Market Research Reports - Ken Research US Used Car Market Future Outlook | Page 2

franchised dealers in the US on account of the lower sales volume of certain franchised dealers during the period. In 2011, the total number of independent used car dealers that operated in the US was around ~ which have increased by 2.3% over ~ independent used car dealers in 2010. The period 2006-2009 witnessed a massive decline in the number of independent used car dealers probably due to the incapability to sustain the weak market conditions and a surging demand and supply gap of used cars which finally forced several independent used car dealers to shut down their operations in the country. The US car market is also characterized by a more developed car culture where there are multiple cars small households, as a result emotional factor also play a key role in the process of buying a used car. The used car market is expected to rise to USD ~ million in 2016 at a CAGR of 6.1 % while the used car unit sales will be growing at a CAGR of 7.3%. Key Topics Covered in the Report The market size of the Used Car in the US by revenue and unit sales The market size of Late Model Used Cars by unit sales Market segmentation of used cars in the US on the basis of car types Trends and Development of the US Used Car market Competitive landscape and a detailed company profile of the major dealers of used cars in the US. Dealership profiles of Franchised and Independent used car dealers. Future outlook and projections of used cars on the basis of revenue and sales volume. For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive- and-automotive-components/us-used-car-industry-research-report/332-100.html Related Reports https://www.kenresearch.com/banking-financial-services-and-insurance/loans-and- advances/saudi-arabia-car-finance-market/125720-93.html https://www.kenresearch.com/technology-and-telecom/it-and-ites/philippines-online- classified-market-report/106129-105.html