business / news / / Times of India
BMW India sold 4,567 units in the first quarter of 2026, registering a 17% growth.
BMW India claims number one luxury carmaker status based on Vahan registration data, surpassing Mercedes-Benz.
KEY POINTS
- BMW holds about 70% share in India's luxury EV market, with EVs now 26% of its sales.
- BMW plans to launch 27 new vehicles in India this year, including 10 MINI models.
- Rupee depreciation remains a major concern, prompting BMW to raise prices twice in 2024.
- Fuel price hike fears and EV cost savings are driving increased luxury EV adoption among Indian buyers.
COMPANIES
Summarized by Newsio from Times of India. How we summarize →