Major Developments Major Developments by Calendar Year

March 10, 2011

Luxury Cars’ Sales Growing in India

Filed under: Automobile — Winson @ 8:36 AM

There is a growth in the luxury cars sales in fast mode. Earlier there was Mercedes-Benz, the only luxury car brand in India. And later Mercedes-Benz, Audi, Land Rover, BMW and Jaguar entered the Indian market.

According to analysts’ report, the rising of the sales of luxurious cars can be caused by increasing the per capita income of people in India. According to Deccan Chronicle’s articles there were 1,629 units of the sales in the past year and in this year sales were 2,921 units from January to July and 2,718 units were sold by BMW in the seven-month period in this year and in the same period in the past year sales were 2,008 units. 1,535 units were sold by Audi, German firm, from January to July and in the last year sales were 981 units. The luxury car segment is driven by the development of population of upper and upper middle class with disposable incomes.

There are many new models, that will available in Indian market at the end of the year. So Indian customers have greater choice to choose from.

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