Companies

BMW starts production of new 5-Series in India

File photo of workers assembling a car at BMW factory in Chennai. Photo: K.V.Srinivasan  

German luxury car maker BMW on Tuesday started rolling out new 5-Series sedans from its Chennai facility in India at a price between Rs 38.9 lakh and Rs 58 lakh (ex-showroom).

The company had unveiled the new 5-Series sedans with petrol and diesel options in April.

“The BMW 5 Series is the core product in our model range and has significantly contributed to the image and success of BMW in India. We are confident that the new BMW 5 Series produced in Chennai will further increase our momentum in the Indian luxury car segment,” BMW Plant Managing Director Juergen Eder said in a statement.

The company will start the deliveries of the cars by end of this month, the statement added.

While the 523i, 530d and 525d will be produced as completely-knocked-down units at the Chennai facility, the 535i will be imported as a completely-built-unit.

The company has sold over 3,700 units of the 5-Series sedans in India since 2007. The luxury model accounts for over 50 per cent BMW’s total sales globally.

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Printable version | Apr 13, 2021 2:01:41 AM | https://www.thehindu.com/business/companies/BMW-starts-production-of-new-5-Series-in-India/article16195362.ece

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