U.S. luxury car market share in 2020, by key marque
There is something majestic about luxury vehicles. From the glass panel roofs and the LED headlights to the leather-trimmed seats and powerful engines, these automobiles are built with the finest of materials, giving each driver the feeling of uniqueness. Regarding the overall luxury car market, the leading premium car brands include BMW, Lexus, and Mercedes-Benz. The source excludes Tesla because the company does not provide model sales by country. Tesla is among the leading car brands in the United States with deliveries of more than 290,000 units in 2020, including some 13,000 Model S cars, one of the leading electric vehicle models based on sales in the United States. In 2020, the global market for luxury cars was sized at almost 503 billion euros.
Market segmentation
Oftentimes, the luxury car market is broken down into the following segments: premium compact vehicles, mid-size luxury cars, high-end luxury cars, ultra-luxury cars, as well as luxury SUVs and crossover models. The boundaries between these categories are blurred and vary between regions. However, the price is largely defined as the major criterion for classifying luxury vehicles.
U.S. luxury car market share in 2020, by major brand
The source excludes Tesla Inc. because the company does not provide model sales by country. Percentage figures are Statista calculations based on the figures provided by the source. Luxury car brands include the following:
Combined luxury brand sales amouted to around 2.03 million units in 2020.
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Automotive News. (January 8, 2021). U.S. luxury car market share in 2020, by major brand [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/287620/luxury-vehicles-united-states-premium-vehicle-market-share/
Automotive News. "U.S. luxury car market share in 2020, by major brand." Chart. January 8, 2021. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/287620/luxury-vehicles-united-states-premium-vehicle-market-share/
Automotive News. (2021). U.S. luxury car market share in 2020, by major brand. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/287620/luxury-vehicles-united-states-premium-vehicle-market-share/
Automotive News. "U.S. Luxury Car Market Share in 2020, by Major Brand." Statista, Statista Inc., 8 Jan 2021, https://www.statista.com/statistics/287620/luxury-vehicles-united-states-premium-vehicle-market-share/
Automotive News, U.S. luxury car market share in 2020, by major brand Statista, https://www.statista.com/statistics/287620/luxury-vehicles-united-states-premium-vehicle-market-share/ (last visited October 31, 2024)
U.S. luxury car market share in 2020, by major brand [Graph], Automotive News, January 8, 2021. [Online]. Available: https://www.statista.com/statistics/287620/luxury-vehicles-united-states-premium-vehicle-market-share/