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Used car market to be twice as big as new car segment by FY2025

Used car market to be twice as big as new car segment by FY2025
autocarindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autocarindia.com Daily Mail and Mail on Sunday newspapers.

Used car market in India: For every five new cars, eight used cars are sold: So, will it hit the speed breaker due to short supply?, Auto News, ET Auto

Used car market in India: For every five new cars, eight used cars are sold: So, will it hit the speed breaker due to short supply?, Auto News, ET Auto
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

With the Launch of XUV700, Mahindra will Seize the Production of the XUV500

Mahindra to discontinue XUV500 after launch of XUV700 next year

Mahindra to discontinue XUV500 after launch of XUV700 next year SECTIONS Share Synopsis Experts say it s more to do with alerting the potential customer that there is another model in the same segment to be launched soon. It s a strategy to tell the customer to weigh choices before making a buying decision, said a dealer who did not wish to be quoted. Agencies The XUV500 was a runaway success when it was launched a decade back . Offlate sales have been averaging at around 1500 - 1700 units a month. Mahindra & Mahindra will stop production of the XUV500, with the launch of the XUV700. Interestingly the UV major unveiled the brand name of its much-awaited SUV, built on the W601 platform, as the XUV700, on the day Hyundai showcased the Alcazar, it s seven seater SUV.

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