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Motown, slowtown: Luxury car sales slow in line with broader slowdown in Indian auto market
![Motown, slowtown: Luxury car sales slow in line with broader slowdown in Indian auto market](https://img.etimg.com/thumb/msid-111697912,width-362,height-240,imgsize-23066,resizemode-75/industry/auto/auto-news/motown-slowtown-luxury-car-sales-slow-in-line-with-broader-slowdown-in-indian-auto-market.jpg)
Carmakers attributed the sluggish performance to a broader slowdown in the Indian car market, besides intense heat waves this summer, and an extended general election. Some experts also cited a shift in spending by the wealthy to experiences such as bespoke holiday itineraries.
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Auto News
Motown, slowtown: Luxury car sales slow in line with broader slowdown in Indian auto market
- FADA seeks vehicle depreciation benefits for income tax payers in Budget 2024
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- Commercial vehicle sales volume to fall 3-6 pc in FY25: Report
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Cars & UVs
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- JLR India retail sales rise 31 pc at 1,371 units in Q1
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Two wheelers & three wheelers
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Auto Components
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Tyres
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