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61 Things You Should Know About Largest Selling Luxury Cars In India | Mercedes-Benz India eyes more than 30% sales growth backed by heavy demand for luxury cars

  • Even in underdeveloped areas, auto manufacturers are introducing EVs. Mercedes-Benz introduced the EQC SUV, its first luxury electric vehicle, in India in January 2022. Two asynchronous motors—one on each axle—produce a total of 408 horsepower and 765 Nm of torque and power the vehicle. A floor-mounted 85 kWh lithium-ion battery pack has a 400 km range that is WLTP certified. - Source: Internet
  • The premium compact class is the category of the smallest luxury cars. It became popular in the mid-2000s, when European manufacturers (such as Audi, Volvo, BMW, and Mercedes-Benz) introduced new entry-level models that were smaller and cheaper than their compact executive models.[94] The premium compact cars are usually based on the platform of a compact car (also known as “small family car” or C-segment), while some models may be based on a subcompact car (also known as supermini or B-segment). - Source: Internet
  • The Kerala luxury car market is buoyed by the rise in demand from entrepreneurs. Earlier, expatriate Malayalis had an upper hand. Now, corporate executives and professionals are also buying luxury cars. Presenting luxury cars as wedding gift is also on the rise. - Source: Internet
  • The Mercedes-Benz LWB (Long Wheel Base) E-Class is the most-sold luxury car in India and the brand’s highest-selling model. The company rolled out the EQS 580 4MATIC from its assembly lines last month and will be introducing the EQB luxury EV in the last quarter of 2022. The GLE & GLS luxury SUV had a record Q3, contributing 30% to Q3 volumes. - Source: Internet
  • Many American luxury cars during the 1970s through the 1990s switched to a front-wheel drive layout with transverse engine, due to the Arab Oil Embargo of 1973 and the 1979 fuel crises which eliminated many FR platforms in favor of the more economical front-wheel drive (FF) layout. From the early 2000s, several of these American luxury cars reverted to FR layouts.[24][25][26][27] - Source: Internet
  • The market is projected to experience significant expansion as luxury SUVs become more popular with consumers who previously preferred luxury sedans and premium hatchbacks. International automakers like BMW, Mercedes Benz, Volvo, and Audi create new models each year to suit the demand that is always increasing. For example, - Source: Internet
  • In the mid-1990s, the SUV market expanded with new entrants. By the mid-1990s, the entry-level Ford Explorer and upscale Jeep Grand Cherokee were the market leaders for SUVs.[126] The fastest-growing sector of this market was for the so-called luxury SUVs, which included the Jeep Grand Cherokee … the Grand Cherokee’s allure: “This vehicle is proof you can have a true off-road vehicle without giving up luxuries and amenities” with the Jeep providing a crucial new intangible factor for buyers—image.[127] - Source: Internet
  • Sales in the entry-level luxury segment remained strong throughout the GFC, due to prices being lowered to compete with well-equipped non-luxury cars.[58][59] For example, in Canada, several luxury manufacturers set sales records in August 2009, due mostly to discounted pricing on entry-level luxury vehicles.[60][61] - Source: Internet
  • Among the luxury automobile manufacturers, Volvo experienced the most growth. The new SUV lineup from the corporation is more popular. Volvo Cars introduced the BS-VI compliant XC40 T4 R-Design petrol model in India in December 2019 for INR 39.9 lakh. The XC40 is the only car in its segment, according to the manufacturer, to incorporate radar-based Active Safety features like City Safety with Steering Assist, which kicks in at speeds over 50 km/h and aids in avoiding collisions. - Source: Internet
  • The volvo xc90 boasts a distinctive exterior and plenty of equipment, As well as advanced fuel efficiency and safety technologies and the xc90 is also a great performer on the road.With seven comfy, Adult sized seats as standard plus a big boot, It’s a strong candidate for a family car buyers.I love the unique blend of technology, Efficiency, Style and safety.If you are a looking for buy large ajd luxury suv then go for it. - Source: Internet
  • Mercedes-Benz entered the Indian market as the country’s first luxury automaker in 2004. It had a market hegemony up until 2006 when BMW debuted there. Audi soon after, in 2007, followed suit. - Source: Internet
  • BMW was founded in 1916 and first made airplane engines before switching to making motorcycles in 1923 and then cars in 1928–1929. Operations in India, with a headquarters in Gurugram, Haryana, BMW is the most reliable luxury car brand. In Chennai, BMW India established its production facility in 2007 where it assembles several of its models. BMW’s product line includes a wide range of luxury vehicles, as well as the more powerful M series for sports fans. In 2012, the business also introduced India to its premium brand MINI. - Source: Internet
  • Now that, you are aware of all the luxury cars and brands available worldwide, which one you want to own. Let us know in the comment section below if you already own one of these luxury cars, planning to own one or dream of having one of these one day. You will find a pool of new and used luxury cars to choose from, on Droom. So, to fulfil your dream in the world of automobiles, Droom is the one-stop solution for you. - Source: Internet
  • The SUV models generated higher profit margins than passenger cars, and car manufacturers began introducing new luxury SUVs during the late 1990s.[128] SUVs such as the 1995 Lexus LX, 1997 Mercedes-Benz M-Class, and 1998 Lincoln Navigator were the first SUVs produced by these luxury car brands. Some of these early luxury SUV models used unibody construction, becoming part of the trend moving away from the body-on-frame construction traditionally used by off-road vehicles. - Source: Internet
  • Mercedes-Benz told ET that the average age of buyers of super luxury cars in India is 24-36 years. Over 50 per cent of these buyers also demand customisation. On average, a customer spends Rs 20 lakh on equipment, but it may go up to Rs 1 crore in several cases. - Source: Internet
  • Kochi: The tottering economy of Kerala is no match to a high-income country like Oman. But when you consider the sales of luxury cars, Kerala is shoulder to shoulder with the GCC country. In 2021, when Oman accounted for the sales of 560 units of top selling luxury car brand in the world Mercedes Benz, Kerala is not far behind at 520. - Source: Internet
  • Volvo is a maker of high-end automobiles. For their high-end features, plush interiors, and continuously excellent safety standards, Volvo vehicles and SUVs are highly regarded as famous luxury car brands. Every Volvo car has an external design that exudes luxury car elegance and an unmatched build quality. The performance and characteristics of a Volvo luxury car are of the highest caliber. - Source: Internet
  • When you drive a Volvo sedan or SUV, the luxury you experience is anything but simple. By emphasizing the creation of a driving experience that offers exceptional comfort, cutting-edge technology, cutting-edge safety advancements, and power, Volvo develops a premium experience across all cars. By utilizing premium materials and a human-centric design philosophy, Volvo delivers an upmarket degree of comfort. For example, there is plenty of legroom for every passenger and an adjustable headrest. - Source: Internet
  • In the Gulf too, German brands like Mercedes, BMW and Audi lead the luxury car market. Hence, in total sales, these companies are neck and neck in both Oman and Kerala. BMW had sold 500 cars in Kerala last year. However, super premium brands like Lamborghini, Ferrari, Bentley, Rolls Royce and others have a bigger market share in Oman than Kerala. - Source: Internet
  • In the 2000s, both Ford and General Motors produced luxury pickups: the 2002-2013 Cadillac Escalade EXT, 2002-2003 Lincoln Blackwood, and 2006-2014 Lincoln Mark LT. In the late 2000s, the Cadillac CTS and Cadillac DTS led to a resurgence in the brand’s luxury sedans.[48] The equivalent sedan from the Ford group, the 2008 Lincoln MKS, was also regarded as a significant improvement over previous models.[49] In 2010, BMW was the best-selling luxury vehicle manufacturer by sales, with Audi and Mercedes-Benz the second and third highest selling luxury brands.[50] - Source: Internet
  • A few years later, the Covid-19 pandemic’s effects on the planet have come back with a vengeance. The market for luxury vehicles has reached pre-pandemic sales levels and is expected to continue to expand. The Indian luxury car market, which was valued at USD 1.06 billion in 2021, is anticipated to expand by 7% CAGR to USD 1.54 billion by 2027. - Source: Internet
  • In 1990, American luxury brands dominated with Cadillac selling over a quarter-million cars and Lincoln had its best year ever at 231,660 units.[45] However, the market was changing with an ever greater acceptance of smaller, more efficient imported luxury brands while at the same time the domestic manufacturers were downsizing their models with product decisions that backfired on quality and brand respect.[45] - Source: Internet
  • Since the late 1990s, Japanese and German brands have sold the most luxury-type cars in the United States. However, the Cadillac Escalade has led the luxury SUV segment sales in the United States since its introduction in 1998, with the highest sales for 15 out of its first 20 years on the market.[46][47] - Source: Internet
  • Sales of luxury vehicles recovered after the epidemic and climbed by 40% to roughly 25,000 units in 2021. Mercedes-Benz increased sales 42.5 percent to 11,242 vehicles in 2021, despite starting from a low base, maintaining its dominance of the premium car market for the seventh consecutive year. The company plans to introduce 10 new goods this year in an effort to maintain the current momentum. - Source: Internet
  • If you take the average sales of the past few years, Kerala is likely to be ahead of Oman. In fact, Kerala had seen sales of nearly a thousand Mercedes Benz cars. The sales went down due to the breakout of the coronavirus but are likely to get back to pre-pandemic levels this year itself. In terms of numbers, the India luxury car market is ahead of Middle East countries. But if you consider the price, the Gulf market has the advantage. - Source: Internet
  • International corporate houses have always been drawn to the Indian market. The Maharajas of yore, who were the ultimate buyers of luxury cars and consumer products, serves as a historical display of their long connection with the luxury and lifestyle goods business. Whether it be in the fields of fashion, accessories, beauty, health, or automobiles, numerous companies have enjoyed great success. - Source: Internet
  • The introduction of electric vehicles is the other aspect of the luxury car market that is creating a stir with the new generation. It is a desirable purchase because electric vehicles are supported by cutting-edge technology. The majority of luxury automakers are entering the electric vehicle market and preparing to localize their products to keep their prices appealing to consumers. - Source: Internet
  • Martin Schwenk, Managing Director & CEO, Mercedes-Benz India commented, “Our sales performance is a combination of our attractive product portfolio, bullish customer sentiments and the ongoing festive season. The ‘Made in India EQS’ is receiving an overwhelming response from customers, and we already have 300+ confirmed bookings for the luxury EV. We also have a robust order bank across all models and our focus remains to deliver these cars to our customers, on time. We are confident of maintaining the sales momentum in the coming months with newer products and service offerings in the pipeline.” - Source: Internet
  • Keeping in mind the future, the company will on Friday roll out the locally produced electric luxury car EQS [from its plant in Chakan] which will be priced lower than the imported version. “We believe this car will sell more so we have decided to go for local production. With this we will start the journey for replacing ICE vehicles with electric,” he said. - Source: Internet
  • • Under its luxury brand Maybach, Mercedes-Benz India debuted a new S-Class car in March 2022. The 2022 Mercedes Maybach S-Class has a starting price of INR 2.5 crore in India (ex-showroom). There will be locally produced and fully built models of the new Maybach S-Class available (CBU). - Source: Internet
  • Luxury vehicles can be a status symbol for conspicuous consumption.[17] However, since many European luxury car buyers shy away from conspicuous consumption, brands offer buyers the option of removing exterior badges that identify the model name or engine size.[18] - Source: Internet
  • Mercedes-Benz, BMW, Audi, Jaguar Land Rover, Lexus, and Volvo are just a few of the industry leaders. Mercedes-Benz, BMW, and Audi are the leading premium automakers in India. By 2021, these automakers have recorded total sales of about 22,500 units. Major luxury auto brands are growing their networks all over the nation. For example, - Source: Internet
  • In conclusion, the ALL INDIA STATE-WISE LUXURY CARS ANALYSIS from 2020 to 2022 shows that luxury cars are becoming increasingly popular in India. states such as Maharashtra, Karnataka, and Tamil Nadu are leading the way in terms of luxury car sales. With the continued growth of the Indian economy, it is expected that luxury car sales will continue to rise in the coming years. - Source: Internet
  • A couple of years later, the world post the Covid-19 pandemic has returned with a vengeance. The luxury car segment has reached its pre-pandemic sales levels and is, in fact, set to grow even further. Valued at USD 1.06 billion in 2021, the Indian Luxury Car Market is set to reach USD 1.54 billion by 2027 registering a 7% CAGR growth. - Source: Internet
  • The other segment within the luxury car market that is making waves with the new generation is the launch of electric vehicles. The advanced technology that supports electric vehicles makes it an attractive buy. Most luxury car brands are venturing into the electric car segment and also making plans to localise their units to make their prices attractive to their buyers - Source: Internet
  • Traditionally, most luxury cars were large vehicles, though smaller sports-oriented models were always produced. “Compact” luxury vehicles such as hatchbacks, and off-road capable sport utility vehicles, are relatively modern trends.[1] - Source: Internet
  • It is with this potential that Dhillon hopes the government would further facilitate the ease of owning luxury vehicles. “We strongly feel that this is an opportune moment for the Government to use this positive sentiment as a springboard to bring about reforms like rationalization of Duties/GST/Cess/Road Tax structure on luxury cars, which in turn will help the segment to grow and see its full potential,” he adds. Looking forward, Dhillon expects double-digit sales growth this year—on the back of sustained demand for Audi products, a strong order bank and new launches—including the recently launched Audi Q7 and Audi A8L in India. Audi has also announced that it will bring back its beloved Q3 SUV back to the Indian market. The love for Q3 did not stop even after it was shelved in 2020, as according to Dhillon, the Audi Q3, along with the Audi Q5, continue to dominate the pre-owned Audi car market. - Source: Internet
  • However, the silver lining is that this segment—which fell sharply than the mass-market segment—bounced back better than the latter. “The decline in the volumes of the luxury car segment was higher than the mass-market segment as such on account of the disruptions caused by the Covid-19 pandemic. As such, the bounceback in the segment’s volumes has been healthier as well, leading to higher sales growth than the mass-market segment.” - Source: Internet
  • Several East Asian manufacturers have created sub-brands for the marketing of luxury cars. The first of these was the 1986 launch of Acura (a Honda sub-brand), followed by Lexus (Toyota) in 1989, Infiniti (Nissan) in 1989, and Genesis (Hyundai) in 2015.[54] - Source: Internet
  • Research data from the mid-2000s suggested that luxury SUV buyers did not consider traditional luxury cars (e.g. sedans and coupes), therefore the SUV is becoming the key to bringing new customers into luxury dealerships.[135] - Source: Internet
  • Finding the precise brand and model that is perfect for you while buying a new car can be challenging. In your search, you could come across the word “luxury” rather frequently, but what does that word actually mean for a car? Contrary to common assumption, premium cars may be made by any manufacturer. An automobile must have high-end amenities that go above and beyond the norm in order to be classified as a luxury car. - Source: Internet
  • Some year before when the first luxury car spotted in India then no predicted think India will be a great market for luxury cars segment. If we go back and observe in last 5 years, international luxury car-makers are entered into Indian market very rapidly as they found India have a big market-space for them and now they launched their premier segments with their dynamic & comfort. Now, this market in India is increasing day by day as India is called a “Young Country” and many youngsters want to have a luxury car in their collection. - Source: Internet
  • Despite the increased popularity of crossover models, traditional luxury SUVs remain in production. Examples include the Lexus LX, Infiniti QX80, and Lincoln Navigator.[134] - Source: Internet
  • Mercedes EQS, a luxury electric car, was sold out just a day after its launch in India. Similarly, Lamborghini Urus was sold out in 2022. These companies are now taking orders for delivery only in 2023. - Source: Internet
  • The personal luxury car emerged into mass popularity and affordability as an America-specific category of popularly-priced cars made from the 1950s by the four domestic manufacturers (GM, Ford, Chrysler, and AMC) that reached peak popularity in the 1970s. The cars were stylized, mass-produced two-door coupés or convertibles, relying on standard components.[43] These distinctively styled cars were targeting the needs of individual customers, not an entire family.[44] The longest running model lines were the 1958-1997 Ford Thunderbird, 1956-1998 Lincoln Mark Series, and the 1967-2002 Cadillac Eldorado. - Source: Internet
  • A compact executive car or a compact luxury car is a premium car larger than a premium compact and smaller than an executive car. In European classification, compact executive cars are part of the D-segment. In North American terms, close equivalents are “compact premium car”, “compact luxury car”,[97] “entry-level luxury car” and “near-luxury car”.[98] Compact executive cars are usually based on the platform of a mid-size car (also known as large family car or D-segment), while some models may be based on a compact car (also known as small family car or C-segment). - Source: Internet
  • The improvement in luxury car volumes in CY2021 notwithstanding, the segment sales still remain well below the all-time high, which was recorded in CY2018 the improvement in luxury car volumes in CY2021, the segment sales still remain well below the all-time high, which was recorded in CY2018—when 39,640 vehicles were sold. “The sales of luxury cars are expected to reach all-time levels over the next two years, aided by the recovery in demand for the segment. Notwithstanding the strong demand, the supply chain shortage will continue to act as a hindrance to the recovery prospects of the industry,” Gupta adds. - Source: Internet
  • However, luxury vehicle sales did not collapse as much as their non-luxury counterparts.[56][57] This was aided by growing interest in luxury vehicles from emerging markets such as China and Russia.[54] - Source: Internet
  • The Indian government revised its luxury car-specific GST structure in 2017. The luxury automobile market recovered and the sales number was back on track in spite of this and the moderate growth in overall sale volume. For all of the luxury automobile manufacturers in the Indian market, 2017 ended up being the best year. - Source: Internet
  • When it comes to luxury cars, Mercedes Benz has emerged as the clear favourite luxury car brand in 2021, in comparison to Audi and BMW. The German auto maker’s Indian arm sold 11,242 units, registering a strong 42.5 per cent year-on-year growth. - Source: Internet
  • At least two Indians have been spending over Rs 2-2.5 crore daily on supercars in 2022. With this, the luxury car segment in India is transforming. - Source: Internet
  • Many of these luxury saloons are the flagship for the marque and include the newest automotive technology.[107] Several models are available in long-wheelbase versions, which provide additional rear legroom and may have a higher level of standard features.[108] - Source: Internet
  • Luxury cars have traditionally emphasized higher levels of comfort and safety,[14] with manufacturers often introducing new safety technologies and comfort amenities on luxury models before they are available on more affordable models.[15] Some brands, like Audi and BMW have expanded their marketing by “introducing lesser priced and strip-down economy versions of their products."[16] - Source: Internet
  • Buying used luxury cars in India was never this easy. You can now own your dream luxury car in just 4 simple steps at Big Boy Toyz, India’s No.1 trusted used car portal. - Source: Internet
  • The luxury car market in India is expected to grow at a CAGR of 9.5% during the period 2020-2022, according to a report by Ken Research. The report states that the market will be driven by factors such as the growing number of high-net-worth individuals (HNIs) in the country, an increase in the number of women buyers, and a growing preference for luxury cars among the young generation. - Source: Internet
  • The 2022 Grand Cherokee is the latest offering from Jeep and will be the company’s flagship for the Indian market. It will also be the company’s fourth product to be made in India after the Jeep Compass, Meridian, and Wrangler, making India the only country producing four nameplates outside North America. Moreover, Jeep says the Grand Cherokee has been developed and engineered to deliver legendary capabilities, class-leading spaciousness, and excellent safety, making this one a global icon in the luxury SUV segment. Let us take a closer look at the SUV which is now the fifth-generation model…. - Source: Internet
  • These positive signs also indicate the turnaround, and the consequent recovery trajectory, the luxury car market in India. The sales of the luxury car market in India were derailed by the onset of the pandemic and the nationwide lockdown—with dwindled footfall in showrooms, halted production and supply-chain disruption to curtail the spread of the virus. According to ICRA, the market contracted by almost 50% over CY2019-CY2020 — from annual volumes of about 39,640 in CY2018 to about 19,439 in CY2020. - Source: Internet
  • Traditionally, luxury cars have used a front-engine, rear-wheel drive (FR) layout. The FR layout is more expensive to produce and produces lower fuel economy than a front-wheel drive layout, however, it allows for larger engines (particularly straight-six, V8, and V12) to be used.[18][21][22][23] - Source: Internet
  • The Indian market has always been an attractive lure for international business houses. Its deep history with the luxury and lifestyle goods industry is showcased in history through the Maharajas of yesteryears who were the ultimate consumers of luxury consumer goods. Be it fashion, accessories, beauty, health or automotive, various brands have found tremendous success within their folds. - Source: Internet
  • We’ve got a business philosophy that’s clear-cut and straight forward; we tend to deliver the very best quality luxury cars at the foremost competitive costs, all in an impeccable, truthful, relaxed and pressure-free atmosphere. We’ve got a courteous and friendly team of sales professionals that is dedicated to provide you the best in class service quality. We believe no substitutes and no compromises, and within the event that we don’t have the exact car you’re trying to find, we tend to leave no stone unturned to find it. .. Know more …. - Source: Internet
  • 2017 saw the Indian government revising its GST structure that was applicable to luxury cars. Despite this and the fact that the overall sale volume growth was slow, the luxury car industry bounced back and the sales number was back on track. 2017 became the best year for all the players of luxury cars in the Indian market. - Source: Internet
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