GURUGRAM, India, June 29, 2021 /PRNewswire/ —
- Automotive slowdown & the COVID-19 pandemic brought a sustained downward trend in new passenger car sales in 2020 in Indonesia.
- The Multi Brand car service market is anticipated to grow with a CAGR of 4.3% during the forecast period 2021-2026.
Surging Used Car Sales in Tier II Cities: Indonesia is one of the largest automotive and used car markets in Southeast Asia. It is home to many OEMs having production and assembling plants in the country. Indonesia is witnessing a surge in the used car sales in Tier II cities