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<a href="http://www.businessinsider.in/searchresult.cms?query=BMW">BMW</a> on Thursday said it will raise product prices by up to 3 per cent with effect from the first week of January.
 

	All the products of the company, including the Mini range, will become costlier due to the price hike.
 "The increase in prices is in continuation of our endeavour to offer the most aspirational and exceptional products to our customers and on adding more value to their overall ownership experience," <keyword id="6355119" type="CITY" weightage="80" keywordseo="BMW">BMW</keyword> Group India, President,<a href="http://www.businessinsider.in/searchresult.cms?query=+Philipp+von+Sahr+"> Philipp von Sahr </a>said in a statement.
 

	"The company believes that the 'circle of sheer driving' pleasure can only be completed by introducing innovative products, building dealerships, services that engages passionately with our clientele to deliver premium services ahead of its time," he added.
 

	At present, German <a href="http://www.businessinsider.in/searchresult.cms?query=luxury+car">luxury car</a> maker sells a range of vehicles in India, including sedans 1, 3, 5, 6 and 7 Series, along with SUVs X1, X3, X5, sports car M Series and hybrid model i8, which are priced between Rs 29.9 lakh and Rs 2.29 crore.
 

	The company's luxury compact car, the Mini series, is currently available between Rs 28.5 lakh and Rs 36.5 lakh.

BMW cars to get costlier in India, company to raise prices by up to 3% from January next year

German luxury carmaker <keyword id="6355119" type="CITY" weightage="100" keywordseo="BMW">BMW</keyword> today launched an updated version of premium compact car Mini Countryman, which comes with six airbags, dynamic traction control, anti-locking braking system, brake assist and run-flat indicator among other features, in India priced at Rs 36.5 lakh (ex-showroom Delhi). "Selective design modifications for the exterior and interior along with innovative equipment features contribute to the more mature charisma and increased appeal of the new MINI Countryman," <keyword id="890930" type="ORGANIZATION" weightage="100" keywordseo="BMW-Group-India">BMW Group India</keyword>, President, <keyword id="1131692" type="UNKNOWN" weightage="100" keywordseo="Philipp-von-Sahr">Philipp von Sahr</keyword> said. 

	The vehicle is available at Mini dealerships across India as a CBU (Completely Built-Up) unit from today onwards. 
 

	The BMW Group introduced Mini as a premium small car brand in India in 2012. Presently, the Mini model range in the country includes the Mini 3-door, the Mini 5-door, the Mini Convertible and the Mini Countryman. 
 

	Mini brand has four exclusive outlets in India.

	 
	 
	(Image credits: Indiatimes)

BMW launches updated version of Mini countryman in India

BMW India launched a new variant of its popular SUV model X3 priced at Rs. 59.9 lakhs today. 
 The new <keyword id="592541" type="UNKNOWN" weightage="80" keywordseo="BMW-X3">BMW X3</keyword> xDrive 30d M Sport comes fitted with a 3 litre six-cylinder diesel engine and is locally assembled at the company's Chennai plant. 
The new variant also features the 'BMW Driving Experience Control' switch, which enables the driver to choose between different driving modes to suit the driving conditions. 
 BMW Group India President <keyword id="1131692" type="UNKNOWN" weightage="80" keywordseo="Philipp-von-Sahr">Philipp von Sahr</keyword> said, "The BMW X3 is built for both the small and big challenges that each day brings." 
 
The X3 is now available in two variants - 30d M Sport and xDrive 20d. 
 
(Image credit: Indiatimes)

BMW unveils new X3 variant

German luxury car maker <keyword id="6355119" type="CITY" weightage="80" keywordseo="BMW">BMW</keyword> today said the localisation level in the cars it makes in India has reached up to 50 per cent and it plans to introduce 15 new models this year. 
 Cricket legend <keyword id="6354267" type="PERSON" weightage="80" keywordseo="Sachin-Tendulkar">Sachin Tendulkar</keyword> marked the occasion at the company's manufacturing unit at Mahindra World City, Singaperumalkovil near here, by formally assembling a BMW 5 Series car using parts from Indian auto-component suppliers. 
The company said 50 per cent of the 2,800 parts used in this series are now produced locally. 
 BMW began operations at the Chennai plant on March 29, 2007. Since then, the group has strengthened its commitment to the <keyword id="47445" type="UNKNOWN" weightage="80" keywordseo="Indian-market">Indian market</keyword> and has continuously increased the number of locally produced car models. 
 Eight car models are produced on two assembly lines at the BMW Plant Chennai plant -- 1 Series, 3 Series, 3 Series Gran Turismo, 5 Series, 7 Series, X1, X3, and <keyword id="430920" type="UNKNOWN" weightage="80" keywordseo="X5">X5</keyword>. 
 "In 2015 we will expand our product range and cover all the opportunity available in the luxury car segment. This year we will launch 15 new products along with i8 launched in January. We will also launch 1 Series, 3 Series, (new models)," <keyword id="890930" type="ORGANIZATION" weightage="80" keywordseo="BMW-Group-India">BMW Group India</keyword> President, <keyword id="1131692" type="UNKNOWN" weightage="80" keywordseo="Philipp-von-Sahr">Philipp von Sahr</keyword> told reporters. 
 He said: "Till date, BMW Group has increased <keyword id="6362476" type="ORGANIZATION" weightage="80" keywordseo="investments">investments</keyword> to Rs 4.9 billion (Rs 490 crore) in <keyword id="105039" type="CITY" weightage="80" keywordseo="BMW-India">BMW India</keyword> from Rs 3.9 billion. 
 
BMW activities in India include the manufacturing plant in Chennai, a parts warehouse in Chennai, a training Centre in Gurgaon. The company has 40 sales outlet in India.

BMW's planning a bumper 2015 for India. Know how

Prepping up for the growing competition in the sports car segment, German luxury auto maker <keyword id="105039" type="CITY" weightage="20" keywordseo="BMW-India">BMW India</keyword> has launched <keyword id="728207" type="UNKNOWN" weightage="20" keywordseo="BMW-i8">BMW i8</keyword> under its the new sub-brand BMW i. The new offing will be available in only key markets such as Delhi, Mumbai and Chennai as a CBU (Completely Built-Up) unit. 
	 “The world we live in is changing and a changing world constantly demands new ideas. The global automotive industry is witnessing a paradigm shift from the conventional combustion engine to sustainable mobility solutions. And, so is India. This iconic change is inevitable. At BMW, we are constantly working to create cutting-edge mobility solutions for the future. We will spearhead this revolution with BMW i – a ground-breaking concept for sustainable mobility and a new understanding of what premium means – strongly defined by sustainability,” said <keyword id="1131692" type="UNKNOWN" weightage="20" keywordseo="Philipp-von-Sahr">Philipp Von Sahr</keyword>, President, BMW Group India. 
	 
	The company has priced the new mode at Rs 2.29 crore. “With growing urbanization and increasing environmental challenges, the BMW i8 is the perfect solution to the mobility needs of the Indian luxury consumer living in the upcoming megacities of the country. With the launch of the BMW i8 - the most progressive sports car of the twenty first century, the future is here,” added Sahr. 
	 
	BMW i8 will be available in four variants, which include ionic silver with BMW i blue accent, protonic blue with frozen grey metallic accent, sophisto grey brilliant effect with BMW i Blue accent and crystal white pearl effect with BMW i blue accent.

BMW India launches its swanky BMW i8 at Rs 2.29 crore

BMW, the luxury car maker from Germany, which launched its fifth <keyword id="1641453" type="UNKNOWN" weightage="100" keywordseo="MINI-Convertible">Mini Convertible</keyword> model in India yesterday, has said that it is open to local assembly of the car when it reaches a critical mass in sales. 
 
"We can look at local assembly here, when we reach a critical mass in sales volume. That can happen some years down the line," BMW Group India President Philipp von Sahr told PTI. 
 
As of now, BMW India has an assembly line in Chennai, which makes eight models in the country. 
 
BMW, the luxury carmaker from Germany, which launched its fifth Mini Convertible model in India yesterday, has said that it is open to local assembly of the car when it reaches a critical mass in sales. "We can look at local assembly here, when we reach a critical mass in sales volume. That can happen some years down the line," BMW Group India President Philipp von Sahr told PTI. 
 
As of now, BMW India has an assembly line in Chennai, which makes eight models in the country. Sahr also added that the company does not want to make it a mass-brand just to increase the volume at the cost of the brand proposition of being the most premium small car in the world and in India. 
 
"Selling say 1,000 units as a premium brand and doubling that number at a lower price does not make much of a qualitative difference," he said while also adding that the mini doesn’t have any competition at all in this market. 
 
In the international market, BMW sold over 1.64 lakh units of Mini car in the first five years, while in India, it has been trending around 400 units per annum ever since it entered the market in 2012. 
 
Globally, amongst the largest selling model is the Cooper S, which is priced at Rs 31.4 lakh in India. Yesterday, its latest model, the Mini Cooper S Convertible, was launched at an introductory price of Rs 34.9 lakh, ex-showroom national. 
 
<a href="http://www.topgear.com/india/images/stories/articles/578x325/2012Jul23030856.jpg">Image source</a>

Make In India: BMW might start local assembly of Mini Convertible

BMW has launched two performance sports cars, X5 M and X6 M at Rs 1.5 crore and Rs 1.6 crore. These variants are available as completely built units and are open for booking from today, BMW Group India President Philipp von Sahr told reporters after launching the cars. 
 
 He said M series are some of the most powerful performance portfolios from the world’s largest premium car maker. 
 
 These models come with 8 cylinder petrol engines that can deliver a speed of 100 km in just 4.2 seconds with a top speed of 250 kmph. Both the cars are four-wheel drives and offer features like brake energy regeneration and equal weight distribution, among others.

Meet the two  new stunners from BMW’s xDrive stable!

Have you turned your head when a red <keyword id="16120" type="COMPANY" weightage="80" keywordseo="Ferrari">Ferrari</keyword> passed you on a busy road recently? Well, be prepared to spot many more <keyword id="6357420" type="CITY" weightage="80" keywordseo="mercedes">Mercedes</keyword>, Audis and BMWs as well. A recent Economic Times report reveals that India's luxury car market has grown eight times in the last seven years from 4,000 units in 2007 to 33,000 units in 2014. Luxury car experts are expecting this number to reach 100,000 units by 2020. 
 Recovering from the slowdown of 2012 and 2013, the luxury car market in India has shown stronger growth than the mass market segment, like other high-growth emerging markets such as Brazil, Mexico and Russia. Even during the lean period, top luxury brands like <keyword id="6363321" type="CITY" weightage="80" keywordseo="Audi">Audi</keyword> and Mercedes Benz have grown at double-digit pace, making India one of the "strategic markets" in Asia. 
 
Audi India MD Joe King believes that the Indian luxury car market will "at least double" by 2020 and should actually do much better than that. "The market has grown eight times in the last seven years," he told the Economic Times. "Typically, the premium segment displays a better dynamic than volume segment in many BRIC markets including India,” he added. 
 The experts believe a chunk of the future growth could come from non- metro cities."Along with the metropolitan centres, we foresee growth potential among the young achievers, predominantly from tier 1 and tier 2 cities, which have a dynamic attitude and are technology savvy," Philipp Von Sahr, president, <keyword id="6355119" type="CITY" weightage="80" keywordseo="BMW">BMW</keyword> Group India told ET. 
 
Understandably, India's rise in luxury car segment is prompting the big guys in the business to do some strategic thinking. Mercedes Benz, for example, has doubled production capacity to 20,000 units annually and with fresh investments, increased its total tally to Rs 1,000 crore. "This makes Mercedes-Benz the luxury car brand with the highest installed capacity in India," said Kern. And while Audi officials are still tight-lipped on the investment question, sources say it's a matter of time before the details are firmed up. 
 
Audi global head of marketing and sales Luca de Meo, while discussing the issue with the financial daily said, "India is a strategic market for Audi and the fourth top market in Asia after China, Japan and South Korea. We have a 34% share of the Indian market which is among the highest for us globally." Audi has a similar market share in China where as Brazil its other growth market, is lower at 32%, said de Meo. That's the reason Audi is taking a "long-term" position on India. 
 
As for BMW, India may not be among its high-volume single markets yet, but Von Sahr believes, "the future belongs to India. If you want to benefit from the dynamics of the Indian market later, you need to act today." 
 BMW already has a manufacturing plant in <keyword id="12864" type="COMPANY" weightage="80" keywordseo="Chennai">Chennai</keyword> and has so far invested over 51.8-million euros in India. 
 
 (Image: Reuters)

Wondering why you spot many more Mercedes, Audis and BMWs on Indian roads than before? Read this

When it comes to luxury sedans in India, <keyword id="6355119" type="CITY" weightage="80" keywordseo="BMW">BMW</keyword> is the first name that pops to mind. On Thursday, <keyword id="105039" type="CITY" weightage="80" keywordseo="BMW-India">BMW India</keyword> launched the new <keyword id="434136" type="UNKNOWN" weightage="80" keywordseo="X3">X3</keyword> SUV for the Indian roads. This model from the German multinational will only be available in the diesel variant. 
 
The car will be locally produced in the Chennai plant and will be available for purchase from today onwards. The X3 is available in 2 Diesel versions for Rs 44.9 lakhs and Rs 49.4 lakhs. The X3 has a 1,995 CC turbo charged engine with 8-speed automatic transmission system. A 7 channel in car entertainment system will only be available in the top version. 
 
Mr. Philipp von Sahr, President, BMW Group India said, “The new BMW X3 is the embodiment of independence. Whether it’s on the way to work, or on a weekend. With family or for some quality time alone. It is built for both the small and big challenges that each day brings. Its sporting character is revealed in an extremely dynamic driving experience with impressive efficiency and fascinating design that emphasises the athletic character of the new BMW X3.” 
 Safety features such as air airbags for front and rear passengers, ABS and dynamic stability control will also come as part of the package in the X3. This SUV is available in 8 colours and is ready to take challenge to <keyword id="6363321" type="CITY" weightage="80" keywordseo="Audi">Audi</keyword> Q3. We will know in a couple of months how it does on the Indian customers.

The New BMW X3 Comes On To The Indian Turf, Gets Priced

If you have been planning to buy a high end luxury car, this is the time. And before you book your dream luxury car make sure to thank Narendra Modi enough. Modi’s ‘Make in India’ has not only boosted India’s identity in the global map but also brought down the price of BMW made luxury cars. 
 
Celebrating the ‘Make in India’ initiative, BMW India has announced brand new prices for the portfolio of locally produced cars. BMW India has already increased the level of localization at BMW Plant Chennai up to 50 %. 
 
Mr. Philipp von Sahr, President, BMW Group India said in a press statement, “The future belongs to India. If you want to benefit from the dynamics of the Indian market, you need to act today. Following our approach ‘Production follows the market’, we have accelerated our localization program in India. We have created a win-win situation for our customers with a wide range of exclusively authentic luxury products and now equally attractive value proposition with ‘Make in India’.” 
 
The press statement issued by the car maker also says that BMW Plant in Chennai can be made up to 8t car models locally. Presently, the BMW 1 Series, the BMW 3 Series, the BMW 3 Series Gran Turismo, the BMW 5 Series, the BMW 7 Series, the BMW X1, the BMW X3 and the BMW X5 are locally produced at BMW Plant Chennai. 
 
Some of the major auto components sourced for local production of cars at BMW Plant Chennai are Engine and Transmission from Force Motors; Axles from ZF Hero Chassis, Door Panels and Wiring Harness from Draexlmaier India, Exhaust Systems from Tenneco Automotive India, Heating, Ventilating, Air-conditioning and Cooling Modules from Valeo India and Mahle Behr and Seats from Lear India. 
 
Apart from getting a Made in India BMW car, the price has also been revised. As per the new list provided by the company BMW 118d (Sport Line) will cost Rs 2,950,000. July onwards, BMW 3 series is priced at Rs 3,490,000 onwards, BMW X1 Drive20d (xLine) at INR 3,790,000, BMW X3 Rs 4,690,000. 
 
Besides, the price has been revised for BMW X5, 5 series, 7 series and Gran Turismo.

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