expressindia.indianexpress.com
expressindia web
HomeBlogsCricketAstrology ShoppingTendersClassifieds Reader Comments
Font Size
Expressindia » Story

BMW launches X6 priced at Rs 93.4L

Agencies

Posted: Nov 22, 2012 at 1857 hrs IST
BMW launches new X6 priced up to Rs 93.4 lakh (Agencies)

Faridabad German luxury car maker BMW today launched the new version of its crossover model X6 priced between Rs 78.9 lakh and Rs 93.4 lakh (ex-showroom, Delhi).

The company which is facing stiff competition from rivals Audi and Mercedes, said it will add new dealers and expand model range to keep its leadership position.

"In 2013, we expect some growth on the basis of new dealerships and new model range. We will launch new X1 and 7 Series, besides introducing the 1 Series," BMW India Group President Philipp von Sahr told reporters here.

He said the company will increase its dealers to 50 by 2014 from 29 at present across India, while inaugurating its largest dealer here.

When asked about the competition, he said the company is not going for volumes at the cost of profitability and BMW India would focus on long-term sustainable leadership.

"We'll continue to be sustainable leader in India. Sales are important, but not at any cost. We don't give discounts to push sales for competition. With discounts, someone can gain in short term, but not in the long term," von Sahr added.

It's not important to look at numbers always. The most important is the profitability of dealers and company, he reiterated.

In October, BMW India had fallen behind Audi with sales of 790 units as against the rival's 882 units, while Mercedes had a sales of 732 units. For the April-October period this fiscal, BMW and Audi are tied at the top with 5,174 units each followed by Mercedes at 3,651 units.

When asked about the company's sales expectations for this year, he said the target this year is to sell higher than last year without disclosing details.

Talking about the new X6, von Sahr said: "This new car is not like any other model. It has created a segment for itself. We are confident that the new X6 will definitely attract attention of our customers."

While the eight-cylinder petrol X6 is available for Rs 93.4 lakh, the six-cylinder diesel variant is priced at Rs 78.9 lakh.

The petrol X6 is powered by a 4,395 cc engine, while the diesel option is run by a 2,993 cc engine.

The group's other model Mini has so far sold 241 units, von Sahr said, adding the firm wanted to develop the brand further in India.

The company has already announced plans to launch entry level luxury car 1 Series in India next year-end.

At present, BMW sells its sedans 3 Series, 5 Series, 6 Series and 7 Series along with sports utility vehicles X1, X3, X5, crossover X6 along with M Series, Z4 Roadster and Gran Tourismo in India. These are priced between Rs 24.5 lakh and Rs 1.40 crore.

Print
 
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Trouble mounts for Sreesanth as Mumbai cops gather more evidence

Kings XI Punjab end IPL 2013 campaign with a win

5 differently abled orphan girls beaten, raped in Jaipur residential school

Karnataka CM Siddaramaiah inducts 28 ministers, keeps tainted away

Infiltration bid foiled near LOC, two army men die in ambush

1993 serial blasts case: Sanjay Dutt surrenders before TADA court

No arrest for posts on social sites without permission: Supreme Court

More
© The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map