Covid to set luxury car market back 3-4 years: Mercedes-Benz India June 17, 2020 at 03:27PM

The luxury car industry in India will be set back by 3-4 years as the pandemic will badly hit demand with a credible recovery expected only around next year, Mercedes-Benz India said. The volumes this year are expected to go down by “double-digit percentage points” as business loss of nearly one full quarter.