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Global Luxury Car Market | Top Companies, Marketing Strategy, Future Trend and Regional Analysis Report

Global Luxury Car Market | Top Companies, Marketing Strategy, Future Trend and Regional Analysis Report
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Colorado car and truck sales up in first quarter of 2021

Colorado automobile sales were up 3.2% in the first quarter from the same period last year and are expected to keep climbing through 2021, according to the Colorado Automobile Dealers Association. “The increase would have been higher were it not for the typical lag in measuring registrations,” according to the report called Colorado Auto Outlook, noting registrations can lag 60 days or more behind the sale. As a result, the first quarter numbers reflect sales made in November through January. El Paso County lagged the rest of the state with a 1.8% increase in new vehicle registrations during the quarter, compared with a year earlier. Routt, Grand and Pitkin counties reported the biggest registration jumps, all more than 40%, while Weld, Pueblo and Mesa counties reported double-digit percentage declines. Registrations in the Denver area were up 5% during the quarter.

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Jaguar Land Rover plans to undertake ten product actions in Indian market

Source: Highlights Overall, the company believes that there is huge headroom for growth in the luxury car segment in India, he said. He added that the company aims to grow faster than the luxury car market in the domestic market in the current fiscal. In February this year, JLR announced plans to become a net-zero carbon business by 2039 for which its Jaguar brand will become an all-electric luxury vehicle marque from 2025. Jaguar Land Rover India plans to initiate ten product-related actions in the current fiscal, including new generation model launches and the introduction of updated versions, in order to consolidate its position in the domestic luxury vehicle segment, according to a top company executive.

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A35 AMG limousine: Mercedes-Benz s compact sedan will please thrill seekers

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Wheel of change: Luxury carmakers eye 25-40% sales growth in 2021

Makers of super expensive cars have lined up about 70 launches including all-new models, facelifts and variants this year, almost double the launch number of Covid-hit 2020.

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