Date:02.07.2016, 02:09 The supply of used cars comes from a variety of sources. Private owners account for more than 80 percent of the total, and an even larger percentage of the supply of older used cars. Used car market is the largest in Europe. Despite its seeming maturity, however, it is undergoing considerable change as buyers and sellers alike move online and as greater information and pricing transparency make it increasingly efficient. Furthermore, competition is intensifying as digitization continues to boost price transparency and squeeze margins. The changes overtaking the U.K. market will have consequences not just for private individuals who make up the majority of buyers and sellers of used cars, but also for the. He focuses on growth strategies and performance improvement in the automotive industry, with particular expertise in sales distribution and compliance. Stephanie Awad is a senior associate with Strategy based in London. Datamonitor is part of the Business Intelligence Division of Informa PLC. developments across a range of key diseases, companies, drugs and strategic trends.
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