Luxury car market share in india 2017. This makes the country one of the youngest luxury car market thus a lucrative market for luxury car manufacturers to grow. Expect to nearly treble sales in india in 2019 1 year ahead of plan. The average age of luxury car owners is 35 years in the country compared to 43 45 years globally. Hyundais market share reached around 123 percent.
Luxury car penetration in india currently stands at 11. Luxury car makers in india reported a healthy growth during 2017 calendar year with some even achieving record sales during the year under review. Top 10 car manufacturers in india. Luxury car sales hit top gear in 2017.
With nine months of waiting period for urus for 2019 automobili lamborghini india is also confident of becoming the leader in the super luxury car segment of vehicles priced above rs 2 crore. India luxury vehicles market trends drivers outlook. 59 united states luxury car market share by brands 2017 510 western europe luxury car registrations annual sales 2016 511 car sales in china by german luxury and premium brands 2016. While the luxury car penetration level in the country is low but leading luxury car manufacturers are betting on the markets potential.
India luxury vehicles market outlook 2017 2025 has been prepared based on an in depth market analysis from industry experts. India is poised to become the worlds third largest automotive market by 2019. Mercedes benz is the best selling luxury car maker in india followed by bmw and audi. Mercedes benz continued its hold on the indian luxury car market maintaining top position for a third year in a row in 2017 with record sales of 15330 units beating rivals bmw and audi.
Lamborghini 30 dec 2018 1212pm ist. Know car makers market share in 2017 maruti suzuki leads from front with a massive market share of over 49 percent followed by hyundai motor india. Percentage figures are statista calculations based on the figures provided by the source.