Wednesday, June 16, 2021

Old is Gold: Used car market may double in size by FY25 to over 8 million units

The key demand drivers will be the growing desire for personal means of transport, the lower price of these cars and more confidence amongst buyers as organised players get into the space providing assured vehicles. The used car market declined 14% in FY21 to 3.8 million units due to the impact of the pandemic.

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

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