Friday, March 18, 2011

Bugatti Veyron start in India, $ 3,600,000 Price

NEW DELHI (Reuters) - Volkswagen AG, the Bugatti Veyron 16.4 Grand Sport Super Sport cars in India, by a tax on imports by 110 percent, with an increase in sales to about 160 million rupees (3 introduced undeterred, $ 6,000,000 ).

The company offers super car (mph 253) at speeds of up to 407kph six to eight months to get orders, Guy Caquelin, marketing director for Bugatti in the Middle East, Europe and India, said to journalists in New Delhi. He gave no sales forecasts.

Bugatti following Rolls-Royce and Tata Motors Ltd. Jaguar and Land Rover sales in India and in the early promotion of growth in the number of millionaires in the third Asian economy.

The Indian market for luxury products, including watches, clothing and cars could triple to $ 14700000000 in 2015, said AT Kearney GmbH and the Confederation of Indian Industry in a report this month.

"People have more purchasing power and are increasingly aware of the possession of beautiful things," says Satya Bagla, Director of Exclusive Motors Pvt., The Merchant of Bugatti, Lamborghini and Bentley. "They are more willing to show their wealth."

Ferrari SpA, maker of the $ 228,000 supercar, California plans to sales growth in India starting next year, Chairman Luca Cordero di Montezemolo said on 30 September.

The 16.4 Veyron Grand Sport convertible features of the body parts carbon fiber, leather chairs and a quilted integrated backup camera in the rearview mirror.

Rich and poor

The combined net worth of India's 100 richest people reached a record level of 300 billion U.S. dollars this year, representing a quarter of gross domestic product of India, said selo Global Wealth Report released on 8th October.

Tata resale of the Nano, the cheapest car in the world, this Annn Forbes.

India is full twice in his life, nearly up to $ 6400000000000 in the next five years, economic growth swelled their ranks, Credit Suisse Group senior, after the orders after getting first open request. The cost of the vehicle 131 331 rupees.

The World Bank estimates 76 percent of India's population lives on less than $ 2 per day.


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