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19 Jul 2017  |  Latin America  |  Market Research

Latin America Used Car Market, Forecast to 2022

Used Car Market will Transform by 2022, with New Business Models, and Growing Peripheral Markets with Low Motorization Rate

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The used car market in Latin America is expected to undergo significant changes over the next 5–7 years. Upcoming technologies and business models are likely to completely transform the way used cars are bought and sold. In 2016, 18.4 million units were sold. Unit sales are expected to reach 22.4 million by 2022, growing at a CAGR of 3.4%, although...

Africa is the world’s last growth frontier. With the lowest motorisation rate in the world, there is considerable potential for growth in the automotive industry. Most of the cars on Africa's roads are imported. While governments have taken steps to regulate the import of used cars, the practice continues to persist. New and locally produced vehic...

03 Jul 2020  |  Europe  |  Market Research

Emerging Trends in the European Digital Used Passenger Vehicles Market, 2020

Focus on Start-ups and White Space Driving Valuations, as 2 Million Used Vehicles Set to be Traded Online

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Key Issues Addressed

As more and more digitally native customers look to purchase a vehicle, the competition and business models to sell used vehicles online increases. With social distancing norms changing ‘business as usual’, COVID-19 acts as an accelerator for more dealerships, OEMs, and traders to sell online. There are multiple online used vehicle retail models r...

The US trailer tire pressure monitoring system (TPMS) market is experiencing steady and structurally driven growth as fleet operators increasingly prioritize safety, regulatory compliance, and operational efficiency. TPMS solutions, which monitor tire pressure and temperature in real time, are becoming an essential component of modern trailer telem...

By 2025, over 2 million electric vehicles (EVs) are expected to be sold only in the US. Consumers now prefer EVs over ICEs owing to fast developing charging network across the US. There is an opportunity for both AC and DC charging network expansion and traditional business models are not sufficient anymore. Unlike fuel stations, with respect to EV...

Despite disrupting sales and profitability in many markets, the pandemic has ignited minds to build a safer and convenient environment. The connected automotive industry is making the best of the situation through trending use cases that build the new normal across consumer segments. Adapting to the new form of travel, Frost and Sullivan's 'Cars as...

10 Jan 2020  |  Europe  |  Market Research

Strategic Analysis of European Used Car Leasing Market, Forecast to 2023

As Company Car Market Begins to Saturate, Global Leasing Companies are Beginning to Remarket Used Cars in Operational Leasing Format in Western and Northern Europe

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The global fleet & leasing industry is starting to focus on remarketing used cars in the B2C channel from the traditional B2B channel. Traditionally, fleet leasing companies in Europe sold used cars in bulk to small dealers through auctions and brokers (B2B). Dealers sold these cars to end users with flexible finance options including personal loan...

Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/services and would like to outsource all other support activities. Mobil...

US President Donald Trump imposed a 25% tariff on imports of passenger vehicles, light trucks, and certain automotive parts (engines, transmissions, powertrain parts, and electrical components, among them) on March 26, 2025. He also announced a more comprehensive set of “reciprocal tariffs,” starting at 10% on almost all goods from most countries.S...