Categories: News

Audi and Mercedes Sales Update: Huge jump in sales for luxury car companies this festive season – Bollywood Keeda

The demand for luxury cars in the country has increased in the last few years. Audi and Mercedes, makers of premium cars, have made record sales in the festive season this year. Demand for these companies was weak this year. However, luxury car companies are hoping to make up for some of this in the festive season.


Santosh Iyer, Managing Director (MD) and Chief Executive Officer (CEO), Mercedes-Benz India, said the festive season from Onam to Diwali this year was better than last year due to several new product launches, attractive portfolio and strong customer sentiment. Is.

Audi Sales Report

Audi India chief Balbir Singh Dhillon said the company has seen a growth of 88 per cent in January-September 2023 with retail sales at 5,530 units. Which is much better in comparison to last year. Dhillon said that this year the luxury car industry in India has crossed the volume of 2018, where in 2018, 46 thousand vehicles were sold, while this year this number will increase to 47,000 units.

BMW Group India President Vikram Pava said that the company has launched some powerful products during the festive period, which include both cars and motorcycles. He said, ‘We will continue this momentum further.’

Sharad Aggarwal, Head of Lamborghini India, said that India is one of the fastest growing markets globally and has the third highest number of millionaires. He said that the value of the Indian luxury car market was $ 1.06 billion in the year 2021 and it is expected to reach $ 1.54 billion by 2027. Aggarwal said, ‘This growth is driven by the evolution of customer interests and preferences. The vehicle segment is witnessing substantial expansion with the increasing demand for luxury cars with advanced technology and safety features.


Published by

Recent Posts

Dinesh Phadnis Passed Away: CID fame Fredericks dies at the age of 57, wave of mourning in the industry – Bollywood Keeda

Dinesh Phadnis Passed Away: The popular character in Sony TV's most popular crime show 'CID'…

21 mins ago

Speed ​​of trains slowed down due to fog, many trains arrived late – Bollywood Keeda

New Delhi, With the rain on December 1, fog has started appearing in the morning…

23 mins ago

Pakistani bride Javeria coming to India to get married, got visa – Bollywood Keeda

Gurdaspur. After a lot of hard work, a Pakistani bride finally got a visa to…

35 mins ago

CG CRIME NEWS: A young man attacked a student going home from college with a baton, the girl is serious – Bollywood Keeda

Virendra Gahwai, Bilaspur. A case of deadly attack on a college student has come to…

2 hours ago

AI technology will detect illegal parking and garbage spreaders in Delhi – Bollywood Keeda

New Delhi. Artificial Intelligence (AI) will now identify many problems in Delhi including illegal parking,…

2 hours ago

786 cameras will be installed in primary schools of Delhi MCD – Bollywood Keeda

New Delhi , The security arrangements of students in municipal primary schools are being improved.…

2 hours ago