While mass market manufacturers had tepid growth, luxury carmakers grew their sales in a bigger way indicating that more and more are entering luxury car ownership in India. Easier finance schemes and growing affluence have clearly made Indian buyers more open to splurging on a luxury car. The current market leader continues to be Mercedes-Benz which sold 18,928 cars during FY2025 and registered 4 percent growth while also its highest sales ever. The E-Class in LWB form is their best seller indicating that sedans are still popular in the luxury segment. Interestingly, Mercedes-Benz claims that demand for its Rs 1.5 cr plus cars have gone up indicating more high-end luxury car ownership.
BMW continues to be a strong seller too with 3914 cars being sold including the Mini brand in the last quarter. Here also their new 5 Series LWB is in demand along with the 3 Series plus the new iX1 LWB.
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