Here is a picture gallery of all of the custom sport bikes, modified rides, exotic cars, luxury autos and tuners at the 2010 RPM Event Series show in Irvine.
The Targa Trophy 2010 Road Rally kicked off from the W Hollywood in Los Angeles with a big car show and well-attended send-off. The pack of supercars, exotics, modified luxury rides and custom sports cars proceeded to San Deigo with several checkpoints along the way.
German luxury car manufacturer Porsche has launched the second-generation Cayenne in India. Porsche has launched five variants, Cayenne, Cayenne S, Cayenne Turbo, Cayenne Diesel and Cayenne S Hybrid, in the Indian market.
The ex-showroom prices of the New Porsche Cayenne for the five models are, Cayenne (Rs 65,82,000), Cayenne S (Rs 78,62,000), Cayenne Turbo (Rs 1,27,10,000), Cayenne Diesel (Rs 59,22,000) and Cayenne S Hybrid (Rs 75,46,000).
As part of expansion of its dealership network, the German luxury car manufacturer Audi is planning to open 3 new dealerships at Lucknow, Coimbatore and Nagpur in the country, shortly.
Sources have said, “Presently, the company has 13 dealerships across the country and is planning to add three more, shortly. These three new dealerships will be opened in Lucknow, Coimbatore and Nagpur, shortly.”
Luxury Sports Utility Vehicles are likely to become cheaper in the Indian market, as global car manufacturers plan to assemble them in India. Car manufacturers like BMW, Audi, Tata-Land Rover, Hyundai, and Volkswagen are planning to assemble their SUVs in India and bring the prices down to sub-Rs 30 lakh price band.
A company official from Toyota has revealed that the company knew about the engine problem in Lexus, which has caused the most recent recall. The Japanese car maker has started a global recall over engine problems in its Lexus luxury models sold around the world. Toyota has recalled 270,000 vehicles to replace valve springs - important engine components that have a problem and cause the vehicle to stop.
BMW has started the production of new 5-Series sedans at its Chennai facility in India. The new BMW 5 Series is priced of the new BMW 5 between Rs 38.9 lakh and Rs 58 lakh (ex-showroom). The German car maker has unveiled the new 5-Series sedans with petrol and diesel options in April this year.
Luxury car-maker, Audi on Wednesday said it has started the assembly of its Q5 medium-sized SUV at its Aurangabad plant and plans to manufacture up to 1,500 units per year. “The production of the Q5 is a part of our long-term growth strategy in India, ” Audi Board Member for Production, Frank Dreves, said, adding the Indian market for automobiles would grow very rapidly.
Mercedes M-Class is a world class machine, which is set with best range of protection features that will safeguard the passengers during the time of an accident and it has now scored a top rating for safety in the Euro NCAP.
Swedish luxury carmaker Volvo is planning to launch a new luxury sedan in India by 2010. The luxury sedan S60 will be launched in India after the company re-launches the car in the European car market, which will happen sometime during the middle of next year.
Volkswagen, largest European car maker, has opened a new showroom in Bangalore and this will be the company's second authorized dealership in the city. Volkswagen Passat and the Volkswagen Jetta will be the two models that will be available in the showroom in Bangalore while Volkswagen Touareg will be open for direct export.
Jaguar Raises Standard for Luxury Cars With Update of Flagship SedanRenowned for its lavish interior and signature styling, the companys flagship sedan, the Jaguar XJ, gets an even more confident look for the 2008 model year with visual changes, technological advances such as HD Radio technology, and additional features across the range.
The editors at NADAguides.com, a leading vehicle pricing and information website, today announced their top 5 luxury cars for 2009 based on a variety of factors, including styling, luxury amenities and overall handling.
Luxury carmakers such as Toyota, BMW, Honda, and Mercedes-Benz will now import vehicles only against confirmed bookings. The customers will have to wait for at least three months before they drive home their imported luxury cars.
Despite the tight financial market and global meltdown, Mercedes-Benz experienced a 48% rise in car sales in Punjab.
The impressive sales volume of the Punjab car market gave a boost to the company’s national sales. The overall sales of Mercedes in India grew by 45.77% over the previous year.
German car maker Porsche, has plans to sell 50 units of its to-be-launched premium luxury sedan Panamera in India in three months after its launch.
The Porsche Panamera carries a heavy price tag of Rs 1.4 crore to Rs 2 crore. The car is expected to launch on the third of October but it has already received bookings for thirteen cars.
Tata Motors has been successful in securing a 175 million pound (600 crore) private sector loan for its ailing luxury brands Jaguar and Land Rover from Burdale Financial Ltd.
There has been a steady increase in the number of Ford cars exported from India. Ford India Pvt Ltd has started exporting large number of cars from Chennai. The company has exported over 158 cars to Durban in South Africa.
Volkswagen has appointed its third authorized dealer in New Delhi and NCR region.
The showroom located at Main Najafgarh Road, Near Moti Nagar is spread over an area of 6000 square feet and will start its operations from July 2009.
Porsche, the German luxury sports car maker has decided to merge with Volkswagen. Volkswagen would acquire a 49.9 per cent stake in Porsche at the moment and will acquire the remaining share in the near future. This will help Porsche pay off most of its debt, which is considerably over € 10 billion.
Rolls Royce has launched the all-new Phantom coupe in India. It is the most expensive sports coupe with a price tag of Rs 4 Crore. The car is the fourth model in the Phantom line-up from Rolls Royce.
General Motors declared that once it steers itself out of bankruptcy, it will acquire its strongest operations, including the Indian business.
The beleaguered car giant, which went bankrupt on June 1, has received the approval for its restructuring plan from the US Court. After closing of the transaction, General Motors (GM) will be known as General Motors Company.
Every luxury car brand has something new to offer to the car buyers. BMW is also in the race with a slew of new car models for future release. This year it is all set to launch the upgraded version of its model 760Li by September. The car which is said to be more powerful and efficient than its predecessor would be powered by an all-new turbo V-12 engine that generates an output of 544 bhp. The powerful engine would be complimented with an eight speed automatic gearbox.
Porsche has rolled out the 250,000th Cayenne from its Leipzig plant situated in Germany. The car has marked a significant milestone in the successful history of Porsche.
For a long time car manufacturers have absorbed significant level of cost escalation. But now, none of them are able to intake them depreciating their own profit margins. Even Mercedes-Benz is not able to face the challenge posed to the company's margins and decided to raise prices of its entire car models available in the Indian market.
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