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The region is expected to be the largest market for luxury cars.
In 2016, Germany accounted for ##% market share in the luxury cars market in Europe, whereas China accounted for almost ##% share in the luxury cars market in APAC.
However, the luxury vehicle segment is expected to grow at a CAGR of ##. ##% till 2020.
Luxury vehicles would not establish a ##V system market until 2019.
It is now considered a luxury and is mostly equipped in high-end cars.
A luxury car is a vehicle that provides the pleasant or desirable drive.
The demand for luxury cars has grown at a faster pace in the last five years.
China has experienced the highest growth for luxury cars.
The luxury cars are fast with high-speed performance.
This has led to an increase in the sales of luxury vehicles, globally.
Moreover, the luxury car segment has started with an economized segment of the luxury cars by downsizing price and size.
The number of lines of code implemented in a luxury automobile presently is more than that of a fighter jet.
Luxury cars use dual-clutch technology, which is a more sophisticated control technique.
The number of pistons used in cars depends on their segmentation: luxury cars, mid-level cars, and entry level cars.
Europe is one of the world' s largest luxury car markets.
Sales of ultra-luxury cars in China increased from ##% in 2010 to ##% in 2015.
At present, their usage is limited to luxury car models like BMW and Audi.
Its product ranges vary from low consumption cars to luxury cars and trucks.
The passenger car segment includes small and hatchback cars, sedans, luxury cars as well as sport utility vehicles (SUV) and multi-utility vehicles (MUV).
This system was first introduced only in premium and luxury cars.
The high market share of performance sedans and luxury vehicles in North America is driving the automotive billet steel camshaft market in the region.
These systems were first introduced only in premium and luxury cars.
The passenger car segment includes high-end passenger cars, mid-segment passenger cars, and entry-level cars.
Luxury cars have also downsized their engine capacity to increase the fuel efficiency and decrease the carbon emission.
Sales of luxury cars are growing in countries like China and Germany.