Luxury Cars In India
More than 5,000 luxury cars were sold in 2006, up from 3,000 cars in 2005 and just 1,000 in 2004. Over 80,000 millionaires in metros and mini-metros have fuelled increasing demand for these vehicles priced at Rs 20 Lakh and above. Car loans have also come up with competitive equated monthly installments (EMIs) to attract the common individual with big dreams. Top of the line marques like Mercedes-Benz, BMW, and Audi are now available at an EMI very close to those of premium cars like Honda Accord, Toyota Corolla, and Hyundai Sonata. In the volume car market, 75% of all sales are financed, while 60% of luxury cars are financed. Here is a look at the Top 10 Luxury Cars any successful professional can afford.
This dynamic sports car is designed with various finest hand trimmed materials showing its excellent body lining. Its advanced features and accessories include all-alloy structure, hand assembled V8 engine, high-end electronic controls, new range of audio systems, lightweight body.
Its low passenger and driver's seat will provide complete comfort of long driving. Well equipped with rear tail gate, extruded aluminum side impact bars, halogen projector headlamps, rear LED lamps, rear parking sensors etc. , this car will be the dream car of tomorrow.
Established on March 7, 1916, BMW (Bayerische Motoren Werke GmbH) has now became one of the major automobile manufacturers in the International market. The company is a world wide manufacturer of high performance premium automobiles and motorcycles. It is the present current company of both the MINI and Rolls-Royce car brands.
On the commencement of the year 2007, BMW is supposed to start manufacturing and selling cars in India. In addition to its sales subdiary in Delhi region, it will start operating an assembly plant for BMW 5 and 3 series in Chennai. Just after establishing its plants in the various cities of India, the company wish to capture the entire market of metropolitan cities.
The total world production of BMW Motors in the year 2006 was 1,366,838 vehicles produced in the five locations of different countries. BMW has been engaged in motor sports activities since the dawn of the first BMW motorcycle. They also manufacture Formula cars, Touring cars and Sports cars.
Bentley Motors Limited is an England based company that offers freedom of choice to have pure refinement and style. The company was founded in 1919 when the first Bentley engine burst into life at New Street Mews, London. The company has become now quite similar with the production of stylishly designed luxurious cars.
Bentley can be defined as a perfect blend of various unmistakable characteristics like distinctive design, handcrafted luxury, breathtaking power and performance, a refined and exhilarating driving experience. Bentley cars can be distinctly held apart due to the above mentioned features.
In the market of luxurious cars, Bentley Motors Ltd. has given a tough competition to Rolls Royce and made its own independent identity with the most breathtaking high-performance vehicles of the world. The company has globally sold just over 10,000 cars in 2007, as compared to approximately 9000 in 2006, 8,500 cars in 2005, 6,500 in 2004 and 1000 in 2003.
Incepted in 1908, General Motors has captured the forefront of technological innovations in the automotive
sector. The company has always stood a shade above the rest. In 1911, it introduced the electric self-starter, in 1933, developed the front wheel suspension, called the Knee – Action. With around 17% share in the world of auto market, General Motors is a global leader among car manufacturer. Their products are being exported in over 170 countries and its manufacturing base is spread across 43 countries. The company has an annual production of about 85 lacs.
The many variants of the company are Cadillac, Oldsmobile, Chevrolet, Pontaic, Holden, Vauxhall, Geo, Opel, Saturn and many more. In 1975, it initiated the installation of the industry's first catalytic converters in all cars in U.S. The company delivered “The GM EV1”- the first electric vehicle to the world. EVJ (an electric passenger vehicle) is the most latest invention of General Motors.
In 1994, General Motors India was formed as a result of collaboration between General Motors Corporation and C.K. Birla Group of Companies. Its manufacturing plant was located at Halol, 40 km north of Vadodara in Gujarat. GM India has introduced the latest manufacturing methods and human factor practices to its this plant and therefore is the benchmark for advanced technologies in the Indian automotive industry. The company was formed with a total investment of 100 million dollars.
General Motors has perfectly combined Indian creativity, American management and German engineering and produced premium automobiles in a world class manufacturing atmosphere. Its Opel Astra is the best selling model worldwide and the third best selling car ever produced.
The company possess a widely distributed dealer network and fully functional after sales support system. They provide solid backing for their customers after they purchase the product and help assure total customer satisfaction and enthusiasm.
Established on 6th October, 1997, Toyota motors has pulled the vigilant of Indian customers to its products. With the full devotion and round the clock services, Toyota tied up with Kirloskar Group by forming Toyota Kirloskar Motor Private Limited. Two shareholders of Toyota Motors are Toyota Motor Corporation holding share of 89% while Kirloskar group is having the share of 11% .
Headquartered in Japan, Toyota motors is a multinational corporation, the world's largest automaker. Other offices are located in Aichi, Nagoya and in Tokyo. In 1982, Toyota Motor Company and Toyota Motor Sales merged into one company, the Toyota Motor Corporation. After two years, Toyota signed a joint venture with GM called NUMMI, the New United Motor Manufacturing, Inc, operating an automobile manufacturing plant in Fremont, California.
Toyota Motors has been appreciated by many awards. In 1970, it was awarded by Japanese Quality Control Award for being participating in a wide variety of Motor sports. Later in the year 1990, Toyota Motors began to branch out from producing mostly compact cars by adding several larger and luxurious vehicles to its lineup.
In 1997, the company began production of the world's best selling hybrid car
, the Toyota Prius. Later in 2002, it has started IMV project, "Innovative International Multi-purpose vehicle" to optimize global manufacturing and supply systems for pickup trucks and multipurpose vehicles.
In the beginning of year 2007, the company has developed as the most profitable automaker and largest seller of cars. Revenue of Toyota Motors in year 2006 is $11 billion along with increasing sales among other countries i.e United States.
Rolls Royce Motor Cars was first introduced on 4th May, 1904 by Frederick Henry Royce and Charles Stewart Rolls. In December, 1904, the company was incorporated in an International market exhibiting two, three and four cylinder cars. Three years later, in 1907, Rolls Royce emerged with its new baby unit namely Rolls Royce Silver Ghost.
Buying any Rolls Royce is an exceptional and royal experience. Any product of this company is manufactured by combining visionary engineering and advanced technology with the finest materials and hard craftsmanship. All Rolls Royce products are unique blend of refinement, dynamism, opulence and quality.
More than seventy years ago, Rolls Royce Motors introduced its first Aero-engine to India. In the year 1956, the company made a tie-up with Hindustan Aeronautics Limited (HAL) in Bangalore, as an authorized license partnership.
Rolls Royce introduced its first aero-engine to India more than 70 years ago. Its tie up with Hindustan Aeronautics limited (HAL) in Bangalore , as a license production partnership, is from 1956. Rolls-Royce Limited had been nationalized in 1971. Rolls-Royces have often been used in popular culture as a stereotype of wealthy people, particularly millionaires.
Porsche is a German manufacturer of automobiles founded in 1931 by Mr. Ferdinand Porsche who also designed the first Volkswagen. The company has always had a close relationship with Volkswagen Group because of this reason. Mr. Ferdinand Porsche founded the Porsche Engineering Office in Stuttgart. The first sports car with the name “PORSCHE” was produced.
The company currently produce many other variants like Boxster, Cayman sports cars and Cayenne sport utility vehicles. Porsche also manufacture a brand of mountain and hybrid bikes called Carrera. Porsche was awarded as the title of the most prestigious automobile brand by Luxury Institute, New York in May 2006.
From 2003, Porsche has started leaving its footprint in the market of luxury and utility vehicle in India. Shreyans Motors Private Limited was the official agent of Porsche.
Lamborghini car is named by famous Furruccio Lamborghini from Renazza. He became a vehicle-maintenance in-charge in Rhodes during Second World War after completing his technical study.
After few years Ferruccio Lamborghini established one car factory in the year 1963 and 1964 he introduced his first 350 GT Lamborghini on the city street.
Lamborghini has debuted its first super luxury cars, Lamborghini Murcielago , Lamborghini Gallardo and Lamborghini Gallardo Spyder in India on Friday, 14th July 2006. President and CEO of Lamborghini, Stephen Winklemann has ceremonially announced that six cars have already been absorbed in Indian Market while two of them have reached to its owner.
Future plan of this company is to market 50-60 cars per year in this country.
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