Friday, 2 December 2011


Gurgaon: German luxury car maker BMW has launched its pre-owned car business in India that can make customers own a product of the brand for as low as Rs 16 lakh...
The company said it is looking at the business, BMW Premium Selection, to account for up to 10 per cent of its total new car sales. 

"Till October this year we have sold a total of 8,042 cars in India, accounting for 40 per cent of the luxury car market. With the BMW Premium Selection, we are looking to enhance position," BMW India President Andreas Schaaf told reporters here. 

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