What is the luxury car market in India in 2024?
Indian luxury car market grows 6% to 51,200 units in 2024. Mercedes Benz, BMW Group, and JLR posted their highest-ever year of sales, whereas Audi and Volvo posted a decline. India’s luxury car market crossed a significant milestone, surpassing 50,000 units for the first time in 2024. Mercedes-Benz (German pronunciation: [mɛʁˌtseːdəs ˈbɛnts, -dɛs -]), commonly referred to simply as Mercedes and occasionally as Benz, is a German automotive brand that was founded in 1926.Mercedes-Benz is owned by the German company Daimler AG, an automaker who produces a wide variety of upscale, luxurious vehicles such as buses, motorcycles, and cars.Top Car Brand in India: Maruti Suzuki. India’s largest car manufacturer and consistently the top-selling brand.Mercedes-Benz India: The Enduring Leader. Mercedes-Benz continues to command its esteemed position within India’s luxury automotive market, solidifying its ascendancy with a commendable 9,013 units sold in H1 2025.
Which is the most selling car in India in 2025?
Maruti Suzuki Ertiga emerged as India’s best-selling car for August 2025. The MUV toppled the erstwhile best-seller Dzire with a considerable margin. Coincidentally, both Ertiga and Dzire have a very strong presence in the Taxi segment with the CNG avatar. The Maruti Suzuki Dzire is now the best-selling car in July 2025, and has pushed the Hyundai Creta to the second spot. The Hyundai Creta had been ruling the sales chart, securing the top spot in the best-selling list.The sales reports for the entirety of the financial year (FY) 2025 are out. Although SUVs are more popular in India, the top-selling model was still a hatchback: the Maruti Wagon R. The Tata Punch, which was the best seller in FY 2024 took the second spot and the Hyundai Creta came third.Mercedes-Benz India said it sold 4,238 units in the April to June quarter of 2025 which is a growth of 10% over the year ago period. The best-ever sales performance in Q1 FY26 was achieved with robust demand for Core and Top-End Luxury vehicles.
Which car has the highest market share in India?
Maruti Suzuki: India’s Most Popular Automobile Brand. Maruti Suzuki is the most popular automobile brand in India, with a market share of over 42%. The company has been in operation for over 40 years and has a wide range of cars to offer, from compact hatchbacks to SUVs. Maruti Suzuki Ertiga emerged as India’s best-selling car for August 2025. The MUV toppled the erstwhile best-seller Dzire with a considerable margin. Coincidentally, both Ertiga and Dzire have a very strong presence in the Taxi segment with the CNG avatar.
What is the world’s most sold car brand in 2024?
TOKYO, Jan 30 (Reuters) – Toyota Motor (7203. T) , opens new tab sold 10. Thursday, remaining the world’s top-selling automaker for a fifth straight year. State of Car Sales in America Toyota sold the most vehicles in 2024 followed by Ford, Chevy, Honda and Hyundai. The Ford F-150 was once again the top sold model in the U. S.
Is Mercedes successful in India?
While the industry is witnessing a decline in sales, Mercedes-Benz India has reported stellar sales in the first quarter of the financial year 2026 (FY26). The brand sold 4,238 vehicles in the three-month period between April and June 2025, growing by 10 per cent compared to the same period last year. Since 1994, Mercedes-Benz has sold 200,000 vehicles in India, with 100,000 cars sold in just the past six years (2019-2024). While the company took 20 years (1994-2013) to sell its first 50,000 cars, the next 50,000 were sold in just five years (2014-2018).Notably, the average age of Mercedes-Benz buyers in India has dropped to 38 years from 44, indicating a growing preference among younger demographics for luxury vehicles. Youngsters, according to Iyer, are veering away from traditional investments like real estate, opting instead to indulge in luxury experiences.Mercedes-Benz India: The Enduring Leader. Mercedes-Benz continues to command its esteemed position within India’s luxury automotive market, solidifying its ascendancy with a commendable 9,013 units sold in H1 2025.BMW India sells 15,721 units sold in 2024. BMW Group India has achieved its best-ever annual sales in 2024 with an 11% growth, delivering 15,721 cars. SUVs and the luxury class saw significant gains while electric and high-performance models also performed well.