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Luxury Automobiles

Mercedes S-Class slashes rates as local assembly begins
economictimes.indiatimes.com

"This also reiterates our commitment to bring world-class manufacturing facilities into this strategic market, which is one of our top 10 markets globally, and to support our growth in the luxury automotive business," he said. He also announced an up …

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Mercedes S-Class price cut Rs 21 lakh as local assembly starts
zeenews.india.com

"This also reiterates our commitment to bring world-class manufacturing facilities into this strategic market, which is one of our top 10 markets globally, and to support our growth in the luxury automotive business," he said. He also announced an up …

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Ferrari to open 100-mn-euro theme park
www.sbs.com.au

Italian luxury sports carmaker Ferrari is to open a 100-million-euro ($A155.21 million) amusement park in 2016 with rides and a five-star hotel in Spain, its first such venture in Europe. Spread over 75,000 square metres within the PortAventura resort …

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Ferrari to open new amusement park in PortAventura, Spain, in 2016
www.theaustralian.com.au

ITALIAN luxury sportscar maker Ferrari is to open a €100 million ($155m) amusement park in Spain in 2016. Spread over 7.5ha within the PortAventura resort near Barcelona, Ferrari Land will feature Europe's highest and … Ferrari, part of Fiat Group …

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Tata Motors global sales dive 15 per cent in February
economictimes.indiatimes.com

In the passenger vehicles category, global sales last month were 50,775 units, 8.81 per cent higher than 46,662 units in February 2013. Sales of luxury brand Jaguar Land Rover rose 9.93 per cent to 39,011 units last month, compared with 35,485 a year …

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Audi A3 India Preview
www.thehindubusinessline.com

Audi Group's Member of Board of Management for Marketing and Sales Luca De Meo feels that Audi's story in India is one that defines success in a growth market. Encouraged by the prospect of a further developing luxury car market in 2014, Audi will be …

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Teslas in California Help Bring Dirty Rain to China
www.bloomberg.com

To keep up with demand, Tesla plans to invest $5 billion building a factory to produce battery packs for its luxury electric cars, it said last month. The project, dubbed the “gigafactory,” would be the world's largest such operation, according to …

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BMW 320i vs. Buick Regal vs. Mercedes-Benz CLA250 vs. Volkswagen CC
www.motortrend.com

Four cars, close in price, each with room for five and asserting better than average luxury, ready to go. We devised a plan to stay as far away from the Motor Trend offices in El Segundo, California, as we sensibly could, settling on a short tour of …

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Penske, owner of local car dealerships, buys Greenwich BMW
www.ctpost.com

"This stretch of West Putnam Avenue has become a magnet for luxury auto dealers, and this asset is right at the 50-yard line," said Joseph Simone, president of Simone Development, parent company for West Putnam Realty. The strip is also home to Porsche …

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