Business Standard
Sunday, May 27, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Cama Motors to invest Rs 50 crore for expansion
Vinay Umarji / Mumbai/ Ahmedabad Jun 17, 2009, 00:55 IST

After severing exclusive dealership ties with Mercedes-Benz India, Ahmedabad-based Cama Motors Private Limited has now set up a "360 degree" facility, wherein the company providing new and pre-owned luxury and super luxury cars, a high-end refurbish and design studio, and a repair and maintenance centre. In its process to expand its infrastructure and retail operations for its new business divisions, Cama Motors Private Limited will be investing around Rs 50-60 crore over a period of next one year.

"Even as our dealership ties with Mercedes-Benz India ends, the entire business proposition of Cama Motors has now shifted from being company centric to being a product centric. Our decision to go in for a makeover for Cama Motors is based on our thorough study of automobiles market and innate understanding of a car lover's mind. Gujarat is definitely growing as a potential market for luxury and super luxury cars and we plan to sell around 150 cars in the start up phase spanning one year," said Jehangir Cama, chairman and managing director of Cama Motors.

For "hassle free import" of new luxury cars like sports utility vehicles, luxury sedans, coupes and convertibles in Gujarat, Cama Motors has tied up with Magus Cars, said Rustom Cama, executive director of the company. "We have set up a special division of Cama Motors called Cama Signature, which would facilitate hassle free import of luxury cars like Land Cruiser, Hummer, Audi, BMW, Ferrari or Mercedes. The cars will be supplied through our tie-up with Magus Cars.

While Cama Motors has tied up with Lorinser Sports Service Company for offering accessories and add-ons for luxury cars, it has roped in Surat-based Carz Spa, a professional car detailing centre, for automobile beautification and preservation of high-end cars.

Among other car models, Cama Motors will offer supply and servicing facilities for Ford, Bentley, Lamborghini, and Rolls Royce, to name a few.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- IFC plans to invest in Malaysia's Khazanah healthcare arm
- Cong leaders must work together for winning elections: Scindia
- Hotel Leelaventure redeems outstanding bonds worth $41.6 mn
- Ex-Galleon portfolio manager testifies against Rajat Gupta
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- EGoM to now decide on base price for spectrum auction
- Air India pilots wanted a halt to command training of IA pilots
- Rohit Viswanath: The news about soft power
- Traders go long on $-Re , short on Euro-Re
- ICICI Pru Life to use multiple CEOs to drive profitability
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us