PUNE: Luxury carmaker Mercedes-Benz today launched an upper-end variant of its flagship luxury sedan E-Class in diesel version, E350, making it the eighth of the planned 10 launches this year. With a starting price of Rs 57.42 lakh (ex-showroom Pune), …

Savant is a recognized leader in home control and automation, and one of the fastest-growing Smart Home companies in the luxury and mid-market. Savant's powerful technology brings the four pillars of automation – climate, lighting, entertainment and …

MARANELLO Italy (Reuters) – Luca Cordero di Montezemolo, chairman of Italian luxury sports car maker Ferrari, is quitting to be replaced by the boss of parent group Fiat after the two men clashed over strategy and the Formula One team's poor results.

It's also ironic that a state that's offered loads of tax breaks to massive international corporations like Toyota was unwilling to let a small, luxury automaker sell a few thousand automobiles a year to consumers. Then again, given Texas' history with …

It's no wonder they're trying to be mysterious, since this week the brand has been surrounded by the implications of the huge change at top – its Chairman, Luca di Montezemolo, left the company after clashing with parent Fiat Chrysler Automobiles …

The centerpiece of the event, inspired by similarly titled affairs in the 1920s and 1930s, is an assemblage of 180 rare vehicles, including five Duesenbergs, said Executive Director David Schultz. The “quintessential” luxury cars, built from 1928 to …

Ferrari is a key component of Marchionne's plans to expand in luxury cars to better compete with Volkswagen, which owns Lamborghini among its stable of high-end nameplates. Montezemolo wanted to maintain Ferrari's autonomous status and limit sales to …

Regulators have recently focused on anti-monopoly enforcement in the luxury car market. Both automobiles and spare parts can cost significantly more in China than in other countries. Chinese Premier Li Keqiang on Tuesday spoke out against the …

The proceeds from the slush fund were spent on travel services, luxury automobiles, expensive jewelry, clothing, furniture and various other items, according to the statement of facts filed with the plea agreement. "The Criminal Division has been at …