The Economic Times

India luxury car sales rise 10% in 2026 as Mercedes-Benz, BMW see strong EV demand

The surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz India has celebrated its strongest quarterly sales to date, fueled by solid macroeconomic trends. Anticipating a future dominated by electric vehicles, the company reports escalating demand. Meanwhile, BMW India sees a similar enthusiasm among its clientele, marking a continued positive trajectory for the luxury car market in 2023.