LUXURY CARS
Aston Martin unveils new Vantage: A Rs 3.99 crore marvel of power and luxury
Aston Martin has introduced the new Vantage, priced at Rs 3.99 crore. Its 4.0-liter V8 Twin Turbo engine delivers 665PS and 800Nm, accelerating from 0 to 60mph in 3.4 seconds. The car features advanced dynamics, luxury interiors, and cutting-edge technology. Deliveries are expected by the last quarter of 2024.
Salman Khan's bodyguard buys Rs 1.4 crore SUV: Fans say hire me as your bodyguard
Aamir Khan and Rajinikanth may reunite after 30 years in Lokesh Kanagaraj's highly anticipated film Coolie. Although not officially confirmed, reports suggest Aamir might make a special cameo in the movie, which is being produced on a grand scale. The film, featuring a stellar cast including Amitabh Bachchan, Shruti Haasan, and Rana Daggubati, began shooting in Hyderabad in July 2024 and is slated for release in late 2025.
MPCB alleges non-compliance with environmental standards by Mercedes-Benz India
The Maharashtra Pollution Control Board (MPCB) found Mercedes-Benz India's Pune plant violating environmental guidelines. An inspection revealed non-compliance, leading to the forfeiture of Mercedes-Benz's bank guarantee of Rs 25 lakh. The company denied receiving formal notice but pledged to work with authorities and implement necessary corrective actions.
Ferrari or Lamborghini, it's a luxury quite a few can afford
A Lamborghini booked now will be delivered only in 2026 or later, as the supercar maker has sold all units its Italian headquarters allocated for India. The company retails the Huracan, Urus and Revuelto in India, with the on-road price ranging from ₹5 crore to ₹10 crore.
Kim Jong Un seen with shiny new luxury car, defying UN sanctions on North Korea's imports
Kim Jong Un was spotted using a new Mercedes-Benz SUV, defying UN sanctions on luxury goods. The North Korean leader's preference for high-end cars, including a recently gifted Russian Aurus from Putin, remains evident. This comes amid continued diplomatic ties between North Korea, Russia, and China.
Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive
In 2016, Tesla invited preorders for the Model 3 in India, but the cars never arrived, mainly due to tax concerns and factory issues. Other automakers have since launched EVs in India, and the market has evolved. Despite reduced import duties, Tesla's plans for an Indian factory and affordable EVs remain unclear.
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Lamborghini bets big on India's long-term potential
Lamborghini projected significant growth in India, with the potential to be a top market in the Asia Pacific region. The company sold a record 103 units in 2023 and aims for 150 annual sales by 2026. India has the youngest customers worldwide, with an average age below 40, and benefits from growing infrastructure and a thriving start-up culture.
Why have European car makers struggled to succeed in India?
European brands have failed to capitalise on successive waves of boom in the Indian car market. With Chinese brands pushing them out and the western market stagnating, India remains the great hope. ET looks at what they can do
Why is John Abraham afraid of spending money on luxury items? Actor reveals all his clothing fits in a single suitcase
John Abraham, despite his success in Bollywood, remains committed to a simple, middle-class lifestyle. In a recent interview, he revealed that all his clothes fit into a single suitcase and that he prefers driving a pickup truck instead of a luxury car. John emphasizes the importance of creating value over accumulating wealth and attributes his modest approach to the values instilled in him during his upbringing.
Mercedes-Benz confident of double-digit growth this year, rolls out 2 new top-end models
With the unveiling of the Mercedes-AMG GLC 43 4MATIC CoupA and CLE 300 Cabriolet AMG Line, priced at Rs 1.105 crore and Rs 1.10 crore, respectively, the company has strengthened its top-end product range further.
Young buyers spend a fortune on luxury car makeovers
From rare paintwork, handcrafted leather interiors to special registration numbers, auto makers see surge in queries for customisation.
'My BMW and Mercedes, gone': Gurgaon resident shares flooded car video
In Gurgaon, a BMW M340i, was submerged after heavy rainfall. An Instagram user shared his frustration on social media, criticizing local authorities for poor infrastructure. The video sparked widespread outrage, with residents blaming inadequate drainage systems.
Why are the tax authorities auctioning Rapper Tekashi 6ix9ine’s Luxury Cars?
The IRS confiscated rapper Tekashi 6ix9ine's expensive cars, which were later sold to pay off his obligations. A Lamborghini and a Bentley were among the vehicles up for bid. Although their status is unknown, further objects from his house were also removed.
Porsche India retail sales grow 40% in January-June period
Manolito Vujicic, Brand Director, Porsche India, said that the desire to own a Porsche in India continues to grow. He added that this reflects what has been a solid, continuous growth of sales right across each model line for Porsche in India over the past few years. Two new Porsche all-electric sportscars, the Taycan and Macan, are available to order now, with deliveries in India planned to commence from early 2025, the company stated.
BMW launches 5 Series luxury sedan, two new Mini Coopers, and its first scooter for Indian markets. Check features and prices
BMW 5 Series 2024: The four vehicles BMW launched include the brand-new 8th generation of the 5 Series luxury sedan which took up prime attention. Along with that, the Mini Cooper S hatchback and the Mini Countryman Electric cars were launched. For the first time, BMW also introduced to the Indian markets its electric scooter model, the CE 04, which now is the most expensive scooter in the market.
Mercedes Benz comes up with customised finance options for aspiring buyers
Mercedes-Benz India has launched financial solutions for customers looking to own its model range, including initiatives like 'Step-up EMI', 'Lower EMI with higher annual payout' and 'EMI Holiday', tailored to meet individual financial needs. Mercedes-Benz Financial Services MD & CEO Brendon Sissing introduced the 'Wishbox' financial solution for personalised options. Vice President Sales & Marketing Lance Bennett announced plans to unveil six new models in the latter part of the year.
Delhi HC allows sale of conman Sukesh Chandrasekar's 26 cars, says vehicles subject to decay
These cars were attached and in possession of the Directorate of Enforcement (ED) in a money laundering case linked to the Rs 200 crores extortion case.
Pune Police confiscate luxury car used by IAS officer Puja Khedkar
Pune police confiscated a luxury car used by probationary IAS officer Pooja Khedkar for allegedly installing a red beacon light illegally. The Pune Regional Transport Office (RTO) issued a notice to the private company that owns the Audi car, which 34-year-old Khedkar used during her posting in Pune. Khedkar has been accused of misusing the disability and Other Backward Class (OBC) quota to secure her IAS position, and allegedly used the red beacon light and had "Maharashtra Government" written on the car without permission.
Motown, slowtown: Luxury car sales slow in line with broader slowdown in Indian auto market
Carmakers attributed the sluggish performance to a broader slowdown in the Indian car market, besides intense heat waves this summer, and an extended general election. Some experts also cited a shift in spending by the wealthy to experiences such as bespoke holiday itineraries.
Valmiki Corporation scamsters honey-trapped officials to misappropriate money, claims BJP leader
Senior BJP leader B Sriramulu accused Karnataka's Maharshi Valmiki Scheduled Tribes Development Corporation of misappropriating funds through honey-trapping government and bank officials. The money was allegedly used to purchase luxury cars including a Lamborghini. He alleged that the funds were diverted through 'hawala' channels. Former Minister Narasimha Nayak criticised the state government's alleged involvement in the scam, with the BJP demanding the arrest of Congress MLA B Nagendra over the scandal.
Worli Hit Run Case: Main accused consumed excessive amount of alcohol on night of incident
Mihir Shah, the main accused in the Worli hit-and-run case, consumed excessive alcohol at two locations on the night of the incident, according to Mumbai police. Shah and his driver Rajrishi Rajendra Singh Bidawat confessed to their roles during interrogation. Shah was arrested in Virar after being absconding, and his father was also arrested.
BMW hit-and-run case: Police recreate scene with Mihir Shah and driver; both confronted during interrogation
Mumbai BMW accident: Two accused in the Worli hit-and-run case, Mihir Shah and his driver Rajrishi Bidawat, have confessed to their roles in the crime. Police recreated the scene from CJ House Worli to Sea Link Worli. Shah was sent to police custody until July 16 after being arrested in Virar. Maharashtra Chief Minister expressed alarm at the rise in hit-and-run incidents.
BMW case: After victim was dragged by Mihir Shah till Bandra Worli Sea Link, Rajrishi Bidawat drove car over her
In Mumbai, Mihir Shah and Rajrishi Bidawat killed Kaveri Nakhwa, injuring Pradeep. Aided by Rajesh Shah, Mihir escaped but later vanished in Borivali. They were arrested and given 14-day judicial custody. Look Out Circular issued. CM Shinde ensures justice. Crime Branch involved. CCTV shows 1.5km drag. Aaditya Thackeray comments on incident.
Mercedes seeks to tap first-time luxury buyers in India with entry-level EVs
Mercedes-Benz India, under CEO Santosh Iyer, launched the EQA 250 and EQB 350 to attract new luxury car buyers. Upcoming EVs include the EQS Maybach SUV and electrified G-Class, priced over Rs 3 crore. They achieved their best sales in 2023 and 60% EV growth in H1 2024, targeting Rs 1 crore income households for double-digit growth.
Bollywood actor Ronit Roy buys sea-view luxury apartment in Mumbai’s Versova
Bollywood actor Ronit Roy and his wife Neelam acquired a 4,259 sq ft sea-view apartment in Versova, Andheri from Macrotech Developers for nearly Rs 19 crore. The June 10 deal includes four exclusive parking slots and a stamp duty of Rs 1.14 crore. The 29-storey project will be completed by December 2026. High net-worth individuals, including Bollywood stars like Amitabh Bachchan, Shahrukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai, are investing in real estate.
Watch: Rolls-Royce Ghost breaks down in waterlogged Delhi road, Internet users suggest use 'Alto'
In a viral video, a Rolls-Royce Ghost was seen stuck on a waterlogged road in Delhi. The luxury black vehicle was stranded with its hazard lights blinking, while more modest cars navigated the flooded street with ease. The incident was captured by a Maruti Suzuki driver and shared on Instagram.
JLR plans to start making flagship Range Rover model in India
The local assembly will translate into a 18-22% price reduction, Amba said. The Range Rover will drop to Rs 2.6 crore from Rs 3.3 crore while the Range Rover Sport will fall to Rs 1.4 crore from Rs 1.8 crore. India levies a duty of 15% on completely knocked down kits and more than 100% on imported models.
Iconic British car brand Jaguar Land Rover plans to ride India's luxury boom
The luxury carmaker plans to launch at least half a dozen new models from the JLR stables, both ICE and EV (internal combustion engines and electric vehicles), as it seeks to capitalise on the growing number of high-net-worth individuals in the country. This is the most aggressive push by JLR since it entered the Indian market in 2009.
Luxury car companies speed up amid SUV ‘road rage'
Luxury car makers such as Mercedes-Benz, BMW and Audi are set to launch several new sport-utility vehicle models over the next three months, hoping to further deepen their foothold in this growing segment fuelled by evolving lifestyle trends and changing preferences of India’s affluent buyers.
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