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.
India s pre-owned car market, as per the Indian Blue Book report, is expected to expand to 1.09 crore units valued at USD 73 billion by FY28, with budget buyers predominantly seeking quality cars for upgrading to a new pre-owned vehicle.
Passenger vehicle sales in India have seen strong growth over the last year, aided by a slew of new launches. The used car market is also seeing rapid traction as new car buyers enter the market, the organised market is expanding and not too old good quality cars from major car makers are available at a relatively good price
News from the world of education - February 24, 2024 thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.