DUBLIN—The "Latin America Used Car Market - Forecast to 2022" report has been added to Research and Markets' offering.
The used car market in Latin America is expected to undergo significant changes over the next 5-7 years. Upcoming technologies and business models are likely to completely transform the way used cars are bought and sold.
In 2016, 18.4 million units were sold. Unit sales are expected to reach 22.4 million by 2022, growing at a CAGR of 3.4%, although this market varies from one country in the region to another, depending on factors such as domestic economy, market informality, regulations on emission standards, as well as used car sales legislation and customer protection.
The market is experiencing a number of transformative shifts influenced by economic disruptions that affect new car sales, new regulations to formalize the used car market, new channel distribution, and technology innovations.
Research Scope
This research study focuses on used car sales segmented as follows:
- Sales channels: Dealerships, individuals, online, and auction sales
- Vehicle age
- Powertrain: Gasoline, Diesel, Alternative fuels and Hybrids and Electric Vehicles
- Market share by OEM and by most sold models
- Ratio of new and used car sales
- Value proposition by market participants
The market size for 2016 is provided for each segment and forecasted till 2022.
It also features the market shares of leading competitors, which include Volkswagen, Fiat, Toyota, Ford, Nissan, GM, Hyundai, Honda, Toyota, and Renault.
Key Questions This Study Will Answer
- What are the key trends and factors determining the demand for used cars in Latin America?
- Could electric vehicles and hybrids become popular by 2022 as a mainstream alternative to gasoline vehicles?
- How are automotive manufacturers promoting their used car business? How is the convergence with online used car aggregators promoting the used car business?
- What are the key drivers and restraints within the used car market?
- What is the growth potential of the market? How will the demand for used cars shape up until 2022?
Key Topics Covered:
1. Executive Summary
2. Research Scope, Objectives, and Methodology
3. Definitions
4. Used Car Market Dynamics - Implication of Macroeconomics and Regulations
5. Used Car Market Dynamics - Distribution Channel Analysis
6. Drivers and Restraints - Total Used Car Market
7. Forecasts and Trends - Total Used Car Market
8. Used Car Market - Select OEM Activities
9. Brazil Market
10. Argentina Market
11. Chile Market
12. Colombia Market
13. Mexico Market
14. Peru Market
15. Growth Opportunities in the LATAM Used Car Market
16. Key Conclusions and Future Outlook
17. Appendix
Companies Mentioned
- Fiat
- Ford
- GM
- Honda
- Hyundai
- KAVAK
- Localiza
- Nissan
- Renault
- Superbid
- Toyota
- Volkswagen
For more information about this report visit https://www.researchandmarkets.com/research/6zm6p5/latin_america.
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Related Topics: Cars, Used Vehicles