🔍Insights
The Indian car market is witnessing a thrilling shift. While the new car segment chugs along, the second-hand car business is experiencing a phenomenal boom. As per Mordor Intelligence, the Indian used car market size is estimated at USD 31.62 billion in 2024, and is expected to reach USD
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Right now, India's car market is the fourth biggest globally. Nevertheless, the luxury segment only makes up 2% of the total because of the one-of-a-kind characteristics of the Indian market and the hefty import duties, which can reach 100%. Consequently, this makes it harder for luxury foreign automakers to expand.
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The auto financing sector is witnessing substantial growth both domestically and internationally, geared by increased demand for vehicles and technology-driven business models. Lenders are increasingly drawn to this consumer asset class, leveraging online marketplaces, innovative loan platforms, robust analytics for credit assessment, and expanding dealership networks. Globally, the car loans
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organisation's. The content in this post has been approved by Spinny. Though some of us still want to go for a first-hand experience of things, a significant number of people opt for used products instead
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Amongst the extravagance and luxury of Dubai's towering skyscrapers and exotic cars, lies a stark reality of hundreds of abandoned supercars that make up the abandoned car market in Dubai. These expensive vehicles, left to gather dust and decay in parking lots and impound yards, serve as a reminder of
🔍Insights
This Pandemic has brought many changes in our lifestyles and hence the market. One such change is the drastic increase in demand for a used car. But strangely, it’s much before the pandemic that the demand for a used car was so high. This pandemic has just fueled it