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Luxury car sales in India surge to record high, up 20% YoY, Auto News, ET Auto

Luxury car sales in India reached a record high of 42,731 units in 2023, up 20% YoY. The increase is attributed to a lifestyle change after Covid-19, with younger professionals opting for high-end cars. The trend is expected to continue due to rising disposable income levels. The growth potential of this segment is significant, given the low penetration of the segment. ....

Luxury Car Sales In India , Mercedes Benz India , Luxury Car Sales , Rising Disposable Income , High End Cars , Mercedes Sales In 2023 , Bmw India Sales , Uxury Car Sales In 2023 ,

Mercedes Benz India: Luxury car sales in India surge to record high, up 20% YoY

Luxury car sales in India reached a record high of 42,731 units in 2023, up 20% YoY. The increase is attributed to a lifestyle change after Covid-19, with younger professionals opting for high-end cars. The trend is expected to continue due to rising disposable income levels. The growth potential of this segment is significant, given the low penetration of the segment. ....

Vikram Pawah , Ravi Bhatia , Santosh Iyer , Group India , Mercedes Benz India , Luxury Car Sales , Covid 19 , Rising Disposable Income , High End Cars , Mercedes Sales In 2023 , Bmw India Sales ,