Used Truck Market Share

Market Share of Used Truck Industry

Key players operating in the used trucks market are Scania, Mercedes-Benz, Renault, Mascus, and Volvo Trucks. Manufacturers focus on launching new products to stay competitive in the market by incorporating advanced technologies, including IoT, AI, smart navigation systems, and accident prevention technologies.

• In April 2022, Ashok Leyland partnered with Mahindra First Choice Wheels to launch an exclusive hybrid ecosystem for its used commercial vehicle business. The digital platform will facilitate exchanging, properly disposing of, and purchasing old commercial vehicles.

Used Truck Market Leaders

1. Volvo Trucks

2. Scania

3. MAN SE

4. Renault SA

5. Mercedes Benz

*Disclaimer: Major Players sorted in no particular order