MUMBAI – German auto makers are waging the same pitched battle for the luxury market in India as they do in the U.S. and Europe. Mercedes-Benz India Ltd. and BMW India Ltd. are the main rivals, with Audi AG a latecomer still bringing up the rear. Yet, they all share one goal: attracting young professionals with disposable incomes to their brand. And the pie is not that big. BMW and Mercedes ended the fiscal-year here on March 31 with 3,941 and 3,760 sales, respectively. Audi remains ...

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