Search For "used car market"
Used car marketplace 'Droom' plans to come up with IPO in March 2025
Updated : 2 years, 6 months ago IST
The Indian automobile market, especially used cars, can grow roughly at a 12 to 15% compounded annual growth rate for decades to come. In the top 20 economies, this is probably the fastest way an automobile market is growing. The Indian second-hand car market has huge potential. If you se
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Spinny's Take on the Rapid Growth of India's Used Car Market
Updated : 2 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 26: India's second-hand car market is projected to grow by 80 lakh units by FY2027, with non-metro cities following suit. Currently, the demand for used cars is 40% in tier-2 cities and 25% in tier-3 cities. This overall contribution of 65% is slated to rea
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Used car retailers to witness growth at a CAGR of 19.5 per cent till FY27
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], October 13 (ANI/PRNewswire): The recent release of the Indian Blue Book (IBB) report 2022 estimates the used car market at USD 23 billion in FY22 and speculates it to grow at a double rate of 19.5 per cent CAGR till FY27. The Indian Blue Book (IBB) report reveal
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Indian used-car market valued at USD 23 billion in FY 2021-2022; Expected
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 20 (ANI/NewsVoir): The Indian used-car market that is valued at USD 23 billion in FY 2021-2022 is projected to grow and expand at double the rate at a CAGR of 19.5 per cent till FY 2026-2027, according to the IndianBlueBook (IBB) report that was unveil
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Spinny is transforming the used car market with its technological advancem
Updated : 3 years, 11 months ago IST
Gurugram (Haryana) [India], June 8 (ANI/PRNewswire): Despite several hurdles, the used car market has sustained firmly and is growing gradually. The primary reason behind this steady growth is the advent of digital players, which has helped the sector become more professional and organised.
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China's used car market less lively as COVID-19 bites
Updated : 4 years, 1 month ago IST
Beijing [China], April 17 (ANI/Xinhua): China's used car market was less lively in March as domestic COVID-19 cases forced some used car companies to temporarily halt business, according to the China Automobile Dealers Association.
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5 reasons why people sell their cars
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar 16 (ANI): The used-car market in India is already bigger than the new car market. This means more than three million used-cars change hands every year.
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