Wednesday, April 8, 2026

Luxury car sales growth slows to 3% amid global jitters

Luxury car sales in India saw a modest 3% rise in the March quarter, with around 14,000 vehicles over Rs 40 lakhs sold. This growth lagged behind the mainstream market, as affluent buyers conserved cash due to geopolitical worries and economic uncertainties. BMW, however, reported a strong 17% increase in its sales.

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

No comments:

Post a Comment

Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...