German luxury carmaker Audi today reported a sale of 1,050 units in the country in the year 2008, a three-fold rise compared with the sale of 349 units in the previous year.Read Full News
Audi India on Tuesday said it is cutting prices of its cars following revision of excise duty and central value added tax by four percent.Read Full News
In an audacious move, German luxury car maker Audi has launched Audi R8, a sports car that carries a price tag of Rs.1.17 crore (ex-showroom New Delhi), in India. However, according to Benoit Tiers, managing director, Audi India, R8 is not just any sports car - it is the sports car.Read Full News
The luxury car market seems to have remained unscathed by the financial turmoil with buyers lining up to place orders. Companies such as Mercedes, BMW, Audi, Porsche, Rolls Royce and Bentley have recorded fantastic growth in recent months, especially when the global meltdown has taken a toll on buying sentiment.Read Full News
SUPER LUXURY car manufacturers are spotting the growing car markets like India and China as there is a drastic slowdown in the global car industry. Some of the luxury automobile companies like Rolls-Royce, Bentley and Volvo are diverting their attention to Indian markets.Read Full News
The effect of the subprime crisis that began to be felt around early 2007 hasn’t affected domestic sales of super luxury cars priced between Rs 1 and 3 crore. Super luxury car manufacturers such as UK’s Bentley grew by 20 per cent last year and expect to clock similar growth in the country this year.Read Full News
One of the world's most expensive carmakers Bentley today said it will focus on emerging market such as India to boost sales to compensate for the slowdown in developed economies. Read Full News