Luxury carmakers Mercedes-Benz, Audi, and BMW are eyeing robust sales during the festive period this year, with demand for high-end cars continuing to see an upward trend in India.
Mercedes-Benz: 1,308 units, down from 1,451 units in September 2023
BMW: 1,011 units, down from 1,175 units in September 2023
JaguarLand Rover: 447 units, down from 448 units in September 2023
Volvo: 112 units, down from 186 units in September 2023
Audi: 37 units (CBU), down from 77 units in September 2023
the YoY sales — last month, many carmakers reported negative growth apart from Mahindra, who has seen a consistent growth over the last few months. This month, Mahindra, Toyota, Bajaj, Honda and Hero MotoCorp have posted positive sales.
The luxury car market in India currently remains very small, accounting for less than 2 percent of the overall passenger vehicle market in the country.
While in October the festive season is back, and it’s a time when manufacturers capitalize on their products. There has been a surge in sales figures amongst major OEMs, and it is anticipated that this trend will continue in the coming months.
Maharashtra government has introduced major changes to motor vehicle tax, which is likely to affect car owners, electric vehicles, and commercial vehicles.
Mahindra has a structured production ramp-up plan to meet growing demand. The BE 6e is a sporty, performance-driven SUV, while, the XEV 9e is a luxurious SUV with refined elegance. The XEV 9e and BE 6 are based on the same platform.
BYD India has launched updated versions of both the Atto 3 and Seal for the 2025 model year. The upgrades have been introduced on the launch anniversary of the BYD Seal.
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