India Sees a Rise in Car Sales: Lamborghini Cars for the Year have Already been Sold Out
As the effects of Covid-19 pandemic wanes, the car sales in India increases in a tremendous way. Lamborghini, Porsche and Maruti Suzuki are among the many car manufacturers in India to record their best ever sales.
Here’s more about it.
Car Sales in India Rockets in 2022 as Effects of the Pandemic Wanes Off
The sales of domestic passenger vehicles has increased by 23% in 2022 and many car manufacturers have by now reported their best ever sales. About 37.93 lakh units of domestic cars were sold in India in the previous years.
Domestic car manufacturers like Maruti Suzuki, Tata Motors and Hyundai Motors India Pvt. Ltd has had a large increase in its domestic car sales.
Maruti Suzuki has sold over 15.76 lakh units of their cars which marks a 16% increase in sales compared to its sales in 2021 when the company reported a sales of 13.64 lakh units. Reports also reveal that the car manufacturers already have 5 lakh pending orders to deliver this year.
Hyundai India also reports its best ever sales in 2022 with a 9.4 percent increase in its domestic car sales. The company was able to sell a total of 5,52,511 units compared to the 5,05,033 units sold in 2021.
Tarun Garg, Director of Hyundai Motors India Pvt. Ltd has also mentioned that its SUV sales comprises 50% of its total sales. The company has also witnessed a strong growth in its sales in rural areas of India as well.
Luxury car manufacturers including Lamborghini, Audi and Porsche has also seen a great rise in sales with many luxury car manufacturers to have their best ever sales.
Lamborghini sold a total of 92 units of its luxury cars in 2022, marking a 33% increase in sales than previous year. Previously the company recorded its best sales in India in 2021 with a total of 69 units of its cars sold. In 2019, the brand recorded a sales of 52 units of its luxury cars which is the best sales recorded before 2021.
Audi was also able to sell a total of 4,187 units of its cars in 2022 marking a 27% growth in sales than previous year. The company also aims to increase its sales in the next two years with multiple launches and more availability of its cars.
Porsche, the German sports car manufacturers also recorded its best ever sales in India marking a 64% increase in its sale compared to previous year. A total of 779 units of its sports cars were sold. With 399 units sold in 2022, the Porsche Cayenne has topped the company’s sales charts.
Indian Economy is so bad :
Lamborghini India says: Sold out for rest of the year
Audi India says : Aim to treble sales in 2-yrs
Porsche India record best ever sales on record
Maruti says that it has 5 lakh pending orders.
Hyundai India see strong growth from Rural India.
— Rishi Bagree (@rishibagree) February 13, 2023