Malaysia Used Car Market is expected to grow at a CAGR of over 8% over the next 5 years Used car sales to cross over 900,000 units by 2026, witnessing a CAGR of 8% over 2021-2026 with the market being dominated by local players: Ken Research 1. The automotive industry is dominated by local players & unorganized dealers along with increased popularity of Japanese brands. Unorganized Players in Malaysia Used Car Market: Click Here… Read More »
Used car Sales basis GTV in Malaysia to exceed MYR 40 Bn by 2026. Will the projections justify growth? The market is poised to grow at a CAGR of over 8% owing to the increased popularity of online players and entry of OEM certified dealers: Ken Research Online platforms generate over 80% of the leads by virtue of access to a large inventory base and easier user interface that gives user a number of… Read More »