Luxury car market growth in india. In 1897 the first car ran on an indian road. In 2017 this market was sized at around 489 billion euros. This statistic portrays the size of the global market for luxury cars from 2010 to 2017. However audi is the junior member of the club.
Essentially these are vehicles that can run more than 200 miles on a battery alone. But over the past 15 years the carmaker has stormed back to prominence in the us market after a scandal derailed the brands growth during late 1980s. India is a unique market on account of its diversity in age income and urban rural demographics. An embryonic automotive industry emerged in india in the 1940s.
Discover the latest market trends and uncover sources of future market growth for the luxury goods industry in india with research from euromonitors team of in country analysts. Drive car club is a best and largest car rental company in india offers luxury car rental services car on rent car and cab hire services for chauffeur and self drive. Market research on the luxury goods industry. Tesla operates in the long range ev segment of the market comprised by electric vehicles.
Files are delivered directly into your account within a few minutes of purchase. South america is estimated to see around 49 percent growth in car sales between 2017. Our reports feature a wealth of standardised and cross comparable statistics including total market sizes market share and share data distribution and industry trends. Global luxury car market report 2017 research and markets.
Nearly 58 million households. Contact to cheap holiday car rental services cab rental services anywhere in india. Through the 1930s cars were imports only and in small numbers.