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Showing posts with the label BMW GROUP

Car review: Entry-level sedan costs less, but stays true to BMW DNA

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  How do you get people to buy your car when excise duties and high pricing render the retail cost much higher than what it would otherwise sell for? One way is to launch entry-level cars that start at the bottom of the price scale, and hope customers will keep trading up. That's something that BMW has tinkered with in the past as well. In 2010, it launched its Corporate Edition 3 Series for some Rs 24 lakh, which was around Rs 10 lakh cheaper than the regular 3 Series. But the catch was that it came without bells and whistles and led some to question whether the car-maker had gone too far with the decontenting blade. After all, at the time a customer could have easily opted for cars such as the Skoda Superb, which were larger, roomier, had more features and were priced similarly. But the Bavarian car-maker was betting on the allure of its badge. The gambit worked and the cars sold out. They were later discontinued. Read More

BMW drives in its mid-sized X3 M SAV in India priced at Rs 99.9 lakh

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  German luxury carmaker BMW on Monday said it has launched mid-sized sports activity vehicle (SAV) X3 M in India priced at Rs 99.9 lakh (ex-showroom). The model is designed to offer standout performance characteristics, personified with squarely geared features to meet the functional requirements of a high-performance car, the automaker said in a statement. The BMW X3 M comes as a completely built-up unit (CBU), it added. "The introduction of a high-performance mid-size SAV will further strengthen our presence in the segment & entice new driving experiences," BMW Group India President Vikram Pawah said. Uniqueness of the first-ever BMW X3 M lies in a newly developed powerful engine and sophisticated chassis technology, he added. Read More