Quotes: 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
 Mar 5 2015 - Concern grows for civilians as Iraq tightens noose on TikritArab News
(MENAFN - Arab News) Kirkuk Iraq: Concern mounted Wednesday over the fate of civilians in Tikrit where Iraqi forces were trying to trap Islamic State group fighters on the third day of a huge ...

 Mar 5 2015 - Saudi- Wedding designers impress with innovative strategiesArab News
(MENAFN - Arab News) Wedding is one of the most important events in a person's life. It is the time when the air is filled with nothing but happiness and love. For the woman the wedding day is ...

 Mar 5 2015 - Saudi- Bridal beauty: How to work out a fitness planArab News
(MENAFN - Arab News) Planning a wedding can be a hectic time in every bride's life.The mind is consumed with roses tulips or peonies the perfect shade of white sequins or lace short or long veil ...

 Mar 5 2015 - L'Azurde makes everlasting memory of the special dayArab News
(MENAFN - Arab News) The designers of L'Azurde's Al Aroos diamond and Laylaty gold collections are inspired by the beauty of the Arabic bride to create designs that are timeless in their appeal and ...

 Mar 5 2015 - Business blooms as Saudi families spend billions on weddingsArab News
(MENAFN - Arab News) Innovation coupled with specialization has become a common feature of public lifestyles and Saudi weddings are not behind in terms of the latest innovations and offerings in the ...

 Mar 5 2015 - Emirates NBD offers cash dividendKhaleej Times
(MENAFN - Khaleej Times) Emirates NBD, which has emerged as the first UAE bank to achieve an annual pre-impairment operating profit above Dh10 billion, announced on Wednesday its decision to increase ...

 Mar 5 2015 - Qatar eyes 72 growth in 2015 despite oil price slumpArab News
(MENAFN - Arab News) DOHA: Qatar's economy is predicted to grow by seven per cent in 2015 as it forges ahead with huge infrastructure investment despite the slump in oil prices leading economists ...

 Mar 5 2015 - Saudi- Bahri plans SR3.9bn 10-year sukuk issueArab News
(MENAFN - Arab News) DUBAI: National Shipping Company of Saudi Arabia (Bahri) plans to sell ten-year sukuk worth SR3.9 billion ($1.04 billion) by the end of March to repay debt and for general ...

 Mar 5 2015 - Qatar Airways receives second Airbus A350Arab News
(MENAFN - Arab News) BERLIN: Qatar Airways will take delivery of its second Airbus A350 on Wednesday and expects to receive seven more this year Chief Executive Akbar Al-Baker said.Qatar Airways has ...

 Mar 5 2015 - Saudi- Al-Naimi expects oil price to stabilizeArab News
(MENAFN - Arab News) BERLIN: Minister of Petroleum and Mineral Resources Ali Al-Naimi said on Wednesday he expected oil prices which hit a near six-year low in January to stabilize signaling cautious ...

more...


 






Google

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help