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Global car sales - selected luxury brands 2019

At 2.34 million vehicle sales, Mercedes-Benz was the leading luxury car brand worldwide. Meanwhile, Tata Motors of India sold a record volume of around 592,700 vehicles under its Jaguar and Land Rover brands in 2019.

Global luxury car market

Within the luxury goods industry, the global luxury car market is one of the most valuable luxury markets. The global market size for luxury cars is expected to have grown from 245 billion euros in 2010 to 550 billion euros in 2019. Much of the growth is attributed to the increasing consuming power of emerging markets such as China. That said, mature markets such as the United States remain important target countries. BMW leads the luxury car market in the U.S., with a luxury car market share of some 14 percent. Mercedes-Benz, Lexus, Audi, and Tesla are the runner-ups. Not only are the three German luxury car brands - Stuttgart-based Mercedes-Benz, Munich-based BMW, and Ingolstadt-based Audi - among the leading brands in the U.S. luxury car market, but they are also the top three luxury brands globally.

Selected luxury car brands: global sales in 2019

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