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- BMW India reported sales at 8,236 units in 2021. This number was down to just over 6k units in 2020. With Covid19 pandemic gripping all aspects of business in 2020, sales numbers were particularly low despite occasional signs of improved sales in a few individual months that year. - Source: Internet
- Market share among the top order sees Mercedes-Benz enjoy almost 50 percent dominance, in 2021. Numbers improved through 2021 despite a complex second wave of the Covid19 pandemic. Difficulties were most acute in Q2 2021. - Source: Internet
- Comparatively, Covid19 pandemic impact was more profound for a much shorter period in 2021. This offered far more opportunities for companies to sell more cars. Market share among the top 3 saw BMW claim 36.17 percent, and Audi India, 14.46 percent. - Source: Internet
- The top 3 luxury car auto manufacturers have collectively reported numbers at just over 22.5k units through 2021. Sales numbers are trailing behind, when compared to the numbers from previous years. Though sales recovery is taking long, all three manufacturers reported sales growth last year, on the back of low base sales in 2020. - Source: Internet
- Sales in 2021 was further impacted by a continual shortage of chips/semiconductors. Depending on how quickly supply chain lags are sorted, the market will correspondingly bounce back. Until such seamless operations, one can expect production delay owing to unavailability of parts, and thereby deliveries delayed. Lower sales aren’t an indication of demand stability. Delayed production directly impacts sales. - Source: Internet
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