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Thrifty Indians May Drive Used-Car Sales During Pandemic
The pandemic is influencing customer sentiment and aiding the used car market.
18 Jun 2020, 01:44 PM IST
B Rajan was about to sell the Mahindra Scorpio he had driven for about nine years and buy a new sport utility vehicle. After Covid-19 spread in India, he changed his mind and opted for a used car.“The situation doesn’t permit me to spend at this stage,” the 58-year-old vice president of sales and marketing at QuadLabs Technologies, a travel tech firm, told BloombergQuint from Gurugram over the phone. “We don’t know what will happen n...
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