Indonesia Used Car Market Competitive Analysis of Major Players
Executive Summary
Indonesia Used Car Market : Competitive Landscape
Indonesia used car market faces competition on all three areas from local dealers/distributors (unorganized players), Organized distributors and Online Distributors. In the sector automakers vying for customers not just against one another but also against unorganized rivals, the government, and OEM-authorized dealerships. The two main areas on which businesses compete are the caliber of their services and the cost at which they provide them. In order to increase Carousell's dominance in the automotive sector in Southeast Asia, the company has launched Carousell Auto Group, the company's largest vertical, in April 2021, contributing a third of its revenue. Many large players have started offering services such as free test drives at the location according to the consumer wish, easy paper works, and others.
Moreover, in order to stay ahead of the competition and expand the business many players have started merging with other players like, Carro entered into an agreement with top Indonesian E-commerce marketplace Blibli facilitating consumers to trade in cars online as part of Carro’s strategy to redefine car buying experience in Indonesia. Carosme partnered with Southeast Asia’s leading super app Grab and launched a nationwide “Own Your Ride” campaign allowing Grab driver and delivery partners to enjoy purchase discounts and free 1 year after sale services when buying Carsome Group’s certified used cars.
Scope of the Study
The following synopsis is based on the report titled " Indonesia Used Car Market Competitive Landscape" published by Makreo Research and Consulting.
The report delves deeply into various parameters such as Present Market size, market overview, key Player’s insights that provide an understanding of company overview, business highlights, financial highlights that may help market players capitalise on untapped business potential in the specific geography.
Companies covered in the Indonesia Used Car Market Competitive Landscape Market Report:
By Dealership:
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