SUPER LUXURY CARS
Mercedes-Benz aims to grab higher share in luxury sedan space with new A Class Limousine
The A Class limousine is likely to be priced around Rs 40 lakh and come at a premium of 15-20% over its predecessor CLA. It will boast of the MBUX infotainment seen in the S Class, the Me Connect features and telematics among a host of features on cleaner diesel and petrol variants.
Used-car business does well for Audi in bad year for auto
Audi's used-car division is eyeing 50% growth in 2020, even as the division sold ab...
How India's car market is undergoing a rapid change
Car companies have long tried to load vehicles with tech. But the level of tech and tech-...
In a first, DDA to offer penthouses, luxury flats
The Delhi Development Authority (DDA) will, for the first time, offer luxury flats, including penthouses, in its housing scheme slated for launch in May.
Passenger vehicle exports rise 6 per cent in April-Dec; Hyundai, Ford lead the pack
Car shipments saw 4.44 per cent growth at 4,04,552 units, while utility vehicle exports saw a rise of 11.14 per cent at 1,33,511 units during the April-December period, the Society of Indian Automobile Manufacturers' data showed.
Luxury car sales in 2019 see biggest drop in over a decade
Sales of luxury cars in India declined by about 15% last year — the steepest drop in more than a decade.
Audi bets on pre-owned car business and petrolisation to drive back to growth
The Audi Approved Plus — its used-car division that also sells the vehicles of other luxury brands — is eyeing 50% growth in 2020, even as the head of the company, Balbir Singh Dhillon, expects the market for new luxury cars to stay flat.
Should you take a loan to buy a big car?
Buying a big car requires a large investment. An expensive car means tying himself/herself to higher obligation of EMIs for a longer period, which can mean trouble. This is why one needs to evaluate whether he/she is comfortable with such a decision.
Indian luxury car market to be flat in 2020, growth to return in 2021: Audi
German automobile company Audi is cautiously optimistic about the year that will mark the transition to stricter emission norm BS-VI. "In terms of growth estimates for the luxury car market, we estimate it to remain flat in 2020 and we are hopeful of positive growth starting 2021," Audi India Head Balbir Singh Dhillon said.
Mercedes Benz plans electric car debut in India
The company will initially import the EQC to India, but has also started to explore plans of assembling electrics at its factory in Pune as sales of the first green car begin and others get planned, Martin Schwenk, MD & CEO of Mercedes in India, said.
CES 2020: Inspired by 'Avatar', Mercedes-Benz launches Vision AVTR concept car that moves like a crab
Director James Cameron, who was present at the launch, took a selfie with the concept car.
Mercedes Benz India Q4 sales break into positive territory after three quarters, extends lead in 2019
The company registered sales of 3871 units, registering a 3.3% year on year growth for Q4 and over 15.41% growth over Q3 of 2019 with the overall annual sales volume closing at 13,786 units for January-December 2019. The growth in Q4 was after three quarters of consecutive decline in 2019.
Mercedes-Benz cars to be pricier by up to 3% from January 2020
Mercedes-Benz India attributes the price hike decision to increasing commodity prices and input costs.
Global luxury market grew 4% in 2019: Bain 2019 Luxury Study
The study pegged the size of the global personal luxury goods market at € 281 billion in 2019. Mainland China's luxury market grew the most by 26% at constant exchange rates this year to reach €30 billion. Chinese customers accounted for 90% of the constant growth of the market in 2019, reaching 35% of the value of luxury goods.
Heaven scent: The story of uber luxury perfumes
Many may not have heard of Elysium, Rose Atlantic, Sahraa Oud and 24 Old Bond Street Triple Extract, but collectors of unique scents are a growing breed in India. And some of them stock over 800 bottles in their "perfume wardrobes". And they can cost anywhere upwards of Rs 10,000 and go up to Rs 2.5 lakh for a 100ml creation.
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