used vehicles: Competitive intensity in used vehicle market to be on the rise: India Ratings

used vehicles: Competitive intensity in used vehicle market to be on the rise: India Ratings

India Ratings and Research expects vehicle financiers to increase the share of used vehicles in their overall vehicle asset under management (AUM). This is because the rising new vehicle prices, driven by the changes in emission norms, technological changes and higher commodity prices, have made the purchase of new vehicles out of reach for first-time … Read more