Which Regions Works Well for Premium Car Exchange in India REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The highest sales of luxury cars originate from northern regions of India which primarily includes Delhi-NCR, Chandigarh and Punjab. These cities constitute majority of the demand. It has been estimated that in the northern regions, an average urban household tends to have more than 2 cars. However, rising population in these regions leading to higher traffic has led the luxury car buyers to prefer exchanging their existing car. Luxury car makers have witnessed a sharp uptick in demand from South with the rise of new-age entrepreneurs. Although, the higher sales for luxury cars still originates from northern region, but the growth rate for luxury car sales is higher in southern region. The exchange of luxury car is growing in line with the sales, with majority of the demand being witnessed to arise from car upgradation. This is primarily backed by growing personal disposable income, which has led the luxury car seekers to opt for new models frequently. For every company including Audi, Mercedes and BMW, southern regions has posted highest share in car exchange business with share being recorded at ~%, ~% and ~% respectively out of the total car sales in these regions. Western region has witnessed highest growth in sales of luxury cars. Due to higher preferences of car upgradation especially in Mumbai and Gujarat, the sales of luxury cars through exchange mode has swiftly increased. Mumbai and Ahmedabad have relatively higher number of luxury car and pre owned car showroom and thus have attracted higher eyeballs of ever growing urban class. Table: Regional Exchange Sale of Audi Cars in India on the Basis of Number of Units, 2015 Regions Car Sales through Exchange in (%), 2015 Car Sales through Exchange in Units, 2015 North ~ ~ South ~ ~ West ~ ~ East ~ ~ Total ~ ~ Buyers in Eastern part of the country had the highest inclination towards scooters and other two wheelers and thus the share of luxury car sales has been lower across India. Lower disposable income and the changing outlook towards hatchback cars have constrained the sales of luxury cars in eastern cities of India. ~% of the Audi Sales has been undertaken through exchange in Southern Region. However, northern regions have reported ~% car volume sales through exchange during 2015. Table: Regional Exchange Sale of Mercedes Cars in India on the Basis of Number of Units, 2015 Regions Car Sales through Exchange in (%), 2015 Car Sales through Exchange in Units, 2015 North ~ ~ South ~ ~ West ~ ~ East ~ ~ Total ~ ~ Source: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-premium-car-exchange-market-report/80168-100.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 www.kenresearch.com Tags: Audi Number of Cars Exchanged, Business Growth Car Exchange, Car Exchange Process Luxury Car Company, Car Exchanges BMW India, Certification Process for Old Cars, Compliance Car Exchange Process, Customer Interface Car Exchange, Dealer Structure Audi, Exchange Contribution to New Sales, Exchange Offers by Premium Car Manufacturers, India Audi Used Cars Exchanged, India Premium Car Exchange Market, India Premium Car Exchange Market Research Report, India Premium Car Exchange Market Share, Mercedes India Preowned Cars Exchanged, Number of Premium Cars Exchanged, Organization Structure Car Exchange Team, Ownership Period of Premium Cars India, Qualification for Employees in Car Exchange Team, Region Premium Car Exchange Offers