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Luxury Car Sales In India For FY21: Lamborghini, Mercedes-Benz, Volvo, Audi, And More

Others includes OEMs such as Aston Martin, Lexus, and Maserati
Mercedes-Benz tops the list, selling 7,087 units in FY 2020-2021. However, this is significantly less than the 11,394 units sold in the preceding financial year. Audi has seen a massive drop in sales as well, with just 404 units sold in the last financial year compared to the 4,233 units in the one before that. The numbers for Audi s sales are based on completely built-up (CBU) units. Audi hasn t shared the figures for its locally assembled models.
Lamborghini is the only luxury carmaker to have performed better during this period, doubling its sales from 13 units (in FY 2019-20) to 26 (in FY 2020-21). This doesn’t come as a surprise, considering the Rs 3.1 crore Lambo SUV has already sold over 100 units since its launch in 2018. ....

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BMW group's Mini brand grows and stays strong where others pack up

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Luxury car sales in India to grow 25-30 percent in 2021, says BMW India's President

Luxury car sales in India to grow 25-30 percent in 2021, says BMW India s President
Synopsis
BMW Group India President Vikram Pawah told ET while he expects the industry to grow 25-30% in 2021, his company should outperform the market given that it is in the midst of its biggest ever product offensive with 25 new vehicles scheduled for launch during the year.
NEW DELHI | MUMBAI: Luxury car sales in the local market is expected to grow in strong double-digits, albeit on a low base, in the ongoing calendar year on back of new model launches, increased consumer preference for personal mobility solutions and recovery in the broader economy. ....

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Luxury cars skid, clock lowest sales since 2010

Luxury cars skid, clock lowest sales since 2010
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Luxury cars skid, clock lowest sales since 2010
Pankaj Doval / TNN / Jan 14, 2021, 11:33 IST
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NEW DELHI: The luxury car market in India is shrinking fast, and has even gone below the numbers it had touched nearly a decade ago.
Hit hard by corona woes, economic downturn and high taxes, the sale of highly aspirational cars from companies such as Mercedes-Benz, Audi, BMW and Jaguar Land Rover slipped to an estimated 21,400 units in 2020 a 37% decline over the nearly 34,000 units sold in 2019.
This number is the lowest since 2010 when the industry had sold 15,280 vehicles, according to data sourced from the industry. Interestingly, the share of luxury to overall passenger vehicle (cars, SUVs, MPV/UVs) sales also slipped below the 1% mark for the first time since 2010 when it used to be 0.7%. ....

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