BMW promises luxury at Rs 28.9 lakh
German carmaker BMW on Friday launched its 3 Series in India as part of a strategy to corner more market share, even as other luxury car makers such as Audi and Mercedes—both, ironically, of German provenance—nip at its heels.
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According to figures released by the Society of Indian Automobile Manufacturers earlier this month, Audi's sales in the first three months of the fiscal have jumped by 52.15 per cent to 1,908 units from 1,254 units in the year-ago period. On the other hand, sales of BMW declined by 12.16 per cent to 2,088 units as against 2,377 units.