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Luxury Car Retail Sales Statistics for FY2021

As per the reports shared by FADA, Luxury Cars Retails in India for FY2021 dipped almost by -42.5% when compared to FY2020. The volumes were hit hard due to the COVID 19 pandemic and almost all OEMs reported a double-digit decline. The only exception being Lamborghini – Its sales doubled in FY2021 owing to the success of the SUV Urus!

  • The segment volumes almost halved in FY2021 and was one of the worst hits in the previous fiscal. While the sales were already reeling due to the BS6 transition; the segment succumbed further to Covid 19.

  • Mercedes Benz maintained its leadership in the luxury cars segment and commanded over 38% Market Share. It also gained a significant Market Share in FY2021.

  • BMW has been aggressive too with series of new model launches/upgrades. However; it suffered a decline of -41.8% in FY2021 v/s FY2020 and ranked second in the table.

  • JLR retails stood at 1,696 units in FY2021, down from 3,756 units in FY2020. The sales decline is reported at over 54 percent. MS stood at 9.2 percent. Recently a global restricting move has seen JLR India shed a part of its non-manufacturing workforce.

  • Lamborghini globally had recently posted a record-breaking first quarter with sales reaching the highest point in its 58-year history (source). The volumes in the Indian market was also impressive and the Italian marque recorded 100% YoY growth in FY2021 v/s FY2020. Urus SUV obviously was the most popular Lamborghini model and led to the sales spurt.

Note: The above numbers do not have figures from AP, MP, LD & TS as they are not yet on Vahan 4. Vehicle Registration Data has been collated as of 08.05.21 in collaboration with the Ministry of Road Transport & Highways, Government of India, and has been gathered from 1,289 out of 1,493 RTOs.

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