According to the latest report by IMARC Group, titled “Luxury Car Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” the global luxury car market reached a value of US$ 402.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 543.5 Billion by 2027, exhibiting a CAGR of 5.07% during 2022-2027.