'Luxury vehicle buyers are still value conscious': Vikram Pawah, CEO, BMW India

Despite witnessing record growth in H1 of 2023, luxury carmakers' total market share still remains below 1 percent.

20 Jul 2023 | 5298 Views | By Autocar India News Desk

Nearly all luxury carmakers in India have posted record growth between January-June 2023 period. Both BMW and Mercedes-Benz, for instance, had their best-ever half-yearly and quarterly sales, while Audi posted 97 percent year-on-year growth in the same period, albeit on a low base. Even Volvo recorded 33.13 ...

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