Sale of SUVs grew seven times faster than that of passenger cars in fiscal 2018, primarily due to the introduction of new models and changing lifestyles. According to data from the Society of Indian Automobile Manufacturers, more than 900,000 SUVs were sold in the last fiscal against 760,000 units in...
Mercedes Benz expands market presence in India, expect India to be a top 4 market
After 15 years the Indian luxury car market, Mercedes Benz is seeing competition heat up from compatriot BMW. Managing Director Peter Honegg was interviewed about his approach to India and quoted in Automotive Magazine. While many foreign entrants worry that India's market is hyper-sensitive to price, the reality is that...
BMW starts production of 5 Series luxury cars in India
There is a market for any product at any price in India. Most stories in the West have focused on the Tata Nano, the lowest cost car in the world, and while other low cost cars such as the Suzuki's Maruti line, entries from Hyundai, Renault, and even GM/Ford are...