Market Share of Japan Used Car Industry
The Japanese Used Car Market is fragmented and is occupied by online players and company-operated used car dealers. The major players include USS Co. Ltd, PROTO Corporation, Trust Co Ltd, ORIX Auto Corporation, Yokohama Toyopet, SBT Japan, and others. Major global players have the edge over other smaller players due to their superior business models and increased number of pre-owned car retail outlets. Several new players are entering the market to gain market share. For instance, in June 2022, Mota Inc. launched a brand-new c-to-c automobile marketplace in Japan for the purchase and sale of used automobiles. Mota Direct, a new service, was added to the existing methods of buying automobiles online and auctioning them off to dealers.
Japan Used Car Market Leaders
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USS Co., Ltd.
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PROTO Corporation
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SBT Japan
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ORIX Auto Corporation
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Yokohama Toyopet
*Disclaimer: Major Players sorted in no particular order
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