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German luxury car maker BMW India plans to increase its dealership network in the tier II cities of India. BMW India plans to open showrooms in Lucknow, Coimbatore and Jaipur, taking its total dealership network from the current 12 to 15 in the next one year. The company sold 1,397 cars in calendar year 2007 and has raised its sales target in Read More...


 

BMW India announced the opening of the BMW Studio in New Delhi. Designed as a unique multi-dimensional space, the BMW Studio will offer an overall, all-round experience of the BMW. Commenting on the occasion, Mr. Peter Kronschnabl, President BMW India said, “The BMW Studio is conceptualised to offer an experience that fully meets our customers’ Read More...


 

BMW India signed a cooperation agreement with ORIX Auto Infrastructure Services Limited (OAIS) for leasing services of BMW Cars in India. With this agreement, OAIS will offer innovative and competitive leasing solutions to support the sale of BMW group products in India. The leasing services will be offered to customers through the BMW dealership Read More...


 

Luxury car maker, BMW plans to bring its hybrid car to India. BMW Senior Vice-President, Asia Pacific (excluding China) and South Africa, Mr. David Panton said in a statement that in the next 18 months the hybrid vehicle from BMW will make its international debut and there is a possibility that it could find its way to India. BMW has had a Read More...


 

Luxury car maker, BMW India introduced its diesel variants 520d, 530d and 530d Highline along with the petrol variants – 525i and 530i thereby expanding its 5-series range of cars. The 2008 BMW 5 Series offers powerful and efficient engines along with the latest in innovative safety technology. Speaking on the occasion, Mr. Peter Read More...


 

The government has imposed an additional excise duty of about Rs. 15,000-20,000 as a specific levy on large cars, MUVs (multi-utility vehicles) and SUVs (sports utility vehicles) produced in India. Excise duty on cars of engine capacity exceeding 1500cc and upto 1,999cc has been increased by Rs 15,000 per unit. Similarly, vehicles having engine Read More...


 

Luxury car manufacturer BMW India opened its dealership facility, OSL Prestige, on the Eastern Metropolitan Bypass in Kolkata on Wednesday. This is the company's first dealership in the eastern region and has the capacity to display five cars in its 4,300 square foot showroom. OSL Prestige would serve the entire eastern region and has targeted Read More...


 

The luxury small car, MINI from BMW, will not hit the Indian road in 2009 as expected and will be postponed to after 2010. BMW India Private Ltd has altered the plans to introduce the MINI and the reasons quoted were due to non-viable market . BMW India president Peter Kronschnabl said, “We have postponed plans to launch the MINI in India in Read More...


 

The new Bayerische SUV X5 and the MINI Cooper raked in a 9% increase in the annual profits for BMW. The company’s net income rose from 2.87 billion pounds to 3.13 billion pounds and the company sold a record-breaking 1.5 million vehicles last year. BMW intends to sell 1.8 million cars a year by 2012 and more than 2 million cars by the end of Read More...


 

BMW India’s President Mr. Peter Kronschnabl announced at the launch of BMW M3 that the company was in deep talks to introduce its Mini in India for Rs. 20 Lakhs by 2010. On being questioned about the precise date, Mr. President said, “I cannot say when the car would be launched in India. The market analysis for the launch is over and the Read More...


 

Before Linea and Grande Punto make their much awaited arrival in the Indian autoworld, Fiat is preparing the stage for the same. As an image building exercise, Fiat is introducing Baby Fiat or Fiat 500 and Bravo in India. Fiat 500 is a makeover of the original 500 which was last sold about 35 years back. Considering both the aforementioned Read More...


 

A new variant in the BMW-3 series – 320d Highline – was introduced yesterday. Currently, with the new add-up, there are 4 variants of 3 series available – two petrol variants, 320i and 325i and 320d diesel variant. They are priced at Rs. 27 lakhs, Rs. 33 lakhs and Rs. 29.7 lakhs. Highline is the second diesel 3-series to be offered and has a Read More...