Luxury car sales set to grow at 3x of industry's pace

The luxury car segment in India is expected to grow three times faster than the broader market in 2023. Top players like Mercedes-Benz, Audi, and Lexus anticipate an increase in demand for luxury cars above Rs 40 lakh. Mercedes-Benz predicts sales to reach around 45,000 units this year, with the luxury industry growing by 22%....