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You are here: Home / Exclusive sport cars sales grow highest in last four years in 2016

Exclusive sport cars sales grow highest in last four years in 2016

MUMBAI: India’s Super Sports Car sales zoomed 20 per cent last year that witnessed a slowdown in the mainstream luxury car market, which saw its first demand decline because of the currency swap and a protracted ban on diesel cars.Sales of two-door super sports car market or Exclusive Sport Car Market priced above Rs. 2.5 crore stood at 68 units, the highest in the last four years. Lamborghini registered a growth of 15 per cent in 2016 and its closest rival Ferrari, too, registered a double digit growth, said industry sources.Sharad Agarwal, head of Automobili Lamborghini India, said the Exclusive Sports Car market is set to exceed 100 cars annually in coming 24 months.“Demonetisation was a big disruption, but the market bounced back quickly in the second half of December and was back to normal. At Lamborghini, we are already booked for 50% of our annual target of 2017. We are already sold out for the newly launched Aventador S. The double digit growth momentum will continue this year too,” said Agarwal.Annual sales of 100 units mean the market will expand in excess of 20% in the coming two years and new models will continue to drive excitement in the… Read full this story

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Exclusive sport cars sales grow highest in last four years in 2016 have 324 words, post on auto.economictimes.indiatimes.com at June 8, 2017. This is cached page on Konitono. If you want remove this page, please contact us.

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