LUXURY MODELS
Motown, slowtown: Luxury car sales slow in line with broader slowdown in Indian auto market Carmakers attributed the sluggish performance to a broader slowdown in the Indian car market, besides intense heat waves this summer, and an extended general election. Some experts also cited a shift in spending by the wealthy to experiences such as...
13 Jul, 2024, 07.35 AM ISTMercedes seeks to tap first-time luxury buyers in India with entry-level EVs Mercedes-Benz India, under CEO Santosh Iyer, launched the EQA 250 and EQB 350 to attract new luxury car buyers. Upcoming EVs include the EQS Maybach SUV and electrified G-Class, priced over Rs 3 crore. They achieved their best sales in 2023 and 60% ...
08 Jul, 2024, 03.30 PM ISTMercedes-Benz India posts record half-yearly sales at 9,262 units Mercedes-Benz reported a 9% growth in sales in India in the first half of 2024, reaching its highest ever half-yearly sales. The company's sales were 8,528 units in January-June 2023. The company plans to launch six new products in the second half o...
08 Jul, 2024, 01.59 PM IST- ADVERTISEMENT
Watch: Rolls-Royce Ghost breaks down in waterlogged Delhi road, Internet users suggest use 'Alto' In a viral video, a Rolls-Royce Ghost was seen stuck on a waterlogged road in Delhi. The luxury black vehicle was stranded with its hazard lights blinking, while more modest cars navigated the flooded street with ease. The incident was captured by a...
02 Jul, 2024, 02.02 PM ISTPrices of premium residential under-construction properties continue to rise in top cities According to Savills India, prices of premium under-construction residential properties surged up to 53% in major cities like Gurugram, Delhi, Noida, Bengaluru, and Mumbai. Gurugram led with the highest increase. North Goa also saw a 28% rise in vil...
02 Jul, 2024, 12.29 AM ISTSonakshi Sinha receives luxury car worth Rs 2 cr from husband Zaheer Iqbal as wedding gift Images of the couple cruising through the city in what seems to be their new car have become widely popular on the Internet. Sonakshi is seen in the pictures wearing a stunning red saree adorned with elaborate gold jewelry and sindoor, giving her an...
26 Jun, 2024, 11.34 PM ISTParadigm Realty inks pact to redevelop 11 societies on 5 acres in Mumbai’s Bandra, Kandivali Paradigm Realty has signed agreements to redevelop 11 housing societies in Mumbai's western suburbs of Bandra and Kandivali, with a gross consolidated revenue potential of around Rs 4,500 crore. The projects, spread across over five acres, have deve...
26 Jun, 2024, 10.53 PM ISTVijay Mallya attends son Siddhartha Mallya’s lavish UK wedding amidst legal troubles Fugitive businessman Vijay Mallya was photographed attending his son Siddhartha Mallya's luxurious wedding in the UK, despite facing legal troubles related to a Rs 900-crore loan fraud case. The lavish ceremony took place at Vijay Mallya's $14 milli...
23 Jun, 2024, 11.07 PM ISTFerrari’s first Electric Vehicle to be launched. Why does it cost more than other e-vehicles? Ferrari has announced its decision to manufacture e-vehicles. The company’s entry into this space comes at a time when consumers are moving away from purchasing e-vehicles in favor of hybrid vehicles.
20 Jun, 2024, 09.24 PM ISTFerrari's first electric car to cost over $500,000, source says The Italian brand, Ferrari, famed for its roaring petrol engines, has said it will launch an electric car late next year, and the planned price shows its confidence that ultra-wealthy drivers are ready for it, even as mass-market rivals are slashing...
19 Jun, 2024, 10.44 AM ISTRoyal Orchid aims for major expansion with 11,000 keys by 2026 Royal Orchid, a hospitality company based in Bangalore, plans to expand its portfolio to 11,000 keys over the next two years by entering new markets in Jammu & Kashmir, Uttar Pradesh, Andhra Pradesh, and Telangana, and by enhancing its presence in e...
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10 Jun, 2024, 07.09 AM ISTToyota apologizes for cheating on vehicle testing and halts production of three models Toyota suspended production of models like Corolla Fielder, Corolla Axio, and Yaris Cross, but assured the safety of vehicles like the Corolla subcompact and Lexus luxury cars.
03 Jun, 2024, 10.23 PM ISTJLR plans to start making flagship Range Rover model in India The local assembly will translate into a 18-22% price reduction, Amba said. The Range Rover will drop to Rs 2.6 crore from Rs 3.3 crore while the Range Rover Sport will fall to Rs 1.4 crore from Rs 1.8 crore. India levies a duty of 15% on completely...
25 May, 2024, 12.06 AM ISTIconic British car brand Jaguar Land Rover plans to ride India's luxury boom The luxury carmaker plans to launch at least half a dozen new models from the JLR stables, both ICE and EV (internal combustion engines and electric vehicles), as it seeks to capitalise on the growing number of high-net-worth individuals in the coun...
24 May, 2024, 06.49 PM ISTExpect double-digit sales growth this fiscal: Mercedes-Benz India Mercedes-Benz India aims for double-digit sales growth with a focus on high-end models like Maybach GLS 600 and AMG S 63 E. VP Lance Bennett notes strong demand for top-end vehicles.
22 May, 2024, 05.57 PM ISTLuxury car companies keep it cool inside with advanced glass coatings Car manufacturers are adopting sophisticated glass coatings to maintain cool temperatures inside vehicle cabins, reducing the reliance on air conditioning as temperatures soar above 45°C in certain Indian cities during the summer. This initiative co...
12 May, 2024, 09.39 AM ISTBMW launches a new model of luxury car! The 3 Series Gran Limousine can go 0-100 in 6.2 seconds The model offers a selection of four captivating metallic paint choices: Mineral White, Skyscraper Grey, Carbon Black, and Portimao Blue. It also boasts enticing features including a sleek blacked-out kidney grille, dark tint surrounding headlamps, ...
10 May, 2024, 11.59 AM ISTMercedes-Benz, BMW and Audi may steer clear of India's new EV policy The luxury car makers that have already been present in India for decades would rather accelerate local assembly in the country as the money will need to be ploughed in within three years of receiving approval under the scheme, said auto executives....
25 Mar, 2024, 06.26 AM ISTChina's BYD plans to launch high-end luxury models from this year The automaker also announced an action plan to "improve quality and returns", it said in a Hong Kong Stock Exchange filing on Sunday.
19 Feb, 2024, 08.45 AM IST