What is the current Europe Used Car Market size?

The Europe Used Car Market is projected to register a CAGR of 4.12% during the forecast period (2024-2029) Read More

Who are the key players in Europe Used Car Market?

Lookers Plc, Emil Frey AG, Autorola Group Holding, Pendragon Plc and AUTO1.com are the major companies operating in the Europe Used Car Market. Read More

Which is the fastest growing region in Europe Used Car Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Europe Used Car Market?

In 2024, the Europe accounts for the largest market share in Europe Used Car Market. Read More

What years does this Europe Used Car Market cover?

The report covers the Europe Used Car Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Used Car Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Used Car Market Trend | Industry Analysis, Size & Forecast Report

Europe Used Car Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers the Used Car Market in Europe and the market is segmented by vehicle type (hatchback, sedan, sports utility vehicle, and multi-purpose vehicle), by vendor type (organized and unorganized), by fuel type (gasoline, diesel, electric, and others), and by country (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe). The market size and forecasts are provided in terms of value (USD Billion) for all the above segments.

Europe Used Car Industry Overview

Several key players, including Lookers Plc, Pendragon PLC, AUTO ONE Group, Autorola Group Holding, Emil Frey AG, and others, dominate Europe's Used Car Market. The used car market is anticipated to witness a large number of used car dealers in both the organized and unorganized industries, owing to the growing demand for customers. Rising adoption of various growth strategies, such as expansion, partnerships, etc., to improve their presence and revenue shares in the market. For instance,

In June 2022, TrueCar Inc. acquired Digital Motors. This acquisition is intended to accelerate TrueCar's plan to deliver a robust digital car buying and selling experience with its TrueCar+ marketplace.

In May 2022, Renault sold its majority stake in the Russian car brand Lada. The company has sold its 68 percent in AvtoVaz, Lada's parent company, for one rouble.