GST rejig spooks plans of German luxury car makers
/ 5 min read
<i>Rahil Ansari of Audi India, Roland Folger of Mercedes-Benz India, and </i><i>BMW Group India’s </i><i>Vikram Pawah talk a</i><i>bout implications of a hike in total tax incidence on luxury cars</i>
Rahil Ansari, head, Audi India, Roland Folger, managing director and chief executive officer, Mercedes-Benz, and Vikram Pawah, president, BMW Group India.
Of all
the segments we are in, SUVs have outpaced the others. However, our
best-seller remains the E-Class sedan.
Roland
Folger, MD and CEO, Mercedes-Benz India.
The Audi Q3 and Audi A3 Sedan saw the start of the
entry-level luxury category, and together contribute between 30%- 35%
percent of total sales.
Rahil
Ansari, head, Audi India
Over
a longer term we see that the 5 series has accounted for almost 30% of our total
sales.
Vikram
Pawah, president, BMW Group India
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