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Luxury Automakers Plan to Assemble Vehicles in India to Avoid Import Tax

Luxury automakers try to boost sales in India by assembling the vehicles in this country. As automakers have to pay a 100% import tax to bring luxury vehicles to India, they have decided to manufacture the cars here. Over the past year luxury auto sales in India have begun to increase, therefore automakers have begun to turn their attention to this ...

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Audi Surpassed BMW in India Luxury Auto Sales

Audi managed to surpass BMW and become the largest seller of luxury vehicles in India. Over the past years the luxury auto market in India has continuously increased and more and ...

2014 BMW X5 gets detailed

New details have emerged on the new generation of the BMW X5, which will be officially presented to the public during the 2013 Frankfurt Motor Show, in September. SUV lovers now ...

BMW i8 Spied in Monaco

The brand new BMW i8 has been recently spied in Monaco where the Bavarian based automaker is currently testing it. The German based automaker is getting ready to offer the new ...

BMW unveils 6-Series M Sport

BMW has recently pulled the wraps off its latest creation, the 6-Series M Sport, which will go on sale starting from June, 2013. After showing us the limited edition of the ...

BMW announcing M6 Gran Coupe Launch Edition

The German based automaker BMW has recently announced its plans to introduce the M6 Gran Coupe Launch Edition in Canada. The newest creation to be based on the luxurious and powerful ...

Meet the new BMW M235i Coupe

The very first images showing the new BMW M235i Coupe without any camouflage on its body have recently hit the web. The German based automaker BMW is quite busy these days ...

BMW Gran Lusso Coupe Pininfarina previewed

BMW and Pininfarina have recently teamed up in order to create the Gran Lusso Coupe, which will be officially presented to the public at the Concorso d’Eleganza Villa d’este. The German ...

BMW CEO Tells German Automakers to Confidently Embrace the EV Technology

BMW CEO Norbert Reithofer told the other German automakers to set aside fears related to the future of electric vehicles and confidently embrace the technology. “Germany is respected and admired the ...

Audi Outsells BMW and Mercedes in China April Sales on Demand for SUVs

Last month VW’s Audi managed to post the fastest sales growth pace in China among its German luxury rivals, due to increased demand for SUVs. Audi’s sales in China increased 13% ...

Luxury Automakers Plan to Assemble Vehicles in India to Avoid Import Tax

Luxury automakers try to boost sales in India by assembling the vehicles in this country. As automakers have to pay a ...

Luxury Auto Market Growth in China Down 8.34% in the First Quarter

During the first quarter, premium-car market in China has dropped to 8.34%, representing a decline of 80% compared with the ...

Thieves Stole an Audi RS4 Quattro Avant from Bury St Edmunds Audi Dealership

High-tech thieves managed to steal a grey Audi RS4 Quattro Avant estate two days ago, even if the car was ...

Tata Delays Plans of Building Plant in Thailand

As Tata tries to deal with a drop in demand it has decided to postpone the development of the new ...

Audi Surpassed BMW in India Luxury Auto Sales

Audi managed to surpass BMW and become the largest seller of luxury vehicles in India. Over the past years the luxury ...

GM Stock Surpasses 2010 IPO Price

Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will ...

PSA Workers at Aulnay Plant End Four-Month Strike

Peugeot’s workers at the Aulnay plant accepted to end the 4-month strike held for the plant’s closure. The workers will end ...

Jaguar Plans to Upgrade Its Dealerships in the US

Jaguar plans to refurbish its dealerships in the US as it prepares for a wave of new products. The automaker with ...

VW April Sales Up 7%

VW reported sales up 7% to 784,600 vehicles in April, after a drop of 0.2% in March. "Nevertheless, the market environment ...

Volvo April Truck Sales Down 2%

Volvo sales dropped 2% to 16,572 vehicles in April, compared with the same month last year. Sales in Europe dropped 7% ...

Tesla Plans to Repay Energy Department Loan

Tesla plans to raise $1.08 billion to build cash reserves and repay the loan offered by the Energy Department. CEO Elon ...

Michelin Comes With New Agreement for Its French Plants

Michelin plans to implement new rules at its facilities in France, aimed at adjusting capacity and avoiding lay offs, as ...

George Michael Involved in Car Crash in England

Thursday night, May 16th, George Michael was injured in a car crash which took place on the M1 motorway at ...

Sale of the Nurburgring Race Track Began This Week

The bidding for the Nurburgring race track started this week, and the final price is expected to reach about £100 ...

Fiat Does Not Plan to Move Headquarters to the US

Fiat CEO Sergio Marchionne said that the company does not plan to move its headquarters to the US. "This issue, treated ...

Ferrari joins Lotus in tyre tweak criticism

May 17 (GMM/Inautonews.com) Ferrari has joined Lotus in criticising Pirelli's mid-season tyre tweak. Following early-season criticism, culminating in the furore ...