Luxury car sales November 2020

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Luxury car sales fell by a quarter in November 2020, with top players in the red

Domestic sales of compact cars were strong in the face of an ongoing Covid-19 pandemic, but the same is not true for luxury cars. In essence, the market for the few luxury cars selected was depressed even a year ago. It’s also a difficult task to bounce off due to low base sales, with all but one player in the segment in the red.

FADA wholesale disclosure

FADA number Show market pattern You haven’t missed total sales data. The collated sales do not take into account the figures for Andhra Pradesh, Madhya Pradesh, Lakshadweep and Telangana, as the state / UT is not yet in Vehan 4. Vehicle registration data was collected from MoRTH on December 6, 2020, and GoI was collected from 1,265 of the 1,472 RTOs. domestic.

Mercedes-Benz India continues to lead with a 40% market share, according to FADA’s retail sales data. Sales fell 26.66% to 897 units, down from 326 units sold to 1,223 units.

BMW India remains second with sales of 728 units. Sales decreased by 23.69% from 954 due to a decrease in sales of 226 units. The market share is over 30%. The gap between both top players seems to be closing. In fact, the real competition seems to be between Mercedes-Benz and BMW India, but the other competitions have big gaps.

Luxury car retail sales November 2020
Luxury car retail sales November 2020 vs November 2019 (year-on-year) vs October 2020 (MoM). Source – FADA

VW Audi India once climbed to the top. However, it seems that it was far behind the manufacturer at that time. The decrease in unit sales was only 236 units, down from 260 units, which has a 10% market share. JLR sold for just under 200 units. Sales were down 37.22%, down from 317 to 199, with a market share of just under 9%. Volvo will remain in the trailing position with sales of 169 units, down from 196 units with a 13.78% decrease.

27 Porsche were sold. This is a bit lower than the 33 units reported a year ago. Four Lamborghini were sold for each. One Ferrari and one Rolls Royce were sold. Bentley had no sales. Total sales are fixed at 2,262 units, down 24.45% from 2,994 units. Volume loss has been reported for 732 units.

number Luxury car sales india November 20 November 19th
1 Mercedes (-27%) 897 1223
2 BMW (-24%) 728 954
3 Audi (-9%) 236 260
Four JLR (-37%) 199 317
Five Volvo (-14%) 169 196
6 Porsche (-18%) 27 33
7 Lamborghini (+ 300%) Four 1
8 Ferrari (-67%) 1 3
9 Rolls Royce (-75%) 1 Four
Ten Bentley (-100%) 0 3
– – Total (-24%) 2,262 2994

Sales growth of luxury car MoM in November 2020

Silver lining Despite the overall decline, there is a segment MoM sales record. Some growth has been seen on this front. Mercedes MoM sales growth is reported to be 841 to 6.66%. BMW was up 27.05 percent from 573 units. Meanwhile, Audi reports a decrease from 257 units. JLR has gained some status from 151 cars. Volvo MoM has also increased from 137 units to become green.

Porsche showed a great show, up from 19 units with an increase of 42.11 percent. Lamborghini reported a single unit sold in October 2020. Same as Ferrari and Rolls Royce. Two Bentleys were sold in October 2008. MoM sales were reported to be 14.07%, with sales of 279 units increasing by 1,983 units.

Luxury car sales November 2020

Source link Luxury car sales November 2020

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