Unexpectedly for the Indian auto industry, the luxury car market had a remarkable sales uptick in 2023, shattering previous records and changing consumer preferences for high-end vehicles. Both industry insiders and fans are interested by this unexpected turn of events, which has prompted a closer examination of the mechanisms causing this spike and any potential ramifications for the future of luxury automobile sales in India. Changing Dynamics: An Unprecedented Event The pre-COVID numbers were surpassed by an astounding 128 daily sales of automobiles costing more than INR 50 lakh in 2023, marking an unparalleled peak in the luxury car industry in India. The post-pandemic lifestyle shifts, strong corporate profitability, and rising interest from younger professionals are all contributing factors to this...

One of the biggest automotive corporations in China, Chery, is considering the construction of production facilities in the UK and continental Europe, a daring step that highlights the country's growing importance in the global automotive sector. This is a part of their bold ambition to introduce three SUV brands to the European market by the end of 2025, aiming to leave a lasting impression on the fiercely competitive European car industry. Chery's Invasion of Europe Chery's Approach to Strategy Victor Zhang, the CEO of Chery UK, disclosed that the company is targeting the UK market with the goal of following in the footsteps of Hyundai and Kia, who went from being relative unknowns to controlling almost 10% of the country's auto sales....

Porsche Taycan, recognized for its high-performance sports cars, recently showcased the capabilities of its all-electric prototype, the Taycan, at the Nürburgring track. The vehicle successfully completed the challenging 12.9-mile circuit in less than 8 minutes, establishing itself as one of the fastest electric vehicles to navigate the renowned track. This accomplishment by Porsche Taycan has turned heads within the automotive industry, challenging the notion that Tesla holds an unrivaled position in the electric vehicle market. While Tesla has set remarkable records, the Taycan's performance at Nürburgring highlights that there are formidable competitors beyond the American automaker. Unleashing the Power of the Porsche Taycan and its specifications Pre-series Taycan becomes the fastest electric Porsche to lap the Nürburgring. Porsche development driver Lars Kern was...

Thoothukudi to Host New Facility, Construction Begins This Year - BL Chennai Bureau About VinFast VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.  Strongly committed to the mission of a sustainable future for everyone, the company constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility for a sustainable planet. Learn more at: www.vinfastauto.com.  Vietnam's prominent electric vehicle (EV) manufacturer, is set to establish an EV plant in Thoothukudi,...

Faisal Khan, the creator and CEO of MotorBeam, has made waves in the glitzy world of cars and celebrity endorsements with a lavish buy. Khan has his sights set on the gorgeous 2023 Lexus LC 500h. Discover the fascinating insights provided by the influential car guy himself as we delve into a thorough analysis of this premium hybrid-electric vehicle. https://www.instagram.com/reel/CwzI-z6N-vX/?utm_source=ig_web_button_share_sheet&igsh=ZDNlZDc0MzIxNw== Faisal Khan - The Man Behind the Wheel Prior to delving into the nuances of the elegant Lexus LC 500h, allow us to give special attention to the driver, Faisal Khan. Faisal is a dynamic entrepreneur who founded MotorBeam in 2008, transforming it from a college interest into a full-fledged career by 2012. Faisal, who holds an MBA in Finance from Symbiosis,...

Mercedes Benz has introduced the brand-new EQE electric SUV in India, carrying a substantial price of Rs 1.39 crore (ex-showroom). Currently, the German luxury brand exclusively offers the top-tier EQE 500 4Matic+, with plans to unveil a more potent AMG-spec EQE in the Indian market. Following the EQB SUV and the EQS sedan, the EQE marks Mercedes' third foray into the realm of all-electric vehicles. This electric SUV is imported as a fully assembled unit under the CBU (Completely Built Unit) route, contributing to its premium price point. Despite the hefty cost, Mercedes aims to enhance customer satisfaction by providing an industry-leading 10-year warranty on the battery and a convenient service interval of once every two years. Mercedes Benz EQE electric...

Lamborghini Urus For nearly two decades, the co-founder of the renowned Indian online travel company harbored a dreamed of owning it Owning expensive, luxury cars is on the bucket list of many ambitious go-getters. For a young Indian man, who we’re going to deep dive into below, owning a Lamborghini, in particular, was a 19-year dream in the making, which he achieved quite achieved. Meet the Visionary Trailblazer: Rikant Pitti Rikant Pitti serves as the co-owner of EaseMyTrip, positioned as India's second-largest online travel company. Commencing their entrepreneurial journey at the tender age of 16, Rikant and his brothers Nishant Pitti, known for co-producing films such as Manikarnika: The Queen of Jhansi and Madaari, along with Prashant Pitti, laid the foundation for EaseMyTrip in...

Indian car lovers are excitedly anticipating the release of several highly anticipated models as the automotive industry turns its wheels towards a thrilling 2024. Here's a sneak glimpse at what's in store for automobile enthusiasts this year, including the sporty Maruti Suzuki Swift, the tech-loaded Hyundai Creta facelift, the potent Mahindra Thar 5-door, and the cutting-edge Tata Curvv. Maruti Suzuki Swift 2024 car is a wonder hatchback The eagerly awaited Maruti Suzuki Swift 2024 debut takes place in March to officially start the year. At a starting price of Rs 6.00 lakh, the fourth generation of this legendary hatchback is sure to win over customers. The standard and hybrid models are powered by a 1.2-liter, 3-cylinder engine that provides remarkable mileage...