'Used car biz may more than double in 5 years'

According to Sanghi, who is also the company's chief executive, consumer behaviour has altered significantly since the outbreak of the pandemic, and the ability to consume digitally has gone up. "Almost every vehicle purchase today is researched online. We have seen robust growth on our platform," he said, adding that traffic on the platform had more than doubled in the last three years. CarTrade registered 30 million average monthly unique visitors on its platform in the January-March quarter. It had 1.2 million listings for auction in the fiscal year ended March 31.

from Auto-Industry-Economic Times https://ift.tt/1RLpk2E