10 biggest markets for luxury cars in the world
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Although the economy is in a slowdown, especially in the United States and Europe, luxury car segment continues to grow.
Let's take a look at 10 biggest markets for luxury cars in the world, according to The Financial Times newspaper and McKinsey & Company, a global management consulting firm.
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Image: Lamborghini's Veneno in Geneva, Switzerland.
Photographs: Denis Balibouse/Reuters
10 biggest markets for luxury cars in the world
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China
Units sales in 2012: 1.2 million
Units sales in 2020 (projected): 3 million
Global rank: 1
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Image: An aerial view shows vehicles travelling on intersections at night in downtown Shanghai, China.
Photographs: Aly Song/Reuters
10 biggest markets for luxury cars in the world
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The United States
Units sales in 2012: 1.7 million
Units sales in 2020 (projected): 2.3 million
Global rank: 2
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Image: A view of New York City's skyline in United States.
Photographs: Lucas Jackson/Reuters
10 biggest markets for luxury cars in the world
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Germany
Units sales in 2012: 0.9 million
Units sales in 2020 (projected): 1.1 million
Global rank: 3
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Image: A view of Charlottenburg Palace in Berlin, Germany.
Photographs: Fabrizio Bensch/Reuters
10 biggest markets for luxury cars in the world
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The United Kingdom
Units sales in 2012: 0.5 million
Units sales in 2020 (projected): 0.6 million
Global rank: 4
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Image: Pedestrian cross the diagonal crossing at Oxford Circus in London, United Kingdom.
Photographs: Stefan Wermuth/Reuters
10 biggest markets for luxury cars in the world
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Italy
Units sales in 2012: 0.3 million
Units sales in 2020 (projected): 0.4 million
Global rank: 5
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Image: An aerial view of St Peter's square in Rome, Italy.
Photographs: Alessandro Bianchi/Reuters
10 biggest markets for luxury cars in the world
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Russia
Units sales in 2012: 0.2 million
Units sales in 2020 (projected): 0.3 million
Global rank: 6
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Image: A view of Moscow's Kremlin, Ministry of Foreign Affairs and Moscow City business district, Russia.
Photographs: Anton Golubev/Reuters
10 biggest markets for luxury cars in the world
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France
Units sales in 2012: 0.2 million
Units sales in 2020 (projected): 0.3 million
Global rank: 7
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Image: A man rides a bicycle as he makes his way along a snow-covered sidewalk near the Eiffel Tower in Paris, France.
Photographs: John Schults/Reuters
10 biggest markets for luxury cars in the world
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Japan
Units sales in 2012: 0.2 million
Units sales in 2020 (projected): 0.2 million
Global rank: 8
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Image: Skyscrapers in Tokyo's Shinjuku district frame Mt Fuji at dusk, Japan.
Photographs: Kimimasa Mayama/Reuters
10 biggest markets for luxury cars in the world
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Canada
Units sales in 2012: 0.2 million
Units sales in 2020 (projected): 0.2 million
Global rank: 9
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Image: A worker cleans away snow around the Centennial Flame on Parliament Hill in Ottawa, Canada.
Photographs: Christopher Pike/Reuters
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