BMW Gran Turismo 5 Series
The limited edition Gran Turismo car, equipped with a 3.01 litre diesel engine will be brought as a completely built-up unit (CBU) from the firm’s plant overseas. This is not it! With 41% market share in the luxury car market in the country, BMW also plans to increase its dealerships to 22 from the current 12. These are besides the company’s plans to venture into the pre-owned cars business – for which it is planning an exclusive store in the Delhi-Gurgaon region. Q&A with Peter Kronschanbl, President BMW India 1. Cars sold last year? : 3,196 units 2. Market share? : 41 per cent 3. Growth projections? : double digit for the coming year 4. Other expansions? : creating a standalone financial services entity, expanding capacity at the Chennai plant from the existing 3,000 units per annum, expanding dealership network to 22 from 12. 5. On bringing the 1 Series to India : We have no plans yet as we don’t see the market for that particular in the country as of now. Its Is a 5 Series with 7 Series features.
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