Carmakers in India sold an average of 128 cars priced more than ₹50 lakh every day last year, up from 95 per day in pre-Covid 2019, taking the total luxury car sales to a new calendar-year high.
In 2023, luxury car sales in India soared to a record high, with daily sales of cars priced over INR 50 lakh rising to 128 from the pre-Covid 95. The shift is attributed to post-Covid lifestyle changes, robust corporate earnings, and increased interest from younger professionals.
In 2023, luxury car sales in India soared to a record high, with daily sales of cars priced over ₹50 lakh rising to 128 from the pre-Covid 95. The shift is attributed to post-Covid lifestyle changes, robust corporate earnings, and increased interest from younger professionals.
Luxury Car: Porsche AG s executive board member for sales and marketing Detlev von Platen and vice-president of region overseas and emerging markets Matthias Becker will be in India later this month, while senior executives from BMW s headquarters are scheduled to fly in during the festive season in October.
Porsche AG s executive board member for sales and marketing Detlev von Platen and vice-president of region overseas and emerging markets Matthias Becker will be in India later this month, while senior executives from BMW s headquarters are scheduled to fly in during the festive season in October.