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Latest Articles in luxury cars

Santosh Iyer Succeeds Martin Schwenk As Mercedes-Benz India’s New MD & CEO

Iyer replaces Martin Schwenk who will assume the responsibility as the President and Chief Executive Officer of Mercedes-Benz Thailand.

Luxury Carmakers See Record Sales In 2022 On Festive Push

BW Online Bureau

Companies & Markets

The companies also expect the ongoing festive season to be robust in terms of dispatches despite the chip shortage woes continuing

Luxury Carmakers See Record Sales In 2022 On Festive Push

BW Online Bureau

Economy

The companies also expect the ongoing festive season to be robust in terms of dispatches despite the chip shortage woes continuing

Global Semiconductor Shortage Boosting Sales Of Pre-Owned Luxury Cars

Sumit Garg

Economy

Given the semiconductor supply shortage due to the Covid disruptions, the industry saw a massive change in consumer behavior, which showed a paradigm shift towards the pre-owned car for its price value and uncompromised performance against the long waiting period of new cars that in certain cases extended to as long as 6 months and even more. While solving the issue of semiconductor shortage, the pre-owned luxury cars come with a backup of a wide gamut of advantages and enhanced facilities that make them the most preferred choice for the customers.

Why The Pre-Owned Car Market Is At The Cusp Of Rapid Expansion

Sumit Garg

Companies & Markets

According to the survey by Redseer, the Indian pre-owned car market stands at 5th position in the world by registering sales of close to 5 million pre-owned cars every year

Mercedes-Benz India Q1 Sales Up 34 % To 3,193 Units

BW Online Bureau

Companies & Markets

Customers have appreciated the company's strategy of offering topline products with significant feature and technology enhancements

Jaguar Land Rover To Cut 2,000 Jobs Globally

BW Online Bureau

Companies & Markets Sector Reports Auto

JLR, owned by India's Tata Motors, said earlier that its Land Rover brand will launch six fully electric models over the next five years, with the first in 2024.

What Is In Store For The Luxury Car Market In India

Sumit Garg

Companies & Markets Sector Reports Auto

Since the majority of the Luxury vehicle target groups are businessmen, their focus will primarily be on getting their businesses back on track.

Premium Cars Drive Volkswagen Back To Profit On China Boost

BW Online Bureau

Companies & Markets Sector Reports

VW had posted a loss of 1.7 billion euros in the second quarter as it was hit hard by a drop in demand caused by the pandemic, which led to restrictions on movement, economic crises and swathes of job losses globally.

Auto: Bolder Choices

Siddharth S

Companies & Markets Sector Reports Auto

SUVs now have a bigger market in India as car buyers here look beyond hatchbacks and sedans

Mercedes Benz India reports record sales in June quarter

BW Online Bureau

Companies & Markets Sector Reports Auto

Company sold record 7,171 units, a growth of 8.7 per cent over 6,597 units sold in the same period of last year.

Luxury Carmakers Offer Discounts, Value-Added Services Before GST Rollout

Avishek Banerjee

Companies & Markets Sector Reports Auto

Even before the roll-out of Goods and Services Tax (Tax), Mercedes-Benz, BMW and Audi have already started enticing their customers by either passing on the benefit of the new federal tax regime or by offering attractive packages to its car buyers.

2017 Likely To Be Record Year For India High-end Cars Sales

Arshad Khan

Companies & Markets Sector Reports Auto

Thanks to demonetisation drive in November and ban on diesel vehicles in Delhi-NCR, the luxury car market in India has not moved much in the last three years despite numerous launches and sales promotion initiatives