Gujarat has witnessed a significant 43% increase in high-end car sales during the first four months of the financial year 2024 (FY24), with SUVs leading the charge. This growth is a notable shift from the previous fiscal year, reflecting a rising demand for luxury vehicles in the state.

According to recent data, a total of 5,005 high-end cars were sold between April and July of FY24, compared to 3,496 units during the same period last year. SUVs have emerged as the top choice among buyers, contributing significantly to the surge in sales.

Luxury brands such as Mercedes-Benz, BMW, and Audi have reported strong performances in Gujarat, with the SUV segment dominating their sales figures. Industry experts attribute this trend to changing consumer preferences, with more buyers opting for vehicles that offer both luxury and practicality.

The increase in high-end car sales is also seen as a reflection of the growing affluence in the state, as well as the rising aspirations of its residents. As the demand for premium vehicles continues to grow, automakers are expected to introduce more models tailored to the tastes and preferences of the Gujarati market.

This surge in sales not only highlights the evolving automotive landscape in Gujarat but also underscores the state’s expanding market for luxury products. With the continued popularity of SUVs and other high-end vehicles, the trend is likely to persist in the coming months.

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