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  • BMW, Hyundai in alliance talks on engine: Source May 04, 2012 07:12 AM IST

    BMW, Hyundai in alliance talks on engine: Source

    German premium carmaker BMW and South Korean carmaker Hyundai Motor are in discussions on a tie-up on engines and other areas, a source who has direct knowledge of the matter told Reuters, without giving details.

  • Luxury brands eye China, but some see trouble ahead Apr 24, 2012 10:56 AM IST

    Luxury brands eye China, but some see trouble ahead

    Global luxury auto brands are piling in to tap China's seemingly endless appetite for Audis and BMWs but, amid the ambitious sales forecasts, some signs point to trouble ahead for sleek high-priced vehicles.

  • Audi may announce Ducati buy next week: sources Apr 11, 2012 10:56 PM IST

    Audi may announce Ducati buy next week: sources

    Luxury carmaker Audi plans to announce the acquisition of Ducati next week, two people familiar with the matter said, in a deal likely to rev up its long-standing rivalry with BMW in superbikes.

  • BMW's March car sales break all monthly records Apr 11, 2012 07:32 PM IST

    BMW's March car sales break all monthly records

    BMW, the world's largest premium carmaker by volume, confirmed on Wednesday it enjoyed the highest ever first quarter demand on the back of March sales that broke all previous records as its three largest markets posted double-digit growth.

  • Premium sports bike makers rev up India plans Dec 10, 2011 02:00 PM IST

    Premium sports bike makers rev up India plans

    It has never been better for sports bike lovers in India. Move over from the regular 100-150 cc commuter motorcycles, the big daddies of power bikes are here. Ducati, Harley Davidson, Kawasaki, Honda, Suzuki, Hyosung… they are all here. And more players are keen to tap the Indian market.

  • UK's 2-wheeler brand Triumph driving into India in Jan Dec 08, 2011 11:02 PM IST

    UK's 2-wheeler brand Triumph driving into India in Jan

    A 110 year old two-wheeler brand is making its way to India. Britian's largest motorcycle manufacturer triumph is now the latest to follow European bike makers KTM and BMW into the Indian two-wheeler space. CNBC-TV18's Swati Khandelwal Jain reports on what is going to be on offer.

  • In China, luxury car makers drive inland Nov 09, 2011 09:52 AM IST

    In China, luxury car makers drive inland

    Chen Beiyin bubbled with joy when she picked a $141,700 Mercedes-Benz E350 coupe for her dowry and topped off the wedding with a lavish procession that included 12 S600 sedans, the priciest cars in the fleet.

  • LG seeks ban on BMW, Audi sales in Korea over Osram Sep 29, 2011 10:15 AM IST

    LG seeks ban on BMW, Audi sales in Korea over Osram

    LG Electronics filed a suit in South Korea, seeking a ban on the sale of BMW and Audi cars, expanding its legal battle over lighting-product patents with Siemens unit Osram to automakers.

  • LG seeks ban on BMW, Audi sales in Korea over Osram Sep 28, 2011 05:35 PM IST

    LG seeks ban on BMW, Audi sales in Korea over Osram

    LG Electronics filed a suit in South Korea, seeking a ban on the sale of BMW and Audi cars, expanding its legal battle over lighting-product patents with Siemens unit Osram to automakers.

  • Asia's wealthy park cash in cars, homes, art and wine Aug 17, 2011 08:12 AM IST

    Asia's wealthy park cash in cars, homes, art and wine

    Adrian Tan owns two Mercedes sedans and is looking to buy a third car. The 36-year-old financial trader was shopping with his wife on a Singapore street lined with luxury car dealerships and said he may stick with Mercedes or go for an Audi or a BMW.

  • BMW Q2 profit soars as Chinese seek luxury Aug 02, 2011 02:00 PM IST

    BMW Q2 profit soars as Chinese seek luxury

    BMW zoomed past expectations for second quarter profit as more wealthy Chinese drove away with its revamped 5 Series saloon.

  • Mercedes' tiny Smart takes on big boys in China Jul 19, 2011 08:52 AM IST

    Mercedes' tiny Smart takes on big boys in China

    Dong Han is an ideal customer for Mercedes Benz's booming car sales in China. A 27-year-old advertising agent with a double-income household and no children, she's upwardly mobile and highly conscious of style.

  • Steel Strips gets $ 32.6 mn order from BMW Jul 18, 2011 03:20 PM IST

    Steel Strips gets $ 32.6 mn order from BMW

    Steel Strips Wheels has got USD 32.6 million order from BMW. The company will supply wheels for BMW new launches in 2013, 2014, reports CNBC-TV18. It touched an intraday high of Rs 294.65 and an intraday low of Rs 280.25. At 15:16 hrs the share was quoting at Rs 289.50, up Rs 10.45, or 3.74%.

  • BMW India sees competition from Jaguar Land Rover Jun 08, 2011 08:33 PM IST

    BMW India sees competition from Jaguar Land Rover

    The introduction of Tata Motors- owned Jaguar Land Rover (JLR) models in India will certainly provide competition to BMW in the luxury car space, including its X3 SUV, which is planned to be launched in September, a top executive of the German auto major said on Wednesday.

  • BMW to focus on smaller cities to boost sales Jun 08, 2011 07:55 PM IST

    BMW to focus on smaller cities to boost sales

    Panaji, Jun 8 (PTI) German luxury car brand BMW will consolidate its market position by extending presence in tier- II and III Indian cities over the next one-and-a-half years, a senior executive said today.

  • BMW to invest $1.4bn in China to tap Asia growth May 09, 2011 07:28 PM IST

    BMW to invest $1.4bn in China to tap Asia growth

    BMW said on Monday it will invest around 1 billion euros (USD 1.44 billion) to expand production capacity in China as it seeks to capture surging sales growth in the world's biggest auto market.

  • Tata's Jaguar Land Rover seeks China auto partner May 07, 2011 02:31 PM IST

    Tata's Jaguar Land Rover seeks China auto partner

    British luxury carmaker Jaguar Land Rover (JLR) is seeking a partner in the fast-growing Chinese market as it ploughs more than 5 billion pounds (USD 8.2 billion) into developing new vehicles over the next five years.

  • BMW India opens new dealership in Raipur May 04, 2011 07:31 PM IST

    BMW India opens new dealership in Raipur

    German luxury car-maker BMW's India arm, today opened new dealership at Raipur, taking the total number of its dealerships to 22 pan-India.

  • BMW profit seen tripling on Chinese love of luxury May 04, 2011 08:24 AM IST

    BMW profit seen tripling on Chinese love of luxury

    Echoing rivals Volkswagen and Daimler, BMW is all set to announce its eye-popping sales figures in China, where a growing army of super-rich is fuelling demand for premium items such as Gucci handbags and Rolls-Royce cars.

  • The luxury car new customers are not crusty old men Apr 21, 2011 09:35 AM IST

    The luxury car new customers are not crusty old men

    A few years ago, following a spot of financial bother, it was taken over by BMW. Infused with German fortitude, the spirit of this British icon has risen again. CEO Torsten Muller-Otvos tells how the brand has evolved.

  • BMW raises dividend after strong 2010 results Mar 10, 2011 03:49 PM IST

    BMW raises dividend after strong 2010 results

    BMW raised its dividend after reporting consensus-busting 2010 results, helped by strong sales growth in China.

  • BMW has seen good business start in 2011: CEO Mar 07, 2011 08:30 AM IST

    BMW has seen good business start in 2011: CEO

    BMW's chief executive is satisfied with business so far this year, he told an Italian newspaper, adding that the world's largest luxury carmaker aimed to stay independent through partnerships.

  • BMW aims for 30,000 i3 electric cars a year Feb 28, 2011 07:14 AM IST

    BMW aims for 30,000 i3 electric cars a year

    German carmaker BMW aims to produce around 30,000 units of its electric i3 model annually, magazine Automotive News Europe reported, citing Ian Robertson, the group's head of sales and marketing.

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