Global luxury car market revenue 2023, by country

Published by Statista Research Department, Nov 6, 2024
The revenue by make ranking in the 'Luxury Cars' segment of the passenger cars market is led by the United States with 7 billion U.S. dollars, while Germany is following with 2.4 billion U.S. dollars. In contrast, Malaysia is at the bottom of the ranking with 197.98 million U.S. dollars, showing a difference of 6.8 billion U.S. dollars to the United States.

Find other insights concerning similar markets and segments, such as a ranking of subsegments in Romania regarding volume share of different fuel types in the Passenger Cars market as a whole and a ranking of subsegments in Latvia regarding volume share of different fuel types in the Passenger Cars market as a whole.

The Statista Market Insights cover a broad range of additional markets.

Luxury car market revenue worldwide in 2023, by country (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

The Luxury Cars Market segment includes passenger cars of an average footprint around 5m2 (54 ft2), an average mass around 2200kg (4850lbs) and a passenger/cargo volume larger than 3.4 m3 (120 ft3). Models in this market are characterized by their high price. There are numerous companies that produce exclusively for this market. All key figures shown represent the sales of new luxury cars in the basic configuration in the respective year. Used vehicles are not taken into account, nor is adapted equipment for the new cars sold. The prices and revenues shown as well as the distribution of connectivity, drive types, autonomy levels, and average CO2 emissions are accordingly based on the basic models.

  • European Car Segment: F (Luxury Cars)
  • US Car Segment: Large Cars
  • Chinese Car Segment: Category B
  • Also known as: Full-size Luxury Cars, High-end Luxury Cars, Oberklasse

Example models: Audi A8, BMW 7 Series, Jaguar XJ, Mercedes-Benz S-Class, Porsche Panamera.

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Statistics on " Luxury cars in the United States "

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Other statistics that may interest you Luxury cars in the United States

Overview

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Segments

4

Companies

7

Special focus on consumers

8

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Topics

Luxury Cars in the United StatesAutomotive industry worldwideAutomotive industry in the United StatesCar brands in the United StatesTesla
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