Michael Perschke's India drive ends
Aug 24, 2013
Tuesday August 5, 2014
German luxury car maker BMW AG said its second-quarter operating profit rose 26 per cent, above forecasts, as new off road models and strong China sales boosted earnings.
Friday June 27, 2014
Luxury car maker Mercedes-Benz India would soon double its production capacity at its existing plant in the country at Chakan near Pune, a company official said today.
Monday June 9, 2014
British luxury sports car maker has started work on extending its state-of-the-art manufacturing facilities in Gaydon, Warwickshire, as it gears up for its next generation of sports cars.
Friday June 6, 2014
At a time when some of the city-based domestic auto makers are facing labour unrest, luxury car maker Mercedes-Benz says it has not witnessed a single-day production loss, since its entry in India over last two decades and has zero-attrition in blue-...
Thursday May 22, 2014
Jaguar, the British luxury car maker has today introduced the locally assembled XJ 3.0L Diesel in India. The prices start from Rs 92.1 lakh (ex-showroom Mumbai, Pre Octroi).
Thursday April 17, 2014
Tata-owned British luxury car maker Jaguar Land Rover will recall 1,923 vehicles in China mainly due to problems with their warning lights, a quality watchdog said on Thursday.
Thursday April 10, 2014
Citi says JLR is poised to become the world's fourth biggest luxury car maker on the back of new launches in the next 15-18 months.
Friday April 4, 2014
German luxury car major Audi continues to dominate its number one position in the Indian luxury car segment staying ahead despite growing competition. The car maker clocked sales of 2,740 units in the January-March quarter (it's highest quarterly no)...
Thursday March 13, 2014
German luxury car maker Mercedes Benz today announced commencement of assembly of the S-Class sedan in India and has slashed the car's price by Rs 18 lakh.
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.
Thursday January 16, 2014
Luxury car maker Mercedes-Benz has announced a price hike of upto 10% on all its models from the 1st of Januray, 2014.
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.