The Economic Times

Luxury car market to grow in single digits in 2026 amid forex pressure, entry-level slowdown: Mercedes-Benz CEO Santosh Iyer

India's luxury car market is projected for single-digit growth in 2026, facing constraints from currency volatility and muted first-time buyer sentiment. Despite a 1.6% sales increase to 52,000 units in 2025, the slowest pace since the pandemic, Mercedes-Benz India plans an aggressive product strategy with 12 new models and expanded local production.