Pre-owned luxury cars outsell new ones in India in 2024: Report
India saw a higher number of pre-owned luxury cars being sold compared to new ones in 2024, Business Standard reported citing industry estimates. Around 80,000 pre-owned luxury cars were sold while 50,000 new ones were sold in the same period. The report highlighted India's shift towards utility vehicles as they accounted for 65% of total passenger vehicle sales in 2024.