Try GOLD - Free

Luxury automakers set to make a comeback at auto expo this year

Mint Kolkata

|

January 17, 2025

After skipping the 2023 edition, luxury automakers Mercedes Benz and BMW have returned to the Auto Expo 2025, now rebranded as the Bharat Mobility Global Expo.

- Alisha Sachdev

Both brands are leveraging the platform to showcase their cutting-edge models and drum up consumer sentiment after a year of strong sales, even as the overall passenger car market slowed.

The luxury car market in India is estimated to have closed 2024 with sales of 51,000 units, representing a 6% year-on-year (y-o-y) growth.

While the overall segment grew, it was a mixed show, with some automakers driving growth while others struggled to retain volumes.

Mercedes Benz, India's largest luxury carmaker, saw a robust 12.4% growth in 2024, delivering 19,565 vehicles.

BMW, its closest rival, grew by 12.8%, selling 15,012 units.

However, Audi continued to face challenges, with a sharp 26.7% decline in sales, amounting to just 5,816 units.

Jaguar Land Rover (JLR) stood out with stellar growth rates of 35%, while Japanese luxury carmaker Lexus saw sales grow 13.8% y-o-y, according to industry estimates, although their volumes remain much smaller.

Volvo and MINI, on the other hand, reported double-digit declines of 19.6% and 18.4%.

MORE STORIES FROM Mint Kolkata

Mint Kolkata

Mint Kolkata

Space startups eye revenue build-up, investors bullish

Investors see funding opportunities with high returns to grow as cos start pulling revenue

time to read

2 mins

December 18, 2025

Mint Kolkata

Mint Kolkata

Trump orders blockade of sanctioned oil tankers in and out of Venezuela

U.S. president's announcement escalates pressure on the country's leader, Nicolás Maduro

time to read

4 mins

December 18, 2025

Mint Kolkata

Mint Kolkata

Speciale Invest set to launch ₹1,600-crore deeptech fund

Fund will issue $5-8 million cheques, with rounds up to $20 million alongside 2-3 investors

time to read

3 mins

December 18, 2025

Mint Kolkata

Mint Kolkata

6 GHz showdown: Jio questions Meta’s $3 tn value-creation math

from telecom auctions in the 6GHz band, based the estimates of the Global System for Mobile Communications Association.

time to read

1 mins

December 18, 2025

Mint Kolkata

Wingify eyes acquisitions for growth after Everstone deal

Digital experience optimization startup Wingify is increasingly using acquisitions to accelerate its next phase of growth, aiming to attract enterprise clients.

time to read

2 mins

December 18, 2025

Mint Kolkata

Mint Kolkata

Punjab plans EV sops in new industrial policy as states compete for capital

The electric vehicles (EV) sector is expected to take centre stage in Punjab, as the state lines up an expanded package of incentives to attract fresh investments under the new industrial policy that is likely to be launched in January.

time to read

2 mins

December 18, 2025

Mint Kolkata

Coverage challenge

Can India's insurance sector help mobilize more long-term capital? How much of a differ- ence will the Centre's proposal of raising its foreign direct investment (FDI) cap to 100% from 74% make?

time to read

1 min

December 18, 2025

Mint Kolkata

Mint Kolkata

Mind the gaps: Why India's GDP measurement requires a reset

Next year's base revision offers us a chance to improve data accuracy and five reform measures should help achieve that goal

time to read

4 mins

December 18, 2025

Mint Kolkata

Let reforms spur India's corporate bond market

This segment of the debt market has been crying out for help. A Niti Aayog report makes yet another attempt to usher in policy changes that are dearly needed for this worthy objective

time to read

2 mins

December 18, 2025

Mint Kolkata

Mint Kolkata

Adulteration war may spur premium dairy boom in cities

A renewed crackdown on adulterated dairy products, combined with a shift among urban consumers towards farm-to-table food, is reshaping the dairy market in the world's largest producer of milk.

time to read

1 mins

December 18, 2025

Listen

Translate

Share

-
+

Change font size