Naveen Soni, President, Lexus India, in an interaction with Fortune India, says the transition from internal combustion engines (ICE) powertrains to electric vehicles will eventually happen.
Luxury carmakers are looking at record growth in sales this year, on the back of a positive momentum of consumer sentiment propelled by a bevy of new launches
Mercedes-Benz India MD and CEO Martin Schwenk says there is a shift towards more sustainable tech in the auto sector, but it will have to be supported by a conducive framework.
The exotic carmaker has sold more than 100 units of the Urus since it was launched in India. The SUV accounts for half of Lamborghini’s sales in the country.
The German auto major sees a significant contribution of over 50% coming from the locally produced sports utility vehicle range including the X1, the X3, and the X5.
Balbir Singh Dhillon, head, Audi India, on the uncertainty in the auto sector, his assessment of the COVID-19 crisis, and the outlook for the luxury market.