Luxury car sales growth outpaces broader industry

As per industry estimates, about 37,000-38,000 luxury vehicles were sold in India in 2022, an increase of around 50% from the year before but missing the all-time high of around 40,000 units in 2018. Sales in the mainstream segment grew 23% to 3.79 million units last year, with vehicles priced upwards of ₹10 lakh accounting for 41% of the volume.

from Auto-Industry-Economic Times https://ift.tt/LEvoIB4