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Archive for the 'BMW' Category
Courtesy: indiacar.net
In January, BMW had raised its manufacturing capacity in its Chennai plant from 1,700 to 3,000 units on a single-shift basis. Read more
Courtesy: indiacar.net
Courtesy: economictimes.indiatimes.com
No pun this. Believe it or not, the famed BMW 5 Series - one of the world’s priciest cars from the German auto maker - comes fitted with horns made in India. What’s more, these horns, according to BMW executives are among “the very best” in the planet. More
Courtesy: economictimes.indiatimes.com
BMW aims to be market leader in premium car segment by 2010
Published April 23rd, 2008 in BMW. 0 CommentsLuxury car manufacturer BMW India Private Ltd is aiming to be the market leader in the premium car segment by 2010, a company official said on Wednesday.
“By 2010, we want to become a market leader in this premium car segment,” BMW India, BMW Group company, President Peter Kronschnabi said. Read more
Courtesy: economictimes.indiatimes.com
The German luxury car making group BMW sold a record 350,000 vehicles in the first quarter of 2008, it said on Monday, pointing to a boom in demand in India.
BMW reported overall sales of 351,787 units, an increase of 5.7 percent from the first quarter of 2007, a statement said. More
Courtesy: economictimes.indiatimes.com
German luxury car and bike maker BMW, which has been shying away from re-entering the Indian motorcycle market, is now looking to source parts for engines and chassis for its high-end two-wheelers from the country.
“Already we have been sourcing motorcycle parts such as handle bars and die cast from India. Now we are exploring to source components for engine and chassis parts,” BMW Board Member (international parts sourcing) Herbert Diess said here. More
Courtesy: economictimes.indiatimes.com
High homologation fee bothers BMW on ‘Mini’ plans for India
Published March 19th, 2008 in BMW. 0 CommentsThe 200,000 euro fee that Indian authorities charge for homologating new car models for selling in India is bothering German luxury carmaker BMW, which wants to bring its small car model Mini in India by 2009.
“2009 is the 50th anniversary of Mini and we want to make it sure that the Indian customers also become a part of the celebration when we launch the model there. However, the homologation fee of 200,000 euros for a model is a big ask,” BMW Group Senior Vice-President Kay Segler told visiting Indian reporters here. Read more
Courtesy: www.indiacar.net
A longer homologation process hampers the launch of BMW India?s crossover SUV, the X6. The President of BMW India, Mr Peter Kronschnabl, said the process consumes more than six months and therefore, the possibility of launching the vehicle during the current calendar was remote.
Talking to the media after announcing the opening of its dealership, Kun Exclusive, in Chennai, he said the company was actively considering sourcing of more components from India. The company was interested in sourcing forging and castings among others, he said. Read more
Courtesy: www.indiacar.net
After cheapest, get ready for India’s costliest small car
Published March 12th, 2008 in Tata Motors and BMW. 0 CommentsAfter India’s Tata group hit international headlines by launching the world’s cheapest small car Nano for $2,500, German car maker BMW may launch its Mini - easily the costliest small car in the country at over $49,000.
“The team that carried out the feasibility study for the launch of Mini has submitted its report. It is being studied by our headquarters,” Peter Kronschnabl, president of BMW India Pvt Ltd, said here Tuesday. More
Courtesy: economictimes.indiatimes.com
