Buying a luxury car model can seem like a dream come true, but it might not be the best choice for someone who’ll have to think twice before giving an arm and a leg to buy a luxury car. That’s where second hand or pre-owned luxury cars come to the rescue. Sumit Garg, Co-Founder and Managing Director at Luxury Ride, a certified pre-owned luxury car aggregator that offers exclusive luxury cars at competitive prices, talks about what drives the luxury car market, their presence in India and also shares a few case studies related to their 15-day money-back guarantee. Read on…

What led you to starting Luxury Ride?
It all started with my passion for luxury cars since childhood. Following my passion, I entered the industry after completing my education. I soon realised that purchasing a luxury car involved a huge financial obligation. As the costs were high, many aspirational buyers found it difficult to own a luxury car. In this, the youth made up the bulk of the potential consumers, who were unable to buy a first-hand luxury car even after improving a lot on their disposable income and buying capacity. This motivated me to come up with Luxury Ride. It enabled the potential consumers to buy certified pre-owned luxury cars within their budget, and that too without compromising on the premium experience and performance of the car.

What are the current trends in the luxury car market?
Luxury cars are becoming a global trend. Moreover, in this, the rise of High-Net-Worth Individual (HNWI) and Ultra High-Net-Worth Individual (UHNWI) populations has proved to be a major factor in propelling the growth of the luxury car market. Going by the trend, the affluent consumer base seeks a premium experience, along with greater resilience. For this, they highly prefer SUVs that perfectly tick the requirement list of emerging consumers.

How do you deliver the best quality vehicles at competitive costs, keeping emissions in mind?
The cars in our inventory are 100 percent certified, and the vehicles go through a thorough inspection by qualified automobile engineers. They are then sold to customers with a manufacturer’s warranty. Our vehicles undergo 151 inspection checkpoints to ensure the quality of the car. The cars are backed up with a six-month engine and gearbox warranty.

Who are your end users usually? What do they most look for when selecting a luxury car?
Looking at the industry trends, millennials and the youth form the majority of our consumer base. They always aspire to upgrade their lifestyle. They are driven by the desire to own a luxury car that has the latest technology and gives a premium experience. First-time luxury car buyers also make up a substantial part of the consumer base that already has a low- or mid-budget car in possession. In fact, luxury is the first and foremost element buyers look for in the car. The latest technology, with user-friendly features making driving a comfortable experience, also tops the list when purchasing a car. Considering that the new-age buyers want to experience extravagance within their budget, they are in search of value for money.

Have you ever ended up paying back a customer under your 15-day money-back guarantee? Under what conditions is this protocol applied?
Yes, there have been a few incidents. For instance, one of our customers bought an Audi Q5 and later found some issues. In his opinion, it was not up to the mark, which made him anxious. He came back to us and requested us to pay the amount back. As is our policy, we returned each penny. The best part is that after a month, he came back to us and purchased an Audi Q7. Hence, having such policies develops your trust with the end consumer. Another instance was where a customer’s family had an objection to the colour of the vehicle due to their religious beliefs after the son had bought the car for them. The customer wished to return the car and for us to return the amount paid. We checked the car for any mishandling and took it back and returned the amount once we were sure of the car’s condition. However, we don’t have the money-back guarantee if a car has met with an accident after being purchased or if the customer has mishandled the vehicle. Otherwise, a 15-day money-back guarantee is available for all of our customers. We believe that nobody buys a car in order to return it. So by providing the 15-day money-back guarantee, we are giving our customers an assurance that the car is in good condition and that the customer will not face any hassle with the vehicle.

Do you see an increasing demand for luxury cars in India, especially keeping in mind that the luxury segment in India is quite small?
The demand for luxury cars has been rising gradually in India. Considering that people today try to attain a certain lifestyle, they are considering shifting towards luxury cars. There is a certain desire for branded cars where buyers are looking for new models, terrific designs and amazing technology in the same car. These evolving aspirations are responsible for driving the popularity of this segment.

We are also seeing a V-shaped recovery in luxury cars. Why do you think that is?
The V-shaped recovery is due to a combination of factors, from changing consumer behaviour to rising affluent young consumers, local production and more. I believe the demand for luxury cars will only get stronger in the years to come.

How much emphasis do you put on safety in your luxury cars? What are the features?
The pre-owned luxury cars offered by us are integrated with advanced technology to leverage the safety requirements of the customers. Luxury cars nowadays come with smart safety features like rear parking sensors, lane departure warnings, traffic sign recognition and autonomous emergency braking. There are also GPS tracking systems, car alarms, electronic immobilisers, mechanical mobilisers and kill switches in order to avoid any instances of theft.

Like brand new luxury cars, used luxury cars, which cost half of the original price, are also very popular among buyers. Can you throw light on how this affects business for a company like Luxury Ride?
The pre-owned luxury car market has its own set of customers who have value for money, but at the same time, yearn for a premium experience. They want luxury but without disturbing their financial stability. Therefore, the pre-owned luxury car market caters to a different set of consumers who will be driving the demand for the segment.

Would you consider venturing into exotic cars?
Right now, our entire focus is on the pre-owned luxury car segment, where we want to create a niche for the segment in the market.

What is your company’s business model and do you provide any add-on services?
Our company has an omnichannel business model that brings about the confluence of offline and online assets. This is to harness the maximum benefits of both channels. It enables customers to explore through our vast collection of cars online, which also has a provision for physical tours to thoroughly inspect and get the feel of the car before purchasing it. Besides that, we have a provision for doorstep test drive for a hassle-free experience. Some of our prominent services include easy finance and insurance, park and sell service and an in-house service centre.

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French automotive major Renault is accelerating the international rollout of its high-value C-segment SUV, the Renault Boreal. Originally launched in Latin America out of the Curitiba production facility in Brazil, Renault has established a second major industrial hub for the vehicle at its OYAK Renault plant in Bursa, Türkiye.

The strategic expansion positions the Bursa facility to satisfy high domestic demand in Türkiye – Renault’s second-largest market globally – while serving as a primary export base for Eastern Europe, the Middle East, North Africa and Sub-Saharan Africa.

The Renault Boreal features dimensions that exceed conventional C-segment benchmarks, leaning into upper-tier spacing realities – 4.56 metre body length, 2.70 metre wheelbase and 630 litres of boot space, expandable up to 1,868 litres with the easy break rear seats completely folded down.

The exterior design language combines a high-riding stance with modern brand markers, highlighted by a body-colour front grille housing the backlit ‘Nouvel’R’ emblem. It features a sweeping roofline, prominent fender flares, a Niagara Concept-inspired LED headlight signature, 19-inch diamond-cut alloy wheels, and a black-contrast panoramic glass roof.

The Turkish manufacturing rollout introduces a pragmatic mix of combustion and hybrid systems tailored for cross-continental regulatory and driving conditions. It can be had in full hybrid e-tech with multi-mode automatic transmission option that produces 160 hp of peak power, a WLTP range of 100 km on 4.8-litre fuel, 1.3 Turbo TCe with 6-speed wet dual-clutch (EDC) producing 145 hp of peak power, offering a WLTP range of 100 km with 6.6-lite of fuel consumption and a Hybrid E-Tech 4x4 (launch in Q4 CY2026) with multi-mode automatic transmission option producing a peak power of 150 hp.

The 160 hp full hybrid variant utilises the HR18-coded engine built locally by Oyak Horse. The system is engineered to prioritise urban efficiency, running in pure electric mode up to 80 percent of the time during stop-and-go city commutes. It supports pure electric acceleration at speeds up to 110 kmph.

Drivers can modulate performance metrics through the Multi-Sense system. In addition to Eco, Comfort, Sport and Perso settings, the vehicle features a new Smart Mode that automatically recalibrates steering weight, throttle response, ambient cabin lighting and exhaust/sound notes based on real-time road conditions.

The driver-oriented cabin integrates digital technology with premium family utilities, featuring a 10-inch digital driver instrument display sitting flush alongside a 10-inch openR link central multimedia touchscreen.

The Boreal deploys up to 25 Advanced Driver Assistance Systems (ADAS) depending on trim levels, highlighted by Active Driving Assist. This Level 2 system blends adaptive cruise control with automated Stop & Go routing and continuous lane-centring technologies.

Fabrice Cambolive, CEO, Renault Brand, said, “Boreal embodies Renault’s ambition to accelerate growth beyond Europe by delivering more value to our customers and strengthening our position in the strategic C-SUV segment. First launched in Latin America from our Brazilian hub, its expansion to Türkiye marks a new step in our international development. Boreal is also a strong illustration of Renault’s brand markers in action: Electrified by Passion with the introduction of our new E-Tech full hybrid technology; Designed to be Loved through its expressive design, elegant proportions and distinctive lighting signature that create an immediate emotional connection; People-First Technology with a seamless connected experience powered by Google, advanced driver assistance systems and intuitive onboard technologies; and Crafted Space through a spacious, versatile and comfortable interior designed around the needs of modern families. More broadly, Boreal demonstrates our ability to develop global voitures à vivre, produced close to their markets and thoughtfully adapted to local customer needs, combining desirability, innovation and everyday relevance for customers around the world.”

Ivan Segal, Renault Brand Head of Sales & Operations, added, “Boreal now enters a new phase of commercial deployment. Production in Bursa will enable us to address the Turkish market, Renault’s second-largest market worldwide, while opening up exports to a group of markets across Eastern Europe, the Middle East and Africa. With strong product appeal and a competitive industrial footprint, it will support our presence in the high-value C‑SUV segment across our international markets.”

Lionel Jaillet, CEO of Renault Group Türkiye, said, “We are very proud to introduce Boreal to the Turkish market. Being manufactured at our OYAK Renault facility in Bursa will both support domestic demand and strengthen Türkiye’s position in the global automotive ecosystem by contributing to our export targets.”
 

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Czech automaker Skoda Auto India has announced the expansion of its Rally Sport (RS) performance portfolio with the introduction of the all-new Kodiaq RS. Marking the first time Skoda’s performance badge has been applied to an SUV in the Indian market, the flagship model combines a three-row, seven-seat premium layout with a dedicated mechanical tune.

The company said official order books for the high-performance SUV are scheduled to open nationwide on 22 June 2026.

The core differentiator of the Kodiaq RS lies in its upgraded internal combustion hardware. The vehicle features a heavily revised iteration of the Volkswagen Group's EA888 engine architecture, tuned identically to the high-output configurations found in the global Octavia RS and Volkswagen Golf GTI.

The vehicle’s announcement follows a marketing campaign where Skoda Auto India’s entire active fleet – comprising the Kylaq, Kushaq, Slavia, standard Kodiaq and the limited-volume Octavia RS – established an official India and Asia Book of Record at the CoASTT circuit in Coimbatore. The group achieved the 'Fastest Multi-Car Relay of a Single Manufacturer on a Circuit' with a total combined lap time of 12:30.97.

The Kodiaq RS will arrive in the country via the Completely Built Unit (CBU) import route, serving as an elite flagship positioned above the locally assembled multi-tier Kodiaq lineup (Lounge, Sportline and L&K trims).

Ashish Gupta, Brand Director, Skoda Auto India, said, “The RS badge carries over 50 years of global performance legacy and a fiercely loyal following in India since the Octavia RS arrived more than two decades ago. The latest Octavia RS, launched last year, sold out in just 20 minutes, highlighting its cult status among enthusiasts. Now, we’re taking that legacy forward with the Kodiaq RS, our first-ever seven-seater in India to wear the iconic RS badge and the quickest Skoda yet in the country. It blends performance, space, and 4x4 capability into a bold, unmistakable expression of our racing DNA.”

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Kia India, one of the leading passenger vehicle manufacturers, has announced the final leg of its multi-city cultural partnership with HYBE INDIA, introducing the ‘Kia Vibe Studio’ experience to the national capital.

Designed to target Gen Z creators and premium lifestyle audiences, the activation will serve as a marketing anchor for the brand's latest mass-premium SUV, the 2026 Kia Syros.

The HYBE INDIA Pop-Up Park is scheduled to take place on 13–14 June 2026 at Yashobhoomi (IACC) in New Delhi. The event combines automotive showcase infrastructure with music, fandom and multi-format creator engagement zones.

The centrepiece of the activation is the Kia Vibe Studio, a specialised content creation pod built directly inside the cabin of the 2026 Kia Syros.

The integration allows visitors to record, edit and instantly download high-definition performance and lip-sync videos. By converting the stationary vehicle's acoustic interior, ambient lighting and connected infotainment hardware into an active studio space, the campaign positions the SUV as a tech-driven platform for self-expression.

The event serves as a prominent touchpoint for the 2026 Kia Syros, which features several upgrades designed for the Indian market, including an enhanced design with a more rugged SUV stance, muscular body panels and sports-themed trim configurations. Expanded accessibility to automatic gearboxes, including the introduction of a high-demand diesel automatic (AT) variant.

The SUV is built on a platform engineered for a 5-star Bharat NCAP (BNCAP) crash safety rating, featuring an optimised distribution of connected tech features across lower and mid-tier trims.

Following the public pop-up park event, HYBE INDIA will conduct on-ground talent auditions on 14 June 2026 at the Shangri-La Eros, Delhi. The talent scout marks part of an international entertainment initiative aimed at discovering, training, and launching India’s first global girl group under the K-pop blueprint.

The Delhi showcase concludes the regional ‘Pop-Up Park’ phase of the 10-city marketing campaign, which completed consecutive runs in Guwahati, Mumbai, Pune, Hyderabad and Bengaluru.

While the experiential park footprint concludes in Delhi, the talent pipeline will continue across secondary markets. Auditions are scheduled to advance into Ahmedabad, Kolkata, and Chandigarh, allowing Kia India to sustain its brand engagement with youth demographics nationwide.

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Italian supercar manufacturer Automobili Lamborghini has been awarded the ‘Red Dot: Best of the Best 2026’ accolade for its ultra-limited, ‘few-off’ hypercar, the Fenomeno. Honoured in the Product Design category, the prize represents the highest distinction in the global Red Dot evaluation, reserved for avant-garde projects that establish new benchmarks in visionary aesthetics and contemporary engineering.

The victory coincides with a milestone chapter for the brand, as the car was designed to celebrate the 20th anniversary of the Lamborghini Centro Stile. The official award ceremony is scheduled to take place on 7 July 2026, at the Aalto Theater in Essen, Germany.

The Fenomeno introduces an evolved corporate design language dubbed ‘hyper-elegant’ design, which strips back complex body panels to achieve formal purity while maximising functional on-track aerodynamics.

The supercar’s front fascia is heavily inspired by motorsport architecture. The front end utilises large racing-derived air intakes and a completely revised daytime running light signature modelled after the bull's horns found in the traditional Lamborghini corporate emblem. It subtly integrates the brand's iconic Y-shaped visual motifs, seamlessly connecting a low-slung carbon fibre front splitter to the headlamps.

The side profile and silhouette are defined by a single, continuous silhouette line running nose-to-tail, the design pays homage to the extended long-tail aerodynamics of the track-only Essenza SCV12. The car was displayed in a launch livery of Giallo Crius, a vibrant yellow hue that emphasises the vehicle’s upper body volumes against high-contrast, performance-oriented exposed carbon fibre elements below.

Beneath its custom carbon fibre bodywork, the plug-in hybrid (PHEV) Fenomeno utilises a thoroughly reworked mechanical architecture derived from the Revuelto, establishing itself as the fastest road-going vehicle in Lamborghini’s history.

The vehicle balances its extreme power-to-weight ratio through specialized hardware, including an advanced 6D motion sensor that measures acceleration across six axes, race-derived firm dampers, and high-end CCM-R Plus carbon-ceramic brakes adapted directly from Lamborghini’s SC63 endurance race car.

The Fenomeno features a 6.5-litre naturally aspirated V12 engine with 3 electric motors, which produce a combined 1,080 CV (1,065 hp) – with the internal combustion engine contributing a record 835 CV on its own, making it Lamborghini's most powerful V12 ever produced. The vehicle can accelerate from zero to 100 kmph in a claimed 2.4 seconds, while a zero to 200 kmph can be attained in 6.7 seconds. It has a top speed of over 350 kmph. It features a class-leading weight-to-power ratio of 1.64 kg/CV.

The Fenomeno is strictly limited to 29 units globally for the coupe version (complemented by an even rarer 15-unit Roadster variant).

Mitja Borkert, Design Director, Automobili Lamborghini, said, “This valuable and renowned recognition confirms the direction of the design DNA we are shaping with the team at Lamborghini Centro Stile, and underscores our future strategy. Fenomeno is a manifesto of style that expands our design language once again in an unexpected way, going beyond expectations and continuing the bloodline of our successful few-off cars in an athletic and elegant way."

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