Beyond the Ordinary: A Deep Dive into the Global Luxury Vehicles Market

Luxury vehicle is a term used for the vehicles that provide luxury (pleasant or desirable features beyond necessity) at premium price. It can also be referred as the vehicle with features such as, higher quality equipment, better performance, more precise construction, comfort, higher design and technologically innovative with features that convey an image, brand, status or prestige for the individual in the society. Luxury vehicles provide high degree of comfort than other vehicles. Major contents of these cars are genuine leather upholstery and polished "wood grain-look" dashboards.

Luxury vehicles may be classified into different forms such as sedan, coupe, hatchback, station wagon, minivans, crossovers, sport utility vehicles and convertible body styles.