Used Car Market - Top Companies and Manufacturers

  • Report ID: 6271
  • Published Date: Nov 06, 2024
  • Report Format: PDF, PPT

Companies Dominating the Used Cars Landscape

    The transition of the dealership network toward digital platforms is a major influencing factor in the used cars market. These online sales models are changing the landscape by offering virtual showrooms, detailed vehicle evaluations, and remote transactions. Thus, it enhances user experience and promotes more advancement in this industry. For instance, in March 2022, AutoScout acquired a majority stake in AUTOproff. This acquisition helped to connect retailers are wholesalers digitally to support fast-growing Europe used cars businesses. Global leaders are now expanding their networks through subscription services. Such facilities enable access to insurance and maintenance in a single package. This further helps companies to differentiate themselves from other competitors. Such key players include:

    • Alphartis Deutschland
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • AMAG Schweiz
    • Autotorino Italien
    • AVAG Holding Deutschland
    • Avemo Deutschland
    • Bernard Frankreich
    • Bertel O. Steen Norwegen
    • Bilia Schweden
    • BPM Frankreich
    • Emil Frey Group
    • Arnold Clark Automobiles Ltd.
    • Caravana
    • Asbury Automotive Group Inc.
    • AutoNation Inc.
    • AtoScout24
    • Universal Motor Agencies
    • CarMax Inc.

Browse Key Market Insights with Data Illustration:

In the News

  • In July 2024, Carvana launched an online shopping and checkout platform for used EV buyers. This is dedicated to catering a streamlined experience for consumers purchasing pre-owned electric and plug-in hybrid vehicles. Its automated system can determine eligibility and apply Clean Vehicle Tax Credit to encourage more buyers to invest.
  • In May 2023, Arnold Clark inaugurated its new branch for used cars in Ayr. This relocation was intended to expand the network of Kia by availing over 150 used cars in the new showroom located in Heathfield.

Author Credits:  Saima Khursheed


  • Report ID: 6271
  • Published Date: Nov 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the used cars market was over USD 2617.5 billion.

The market size for the used cars market is projected to reach USD 4542 billion by the end of 2037 expanding at a CAGR of 4.7% during the forecast period i.e., between 2025-2037.

The major players in the market are Alphartis Deutschland, AMAG Schweiz, Autotorino Italien, AVAG Holding Deutschland, Avemo Deutschland, Bernard Frankreich, Bertel O. Steen Norwegen, Bilia Schweden, BPM Frankreich, Emil Frey Group, and others.

In terms of vehicles, the SUV segment is anticipated to garner the largest market share of 36.6% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in Europe is projected to hold the largest market share of 30.7% by the end of 2037 and provide more business opportunities in the future.
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