BMW to make cars in India starting next year
September 1st, 2006 Leave a comment Visited 39 times, 1 so far today
BMW to make cars in India starting next year
German maker of luxury cars BMW has said that they would begin production of their cars in the Indian market starting next year.
The company plans to roll out its first car a 3-series saloon, both the petrol and diesel versions, from its fully owned subsidiary at Chennai, early next year.
BMW is aiming at sales of around 1000 cars a year. Their plant has a capacity of manufacturing 1700 units a year and is employing 200 workers.
They have also established their corporate office in the city of Gurgaon. Peter Kronschnabi, president of BMW India spoke on these goals for India: “We have optimized our cars for Indian conditions after a stringent test ride of 25,000 kilometers. With increased ground clearance, engine protection sheet and an extra air filters, we will carry about 10% localized content in form of car seats and door panels. BMW 3 Series will be followed by 5 series saloon in a gap of few months, with which we expect to achieve our target of 1000 units in the first year.”
|
TechWhack on Facebook
|

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.