Germany's BMW has maintained its lead over rivals Mercedes-Benz and Audi to remain the top luxury car in India in 2010, with sales of 6,246 units. BMW India, which saw 73 per cent growth in sales during the year, enjoys over 40 per cent share of the luxury car market in the country, which is estimated at around 15,000 units per annum.
In terms of the sales growth rate, India was among the top three markets for BMW after China, which saw over 80 per cent growth. India and Korea followed it (China) at around the same level," BMW India president Andreas Schaaf told PTI.
The total number of BMW cars sold in India in 2010 exceeded the company's target of 4,200 units. The year 2010 was an exceptional one for BMW in India and I am not sure if we can repeat it, but the market will continue to grow and we want to stay number one, as we do not want to give up that position.
This is the second consecutive year in which BMW has retained leadership position in the luxury car segment in India.
Source :Rediff business
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