Subhabrata Sengupta, Executive Director and Vigneshkumar Dandapani, Consultant at Avalon Consulting, authored an article on “Used cars market” in The Times of India. The article analyses the key demand drivers, the challenges, and the way forward for the industry.
Some of the factors discussed are: GDP trends, Need for personal mobility, Monetary benefits, Trends shifting towards EVs, Presence of unorganised players, Vehicle age limiting regulations.