Indian luxury car segment is ready to witness new SUV entrants in the country. Nearly every luxury car maker including BMW, Audi, Land Rover, Toyota and Volkswagen plans a slew of premium SUVs in India. Today, India is the second world’s fastest growing car market after China. Now auto makers are planning to assemble these premium models in India rather than importing them as completely built unit which makes them twice as costly.
“Local production will help us to launch our compact SUV Yeti with all top-end luxury features at a highly competitive price. We have finalised plans to roll out Yeti from our Aurangabad plant,” Skoda Auto India board member Thomas Kuehl said.
BMW introduced X1 and X6M model at the Delhi Auto Expo 2010. The X6M model is priced at Rs. 1.3 crore while the X1 model is a compact SUV priced at Rs. 25 lakh.
Audi will also bring its compact SUV Q5 in later half of 2010. It will also bring extremely powerful V8 4.2L engine powering the Audi Q7 model that will be sold in limited numbers.
Auti Q7
Audi Q5
Volkswagen has introduced Touareg priced at Rs. 60 lakh and later will bring a smaller SUV VW Tiguan. Toyota Fortuner that was launched last year already has more than 6 months waiting due to an unexpected rush of bookings in the country.
