Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

BMW’s Indian plant rolls out 50,000th car

by | May 25, 2021

bmwindiaChennai (IANS) German car maker BMW’s plant near here has rolled out its 50,000th car, the company’s Indian subsidiary said.

“It is with great pride that we are rolling out the 50,000th car locally produced at BMW Plant, Chennai,” Jochen Stallkamp, managing director, BMW Plant Chennai was quoted as saying in a statement.

BMW Plant Chennai started operations on March 29, 2007.

Upto eight car models are locally produced on two assembly lines at BMW Plant Chennai. Presently, the BMW 1 Series, the BMW 3 Series, the BMW 3 Series Gran Turismo, the BMW 5 Series, the BMW 7 Series, the BMW X1, the BMW X3 and the BMW X5 are locally produced at BMW plant near here, the statement added.

The BMW 7 series was the 50,000th car that was locally produced in India.

The model was launched at the Auto Expo 2016.

Till date, BMW Group has invested over Rs.4.9 billion (69 million) in BMW India.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

Sensex trades lower amid mixed global cues

Sensex trades lower amid mixed global cues

Mumbai: Indian equity indices opened lower on Friday following mixed cues from global markets. At 9.48 a.m., Sensex was down 430 points or 0.52 per cent at 81,771 and Nifty was down 118 points or 0.48 per cent at 25,023. The broader market trend remains positive. On...

Rapido raises USD 200 mn to expand operations, scale tech platform

Rapido raises USD 200 mn to expand operations, scale tech platform

New Delhi: Homegrown ride-sharing platform Rapido on Thursday said it has raised $200 million in its Series E funding, taking its valuation to over $1.1 billion. The funding round was led by WestBridge Capital, and also saw participation from existing investor Nexus,...

Rupee falls 3 paise to settle at 84.01 against US dollar

Rupee falls 3 paise to settle at 84.01 against US dollar

Mumbai: The rupee breached the crucial 84-mark second time within a month and settled 3 paise lower at 84.01 on Wednesday amid a sharp decline in the domestic equity markets as investors stayed away from riskier assets. However, a weak dollar against major...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *