Digital Enablement, Adoption of Omni-Channel Business Models and Growing Demand from Tier-2 Cities to Drive Used Car Sales in Indonesia: Ken Research As an impact of Covid-19, OLX Indonesia saw a drop of 15-25% in the number of used car listings on its platform in 2020. Used car platform, Carro, experienced a 600% increase in demand for certified used cars during the pandemic. The platform offered home test drives as well as the option of purchasing cars… Read More »
Future Growth of Indonesia Used Car Market: Ken Research How The Indonesia Used Car Market Positioned? Indonesia is one of the largest automotive and used car markets in Southeast Asia. It is home to many OEMs having production and assembling plants in the country. The number of vehicles domestically manufactured reached ~ million units whereas the number of locally produced passenger cars reached ~… Read More »
Influx of Online Used Car Platforms and Financing Companies Escalating the Growth of Used Car Industry in Indonesia: Ken Research Growth of Online Platforms: The last decade has witnessed the entry of various online auto classified platforms in the country such as Mobil123, OLX Autos, Carsome, Carro, and more. The internet penetration in Indonesia stood at ~73% in 2019, highlighting the growing presence of consumers online. The majority of the leads for offline dealerships were… Read More »
In-Depth Analysis Of The Covid-19 Impact On The Used Car Industry In Indonesia: Ken Research The global outbreak of the Covid-19 virus has led to massive disruptions in all industries, especially sectors such as automotive, travel & more. The looming public health crisis has claimed over 2.36 million lives globally as of February 12, 2020, and continues to pose a threat to the lives, livelihoods, and businesses across the world.… Read More »
Indonesia Used Car Market Outlook to 2025: Ken Research The report titled “Indonesia Used Car Market Outlook to 2025 – By Market Structure (Organized & Unorganized), By Type of Car (MPVs, Hatchbacks, SUVs & Others), By Brand (Toyota, Honda, Daihatsu, Suzuki & Others), By Vehicle Age, By Mileage, By Customer Age and By Region (DKI Jakarta, East Java, West & Central Java, North Sumatera… Read More »