Whalesbook
The share of luxury car sales from top salaried professionals and startup founders has doubled in India over the past five years for brands like Mercedes-Benz, BMW, and Audi. This surge indicates robust corporate earnings, significant ESOP payouts, and broad economic expansion, reinforcing India's growth credentials. Overall luxury vehicle sales in India nearly doubled from 2020 to last year, supported by a growing premium segment and a shift in consumer mindset towards experiences.