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Digital buys, women drivers fuel growth in India's used car market: Report

Business Standard LogoBusiness Standard2w ago

Digital buys, women drivers fuel growth in India's used car market: Report - Business Standard

Quick Summary:

While petrol remained the dominant fuel type at 84 per cent, there is a slow but visible transition to more fuel-efficient and electric options.

Women buyers accounted for 28 per cent of purchases in Q1, up from 26 per cent in 2024 and touching 30 per cent in March alone.

Commenting on the trends, Niraj Singh, founder and chief executive officer of Spinny, said: “Consumers are increasingly choosing cars that align with their evolving lifestyles — whether it’s upgrading for a growing family or embracing new cities.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 18:18:32 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27727037

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 320 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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