BMW to launch 15 new models in India

Posted By: Religare
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German luxury car maker, BMW has said that it has increased the number of cars it makes in India to around 50 per cent and it plans to introduce 15 new models this year, PTI reported.

As per PTI report, the company is producing 50 per cent of the 2,800 parts used in BMW 5 Series locally.

"In 2015 we will expand our product range and cover all the opportunity available in the luxury car segment. This year we will launch 15 new products along with i8 launched in January. We will also launch 1 Series, 3 Series, (new models)," PTI quoted BMW Group India's President, Philipp von Sahr as saying this.

"Till date, BMW Group has increased investments to Rs 4.9 billion (Rs 490 crore) in BMW India from Rs 3.9 billion," he added.

BMW has a manufacturing plant in Chennai, a parts warehouse in Chennai, a training Centre in Gurgaon and the company has 40 sales outlet in India.

Story first published: Thursday, May 7, 2015, 23:00 [IST]
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