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India to slash tariffs on cars to 40% in trade deal with EU, sources sayIndia is set to significantly reduce import duties on cars from the European Union. Tariffs will drop to 40% from as high as 110%. This mov...- BMW to launch 10 new cars in India and hike local sourcing to expand luxury salesBMW is set to launch ten new cars in India this year, featuring electric vehicles and its MINI brand. The company aims to boost local sourc...
- GST panel calls for steep levies on luxury EVs in blow for Tesla, BMWGST Council panel has suggested significant consumer levy increases on luxury electric vehicles priced above $46,000, potentially impacting...
- Tata-owned JLR shifts gears, beats Audi to finish third in sluggish luxury car raceJaguar Land Rover (JLR) has ascended to the Top 3 in luxury car sales, surpassing Audi with a 40% increase in FY25, driven by Defender and ...
- Days after gathering at Beijing Forum, top executives to meet Xi JinpingThe meeting in Beijing planned for Friday comes as Chinese authorities seek to bolster ties with foreign companies amid a drop in investmen...
- BMW accident: Sena leader, friend held; law equal for all, says Maharashtra CM Eknath ShindeA Shiv Sena leader, Rajesh Shah, and a family friend were arrested after a luxury car owned by Shah hit a two-wheeler, killing a woman and ...
- BMW and other German automakers express fear over new EV policy favoring new entrantsGerman companies express concerns over India's new EV policy favoring new entrants with lower import rates, seeking fair treatment for earl...
- India to give Musk's Tesla & peers what they want, but only if they bet on its production prowessThe Indian government is considering reducing import duty on fully built units for companies like Tesla in order to boost domestic manufact...
- G20 Summit skyrockets Delhi's luxury cars demand: Rentals reach up to Rs 1 lakh per dayCar rental agencies in Delhi are experiencing a surge in reservations for high-end vehicles ahead of the G-20 summit in September. Luxury v...
- Pravaig Dynamics aims to launch SUV by the second quarter of 2023The company has so far spent $18 million on developing the electric SUV, named Defy, and will invest an additional $30 million in the next ...
- BMW sees robust demand for luxury vehicles in India. Here's whyBMW India reported record sales of 5,570 cars (including 379 units of MINI) in the country in the first half of the year. The company has p...
- BMW exploring energy investments to reduce dependence on natural gasThe carmaker, which relied on natural gas for 54% of its energy consumption in 2021, is examining where it can add solar panels to its plan...
- Automakers seek delays, exemptions to India's planned new rules for parts: SourcesPrime Minister Narendra Modi is keen to reduce imports to boost local manufacturing to make India more self-sufficient and enable it to pla...
- Harley plans to hitch a ride with two-wheeler makers, Classic Legends, Hero Motocorp frontrunnersMahindra's Classic Legends could be the obvious choice for the iconic leisure bike making company as it aligns very well with M&M’s approac...
- BMW bets on SUVs to set the paceBMW expects one out of every two vehicles it sells in the country to be an SUV.
- India could extend deadline on steel import rules for automakers: SourcesIndia's auto manufacturing sector is dominated by Maruti Suzuki, Hyundai Motor Co, Honda Motor Co and Ford Motor Co.
- BMW explores assembly of motorcycles in IndiaBesides its plan to source a locally manufactured 310cc bike from TVS Motor, the luxury-bike maker is also considering the possibility of i...
- Anurag Mehrotra takes over as the new MD of Ford IndiaMehrotra, 44, will be the youngest MD of Ford India. He played a pertinent role in enhancing sales of EcoSport as vice president, sales, du...
- Now, expat interns line up for Indian exposureAfter expat executives, it's expat interns looking for some crucial emerging market experience in India.
- Expats train for HQs at MNC arms hereYou’ve heard of expat executives, looking for some crucial emerging market experience in India. But how about expat interns?
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