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Audi to hike car prices by up to Rs 9 lakh from April
Fri, Mar 16, 2018
Audi sells a host of vehicles in India ranging from SUV Q3 with price starting at Rs 35.35 lakh to sports car R8 which is tagged at Rs 2.63 crore.
Audi's first all-electric model e-tron prototype unveiled at Geneva Motor Show; check out sporty premium SUV
Thu, Mar 08, 2018
The future of mobility is electric and German carmaker Audi is looking to grab a big pie of the emerging market with its spectacular product. At the Geneva Motor Show Audi unveiled its e-tron prototype that is fully electric. The car is encircled by alternating orange and black segments and the expressive sills, with colorful inserts, indicate what this vehicle is all about - the battery and therefore, energy center of the car.
Ken to maintain growth momentum in 2018, says BMW India president
Mon, Feb 12, 2018
After many years of volume declines, the German car major had posted a robust 25 per cent volume growth in 2017, creating 9,800 new customers. The numbers include those sold under the BMW and the Mini brands.
Can drive in EVs in India by 2020 if infra is ready: Audi
Thu, Jan 18, 2018
Globally by 2025, Audi is looking to have 30 per cent of its sales to come from electric vehicles.
Volkswagen says studying electric vehicle market closely
Thu, Jan 18, 2018
The Volkswagen group globally has readjusted its strategy to embrace e-mobility by committed huge investments towards new generation electric vehicles from 2020.
VW Group evaluating fresh investments for new models in India
Tue, Jan 16, 2018
German auto major Volkswagen Group is evaluating various options for the Indian market, including fresh investments for a completely new product range in the country, according to a company official.
Audi India bets on digital medium to tap customers
Mon, Jan 15, 2018
German luxury car maker Audi is seeking to tap more customers through the digital medium in India as it lines up new product launches during the year.
BMW hits 2017 sales record but Mercedes keeps lead
Fri, Jan 12, 2018
BMW, which had kept the global luxury sales crown for about a decade before slipping behind Mercedes in 2016, said deliveries were fuelled by a 9.6 percent gain for its SUV lineup and a 15 percent increase for the 1-Series.
Audi, BMW workers stage strikes amid talks over wages, hours
Fri, Jan 12, 2018
Workers at German companies including premium carmakers Audi and BMW are staging further walkouts on Friday amid labour talks seeking higher pay and shorter working hours which are set to continue next week.
Mercedes tops Indian luxury car market in 2017, sells 15,330 units
Mon, Jan 08, 2018
Mercedes-Benz continued its hold on the Indian luxury car market, maintaining top position for a third year in a row in 2017 with record sales of 15,330 units, beating rivals BMW and Audi.
Major auto companies offer heavy discounts on New year sale
Tue, Dec 05, 2017
These offers came after when the government has decided to push BS-VI fuel which has left plenty of stock with auto dealers with a surplus stock.
Audi offers discounts of up to Rs 8.85 lakh
Fri, Dec 01, 2017
The company said it is offering "special prices" and easy EMI options on Audi A3, Audi A4, Audi A6 and the Audi Q3 as part of its Audi Rush limited period offer.
Daimler third-quarter profit falls on diesel costs, special items
Fri, Oct 20, 2017
Earnings before interest and tax (EBIT) at the German automotive group plunged 14 percent to 3.46 billion euros ($4.08 billion) in the July-to-September period, Daimler said on Friday, in line with the 3.43 billion-euro consensus forecast in a Reuters poll of banks and brokerages.
Car makers may hike prices soon with rise in GST cess from today
Mon, Sep 11, 2017
The GST Council's decision on increasing the cess on mid-size, large cars and SUVs will be implemented today as announced by CBEC.
Why Royal Enfield needs to buy Ducati with competition from Bajaj Auto gearing up
Sat, Sep 09, 2017
Eicher Motors, Royal Enfield's parent company, stock shot up on Thursday as news of its bid to acquire Ducati went through.
Bidding for Ducati takes Eicher Motors' shares to an all-time high
Fri, Sep 08, 2017
Media reports have stated that Eicher Motors is set to offer $1.8 billion-$2 billion for Italian motorcycle manufacturer Ducati. This has taken the stock price of the company at an all-time high.
Tough road ahead for Tata Motors with JLR’s margins declining and expenses rising
Thu, Aug 31, 2017
Jaguar Land Rover has seen a decline in its EBITDA margin, while its expenses had increased significantly over the last two years, which is a cause for concern for parent company, Tata Motors.
Luxury car makers voice disappointment over GST Council's increase in cess
Mon, Aug 07, 2017
The GST Council's decision to increase the cess on luxury vehicles by an additional 10% is expected to see an increase in the prices of luxury cars.
Mercedes calls for lower taxes on luxury cars in India
Sun, Jul 23, 2017
The company reasoned that "better treatment" in terms of taxation could lead to growth of luxury car segment in the country.
GST effect: Maruti, Audi, JLR reduce prices of various models
Sat, Jul 01, 2017
Several automobile companies have reduced their vehicle prices after the roll-out of the Goods and Services Tax (GST). Automobile majors like Maruti Suzuki, Jaguar Land Rover (JLR) and Audi India announced that they have reduced prices on various models.