Preowned Cars Sales to Reach 10.92 mn Units by FY28 - Indian Blue Book Report 2023 aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Fuelled by a burgeoning middle class with rising disposable income, a growing desire for personal mobility and shorter vehicle replacement cycles, the used car market is steadily growing. Moreover, In India, buying a pre-owned vehicle is no longer considered a ‘compromise’.
Pre-owned car market expected to touch 1.09 cr units by FY28: Report dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Volkswagen Used Car Market: Volkswagen introduced its used cars business Das WeltAuto in India with its dealership in Mumbai in 2012. The business trades in cars from all manufacturers and are not restricted to just Volkswagen cars. With a less than 2% market share in the Indian new car market, Volkswagen has been putting all its efforts on bringing stability in its operations over the last 2-3 years. It is now ready to work on future investments.