Luxury Cars Sales Statistics – January 2021
While the overall passenger vehicle registrations had degrown by -4.4% YoY; Luxury Car Sales remains in red and recorded a double digit fall of -39.5% YoY.
OEM wise Luxury Cars Sales in January 2021 –
Source: FADA Research
As per the registration figures released by the Federation of Automobile Dealers Associations of India (FADA), majority luxury brands registered significant sales decline in Jan’21 as compared to Jan’20.
Mercedes Benz remained the undisputed No.1 Luxury Car maker in India and recorded a Market Share of 39.2% in Jan’21. However; the sales fell by -28.5% YoY against Industry average of -39.5%.
BMW India too reported a 47.7 per cent sales decline, from 1,345 units in Jan’20 to 703 units in Jan’21.
JLR recorded one the steepest YoY fall and only 211 vehicles were registered in Jan’21. Its Market Share drop was the highest too (-1.7%).
Ferrari could sell only 3 vehicle last month as compared to 5 units in Jan’20. Also, 7 Rolls Royce were registered in January 2021 - It sold more than Ferrari, Bentley & Lamborghini combined!