New Delhi, March 19 (IANS) Automobile manufacturer BMW Group India announced on Thursday that it will implement a price hike of up to 2 per cent across its BMW and MINI ranges effective April 1, 2026.The company attributed the price hike as an offset measure to rising logistics and material costs and a depreciating rupee, according to the statement.”This recalibration ensures we continue to deliver the uncompromising performance, cutting-edge innovation, and world-class service that our customer…
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New Delhi, Jan 26 (IANS) Lower customs duties on imported cars under the proposed India-EU free trade agreement could help expand India’s small luxury car market, BMW Group India President and CEO Hardeep Singh Brar said on Monday.Brar said the luxury car segment in India currently makes up only about one per cent of the overall passenger vehicle market, leaving significant room for growth if import duties are eased.“There is a strong and positive signal of confidence in India’s long term …
New Delhi, Jan 8 (IANS) BMW Group India on Thursday delivered its best-ever annual performance in 2025, recording highest car sales of 18,001 units, a strong 14 per cent year-on-year (YoY) growth that outpaced the average growth rate of India’s luxury car segment. The robust performance highlights rising demand for BMW and MINI vehicles despite a challenging and competitive market environment.Out of the total sales, BMW accounted for 17,271 units, while MINI sold 730 cars during the year.In ad…