Manufacturers auto accelerate on the used market

This is a great pactolus, which interests more and more of the world. The 5.6 million used cars purchased each year by individuals in France. It is two and a ha

Manufacturers auto accelerate on the used market

This is a great pactolus, which interests more and more of the world. The 5.6 million used cars purchased each year by individuals in France. It is two and a half times the market of the new vehicle. In other words, exchange between two and three used cars for a car sold. The opportunity weighs nearly 15 billion euros, against $ 26 billion for the nine. In addition, the opportunity is more resistant, the market grew by 7.8% in value between 2016 and 2017, against a growth of 2.3% for the nine, according to the Insee. "In a market that is increasingly competitive, manufacturers have identified a reservoir of growth and margins in the after-sale and pre-owned vehicle," said Guillaume Crunelle, a partner with the firm Deloitte.

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However, the automobile manufacturers have long neglected the resale. They were only seeing a ...

Updated Date: 19 August 2019, 00:00

Kathleen Lees

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