Michael Perschke's India drive ends
Aug 24, 2013
Sunday March 2, 2014
The UK-based luxury car maker is close to signing a deal with the Saudi government to build an assembly factory in the east of the country, according to 'The Sunday Times'.
Monday January 13, 2014
The car that has made Mercedes the leading luxury car maker in the United States was the starter Benz for years.
Friday January 10, 2014
As Rolls-Royce delivered its fourth straight annual sales record on Thursday, the head of the luxury British car maker had a few predictions for 2014 - less bling, greater demand for customization, and more women buyers.
Friday January 3, 2014
German auto major Audi on Friday reported an 11 per cent growth in its 2013 sales at 10,002 units in India, thus becoming the first luxury car maker to cross the 10,000 milestone in the country.
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.