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German luxury carmakers split on hybrids as EV sales surge
BMW dismisses hybrids as costly and unnecessary, while Mercedes is betting on them to ease the shift away from petrol and diesel.
EVs are emerging as the new choice for long-distance travel: BMW's Hardeep Singh Brar
Electric vehicles are increasingly replacing diesel for longer journeys in India. BMW India reports a significant rise in electric vehicle sales, now comprising 26 percent. The company anticipates electric vehicle sales to reach forty percent by the year 2030. This transition is driven by fuel price increases and improved EV range. BMW plans to offer electric options across its entire vehicle portfolio soon.
Why KPIT Tech shares crashed 15% today: The BMW & Volkswagen connection explained
KPIT Technologies shares fell after the company warned of an unexpected slowdown in revenue from European auto clients, likely including BMW and Volkswagen. In a Q1FY27 update, the firm said it now expects a ~1% YoY revenue decline, citing sudden cutbacks by European OEMs following weak earnings outlooks.
BMW Z4 Crashes At 250 kmph Near Mumbai, Two Killed In High-Speed Horror
Preliminary investigations suggest that excessive speed was a major contributing factor.
BMW to launch 27 products in India this year, eyes No. 1 spot
BMW Group India is launching 27 new models this year, aiming to solidify its position as the top luxury carmaker. The company is focusing on expanding its portfolio and meeting customer demand, expecting strong double-digit growth. MINI sales are also projected to significantly increase, with plans for network expansion.
BMW Forecasts Margin as Low as 1%, Sending Stock Tumbling
Picture used for representational purpose only.
BMW rolls out MINI Countryman C locally with introductory price of Rs 47.5 lakh
BMW Group India has launched the locally assembled petrol-powered MINI Countryman C at an introductory price of Rs 47.50 lakh. This move to local manufacturing makes the premium crossover more competitive. The new variant features a 1.5-litre turbocharged petrol engine and is built on the UKL2 platform.
BMW Plans To Cut More Costs After China Slump Hits Outlook
The lower forecast comes just one month into the tenure of Chief Executive Officer Milan Nedeljkovic, who took over in May from Oliver Zipse.
EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delays
Electric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months for popular models. This shift is driven by increased fuel prices. Companies like Maruti, Mercedes-Benz, and BMW are experiencing unprecedented interest in their electric vehicles. Supply chain issues are now limiting production more than customer interest.
BMW Group India to hike prices by up to 2 pc across BMW, MINI vehicle portfolios from July 1
BMW Group India announced a price increase for its BMW and MINI vehicles. Prices will go up by up to 2 percent starting this July 1. This change affects both locally produced and imported models. The company cited macroeconomic factors like rupee depreciation and rising logistics costs for the adjustment. This move aims to maintain premium standards.
Tesla repositions Model Y in India to take on BMW, Mercedes EVs
Tesla has aggressively cut prices on its Model Y in India, aiming to compete with luxury rivals despite import duties. This strategic move follows a slow market entry, with rising fuel costs now potentially boosting EV adoption. The new Model Y Premium RWD is priced significantly lower, broadening Tesla's appeal to a wider range of premium car buyers.
BMW Industries consolidated net profit rises 88.20% in the March 2026 quarter
Sales rise 33.32% to Rs 209.50 crore