India's K-shaped consumption pattern continues post pandemic
The divergence between affluent and broad-based household demand persists, says UBS.
The divergence between affluent and broad-based household demand persists, says UBS.
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.
The auto market showed consistent demand for luxury cars and SUVs, signifying a robust consumer appetite for premium segments, says FADA.
The sustained demand for both new and existing products across entry and core segments was the key to driving volumes in H1 2023, says Mercedes-Benz
As customers choose sustainability over price, makers of luxury cars begin offering electric vehicles.
Since the business started in 2016, Ahmad Nabil has built strong relationships with some of the world's most popular and influential people.
Fortune India caught up with Matthias Luehrs, Head of Region Overseas Mercedes-Benz cars who oversees sales and marketing for several countries for the global luxury car-maker during his Mumbai visit.
Premium manufacturers are tapping new buyers with a cocktail of events, digital channels and innovative new experiences.
Lamborghini has launched its fastest super SUV, the Urus Performante, with prices starting at ₹4.22 crore in India.
"We are looking to double the number of cities we are in by the end of the year," says Naveen Soni, president, Lexus India.