India's used car market: Challenges and Opportunities - Brobot Dialogues | Insights | Autocar India

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Published on 18 Feb 2021, 6:45
In the second session of Brobot Dialogues, a series of discussions on the auto industry, we’ll be talking of India's used car industry. How has the pandemic impacted sales? What is the scope of the organised sector in the used car space? And what could be the impact of the scrappage policy on sales and prices? Joining Hormazd Sorabjee on the panel from the OEM side are Maruti Suzuki's Executive Director for Sales and Marketing, Shashank Srivastava and Volkswagen India's Brand Director, Ashish Gupta. Mahindra First Choice Wheels' MD and CEO Ashutosh Pandey is representing the organised used car industry and giving a perspective from the automotive insurance sphere is Reliance General Insurance’s Head Agency & Retail Broking, Shrish Mahuli.

0:00 - Introduction
1:04 - Is the used car market coming of age?
2:11 - Trends in the used car space
4:52 - Dynamics of used car segment in motor insurance
6:20 - Is there a supply issue in the used car market?
9:14 - Challenges for the used car industry
12:09 - Challenges of used car industry from insurance perspective
13:49 - Growing the organised used car sector
15:47 - Link between used network and new car sales
17:48 - Insurance products for used car market
19:43 - Accelerating the shift to organised used car segment
22:41 - Impact of scrappage policy on used cars

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