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19 Jul 2017  |  Latin America
Used Car Market will Transform by 2022, with New Business Models, and Growing Peripheral Markets with Low Motorization Rate
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%, althou...
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