Luxury Carmaker Sales for September 2024

Akash Patil

14 Oct 2024, 06:49 PM

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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
Jaguar Land 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.

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