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CARS24 was founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal as a platform to buy and sell used cars. [5] In 2021, the company expanded its operations internationally in several countries, including the United Arab Emirates, Thailand and Australia.
According to The Economic Times, 60% of Indian customers expect fuel prices to go up in the next 12 months and 58% expect to buy a new car in the same time frame. Most consumers are looking to buy a car which gives good mileage. According to the same source, 68% of Asian drivers expect higher mileage from their cars due to the higher fuel prices.
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.
It was the first diesel car in India and was well received by the Indians, although it was initially only available as a taxi or for government usage, as the Indian government restricted private ownership of diesel automobiles. It was, at the time, the most expensive car built in India, at a 25 percent markup over a petrol Mark 4. [5]
After 21 years of operations in India, General Motors ceased selling cars in India by the end of 2017 as a part of its global restructuring actions. [3] General Motors India's primary focus was to manufacture and export of small cars and automotive components. Its export markets included Mexico and a few other Latin American countries until ...
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A Formula E car was showcased by Mahindra Electric, as part of the Mahindra Group, at the 2014 Auto Expo in Delhi. [39] Mahindra Electric's team worked closely with Mahindra Racing , the racing division of Mahindra Group, to get the Formula E cars ready for the first race of the inaugural FIA Formula E Championship , which took place at Beijing ...
Maruti True service offered by Maruti Suzuki to its customers. It is a marketplace for used Maruti Suzuki Vehicles. One can buy, sell or exchange used Maruti or non-Maruti vehicles with the help of this service in India. As of 10 August 2017 there are 1,190 outlets across 936 cities. [101]