Luxury Car Market

Swedish luxury carmaker Volvo Cars could go fully electric in India by around 2025, much ahead of its global target of becoming a full electric car company by 2030, a senior company official said on Tuesday. The company, which will launch the electric version of its SUV C40 in the fourth quarter of 2023, will keep launching one electric vehicle eve...

Tata is considering setting up plants in India and Europe to produce battery cells for electric vehicles (EV), according to the chief financial officer of its auto unit. Tata is evaluating two production bases, the other one is in Europe, so that the battery cell needs of its luxury car unit Jaguar Land Rover - which has a manufacturing facility th...

Luxury car maker Volvo Car India todaysaid it will increase prices of its three models -- XC90, XC60 and XC40 Recharge -- by up to 1.8 per cent with effect from November 25 in order to offset the impact of rising input costs.

German carmaker Mercedes-Benz plans to take pole position in India's luxury electric vehicle market, its country head told Reuters, helping cement its title as the top-selling luxury car brand and keep ahead of rival Tesla.

लग्जरी राइड के सह-संस्थापक और एमडी, सुमित गर्ग ने कारैंडबाइक के साथ बात करते हुए कहा कि बाजार की उथल-पुथल भरी स्थिति के बावजूद, कंपनी ने 1500 से अधिक कारों की बिक्री की और 14,000 से अधिक कारों की सर्विस की.

Speaking with car&bike, Sumit Garg, Co-Founder & Managing Director, Luxury Ride said that despite the disruptive market situation, the company sold over 1500 cars and serviced over 14,000 cars.

The unorganised used car sector is still a large chunk while we see newly organised as well as unorganised players emerging rapidly.

Buyers in the used car market are looking to upgrade to premium and luxury models, especially in the Rs. 25 lakh to Rs. 30 lakh bracket.

Italian automaker Automobili Lamborghini expects the super luxury car segment in India this year to reach the peak levels witnessed in 2018-19 on the back of robust demand, according to a senior company official.

German sports luxury car manufacturer Porsche on Wednesday said it has forayed into pre-owned car segment in India.

Mercedes-Benz is offering almost every model in its range with both petrol and diesel powertrains, including the upcoming C-Class sedan that recently made its India debut.

Mercedes-Benz is betting that an expanding pool of young new millionaires will drive demand for luxury cars in India, creating faster sales growth than for mass market cars

Mercedes' India sales rose more than 40% to 11,242 cars in 2021, coming off a low of 7,893 during the pandemic-hit year of 2020.

The buyback program for the ES 300h promises to offer one of the highest buyback prices in the luxury car market with up to 60 per cent residual value.

HUMMER is a popular brand of SUVs and trucks that was first marketed in the year 1992. The Hummer cars are bulky and big in comparison with other luxury cars. There are only a few Hummer cars that you can spot in India.

Swedish luxury carmaker Volvo Cars could go fully electric in India by around 2025, much ahead of its global target of becoming a full electric car company by 2030, a senior company official said on Tuesday. The company, which will launch the electric version of its SUV C40 in the fourth quarter of 2023, will keep launching one electric vehicle eve...

Tata is considering setting up plants in India and Europe to produce battery cells for electric vehicles (EV), according to the chief financial officer of its auto unit. Tata is evaluating two production bases, the other one is in Europe, so that the battery cell needs of its luxury car unit Jaguar Land Rover - which has a manufacturing facility th...

Luxury car maker Volvo Car India todaysaid it will increase prices of its three models -- XC90, XC60 and XC40 Recharge -- by up to 1.8 per cent with effect from November 25 in order to offset the impact of rising input costs.

German carmaker Mercedes-Benz plans to take pole position in India's luxury electric vehicle market, its country head told Reuters, helping cement its title as the top-selling luxury car brand and keep ahead of rival Tesla.

लग्जरी राइड के सह-संस्थापक और एमडी, सुमित गर्ग ने कारैंडबाइक के साथ बात करते हुए कहा कि बाजार की उथल-पुथल भरी स्थिति के बावजूद, कंपनी ने 1500 से अधिक कारों की बिक्री की और 14,000 से अधिक कारों की सर्विस की.

Speaking with car&bike, Sumit Garg, Co-Founder & Managing Director, Luxury Ride said that despite the disruptive market situation, the company sold over 1500 cars and serviced over 14,000 cars.

The unorganised used car sector is still a large chunk while we see newly organised as well as unorganised players emerging rapidly.

Buyers in the used car market are looking to upgrade to premium and luxury models, especially in the Rs. 25 lakh to Rs. 30 lakh bracket.

Italian automaker Automobili Lamborghini expects the super luxury car segment in India this year to reach the peak levels witnessed in 2018-19 on the back of robust demand, according to a senior company official.

German sports luxury car manufacturer Porsche on Wednesday said it has forayed into pre-owned car segment in India.

Mercedes-Benz is offering almost every model in its range with both petrol and diesel powertrains, including the upcoming C-Class sedan that recently made its India debut.

Mercedes-Benz is betting that an expanding pool of young new millionaires will drive demand for luxury cars in India, creating faster sales growth than for mass market cars

Mercedes' India sales rose more than 40% to 11,242 cars in 2021, coming off a low of 7,893 during the pandemic-hit year of 2020.

The buyback program for the ES 300h promises to offer one of the highest buyback prices in the luxury car market with up to 60 per cent residual value.

HUMMER is a popular brand of SUVs and trucks that was first marketed in the year 1992. The Hummer cars are bulky and big in comparison with other luxury cars. There are only a few Hummer cars that you can spot in India.