Automotive Aftermarket

Malaysia will serve as Yuan Planet’s hub to streamline both upstream and downstream processes for recycled automotive components across various markets.

Otoklix launched its own service centers, now leaning into AI, and is already an early pioneer in Indonesia’s EV aftermarket.

Used car marketplaces need to create additional value for buyers looking to purchase second-hand vehicles, instead of burning cash to acquire new users, expert say.

Both Carsome and Carro have plans to list in New York.

CarTrade operates online as well as offline marketplace for users to buy and sell vehicles.

Unfazed by the competition, Bhasin said the company’s auto sector is the most-visited auto classifieds platform in the region.

The second-hand car trading firm is planning an initial public offering in the US by 2023.

The platform matches car owners with recommended automobile repair shops at standardized prices.