January 19, 2021

24X7 News Guru

The Real Time News

Luxury cars skid, clock lowest sales since 2010

Hit hard by corona woes, economic downturn and high taxes, the sale of highly aspirational cars from companies such as Mercedes-Benz, Audi, BMW and Jaguar Land Rover slipped to an estimated 21,400 units in 2020 — a 37% decline over the nearly 34,000 units sold in 2019....

Hit hard by corona woes, economic downturn and high taxes, the sale of highly aspirational cars from companies such as Mercedes-Benz, Audi, BMW and Jaguar Land Rover slipped to an estimated 21,400 units in 2020 — a 37% decline over the nearly 34,000 units sold in 2019.

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