Global Used Car Market: Shift Gears to Drive Future Growth

Presented by

Shwetha Surender and Mubarak Moosa,Frost & Sullivan, Laurent Potel, CEO & Co-Founder of Reezocar

About this talk

The global used car market is poised for growth and is expected to boom, driven by COVID and the subsequent market realignment. At twice the size of the new car market, used vehicles present an untapped opportunity. With over $350 million in sales, used vehicles account for 75% of overall vehicle sales in the US. In key European markets such as the UK, Germany, and France, used car sales are typically three times larger than new car sales. Key Takeaways: • Learn about the potential for the online used car industry • Explore opportunities in the electric used car market • Understand the competitor landscape of the online used car marketplace • Hear best practices for the future of used car retailing

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Our Mobility team provides global market analysis and thought leadership to identify and execute on key growth opportunities. Our expert analysts identify top mega trends impacting the market and build innovative business models in the practice areas of two-wheeler mobility, off-highway vehicles and passenger vehicles. Our team interacts with the full portfolio of mobility solutions to provide growth consulting in your industry.