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Motown slowdown hasn't hit second-hand car market — yet

Updated : May 03, 2019 05:25 PM IST

Used car market grew 3.5-4 times faster than new car market in FY19, according to IndianBlueBook report.
Market is currently 1.2 times bigger than new car market, expected to be 1.8 times bigger by 2022.
Market share of organised players doubled to 20 percent in FY19.
Motown slowdown hasn't hit second-hand car market — yet
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