GST rejig spooks plans of German luxury car makers

/5 min read

ADVERTISEMENT

Rahil Ansari of Audi India, Roland Folger of Mercedes-Benz India, and BMW Group India’s Vikram Pawah talk about implications of a hike in total tax incidence on luxury cars
GST rejig spooks plans of German luxury car makers
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 

Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.

fortune magazine cover
Fortune India Latest Edition is Out Now!
The Year Of EV Launches

September 2025

2025 is shaping up to be the year of electric car sales. In a first, India’s electric vehicles (EV) industry crossed the sales milestone of 100,000 units in FY25, fuelled by a slew of launches by major players, including Tata Motors, M&M, Ashok Leyland, JSW MG Motor, Hyundai, BMW, and Mercedes-Benz. The issue also looks at the challenges ahead for Tata Sons chairman N. Chandrasekaran in his third term, and India’s possible responses to U.S. president Donald Trump’s 50% tariff on Indian goods. Read these compelling stories in the latest issue of Fortune India.

Read Now