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EXCHANGE RATE IMPACT ON LUXURY CARS
Luxury car buyers lose most GST 2.0 benefits as Mercedes, BMW and Audi raise prices- Not-so smooth ride: Auto industry faces cost squeeze as steel, freight prices surge, more hikes likely
- Bollywood actor Imran Khan who took part in CJP protest had sold his Ferrari, BMW and Mercedes for a common man’s Volkswagen Polo GT car. Why he ditched the luxury cars?
- Maison D’Arome wants India to say oui to luxury perfumes without the heavy price tagMaison D'Arome has introduced a collection of premium perfumes in India aimed at discernible consumers. The brand asserts its fragrances ar...15 Oct, 2026, 02.10 PM IST
- Titan Jewellery CEO Arun Narayan bullish on festive demand, but watchful on rural trendsTitan Jewellery division CEO Arun Narayan expects a strong festive season, with Tanishq’s new Dhanteras collection, Adhyantara, catering to...14 Oct, 2026, 07.25 PM IST
- Leela reports operating revenue of Rs 412 cr in Q2FY27, PAT at Rs 95 crLeela Palaces Hotels & Resorts achieved a revenue of Rs 412 crore in quarter two of FY27. This reflects a 33% increase compared to the same...14 Oct, 2026, 05.17 PM IST
- Volvo Cars plans to raise India prices as rising input, logistics costs hit automakersVolvo Cars India is facing significant challenges from rising input and logistics costs, which may lead to price increases. The company's M...13 Oct, 2026, 03.18 PM IST
- Jaguar has reinvented itself with a 1,016-hp electric car. But its biggest challenge may not be TeslaJaguar has introduced the Type 01, a new electric grand tourer that showcases their rebranding efforts. This vehicle features a powerful 1,...12 Oct, 2026, 07.28 PM IST
- Mercedes-Benz India sees luxury buyers paying 5-6% more for plug-in hybridsMercedes-Benz India is optimistic about the demand for plug-in hybrid vehicles in the luxury segment. CEO Santosh Iyer noted the appeal for...11 Oct, 2026, 04.33 PM IST
- Audi India mulling local production of electric car, aims to double market share in 3-5 yearsAudi India is considering local manufacturing of a battery electric vehicle, with a decision expected in the next few months. The luxury ca...11 Oct, 2026, 04.31 PM IST
- Owner sees 2 employees coming to work on two wheeler in harsh winter, gifts Rs 45 lakh BMWs to themA restaurant owner in China's Henan province gifted two employees brand-new BMW cars worth around Rs 43 lakh each after seeing them commute...10 Oct, 2026, 01.15 PM IST
- Rohit Shetty lives in a 10-storey mansion in Juhu, Mumbai, priced Rs 80,000 per sq ft: First four floors house only his cars. Home features huge gym, home theatre, green terraceRohit Shetty, one of Bollywood’s most bankable directors with hits such as Golmaal, Singham, Chennai Express to his name, enjoys a lavish l...09 Oct, 2026, 01.33 PM IST
- RBI’s sell-buy swaps slow rupee’s fall but push up forward premiums, making hedging costlier for foreign investorsThe Reserve Bank of India is engaged in dollar sell-buy swaps to stabilise the rupee's value. However, this has resulted in higher forward ...09 Oct, 2026, 12.25 PM IST
- RBI rate hike to raise home, car loan borrowing costsThe Reserve Bank of India increased its policy rate by 25 basis points to 5.50% on Wednesday. Borrowers might face higher monthly installme...07 Oct, 2026, 01.17 PM IST
- Tata Motors' Jaguar rolls out £130,000 Type 01 luxury EV as British brand begins electric rebootJaguar has unveiled the Type 01, a luxury electric grand tourer with a price tag of £130,000. Orders are set to open in early 2027, and del...07 Oct, 2026, 12.15 PM IST
- RBI policy rate hike to immediately pinch retail customersThe RBI has raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023, which could make floating-rate home, car ...07 Oct, 2026, 11.01 AM IST
- US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midtermsUS credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline lea...07 Oct, 2026, 07.52 AM IST
- India luxury car sales rise 10% in 2026 as Mercedes-Benz, BMW see strong EV demandThe surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz In...06 Oct, 2026, 09.50 PM IST
- Mercedes-Benz India sales rise 8 pc in January-September 2026Mercedes-Benz has not only reached but surpassed its previous sales records in India, achieving 15,190 units sold during the January-Septem...05 Oct, 2026, 06.29 PM IST
- Let exchange rate act as shock absorber: IMF on Fed hike impact on IndiaThe International Monetary Fund has noted the potential impact of the US Federal Reserve's interest rate hikes on global markets. This situ...04 Oct, 2026, 05.59 PM IST
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