Poging GOUD - Vrij
Luxury automakers set to make a comeback at auto expo this year
Mint New Delhi
|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.
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%.
Dit verhaal komt uit de January 17, 2025-editie van Mint New Delhi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint New Delhi

Mint New Delhi
PM backs Make in India for chips, mobiles, electronics
Prime Minister Narendra Modi on Wednesday renewed his pitch for Make in India across sectors, from mobiles to semiconductors and electronics, saying the government is accelerating the pace of reforms, offering the best investment opportunities.
2 mins
October 09, 2025
Mint New Delhi
Road builders sweat as highway tenders dry up
After a prolonged slowdown in orders, India's road construction giants are keeping their fingers crossed for a long-awaited revival.
2 mins
October 09, 2025

Mint New Delhi
Advertisers push for transparency standards in ad sales
Some of the advertising industry's largest players have joined forces to propose new standards for transparency in the digital auctions that increasingly dominate ad sales.
4 mins
October 09, 2025

Mint New Delhi
Can Canara Robeco AMC retain equity edge?
Canara Robeco Asset Management Co. (CRAMC), India's second-oldest asset manager, is set to test investor appetite with its ₹1,326-crore initial public offering (IPO), banking on its strong equity focus, rapid growth momentum, and the trusted legacy of its joint promoters-state-run Canara Bank and Netherlands-based Orix Corp. Europe.
2 mins
October 09, 2025

Mint New Delhi
Will Q2 results put TCS out of its misery?
In business, a quarter can feel like a lifetime. Ask Tata Consultancy Services Ltd's (TCS's) chief executive officer, K. Krithivasan. The July-September period tested the country's largest IT (information technology) services firm on several fronts-one external, and two self-made challenges.
3 mins
October 09, 2025

Mint New Delhi
India pulls several anti-dumping levies on China, others
New Delhi has quietly allowed the expiry of anti-dumping duties on a range of goods from several countries including China, signalling a recalibration in its approach to trade protection.
2 mins
October 09, 2025
Mint New Delhi
JSW tweaks auto top deck before EV, truck launch
Sajjan Jindal-led JSW Group has introduced a series of changes to the boards of at least two ofits auto companies and changed the holding company of its component business between August and September, as the conglomerate gears up to launch cars and trucks next financial year.
2 mins
October 09, 2025
Mint New Delhi
Pharma deals soaring, but top drugmakers hold back
Dealmaking in India’s pharma sector has surged over the past two years as companies seek to beef up their portfolios and reduce reliance on the US market.
2 mins
October 09, 2025
Mint New Delhi
Has TaMo priced in worst of JLR?
Tata Motors Ltd is gearing up for its long-awaited demerger.
2 mins
October 09, 2025
Mint New Delhi
Adani taps SBI, Temasek, others for NMIA terminal
Airport entity in talks to raise ₹30,000 crore for Terminal-2 opening in 2029
3 mins
October 09, 2025
Listen
Translate
Change font size