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India’s pre-owned car market to surge 2.5 times in value at Rs 4.4 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 4.4 trillion by FY27

autherAutocar Professional Bureau     calendar01 Dec 2022

The growth is a result of low car penetration, the move to digital, new car launches, shortening replacement cycles and a supportive regulatory environment, a report by OLX Autos in partnership with CRISIL reveals.

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India’s pre-owned car market to surge 2.5 times in value at Rs 4.4 trillion by FY27
India’s pre-owned car market to surge 2.5 times in value at Rs 4.4 trillion by FY27

autherAutocar Professional Bureau calendar01 Dec 2022

The growth is a result of low car penetration, the move to digital, new car launches, shortening replacement cycles an...

READ MORE Read More
India’s pre-owned car market to surge 2.5 times in value at Rs 4.4 trillion by FY27
India’s pre-owned car market to surge 2.5 times in value at Rs 4.4 trillion by FY27

autherAutocar Professional Bureau calendar01 Dec 2022

The growth is a result of low car penetration, the move to digital, new car launches, shortening replacement cycles an...

READ MORE Read More
Maruti Suzuki sales cross a million units in first eight months of FY2023 News National
Maruti Suzuki sales cross a million units in first eight months of FY2023

By Ajit Dalvi calendar01 Dec 2022

India’s passenger vehicle market leader sold 132,395 units in November, up 21%; cumulative April-November 2022 sales a...

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CEAT unveils the CrossDrive, its latest all-terrain tyre range for large SUVs in India News
CEAT unveils the CrossDrive, its latest all-terrain tyre range for large SUVs in India

autherAutocar Professional Bureau calendar01 Dec 2022

With the new arrival, the tyre maker has set sights on securing 20 percent plus market share in large SUV tyres.

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Tata Motors’ November sales rise 55%, 8-month numbers already 97% of record FY2022 News National
Tata Motors’ November sales rise 55%, 8-month numbers already 97% of record FY2022

By Ajit Dalvi calendar01 Dec 2022

While the carmaker sold 46,037 units in November, its April-November 2022 total at 363,704 units are just 9,434 units ...

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Hyundai India sales up 30% in November, cross half-a-million units in first 11 months of 2022 News National
Hyundai India sales up 30% in November, cross half-a-million units in first 11 months of 2022

By Ajit Dalvi calendar01 Dec 2022

Cumulative sales for April-November 2022 at 381,009 units constitute 20% growth; January-November 2022 sales cross the...

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Nissan India registers sales of 2,400 units in November News National
Nissan India registers sales of 2,400 units in November

By Ajit Dalvi calendar01 Dec 2022

November numbers are down 9.46% year on year. Company expects to see fresh demand coming in from Tier 1 and Tier 2 cit...

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Toyota Kirloskar Motor sells 11,765 units in November 2022 News National
Toyota Kirloskar Motor sells 11,765 units in November 2022

By Ajit Dalvi calendar01 Dec 2022

Bengaluru-based carmaker registers growth of 46% in wholesales from April to November 2022; sees growing demand for th...

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MG Motor India retails 4,079 units in November, up 64% News National
MG Motor India retails 4,079 units in November, up 64%

By Ajit Dalvi calendar01 Dec 2022

Between January and November 2022, the company has logged cumulative sales of 44,164 units, up 17% year on year.

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Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

63.72%

No

 

36.28%

Total Votes : 736