Increased demand for second hand cars as a result of shortage of semiconductors

-


MUMBAI: The shortage of semiconductors has affected car production, with those looking to buy a vehicle having to wait a long time for car delivery, which has led to a sharp rise in demand for second-hand or used cars.

As demand grows, so do the prices of used cars, which have seen a 5 to 10 per cent increase.

"Sales of cars on our platform have skyrocketed in the first five months of the current financial year," said an organized player. Online sales have now surpassed આંક 150 million, up from ૩ 150 million in April. At the beginning of the current financial year, the number of used car sales has gone up from 200 to 10,000, he said.

From the fourth quarter of FY2021, car sales of well-known models have increased by 3 to 4 per cent in the second quarter of the current financial year.

Comments

  1. AdGeenComOctober 30, 2021 at 10:06 AM

    The best Article that I have never seen before with useful content and very informative.Thanks for sharing info. Used Cars For Sale Online In India

    ReplyDelete
  2. Rushil KumarDecember 29, 2021 at 3:35 AM

    Very interesting post... Such wonderful information to share with us.
    Car Dealers in India

    ReplyDelete
  3. carkharidobecho24January 4, 2022 at 11:01 PM

    Thank you for sharing information.carkharidobecho24 This is a great deal on a second hand car. The online car sell in Ghazipur paint is peeling off in some places, but the engine is in good condition. The seats are comfortable and the AC works. It's perfect for anyone who needs a cheap car.Car Refinance in Ghazipur,Second hand car in Ghazipur,used car Dealers in Mau,top up loan for car,Second Hand Car Dealers Near me in India
    second hand car price in varanasi
    used car loan in Sonbhadra
    car insurance lucknow

    ReplyDelete
  4. rideplazaJanuary 30, 2022 at 1:01 PM

    This article contains a lot of valuable info. I am amazed by the quality of the info and also it is a beneficial article for us, Thanks for share it.Used Cars in Gainesville Ga

    ReplyDelete
  5. APTNESS SERVICES W.L.L.February 19, 2022 at 7:53 AM

    Hi dear,

    Thank you for this wonderful post. It is very informative and useful. I would like to share something here too.We are one of the best used car dealer in las Vegas. We provide financing, car service and a great selection of vehicles for used car shoppers in las Vegas, NV.



    Vegas Auto Sales

    ReplyDelete
  6. YOUTEMAApril 12, 2022 at 1:50 AM

    The blog was absolutely fantastic! Lot of great information which can be helpful in some or the other way. Keep updating the blog, looking forward for more contents...Great job, keep it up..
    Second Hand Car for Sale

    ReplyDelete
  7. WEDDING MOVIESAugust 10, 2022 at 9:12 PM

    Nice blog! Really this was very useful blog for us. Nice sharing about car salesman websites

    ReplyDelete

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more