Luxury carmakers Mercedes-Benz, Audi and BMW are eyeing robust sales during the festive period this year with demand for high-end cars continuing to see an upward trend in India. In an interaction with PTI, Mercedes-Benz India MD and CEO Santosh Iyer said the luxury car segment is set for its best-ever performance this year with … Read more
German carmaker Mercedes-Benz wants India’s next government to forge more free trade agreements (FTAs) and reduce trade barriers to help boost luxury car sales in one of the world’s biggest auto markets, its country head said. Prime Minister Narendra Modi, who has built a business friendly image over the last decade, is eyeing a rare … Read more
NEW DELHI: Luxury car sales in India could cross the milestone of 50,000 units for the first time in a year in 2024 amid growing demand for such models, according to Audi India head Balbir Singh Dhillon. The overall domestic luxury car segment grew by 28 per cent annually last year to record sales volume … Read more
Luxury car sales in India scaled a record high of 42,731 units in 2023, up 20% year-on-year. Carmakers attributed the pickup in sales to a lifestyle change after Covid-19, making many younger professionals opt for high-end cars, and said the trend is expected to continue, citing rising disposable income levels. The growth potential of this … Read more
