Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Automotive India Used Car Industry Research Report  Join our daily free Newsletter

MENAFN Press - 08/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) Organized Sector offering Certified Used Vehicles at Competitive Rates to further Intensify Growth in India: Ken Researc



Increasing number of hearing impaired people and rising personal disposable incomes will drive the hearing devices market in India for the years to come.



In tandem with the escalating growth of the car market in the country, used car sales have also showcased inclining trend over the last few years. With car makers focusing on used-car business in India, the percentage buyers of new vehicles considering buying pre-owned vehicle during their shopping process increased has inclined by 10% in the past 3 years. The major automakers in the country have been increasingly focusing on the used-car business in India, specifically with certified used cars which come with a manufacturer warranty. Additionally, automakers have also focused on transparency through their websites that provide real time information on used vehicle inventory and price information.



The entry of several international players in the market has aided the used car market growth over the last few years. The organized sector of the market which has been offering certified used vehicles at competitive rates along with finance and insurance availability and warranties and service guarantees, is expected to gradually favor the growth of the used car segment of the industry in the coming years as well. With the demand for second hand cars continuing to outperform the supply, Original Equipment Manufacturers (OEMs) have been witnessing immense opportunities in the business



The future of the used car market in Indian seems to be optimistic with the organized players playing a key role in the industry growth. There has been considerable growth in the used car industry in the country in the last few years, compared to the new cars segment. With greater number of people choosing to buy second-hand cars instead of new ones, the used car sales volume in India is likely to get more than double by FY'2018. The market in India is expected to showcase a CAGR of 17% in volume terms over the period FY'2013-FY'2018



"The easy access from the comfort of a consumer's home, user-friendliness, content and research quality of these websites and the guarantee that the consumer will get the best deal are some will continue to aid the popularity of online auto portals among users in this market", according to the Research Analyst, Ken Research



The report titled "India Used Car Industry Outlook to 2018 “ Shifting Focus of Key Automakers on Used Car Business" provides detailed overview on used car market in India and help readers to identify the ongoing trends in the key segments of the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will aid industry consultants, used car companies, marketing companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in future



For more detail please click on the following lin



Http://www.kenresearch.com/automotive-transportation/auto-components/india-used-car-market-research-report/438-100.htm



Http://www.kenresearch.com/press/news-india-used-car-market/217.ht



Contact person : Ankur Gupt

Designation : Head “ Marketing & Communicatio

E-mail : ankur@kenresearch.com

Contact : 01147017199, 91 9015378249



About Ken Research
Ken Research is a leading global industry research and information service company operating with a network of partner firms across the US, Asia and Europe. The company provides bespoke industry intelligence, equity research reports and business consulting services on gamut of sectors.

 


MENAFN Press




  MENA News Headlines
 Oct 31 2014 - Saudi Arabia's Sedco Capital eyes $300m Europe real estate dealThe Peninsula
(MENAFN - The Peninsula)  Jeddah-based Islamic investment firm Sedco Capital plans to arrange a club investment of up to $300 million in European real estate, and will soon distribute its Luxembourg ...

 Oct 31 2014 - Qatar Exchange index falls on heavy sell-offThe Peninsula
(MENAFN - The Peninsula)  Qatari stocks plunged on heavy profit-taking yesterday, a day after Federal Reserve announced its decision to wound up its over five-year-long quantitative easing stimulus ...

 Oct 31 2014 - Kuwait prioritizes protection of human rights - EnvoyKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  The State of Kuwait on Thursday reaffirmed respect for human rights out of belief in their crucial role in the achievement of sustainable development.The Kuwaiti ...

 Oct 31 2014 - Kuwait welcomes Sweden's recognition of Palestinian statehoodKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  Kuwait welcomes Sweden's decision to recognize Palestine as an independent state, a senior Foreign Ministry source said on Thursday.The decision comes in line ...

 Oct 31 2014 - Ban condemns Sudan hostilitiesKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  UN Secretary General Ban Ki-moon strongly condemned the resumption of hostilities between the Sudan People's Liberation Army (SPLA) and Opposition forces in ...

 Oct 31 2014 - US, Israeli officials discuss ISIL, IranKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  Senior US officials working on the Obama Administration's counterterrorism strategy met with their Israeli counterparts on Thursday for the semi-annual meeting ...

 Oct 31 2014 - Kuwaiti Speaker condemns Israeli closing of Aqsa MosqueKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  We condemn the unjustly Israeli act of closing the Holy Aqsa Mosque in the face of worshippers, Kuwait's National Assembly Speaker and Chairman of the Arab ...

 Oct 31 2014 - S. Korean Pres. calls for more economic ties with Saudi ArabiaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  South Korean President Park Geun-hye on Friday called for expanding economic ties with Saudi Arabia, saying the two countries should seek exchanges in new areas ...

 Oct 31 2014 - EU condemns ISIL atrocities in IraqKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  The EU Friday expressed condolences to the families of the tribesmen who were killed in recent ISIL atrocities in the Anbar province, as well as to the families ...

 Oct 31 2014 - OPEC basket price down by 45 cents to USD 82.79 pbKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))   OPEC daily basket price stood at USD 82.79 a barrel Thursday compared with USD 83.24 the previous day, the cartel said on Friday.The annual rate of the OPEC ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help