Monday, March 22, 2010
BMW is planning to launch BMW 5-series and BMW X1 in India by the second half of 2010. As per the news from sources that BMW 5-series will launch from July this year & X1 launch in December.
Both BMW 5-series and BMW X1 are launched in European market in 2009. New BMW 5-series and BMW X1 will be assembled at the BMW's Chennai plant for which the company will increase its production capacity as well. Indian luxury car buyers will get better options after the launch of this 2 new BMW cars. "The new 5 series in completely knocked down (CKD) version will be available for Indian customers by July 2010." said BMW India's President Peter Kronschnabl at a press conference in Munich.
Kronschnabl confirmed that the new BMW X1 model will available for the Indian customers from December 2010. Both the models will be imported and will be assembled at its Chennai plant. "Though we haven’t yet started bookings, we have got a phenomenal response from the customer survey in India for both the models." he added further.
BMW expects a good growth from Indian automobile market.
BMW 5-series Price in India: Around Rs 45-55 lakhs
BMW X1 Price in India: Around Rs 25 lakhs
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