Increased Discounts Eroding Auto Resale Business: Jagdish Khattar
  • Elizabeth George
  • Aug 05 2013

August 5: Is the auto resale market showing a similar weak trend? Carnation Auto CMD Jagdish Khattar says, “The number of people replacing old cars with new cars are decreasing. If you can’t buy a car, you can’t sell one.” The resale market is definitely taking a hit as increased discounts by automakers eat into the resale business, he adds.