Dealers of exotic car brands such as Lamborghini, Ferrari, Bentley, and Rolls Royce still managed to strike deals with buyers during the last two months. At least one unit from each of these brands, costing more than Rs 3 crore, was sold every week in July and August, according to FADA data. … [Read more...] about Luxury car sales are in free fall… But exotic ones are still in demand
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The Honda Amaze when it was refreshed in 2018 came with a roomy cabin and a plush ride. It does miss out on some features when compared to its competition, but it is also the only sedan in the segment to feature CVT automatic transmission. Benefits on the Amaze include Rs 15,000 in exchange and Rs 12,000 worth of extended warranties. … [Read more...] about Honda offers discounts of up to Rs 2.50 lakh on select cars
Singh decided to begin working to commercialize new battery technology with the potential, he thought, to solve the challenges with standard EV batteries. His startup, called QuantumScape, now backed by Volkswagen and Bill Gates, among other investors, is preparing to go public at a valuation of $3.3 billion. By 2024, through a joint venture with VW, it will begin producing battery cells that VW will use in its EVs, followed by other car companies. … [Read more...] about This Gates-backed startup is building a better battery for electric cars
XL6To raise the premium and luxury of the Ertiga, the company launched the XL6 under the Nexa umbrella. Changes aren’t only limited to cosmetics, but the XL6 rides on a 1.5-litre petrol engine that produces 105 PS. The car also gets the company’s mild hybrid tech. The XL6 can fetch an exchange bonus of Rs 20,000 and a corporate discount of Rs 5,000 in addition to the Shradh scheme. … [Read more...] about Maruti Suzuki offers benefits up to Rs 45,000 on all Nexa cars
While corporates form a majority of their customer base, besides participants of big conferences and events, Ahluwalia says often individuals rent out cars to ferry their relatives visiting from abroad, or people they are doing business with. “We get about five to seven individual requests a day. Sometimes, a family may want to travel on a mini-vacation and book our cars for the vacation. Back in the 70s and 80s, stars like Sunil Dutt and Amitabh Bachchan rented Mercedes. Now, we get requests for a Rolls Royce. We ensure that they hire the car and the driver since the self-driving infrastructure is not great in India and our drivers are well trained,” he adds. … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!