Demand for premium and luxury cars will gradually cool over the course of the forecast period. Inflationary pressure will play a role in this by making at least some local consumers more price sensitive.
Electric vehicles will continue in importance in premium and luxury cars over the course of the forecast period. Tesla will be at the forefront of this, but the big German manufacturers have also committed to transitioning towards electric drivetrains in an effort to make their businesses more sustainable.
There is a growing market for used premium and luxury cars in Poland, and this will have a knock-on effect on demand for new vehicles. On the one hand, it will boost the resale value of premium and luxury cars, enabling owners of new vehicles to recoup more of their investment.
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Passenger car vehicles providing exceptional comfort, aimed at the premium market and at drivers wanting a higher level of performance and handling or a vehicle that gives the impression of being capable of high-speed motoring. These cars are generally designed to appeal to high earning, status led consumers and generally retail at US$75,000 plus Example models include: Aston Martin, Ferrari, Jaguar, Bentley, Porsche, McLaren, Maserati, Rolls-Royce and TeslaSee All of Our Definitions
This report originates from Passport, our Luxury Cars research and analysis database.
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