Cars
About half of all BMW's sold in India this year have been of the 3-series variety. You'd expect it to be so. Nevertheless, as of the first 3/4 of the year, that is just 500 BMW 3's. The 5-series makes up the majority of the remaining sales (with BMW India's chief figuring the 5-series will soon overtake the 3) and the X5 and 7-series selling in small numbers. Peter Kronschanabi expects to see only 50 BMW M3's sold in the first year after its introduction and not a single 1-series.
The lesson you learn from this: In a word, potential. 1.74 million cars were sold in India in 2006, and the market is growing at a rate of 20% per annum. In a nation of a billion people, the 'potential' for sales growth is hindered more by poor infrastructure than personal finances.
- India May Gradually Replace South Korea As A Gm Manufacturing Hub
GM is targeting at least 5 percent market share in India within the next ten years, a market the automaker believes will overtake Japan as the world’s third biggest. By 2025, India is expected to reach annual sales of 8 million vehicles. Read...
- Vw Group Sales Up 2.9% During The First 10 Months Of 2008
In spite of the global slowdown, the Volkswagen Group managed to deliver a total of 5.29 million vehicles to customers worldwide during the first ten months of 2008, up 2.8% from the same period a year earlier. In the month of October, the Group sold...
- Audi Starts A6 Production In India
Audi has begun production of its luxury midsize sedan, the A6 in India at its Aurangabad site in the state of Maharashtra. In 2008, more than 300 A6 sedans all of which are intened for the Indian market, will be assembled in single-shift operation. By...
- Volvo Enters The Indian Market
Volvo has opened up for business in India with the introduction of the first cars that will go on sale. The Swedish carmaker’s sales program kicks off with the S80 and XC90 models, both of which will be offered with three powerplants: a 4.4L petrol...
- Honda's Facts And Figures
68,000 - vehicles Honda expects to sell in India during this fiscal year which ends next month 90,000 - vehicles Honda expects to sell in India next year 160,000 - vehicles Honda expects to sell in India in 2010 1,100,000 - approximate total number of...
Cars
BMW INDIA
About half of all BMW's sold in India this year have been of the 3-series variety. You'd expect it to be so. Nevertheless, as of the first 3/4 of the year, that is just 500 BMW 3's. The 5-series makes up the majority of the remaining sales (with BMW India's chief figuring the 5-series will soon overtake the 3) and the X5 and 7-series selling in small numbers. Peter Kronschanabi expects to see only 50 BMW M3's sold in the first year after its introduction and not a single 1-series. The lesson you learn from this: In a word, potential. 1.74 million cars were sold in India in 2006, and the market is growing at a rate of 20% per annum. In a nation of a billion people, the 'potential' for sales growth is hindered more by poor infrastructure than personal finances.
- India May Gradually Replace South Korea As A Gm Manufacturing Hub
GM is targeting at least 5 percent market share in India within the next ten years, a market the automaker believes will overtake Japan as the world’s third biggest. By 2025, India is expected to reach annual sales of 8 million vehicles. Read...
- Vw Group Sales Up 2.9% During The First 10 Months Of 2008
In spite of the global slowdown, the Volkswagen Group managed to deliver a total of 5.29 million vehicles to customers worldwide during the first ten months of 2008, up 2.8% from the same period a year earlier. In the month of October, the Group sold...
- Audi Starts A6 Production In India
Audi has begun production of its luxury midsize sedan, the A6 in India at its Aurangabad site in the state of Maharashtra. In 2008, more than 300 A6 sedans all of which are intened for the Indian market, will be assembled in single-shift operation. By...
- Volvo Enters The Indian Market
Volvo has opened up for business in India with the introduction of the first cars that will go on sale. The Swedish carmaker’s sales program kicks off with the S80 and XC90 models, both of which will be offered with three powerplants: a 4.4L petrol...
- Honda's Facts And Figures
68,000 - vehicles Honda expects to sell in India during this fiscal year which ends next month 90,000 - vehicles Honda expects to sell in India next year 160,000 - vehicles Honda expects to sell in India in 2010 1,100,000 - approximate total number of...