Premium cars falls within the price range of Rs 7 to 15 lakhs. They have the capacity to carry 5 passengers. These cars mainly target higher income group.

Premium cars have been launched by the companies like- Audi India, Ford motors, General Motors, Honda City, Hyundai motors, Skoda Auto, Mitsubishi and Toyota motors. And the companies like- Audi, Ford, General Motors, Honda City and Skoda Auto are yet to launch their models under this segment.