Just like new: Demand for pre-owned cars matches first-hand auto sales

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India’s youth are driving record sales for the automobile industry, not just in the new car segment but also in the pre-owned car segment. The demand for new-age features, even in pre-owned cars, is a phenomenon that has become more stark post-Covid pandemic.

Maruti Suzuki, India’s largest carmaker, and Hyundai, country’s second largest, are seeing more-than-expected demand for pre-owned cars and most of it is coming from first-time young buyers, who prefer sport utility…

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