Premium and Luxury Cars
Euromonitor International publishes the world's most comprehensive market research on the luxury cars industry.
Categories
- Luxury Goods
- Designer Apparel and Footwear (Ready-to-Wear)
- Experiential Luxury
- Fine Wines/Champagne and Spirits
- Luxury Eyewear
- Luxury Foodservice
- Luxury Hotels (5-star plus)
- Luxury Jewellery
- Luxury Leather Goods
- Luxury Portable Consumer Electronics
- Luxury Timepieces
- Luxury Writing Instruments and Stationery
- Personal Luxury
- Premium and Luxury Cars
- Super Premium Beauty and Personal Care
Filters
Country Report
Premium and Luxury Cars in the United Arab Emirates
Mar 2020
When people think of the UAE they think of glitz and glamour and that is especially noticeable in the sleek luxury cars that line the country’s most exclusive neighbourhoods and favourite hang outs. Especially in Dubai and Abu Dhabi, what are ...
Country Report
Premium and Luxury Cars in Brazil
Feb 2020
With the Inovar-Auto programme, the tax reduction incentive offered by the Brazilian government from 2012 to 2017, many players started producing cars locally, including Mercedes-Benz, Jaguar Land Rover, Audi and BMW. The latest models boast features...
Country Report
Premium and Luxury Cars in Thailand
Feb 2020
Electric vehicles began to emerge as serious contenders in Thailand in 2019. The government is encouraging production of electric vehicles via incentives and tax reductions due to high oil prices. The Thai Finance Ministry? reduced excise tax rates ...
Country Report
Premium and Luxury Cars in Mexico
Feb 2020
In July 2018, presidential elections took place in Mexico, resulting in an environment of uncertainty during the first half of the year. During his campaign, the leading candidate Andrés Manuel López Obrador pronounced himself against corruption, ...
Country Report
Premium and Luxury Cars in Germany
Feb 2020
Despite Germany’s urban rates being lower than those in other Western European countries, they are growing steadily. As the overall population is growing consistently as well, more and more potential consumers of luxury cars will be living in urban ...
Country Report
Premium and Luxury Cars in India
Feb 2020
Premium and luxury cars manufacturers are increasingly turning their attention to raising brand awareness and generating sales in Tier 2 and Tier 3 cities, where an aspirational young middle class is showing a growing interest in owning luxury cars. ...
Country Report
Premium and Luxury Cars in Australia
Feb 2020
According to the Australian Bureau of Statistics, the total number of passenger cars in the country increased by 1% over 2018-2019. Despite this, luxury cars volume and current value sales declined for a second consecutive year in 2019, which ...
Country Report
Premium and Luxury Cars in Taiwan
Feb 2020
Growth in luxury cars was negatively impacted by stagnating wages at the end of the review period. However, modest current value growth is expected over the coming years, with the expanding population of aspirational middle income consumers fuelling ...
Country Report
Premium and Luxury Cars in Singapore
Feb 2020
Smaller supply of Certificate of Entitlement (COE) compared to 2018 continued to affect the category in 2019. However, interest in luxury cars continues to increase, as such vehicles are marketed as safer than cheaper alternatives. According to Fitch...
Country Report
Premium and Luxury Cars in South Africa
Feb 2020
Luxury cars experienced another tough year in 2019. The reason for plummeting sales can be attributed to low consumer confidence amid economic uncertainty, with real GDP growth down to a trickle. In tough economic times, consumers prefer to hold back...
Country Report
Premium and Luxury Cars in the US
Feb 2020
Lifted by a strong economy and the release of new, price-accessible SUV models and electric vehicles, premium and luxury cars continued its strong pace of growth in 2019. As improved fuel economy coupled with consumers’ desire for space and ...
Country Report
Premium and Luxury Cars in Sweden
Jan 2020
In line with global trends, the number of uber-rich people continues to increase in Sweden, as does the size of their wealth. In 2018, there were 191 billionaires in the country in Swedish krona terms (up from 35 in 1997) and 38 in US dollar terms, ...
Country Report
Premium and Luxury Cars in the United Kingdom
Jan 2020
In 2018, luxury cars in the UK saw sales fall to negative growth in current value terms for the second consecutive year; this slowdown continues to 2019. The instability in the UK economy has also negatively affected the sales of luxury cars across ...
Country Report
Premium and Luxury Cars in Romania
Jan 2020
Premium and luxury cars experienced a fluctuating performance throughout much of the review period in Romania, as sales are intrinsically linked to macroeconomic pressures. However, 2019 witnessed increasing demand as the country’s economy continued ...
Country Report
Premium and Luxury Cars in Canada
Jan 2020
Luxury cars posted strong growth over the review period, supported by a combination of trends, including the increasing household wealth of upper-income Canadians, the rising number of affluent immigrants, retiring baby boomers and low financing ...
Country Report
Premium and Luxury Cars in Spain
Jan 2020
Luxury cars continued to see stable current value growth in 2019. However, a major transformation is expected over the forecast period. In 2019, the Spanish government made an attempt to forbid diesel cars in Spain by law, due to their polluting ...
Country Report
Premium and Luxury Cars in China
Jan 2020
The Chinese Government has removed the extra import tariff imposed on cars manufactured in the US, reducing the tariff from 40% to 15%. Tesla was the first manufacturer to reflect the move in its car price, adjusting the prices of its Model S, Model ...
Country Report
Premium and Luxury Cars in Ukraine
Jan 2020
Luxury cars are viewed as a symbol of high socioeconomic status in Ukraine. Among affluent Ukrainians, a premium or luxury car is considered a must-have vehicle. High-income foreign consumers, including managers of oil and gas companies, are ...
Country Report
Premium and Luxury Cars in Russia
Jan 2020
Despite the fact that premium and luxury cars only target the most affluent consumers in Russia, the category experienced fluctuating demand over the review period, with notable declines from 2015-2017, in line with the economic recession in the ...
Country Report
Premium and Luxury Cars in Switzerland
Jan 2020
After two years of declining value sales of luxury cars, Switzerland returned to positive growth in 2019. However, both unit volume and current value growth were relatively modest in 2019 as sales continue to struggle to gain any real momentum. The ...
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