कोशिश गोल्ड - मुक्त
Luxury car segment ended 2024 on a muted note despite robust demand
Financial Express Kochi
|January 11, 2025
INDIA'S LUXURY CAR market, represented by five major automotive brands, saw paltry growth in 2024 as supply chain issues impaired the upturn despite robust demand.
While Mercedes-Benz, BMW and Jaguar Land Rover (JLR) achieved double-digit growth in sales volumes, a decline for Audi and Volvo weighed on the overall performance of the segment.
The five luxury car brands collectively recorded sales of 47,562 units in 2024, a growth of 3% compared to 2023. Mercedes-Benz maintained its leadership, registering a 12% increase in volumes to 19,565 units, while BMW grew by 11% to 15,721 units. Together, these two German giants accounted for 75% of the segment's sales.
यह कहानी Financial Express Kochi के January 11, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Financial Express Kochi से और कहानियाँ
Financial Express Kochi
Suzlon plans to set up AI-enabled factories
SUZLON ENERGY PLANS to build three Al-enabled smart factories as it looks to speed execution of its 6.2 gigawatt order book and streamline logistics, group Chief Executive Officer JP Chalasani said.
1 min
December 05, 2025
Financial Express Kochi
RBI proposes weekly updates on credit data
THE RESERVE BANK of India (RBI) on Thursday said that credit institutions (CIs) or credit information companies (CICs) should update their reports on a weekly basis for the efficient functioning of the credit information reporting system in the country.
1 min
December 05, 2025
Financial Express Kochi
Collaboration on deep-sea fishing mulled
Rajiv Ranjan Singh, minister of fisheries and dairying
1 min
December 05, 2025
Financial Express Kochi
Retail stress to drive next wave of NPA sales: Crisil
ASSET RECONSTRUCTION COMPANIES (ARCs) are entering a critical transition phase as the supply of large corporate bad loans dwindles and retail stress becomes the dominant driver of the distressed-assets pipeline, according to Crisil Ratings.
1 mins
December 05, 2025
Financial Express Kochi
S&P raises RIL rating to ‘A-’ from ‘BBB+’
S&P GLOBAL RATINGS on Thursday raised its long-term issuer credit rating on Reliance Industries to ‘A-’ from ‘BBB+’, also upgrading the company’s senior unsecured debt to the same level.
1 min
December 05, 2025
Financial Express Kochi
US team likely in India next week for negotiations
A US TEAM of negotiators is likely to visit India next week as both sides push to finalise a framework agreement that will see significant reduction in additional tariffs imposed on Indian imports by the Donald Trump administration.
1 mins
December 05, 2025
Financial Express Kochi
Former Bangladesh PM Zia to be taken to London
A MEDICAL BOARD looking after critically ill former Bangladesh prime minister Khaleda Zia on Thursday decided to send her to London for advanced treatment, her personal physician AZM Zahid Hossain said.
1 min
December 05, 2025
Financial Express Kochi
H-1B visa row: US admin orders enhanced vetting for applicants
THE TRUMP ADMINISTRATION on Thursday announced increased vetting of applicants for H-1B visas for highly skilled workers, with an internal State Department memo saying that anyone involved in “censorship” of free speech be considered for rejection.
1 mins
December 05, 2025
Financial Express Kochi
Crisis at IndiGo deepens
We could not live up to the promise, says CEO Pieter Elbers
1 min
December 05, 2025
Financial Express Kochi
States to get share of health cess via schemes, says FM
FINANCE MINISTER NIRMALA Sitharaman on Thursday said the proposed Health and National Security Cess will apply exclusively to demerit goods such as pan masala, creating a “dedicated and predictable resource stream” for health and national security initiatives.
1 min
December 05, 2025
Listen
Translate
Change font size