Chip shortage causes demand spillover in used car market

“We have seen used car demand shoot through the roof from April to August. In April, we did business of $130 million, which is now at $165 million. In terms of units, 7,500 used cars have now gone up to 10,000. Used car listings on our platform have increased from 900,000 in April to 1.1 million now,” said Droom founder-CEO Sandeep Aggarwal.

from Auto-Industry-Economic Times https://ift.tt/3C0Lpe2