Peter Kronschnabi, president of BMW India, told reporters: "We have optimised our cars for Indian conditions after a stringent test ride of 25,000 kilometres. With increased ground clearance, engine protection sheet and an extra air filters, we will carry about 10% localised 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."Read the full article here.
Thursday, August 31, 2006
BMW in India
BMW announced that it will start manufacturing and selling cars in India from next year from its wholly-owned subsidiaty in Chennai. The company is targeting reaching an annual sale of 1000 units.
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