← Latest news 
Luxury car sales grow just 3 percent as affluent buyers tighten wallets amid jitters
Automobile
Published on 24 April 2026
Mainstream demand cools as rich buyers pause big-ticket spends
Luxury car sales in India rose only 3% in the March quarter, with roughly 14,000 vehicles priced over Rs 40 lakh finding buyers. The slowdown trails the wider market as affluent customers hold onto cash amid geopolitical and economic uncertainty. Still, BMW stood out with a 17% sales jump, underscoring uneven demand across brands.
- Luxury car sales rose 3% in the March quarter
- About 14,000 cars over Rs 40 lakh were sold
- Affluent buyers conserved cash due to global uncertainty
- BMW sales increased 17% despite the broader slowdown
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times