What is the current Italy Used Car Market size?

The Italy Used Car Market is projected to register a CAGR of 9% during the forecast period (2024-2029) Read More

Who are the key players in Italy Used Car Market?

Penske Automotive Italy, Italy Blue Auto Sales LLC, CAVAUTO Group, Auto1.Com and Carvago are the major companies operating in the Italy Used Car Market. Read More

What years does this Italy Used Car Market cover?

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

Italy Used Car Market - Size, Share & Trends

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

Italy Used Car Market is segmented by car type (Hatchback, Sedan, and SUV), by Propulsion (Internal Combustion Engine and Electric), and by Vendor type (Organized and Unorganized). The report covers the market size in value (USD Billion) for all the above segments.

Italy Used Car Industry Overview

Italy Used Car Market is a moderately consolidated one owing to the presence of several key players such as Penske Car, Carvago, Auto1.com, CAVAUTO Group, Italy Blue Auto Sales LLC, and many others. Further expansion of car dealers and key players strategies like partnerships, fleet expansions, etc. to support demand in the market. For instance,

In January 2022, Cazoo, one of Europe's leading online car retailers, acquired an Italian online used car retailer and subscription platform Brum Brum for 80 million euros. Through this acquisition, Cazoo will launch its service across Italy.
In November 2021, Carvago expanded its facility across Italy. The company offers 700 used cars to customers across the country.
In July 2021, RCI Bank and Services, the Renault Group's automotive captive, acquired Bipi, a multi-brand platform that is a reference in car subscription offers for used vehicles. Bipi is present in Spain, France, and Italy.