Luxury car sales may scale a record high this year, Marketing & Advertising News, ET BrandEquity

  • Home
  • Luxury Cars
  • Luxury car sales may scale a record high this year, Marketing & Advertising News, ET BrandEquity


Exemption from road tax in several states coupled with a low GST rate is helping e-luxury cars gain traction despite its steep prices.

After a robust year of sales in 2022, luxury car sales in India are expected to reach a record high of 42,000-45,000 units in 2023, riding on a strong order book, pent-up demand, and new model launches, industry estimates show.

The segment, which accounts for less than 1% of the broader…

Continue reading this news update.

Comments are closed