New Delhi: CarWale abSure, a part of CarTrade Tech Ltd., a multi-channel auto platform to offer hassle-free shopping for and promoting expertise to prospects, offered over 1000 used automobiles in December 2023. This represents a Y-o-Y enhance of 160 % in comparison with the identical interval within the earlier 12 months, the corporate stated.
In December 2023, 40% of the transactions exceeded the INR 10-lakh worth bracket. The premium section included Mercedes-Benz, securing an total 5% of transactions and claiming 40% market share within the premium section. Different in style fashions contributing to this success had been Honda Metropolis (4.4%), Hyundai Elite i20 (3.7%), Innova Crysta (3.5%), Hyundai Creta (3.2%), and Hyundai Grand i10 (3.2%), the corporate stated in a media launch.
Abhishek Patodia, President, CarWale abSure, stated, “We’re extraordinarily proud that we have now crossed the milestone of over 1000 automobiles in December 2023. As pioneers within the used automotive ecosystem, CarTrade is on the forefront of innovation, and the sale of 1000 automobiles in December 23 showcases that buyers need the AbSure providing. By way of our platform, we empower a seamless, industry-specific expertise, enabling easy transactions in shopping for and promoting pre-owned automobiles.”
Excessive-impact advertising and marketing on CarWale used automotive pages, customised presents and on-line presence captured the eye of consumers, the discharge stated.
