Michael Perschke's India drive ends
Aug 24, 2013
Tuesday October 8, 2013
The top-end car maker, a unit of Germany's BMW AG, still sees untapped potential in China - its no. 2 market after the United States - but hot spots in Asia include Japan, the Philippines, Thailand and Vietnam, Mueller-Oetvoes said.
Monday August 26, 2013
German luxury car maker Audi on Monday announced a top level management change in its Indian operations, with Joe King being appointed as head effective from September 1, 2013 in place of Michael Perschke, who is moving back to the headquarters.
Friday August 9, 2013
Earlier this month, the BMW group said it will increase prices across models, including the Mini, by up to 5 per cent amid higher import costs due to the declining rupee. German luxury car maker Audi had said on July 10 it would hike prices in India ...
Friday July 19, 2013
British luxury car maker Jaguar Land Rover (JLR) is set to increase an 800 million pounds loan refinancing after a strong response from lenders, banking sources said on Thursday.
Thursday July 4, 2013
German luxury car maker Mercedes Benz, which rolled out luxury executive sedan E-Class from its Chakan plant near Pune on Thursday, said it may be forced to pass on cost-pressure to consumers to protect margins if the rupee continues to remain at cur...
Tuesday June 25, 2013
German luxury car maker Mercedes-Benz today said it expects India to be among its top 10 global markets by 2020, as it continues to bring latest models and spread sales network in the country.
Wednesday June 19, 2013
Luxury car maker Volvo Auto India has launched crossover vehicle V40 Cross Country in Kerala and set a sales target of 120 units pan India and 20-30 units in the state this year.
Tuesday June 4, 2013
Luxury car maker Audi India reported on Tuesday a 57.42 per cent rise in sales in May at 710 units. The company had sold 451 units in the same month of last year, Audi India said in a statement.
Thursday May 9, 2013
The CBEC is likely to serve a Rs 650-crore show-cause notice to luxury car maker BMW alleging that it imported semi-knocked down cars but paid duty for completely-knocked down car units.
Thursday May 2, 2013
Luxury car maker Audi India today reported 37.01 per cent rise in sales in April at 770 units. The company had sold 562 units in the same month of last year, Audi India said in a statement.
Wednesday April 17, 2013
A year after introducing its popular 'MINI' range of cars in India, luxury car maker BMW has begun the local production of 'MINI Countryman' at the facility here.
Monday April 15, 2013
The appointments have come in the wake of Mercedes Benz India's marketing and sales director Debashis Mitra resigning from the company last month.
Friday March 15, 2013
Swedish luxury car maker Volvo Auto India plans to adopt an aggressive strategy and take its annual sales in India to 20,000 units in five years, the company's managing director Tomas Ernberg said on Friday.
Thursday March 14, 2013
Luxury car maker Mercedes-Benz India will hike prices of its entire range that will translate into an increase of up to Rs 58 lakh on imported vehicles from April 1.
Tuesday March 5, 2013
German luxury car maker Audi on Tuesday reported 29 per cent growth in sales in India during February at 775 units as against 600 units in the same month last year.
Tuesday March 5, 2013
Luxury car maker Jaguar Land Rover planned to increase investment at its UK engine plant and double employment at the site to around 1,400, its chief executive Ralf Speth said on Monday.
Tuesday February 26, 2013
Tata Motors-owned Jaguar Land Rover (JLR) today launched luxury sedan Jaguar XJ Ultimate, priced up to Rs 1.88 crore (ex-showroom, Mumbai).
Saturday February 23, 2013
Super luxury car maker Rolls-Royce may roll out a customised edition of its Phantom and Ghost models for Indian buyers, a senior company official said on Thursday.
Tuesday February 19, 2013
German luxury car maker BMW is recalling about 750,000 cars worldwide over potential electrical problems, a spokesman said on Tuesday.
Thursday February 14, 2013
Shares in Tata Motors fell 2.3 per cent on worries that earnings of the quarter ended December will miss market expectations on the back of its key subsidiary Jaguar Land Rovers disappointing numbers.