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In December 2020, OLX Launched OLX Autos in India. [34] CEO of OLX Autos in India is Amit Kumar. [35] OLX's operations in India, like other online retailers, has faced problems with fraud and faced problems with people selling stolen vehicles. In combating fraud, nearly 25% of the car listings get rejected by its systems to protect users from ...
CarTrade.com is an Indian online auto classifieds platform serving as a marketplace for users interested in buying and selling new and used vehicles. [2] Headquartered in Mumbai, the company also owns other vehicle trading platforms such as CarWale, BikeWale and CarTradeExchange, the omnichannel vehicle auction company Shriram Automall, the vehicle inspection company Adroit Auto, and the ...
In 2019, the company started offering verified used cars where the company offered a buyback guarantee on the vehicles verified by inspection. [9] The company operates 202 branches across 73 cities in India as of 2019. [10] Apart from its own branches, the company has a tie-up with more than 10,000 channel partners across 230 cities in India. [8]
Fiat India: 2016–present: Honda Cars India: 1995–present: Honda: Hyundai Motor India: 1996–present: Hyundai Motor Company: Foreign manufacturer with highest market share Kia India: 2017–present: Isuzu Motors India: 2012–present: Isuzu: Jaguar Land Rover India: 2008–present: Tata Motors: Mercedes-Benz India: 1994–present: Mercedes ...
Similarly, US automobile company, General Motors had announced its plans to export about 50,000 cars manufactured in India by 2011. [107] In September 2009, Ford Motors announced its plans to set up a plant in India with an annual capacity of 250,000 cars, for US$500 million. The cars were manufactured both for the Indian market and for export ...
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
Quikr is an Indian online marketplace and classified advertising company, based in Bangalore, India. Quikr has listings in over 1000 cities in India and in categories such as mobile phones, household goods, cars, real estate, jobs, services and education. It was founded by Pranay Chulet and Jiby Thomas in 2008. [2]
Amit Kumar- Amit Kumar is the Chief Executive Officer (CEO) of OLX India. [27] He has led OLX Autos and frequently commented on the trends in the used car industry, demonstrating his deep understanding and influence in the sector. [28] [29] [30] In August 2023, CarTrade acquired OLX India for INR 535.54 crore, after which he continued to play ...