Search Results for: balbir dhillon

Source : PTI | The ceasefire in West Asia is expected to help lift market sentiments in India, making luxury car customers who held back purchases to come back to showrooms to take deliveries, according to top officials of Mercedes-Benz, BMW Group and Audi in the country. Having resorted to stocking up of parts and […]

Source : PTI | Electric vehicle (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions offering better total cost of ownership, according to industry players. While the trend is also visible in the mass market segment, it […]

Source : PTI | After a record-breaking year, India’s automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain […]

Source : PTI | Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the […]

Source : PTI | New Delhi: Led by robust demand in the festive period, Maruti Suzuki India and Tata Motors are looking to have record retail sales in October. The companies are also eyeing bumper deliveries to customers on Dhanteras. The country’s largest carmaker, Maruti Suzuki, said it has delivered about 30,000 units to customers […]

Source : PTI | Luxury carmakers Mercedes-Benz, Audi, and BMW are eyeing robust sales during the festive period this year with demand for high-end cars continuing to see an upward trend in India. In an interaction with PTI, Mercedes-Benz India MD and CEO Santosh Iyer said the luxury car segment is set for its best-ever […]

Source : PTI | Luxury car sales in India could cross the milestone of 50,000 units for the first time in a year in 2024 amid growing demand for such models, according to Audi India head Balbir Singh Dhillon. The overall domestic luxury car segment grew by 28% annually last year to record sales volume […]

Source : PTI | The situation in the Red Sea is creating supply chain issues for German luxury carmaker Audi, impacting car deliveries to customers in India in the first quarter but recovery is expected in the coming months, according to a senior company official. With electrification on its primary agenda, the company is also […]

Source : PTI | Luxury carmakers Mercedes and Audi have dispatched record units this festive season as the demand for high-end cars continues to grow in the country. Driven by brisk sales throughout the year, the luxury car industry in India is hopeful of achieving its best-ever performance this year. In an interaction with PTI, […]

Source : PTI | Luxury carmakers Mercedes-Benz, Lexus and Audi expect sales momentum to continue in the ongoing festive season with demand remaining robust for high-end cars. With offtake remaining strong, the festive season push could even see the luxury car segment posting its highest ever volumes in a year in 2023. In an interaction […]

Source : PTI | Indian luxury car segment is driving towards an all-time high sales this year with the big three, Mercedes-Benz, BMW and Audi, posting record numbers in the first half of 2023. In the January-June period this year, German luxury carmaker Mercedes-Benz posted its best-ever half-yearly sales in India at 8,528 units, a […]