Mar 21, 2018 03:00 PM IST
"Investment will rise by a further high three-digit million euro amount year-on-year, primarily from the ongoing new model initiative as well as continued work on e-mobility and autonomous driving," BMW said in a statement on Wednesday.
- Mar 10, 2018 04:04 PM IST
Read on for a round of all the news from the automotive industry of the past week.
- Mar 07, 2018 09:35 AM IST
BMW announced last month that it had signed a letter of intent with Great Wall, potentially giving the Chinese company its first foreign manufacturing partner and the German group's first Mini assembly site outside Europe.
- Mar 05, 2018 04:06 PM IST
BMW Group, Plant Chennai, Managing Director, Dr Jochen Stallkamp, KUN Exclusive, Dealer Principal, Vasanthi Bhupathi formally launched the car at an event here.
- Feb 14, 2018 05:00 PM IST
BMW Motorrad, the premium motorcycle arm of German luxury car maker BMW Group, is betting on the potential of the Indian market, which it sees as one of its key strategic markets of the future.
- Feb 07, 2018 09:01 PM IST
The luxury car maker unveiled its electric car i3s and hybrid vehicle i8 Roadster along with a slew of other top-end models at the Auto Expo 2018.
- Jan 12, 2018 06:12 PM IST
The Munich-based group said in a statement that sales of its core BMW-brand cars rose by 4.2 per cent to almost 2.1 million last year.
- Jan 12, 2018 01:43 PM IST
Sales of the BMW brand were up 4.2 percent in 2017 to 2.09 million passenger cars and SUVs, compared with a 9.9 percent gain or 2.29 million at Mercedes, which claimed the top spot in global luxury-car sales rankings for a second year.
- Jan 12, 2018 01:10 PM IST
Powerful labour union IG Metall said workers at Audi's main plant in Ingolstadt in Bavaria downed tools during the night shift and BMW staff at three factories in Dingolfing, Landshut and Regensburg were to follow suit on Friday.
- Jan 04, 2018 09:17 PM IST
The BMW brand sold 9,379 units last year as against 7,500 units in 2016, a growth of 25 percent, while Mini posted a growth of 17 percent at 421 units as compared to 361 units in the previous year, BMW Group India said in a statement.
- Jan 04, 2018 05:40 PM IST
The BMW which costs CNY 400,000 was bought by an unnamed businessman on December 18 who insisted that he would pay the first instalment in denomination five mao coins
- Jan 04, 2018 02:41 PM IST
Privately held Bosch did not disclose financial terms for the deal, expected to close by the end of March, subject to regulatory approvals.
- Dec 04, 2017 03:50 PM IST
The bank is currently working with car manufacturers such as Maruti, Hyundai, Tata, Mercedes, BMW, and others to make Paytm FASTag available for customers purchasing new vehicles across India.
- Nov 23, 2017 12:57 PM IST
Along with the motorbikes, an exclusive VIP zone, R nine T Café Bar, and BMW Motorrad Beer Garden will also be part of the IBW 2017
- Nov 03, 2017 09:28 PM IST
The biggest recall includes over 740,000 328i, 328xi, 328i xDrive, 525i, 525xi, 528i, 528xi, 530i, 530xi, X3 3.0si, X3 xDrive30i, X5 xDrive30i, Z4 3.0i, Z4 3.0si and Z4 sDrive30i vehicles from 2007-2011. Also included is the 2008-2011 128i.
- Oct 17, 2017 03:15 PM IST
"The new BMW 330i Gran Turismo M Sport with a perfect blend of sporting character, impressive performance and appealing design makes every journey an unforgettable experience," BMW Group India President Vikram Pawah said in a statement.
- Oct 11, 2017 02:15 PM IST
The automakers are considering the possibility of opening an assembly plant in the eastern Chinese city of Changshu, a BMW executive said, while declining to say what type of vehicles would be put together there.
- Sep 29, 2017 10:28 PM IST
Only 20 units of the model would be available for booking exclusively on Amazon India.
- Sep 05, 2017 08:00 AM IST
Audi was the No 1 luxury carmaker in the country between 2012 and 2014. But in 2015, its German rival Mercedes yanked away the top slot and continues to remain so. In the meanwhile, another German player BMW clawed back to occupy the second slot, pushing Audi to a distant third position.
- Jul 07, 2017 11:06 PM IST
The 2017 first half volumes rose 11.5 percent to 4,589 units over the same period in the previous year, BMW India, the third largest luxury car maker, said in a statement.
- Jul 07, 2017 07:50 AM IST
BMW's indirect procurement costs amount to about 20 billion euros a year, but BMW needs to make savings so the company can invest more in developing electric and self-driving cars.
- Jul 03, 2017 01:51 PM IST
While the reduction in prices will vary from state to state, the highest cut will be in Mumbai with the company's flagship SUV Endeavour becoming cheaper by up to Rs 3 lakh.
- Jun 29, 2017 01:49 PM IST
The all-new BMW 5 Series will compete against the Mercedes-Benz E-class, Audi A6, Volvo S90 and the Jaguar XF. BMW claims that the 5 Series is the market leader in its segment.
- Jun 29, 2017 10:33 AM IST
BMW is developing electric, autonomous and connected cars in addition to developing vehicles with combustion engines to meet more stringent emissions tests. In recent years BMW has invested around 5 percent of its revenue in R&D, or around 5 billion euros in 2016.
- Jun 19, 2017 08:05 AM IST
The company will launch new version of its locally manufactured 5 Series later this month and 6 Series Gran Turismo (GT) model next year to strengthen its product portfolio in India.