Germany Used Car News

Recent industry report about Germany Used Car company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Germany Used Car Market industry experts.

Germany Used Car News

  • In February 2022, Driverama Germany GmbH began selling used cars online in Germany a year after launching a car buying service in the country. Driverama's new service allows buyers to compare popular models, makes, prices, and financing options across more than 1,000 fully inspected cars with an average age of four years. Each vehicle comes with a full-service history, an ownership report, and a professional clean.
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  • March 2022: Toyota Motors Europe (TME) announced a major new contract with INDICATA Europe to roll out its used car pricing data to 13 countries over the next two months. INDICATA developed a bespoke reporting suite for TME that tracks all the online used Toyota and Lexus adverts from its dealer networks across Europe and presented it into an easy-to-read dashboard for each country.
  • March 2022: Inchcape announced that it pulled out of the Russian market as a result of the ongoing conflict in Ukraine. The company stated that in light of the current circumstances, they concluded that the Group's ownership of its business interests in Russia was no longer tenable.
  • March 2022: TrueCar Inc. launched a new online car-buying marketplace called TrueCar+. TrueCar+ was to provide consumers with a more flexible and personalized car buying experience for new and used vehicles.
  • May 2023: Dynacast Manufacturing Inc. inaugurated a new USD 4 million plant in Leon, Mexico. The plant will focus on manufacturing commercial vehicles, including electric buses and etc.,
  • April 2023: Iochpe-Maxion Structural Components and Forsee Power announced a partnership to offer the integration of battery systems for electric vehicles and buses.
  • May 2023: Starbucks' U.S. locations will host the nation's first public electric vehicle charging network thanks to a partnership between Volvo Car USA and Starbucks.
  • January 2023: Starbucks and Volvo Car USA have collaborated to create the country's first public electric vehicle charging network, which will be located at Starbucks locations across the country.
  • September 2022: The City of Long Beach has partnered with Mercedes-Benz Research & Development North America, with assistance from Mercedes-Benz USA Urban Mobility Solutions and Xtelligent, to create transportation technology systems that will enhance liveability and environmental sustainability.
  • August 2022: JBM Auto bags order for 200 low-floor electric buses from Delhi govt
  • June 2022: Punjab Governor flags off the first of 40 Eicher electric buses of Chandigarh Transport Undertaking. VE Commercial Vehicles Limited, a joint venture between Volvo Group and Eicher Motors Limited, will support the state's vision of building a greener and sustainable state by supplying 40 units of Eicher Skyline Pro E 3012H electric buses to Chandigarh Transport Undertaking (CTU).
  • June 2022: Ashok Leyland's EV arm unveils the electric bus platform EiV12, the buses would be available in two variants EiV 12 low floor and EiV 12 standard buses that would offer the best in reliability, range, and comfort.

    In August 2022, Kalmar which is the part of Cargotec got the supply deal for the three T2i terminal tractor at the Maldives Port Limited. The orders are scheduled to be delivered by Q1 of 2023.

    In June 2022, côte d'ivoire terminal has announced the delivery of 14 new APM 75T HE electric terminal tractor supplied by Gaussin for the usage of transportation services at port of Abidjan. Although, the order was made of 36 terminal tractor units which will be supplied in phases by end of 2022.

    In May 2022, TAQA Arabia which is an Egyptian midstream hydrocarbon infrstracture prvider delivered the first five CNG vehicles to the Equatorial Guinea. The vehicles were supplied under supply agreemnent with Ministry of Mines and Hydrocarbon to collaborate on Central Africa gas market expandion plans.

    In March 2022, Suzuki introduced its second generation Celerio in the South Africa. The car is fitted with OE CNG kit in order to imrove the car fuel efficiency.

    • In May 2022, following an AUD 28 million seed investment in 2021, the digitally used automobile platform Carma announced the completion of a new AUD 75 million Series A fundraising round headed by General Catalyst Partners and Tiger Global. Carma, located in Sydney, will use the investment to expand its footprint along Australia's eastern seaboard by establishing offices in Melbourne and Brisbane, capitalizing on the existing demand for used cars in the country.
      • The end-to-end digital used car platform provides pre-owned vehicles with integrated finance delivered directly to the customer's home, ensuring vehicle quality through an in-house examination and reconditioning procedure.

    In December 2021, Mercury Marine which is a division of Brunswick Corporation opened a centralized, purpose-built distribution center near Indianapolis, Indiana. The new 512,000 square-foot facility will felicitate several Mercury Marine products including inflatable boats.

    • In February 2022, Honda Malaysia (or the Company) launched its Honda Certified Used Car (HCUC) program today, allowing Malaysians to purchase a verified, preowned Honda vehicle through an easy-to-use and trustworthy platform. Honda Malaysia is dedicated to providing high-quality products and services, as well as ensuring that all of our vehicles, new or used, bring joy to their owners. As a result, they introduced HCUC as an additional option for customers to own their preferred Honda vehicles and enjoy the benefits of being a Honda owner.

    Used Cars Market in Germany Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)