The future performance of premium and luxury cars in the UK will be shaped by changing consumer preferences and behaviours. A younger luxury demographic will have increased priorities towards sustainability, technology, brand values and transparency over existing luxury buyers, requiring premium and luxury car manufacturers to adapt their selling and communication strategies to address this growing demographic.
There is an expectation of positive innovation in electric and hybrid vehicles in the coming years. However, this might continue to impact premium and luxury cars in the UK.
Manufacturers of premium and luxury cars in the UK are expected to continue prioritising sustainability; this may primarily be due to regulatory pressures. However, consumer demand for environmentally-friendly alternatives will also push development, including from luxury buyers.
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Understand the latest market trends and future growth opportunities for the Premium and Luxury Cars industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Passenger car vehicles providing exceptional comfort, aimed at the premium market and at drivers wanting a higher level of performance and handling or a vehicle that gives the impression of being capable of high-speed motoring. These cars are generally designed to appeal to high earning, status led consumers and generally retail at US$75,000 plus Example models include: Aston Martin, Ferrari, Jaguar, Bentley, Porsche, McLaren, Maserati, Rolls-Royce and Tesla
See All of Our DefinitionsThis report originates from Passport, our Premium and Luxury Cars research and analysis database.
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