BMW X1 to be launched in India soon
The long awaited BMW X1 model is now all set to enter in Indian market as the French car maker BMW is planning to launch it in India very soon. Besides BMW X1 the company is also planning to launch some new 5-Series models in the the country. Talking about the launch time of the upcoming car models, Peter Kronschnabl, BMW India’s president, told reporters at a press conference in Munich on Wednesday, that the completely knocked down (CKD) units of new 5-Series model will be available for Indian customers by July 2010 and the model will hit the Indian roads by the end of this year. The new 5-Series models were introduced in the end of year 2009 in European market.
Meenal
Published On Mar 18, 2010 10:52 IST
Published OnMar 18, 2010 10:52 IST
Last Updated OnMar 18, 2010 10:52 IST
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The long awaited BMW X1 model is now all set to enter in Indian market as the French car maker BMW is planning to launch it in India very soon. Besides BMW X1 the company is also planning to launch some new 5-Series models in the the country. Talking about the launch time of the upcoming car models, Peter Kronschnabl,BMW India’s president, told reporters at a press conference in Munich on Wednesday, that the completely knocked down (CKD) units of new 5-Series model will be available for Indian customers by July 2010 and the model will hit the Indian roads by the end of this year. The new 5-Series models were introduced in the end of year 2009 in European market.
BMW managed to sell 3,697 units of its vehicles in India in year 2009, accounted for an increase of 38 percent as against the same period of last year. On the other hand the company sold 1.28 million vehicles,
globally, in year 2009, registered increase of 10.4% as compared to the same period of previous year. Market share of the
company was increased to 41% in 2009, as against only 9% three years back.
Mr Kronschnabl added that, “Though we haven’t yet started bookings, we have got a phenomenal response from the customer survey in India for both the models. Besides this BMW is also planning to enter in the used car segment by April 2010. The company is expecting that the used car business will contribute by more than 30% to its business in India.
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<p style="text-align: left;"><span style="font-family: Arial, Helvetica, Verdana, sans-serif; color: #3f3f3f;"><span>Meenal has been a writer since the time she knew what it is to write. Being a team lead at CarDekho, she guides her team to bring in fresh ideas and true stories to develop a brain storming news for the car enthusiasts across the world. Meenal started writing during her school and is continuing still. Being a post graduate in English Literature with Linguistics, Phonetics, and Grammar as her favorites, she topped throughout. And perhaps that's what helped her starting her career directly as an Editor with international clients from the very beginning. She also has been trained in and has got experience in pre-editing and master-editing journals and books. With almost 5 years of experience in journalism behind her, she still believes that she gets to learn new things about writing news every new day. She plans to start on another degree in psychology. Future plans for her include nothing more than a dynamic GROWTH for herself and SMILES on the readers' faces.</span></span></p>Read more
