How many luxury cars were sold in H1?
Around 21,000 luxury cars were sold in India in the first six months of this calendar year. This represents a 16% growth over all of 2022 and is 7% more than the peak sales for the same period in 2018. After registering strong double-digit growth between 2008 and 2014, the industry has been largely stagnant below the 40,000 units-per-year mark. The second half of the year, which includes the festive season, usually accounts for the bulk…
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