The India Commercial Vehicles Market report segments the industry into Vehicle Body Type (Buses, Heavy-Duty Commercial Trucks, Light Commercial Pick-Up Trucks, Light Commercial Vans) and Propulsion Type (Hybrid And Electric Vehicles, ICE). Get five years of historical data alongside five-year market forecasts.

In the financial year 2025, Tata Motors dominated the domestic commercial vehicle market across India with a share of around ***percent. In 2024, the company had an overall revenue of around 4.4 trillion Indian rupees. Commercial vehicle sales had been on an inline across the south Asian country for a few years. From mid-2019, however, the automotive industry’s slowdown has affected the sales and production alike. BS VI standardsThe Bharat stage emission standards (BSES) are emission standards that the Indian government regulates to keep the output of air pollutants from combustion and spark ignition engines in check. The Central Pollution Control Board determines the limits and time of implementation of these standards. From April 2020, BS VI norms were estimated to be implemented across the country, as a replacement to the existing BS III standards that were implemented in October 2010. The emission limits for light and heavy commercial vehicles were estimated to be 0.63 and 1.5 grams per kilometer respectively. New modelsCommercial vehicle manufacturers revealed new models complying with the BS VI standards to reinstate a growth in sales volumes. Tata Motors, the leading manufacturer, announced a product offensive for 2020. Similarly, Volvo Eicher Commercial Vehicles also announced a ‘Smart Trucks’ initiative to gain a competitive edge. The emission standards have affected the commercial vehicles market significantly. Manufacturers not only aimed for cleaner vehicles but redesigned their vehicles and vamped up the entire product line, making the outlook for the industry presumably very positive.

India Commercial Vehicle Market was valued at USD 51.27 Billion in 2024 and is expected to reach USD 69.06 Billion by 2030 with a CAGR of 5.14% during the forecast period.

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Market Size	2024: USD 51.27 Billion
Forecast Market Size	2030: USD 69.06 Billion
CAGR	2025-2030: 5.14%
Fastest Growing Segment	Light
Largest Market	North
Key Players	1. Tata Motors Ltd 2. Ashok Leyland Limited 3. Mahindra & Mahindra Limited 4. VE Commercial Vehicles Limited 5. Daimler Truck AG 6. Scania CV AB 7. Force Motors Ltd. 8. MAN Truck & Bus India Pvt Ltd 9. SML Isuzu Ltd 10. Piaggio Vehicles Pvt. Ltd

Commercial Vehicle Industry in India The commercial vehicle industry in India is poised for robust growth, propelled by a surge in e-commerce, increasing infrastructure spending, and government initiatives to promote clean energy and domestic manufacturing. With a market size estimated at XX million in 2025, the industry is projected to expand at a compound annual growth rate (CAGR) of 10.55%. Rising demand for goods transportation and urbanization are key drivers of growth, while technological advancements, particularly in electric and hybrid vehicles, are shaping market trends. Key industry players like Ashok Leyland Limited, Tata Motors Limited, and Mahindra & Mahindra Limited contribute significantly to the market's dynamics. The segment of light commercial pick-up trucks and vans is witnessing rapid expansion, driven by the rising popularity of e-commerce and last-mile delivery. The propulsion type segment of hybrid and electric vehicles (HEVs) is poised for significant growth as India embarks on its electrification journey. However, challenges such as fluctuating fuel prices, supply chain disruptions, and emission regulations pose potential restraints for the industry. Recent developments include: August 2023: Eicher Trucks and Buses, a division of VE Commercial Vehicles Ltd has announced a partnership with Amazon to electrify the middle-mile and last-mile delivery processes for the e-commerce giant in India.August 2023: Ve Commercial Vehicles Limited announced that it has received an order for 550 Intercity Buses from Vijayan Travels and VT, worth INR 5 billion. The order includes 500 Eicher Intercity 13.5m AC and non AC sleeper coaches and 50 Volvo 9600 luxury sleeper coaches.April 2023: Tata Elxsi signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Guwahati (IIT-G) to jointly work on developing and commercializing state-of-the-art solutions for the electric mobility market.. Key drivers for this market are: Growing Travel and Tourism Industry is Driving the Car Rental Market. Potential restraints include: Increasing Popularity of Ride-Sharing Services Pose Challenges for the Conventional Car Rental Market. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Asia-Pacific Commercial Vehicles Market report segments the industry into Vehicle Type (Commercial Vehicles), Propulsion Type (Hybrid And Electric Vehicles, ICE), and Country (Australia, China, India, Indonesia, Japan, Malaysia, South Korea, Thailand, Rest-Of-APAC). Get five years of historical data alongside five-year market forecasts.

In financial year 2025, around ****thousand units of commercial vehicles were sold across India. It was a slight decline in comparison with the previous year. Tata Motors dominated the market with a share of around ***percent. The overall economic slowdown due to the impact of coronavirus (COVID-19), the transition to BS-VI emission standards, and revised axle load norms were some of the contributing factors for the two consecutive years’ decline of sales volume in this sector. BS-VI emission standards The Bharat Stage Emission Standards (BSES) are emission standards that regulated by the Indian government to control the output of air pollutants from combustion and spark ignition equipment. From April 1, 2020, all vehicle manufacturers were mandated to follow the new standards to replace the old BS-III standards that were implemented back in October 2010. The first emission standards were introduced to India in 1991 for petrol and in 1992 for diesel vehicles. Road freight in India Road freight was the preferred method of cargo transportation in India, trucks could provide more reliability and flexibility compared to other means of transportation. However, rampant overloading had contributed to many road accidents, the government introduced new axle load norms in an effort to tackle this issue. The new norms, together with fast improving road infrastructure, high gross vehicles have become more and more popular in the road logistics industry.

India Small Commercial Vehicle Market was valued at USD 2.66 Billion in 2024 and is expected to reach USD 3.61 Billion by 2030 with a CAGR of 5.25% during the forecast period.

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Market Size	2024: USD 2.66 Billion
Forecast Market Size	2030: USD 3.61 Billion
CAGR	2025-2030: 5.25%
Fastest Growing Segment	Electric
Largest Market	North India
Key Players	1. Lohia Auto Industries 2. Tata Motors Limited 3. Ashok Leyland Limited 4. Atul Auto Limited 5. Piaggio Vehicles Pvt. Ltd. (PVPL) 6. Mahindra & Mahindra Ltd 7. Bajaj Auto Ltd. 8. TVS Motor Company 9. Isuzu Motors India Private Limited 10. Saera Electric Auto Pvt. Ltd

Light Commercial Vehicle Market Outlook

As of 2023, the global light commercial vehicle market size is valued at approximately USD 480 billion and is projected to reach around USD 720 billion by 2032, exhibiting a compound annual growth rate (CAGR) of about 4.5% during the forecast period. The growth of this market is primarily driven by the increasing demand for efficient transportation solutions across various industries and the rising trend of urbanization which necessitates improved logistics and transportation infrastructures. This demand is further bolstered by technological advancements in vehicle manufacturing and growing awareness of sustainable practices, which are compelling manufacturers to innovate and offer vehicles with better fuel efficiency and lower emissions.

A significant growth factor for the light commercial vehicle market is the rapid increase in e-commerce and retail activities worldwide. The surge in online shopping has translated into a need for efficient and reliable transportation solutions to facilitate timely deliveries. Light commercial vehicles offer a nimble and cost-effective solution for last-mile delivery, which is crucial in the logistics chain for e-commerce businesses. As urban populations grow, so does the volume of goods that need to be transported to consumers, leading to a higher demand for these vehicles. Furthermore, technological advancements in navigation and fleet management systems have enhanced the operational efficiency of light commercial vehicles, thereby boosting their adoption.

The increasing focus on reducing carbon emissions and the growing inclination towards sustainable transportation solutions have also fueled the market's expansion. Governments around the world are implementing stringent emissions standards and regulations, prompting manufacturers to innovate and produce vehicles that are not only efficient but also eco-friendly. This has led to a rise in the production and adoption of electric and hybrid light commercial vehicles. These vehicles not only reduce the carbon footprint but also offer cost benefits in terms of fuel savings, thereby making them an attractive option for businesses looking to optimize their operations and adhere to environmental norms.

Another key growth factor is the expansion of infrastructure and construction activities in developing regions. As economies grow, there is a corresponding need for robust infrastructure, which drives the demand for construction and mining equipment, including light commercial vehicles. These vehicles play a critical role in transporting materials and personnel to and from construction sites, making them indispensable in the industry. Additionally, the flexibility and versatility of light commercial vehicles make them suitable for various applications beyond logistics, including passenger transportation and emergency services, further increasing their market penetration.

Regionally, the Asia-Pacific region is expected to witness significant growth in the light commercial vehicle market. This can be attributed to the rapid industrialization and urbanization in countries like China and India, which are leading to increased demand for transportation and logistics services. Moreover, favorable government policies and initiatives aimed at promoting manufacturing and infrastructure development are further supporting market growth in this region. North America and Europe are also significant markets, driven by technological advancements and the early adoption of electric vehicles, while Latin America and the Middle East & Africa are emerging markets with immense growth potential due to improving economic conditions and increasing foreign investments in infrastructure projects.

Vehicle Type Analysis

The light commercial vehicle market is segmented by vehicle type into vans, pickups, trucks, and buses. Vans are a vital component of the light commercial vehicle market due to their versatility and adaptability across different industries. They are widely used in logistics, delivery services, and as passenger shuttles, making them an essential asset for businesses focusing on urban transportation solutions. Additionally, the flexibility of vans in terms of cargo space and customization options makes them attractive for various applications, ranging from goods delivery to mobile workshops and service vehicles. The growing inclination towards compact and fuel-efficient vehicles further strengthens the demand for vans in the market.

Pickups hold a significant share of the light commercial vehicle market, especially in North America, where they are a st

The Commercial Vehicles Market report segments the industry into Vehicle Type (Commercial Vehicles), Propulsion Type (Hybrid and Electric Vehicles, ICE), and Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Includes five years of historic market data and forecasts for the next five years.

in the fiscal year 2023, the market share for medium and heavy commercial vehicle trucks across India was dominated by *********** at about ** percent. Close to ** percent of the market share was dominated by the two leading market players.

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Commercial Vehicle Market Size 2025-2029

The commercial vehicle market size is forecast to increase by USD 148.4 billion, at a CAGR of 3% between 2024 and 2029.

The market is experiencing significant shifts, driven primarily by the rise in e-commerce growth and the increasing preference for electrification and alternative fuel vehicles. E-commerce giants continue to expand their delivery networks, leading to a substantial increase in demand for commercial vehicles. This trend is expected to continue, with projections indicating a steady growth in e-commerce sales. Simultaneously, the transportation sector is moving towards electrification and alternative fuel vehicles as part of the global push for sustainability. The supply chain benefits from connected vehicles and GPS tracking, enhancing fleet management and urban logistics. Commercial vehicle manufacturers are investing heavily in research and development to meet this demand, with several companies launching electric and hybrid commercial vehicles.
However, this transition poses challenges, including the need for significant infrastructure investments and the high cost of electric vehicles. Moreover, supply chain disruptions continue to pose a significant challenge to the market. The COVID-19 pandemic highlighted the vulnerabilities of global supply chains, with many companies experiencing delays and disruptions. Trucking operations are embracing connected fleet management and fleet maintenance solutions to optimize logistics and enhance vehicle performance metrics. The ongoing geopolitical tensions and natural disasters further compound the issue. Companies must navigate these challenges by building resilient supply chains and exploring alternative sourcing options to mitigate risks and ensure uninterrupted operations.

What will be the Size of the Commercial Vehicle Market during the forecast period?

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The market is experiencing significant shifts as emission regulations tighten and freight transportation evolves. The green fleet trend is gaining momentum, with vehicle electrification and fuel economy becoming key priorities. Autonomous trucking and advanced driver assistance systems are transforming the industry, while driver training remains essential for safety. Commercial vehicle financing options continue to adapt, with predictive maintenance and vehicle safety standards shaping the landscape.
Logistics technology, including supply chain optimization and transportation networks, is revolutionizing freight brokerage and third-party logistics. Cargo handling and vehicle downtime reduction are crucial for maintaining profitability, while commercial vehicle insurance and safety technologies remain critical components of successful trucking operations. The commercial vehicle industry's focus on sustainability and efficiency is driving innovation and reshaping the future of freight transportation.

How is this Commercial Vehicle Industry segmented?

The commercial vehicle industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Fuel Type

  ICE
  EV


Type

  Cargo trucks
  Pick-up trucks
  Buses
  Trippers
  Tractors


Vehicle Type

  Light-duty vehciles
  Heavy-duty vehicles
  Medium-duty vehicles


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Fuel Type Insights

The ice segment is estimated to witness significant growth during the forecast period. The market is driven by the widespread use of ICE vehicles, primarily fueled by diesel and gasoline. Diesel engines dominate medium- and heavy-duty vehicles due to their high torque and fuel economy, crucial for long-haul freight and heavy-load applications. In contrast, gasoline engines are common in light-duty vehicles, such as pickups and compact vans, due to their lower payloads and shorter routes. Safety standards, including collision avoidance systems, lane departure warning, blind spot monitoring, and driver fatigue detection, are increasingly integrated into commercial vehicles. Food trucks, rubbish collection, street sweeping, and passenger transport are among the various industries utilizing LCVs for their business needs. Autonomous driving and driver assistance technologies, like adaptive cruise control and electronic stability control, are gaining traction.

Alternative fuels, such as natural gas and electric vehicles, are emerging as viable options, with natural gas offering established infrastructure and fuel efficiency, while electric vehicles face infrastructure and cost challenges. Heavy-duty vehicles are equipped with advanced infotainment systems

The Asia Pacific Electric Commercial Vehicles Market report segments the industry into Vehicle Body Type (Buses, Heavy-duty Commercial Trucks, Light Commercial Pick-up Trucks, Light Commercial Vans, Medium-duty Commercial Trucks), Fuel Category (BEV, FCEV, HEV, PHEV) and Country (Australia, China, India, Indonesia, Japan, Malaysia, South Korea, Thailand, Rest-of-APAC). The report includes market size in Value and Volume, and more.

India Electric Commercial Vehicle Market was valued at USD 6.11 billion in 2025 and is expected to reach USD 17.48 billion by 2031 with a CAGR of 19.16%.

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Market Size	2025: USD 6.11 billion
Forecast Market Size	2031: USD 17.48 billion
CAGR	2026-2031: 19.16%
Fastest Growing Segment	LCV
Largest Market	North
Key Players	1. Ashok Leyland Ltd 2. Eicher Motors Limited 3. Infraprime Logistics Technologies Pvt Ltd 4. JBM Motor Limited 5. Mahindra & Mahindra Limited 6. Olectra GreenTech 7. Omega Seiki Mobility Limited 8. PMI Electro Mobility 9. Tata Motors Limited

The MENASA commercial vehicle industry size reached US$ 295.3 billion in 2022. Over the forecast period, demand for commercial vehicles in MENASA is anticipated to rise at a 7.5% CAGR. Total industry value is predicted to increase from US$ 314.4 billion in 2023 to US$ 647.0 billion by 2033.

Attributes	Key Insights
Base Value (2022)	US$ 295.3 billion
Estimated MENASA Commercial Vehicle Industry Value (2023)	US$ 314.4 billion
Projected MENASA Commercial Vehicle Industry Revenue (2033)	US$ 647.0 billion
Value-based CAGR (2023 to 2033)	7.5%
Collective Value Share: Top 5 Countries (2023E)	72.0%

2018 to 2022 MENASA Commercial Vehicle Industry Outlook Vs. 2023 to 2033

Historical CAGR (2018 to 2022)	2.0%
Forecast CAGR (2023 to 2033)	7.5%

Country-wise Insights

Countries	Projected Commercial Vehicle Industry Revenue (2033)
India	US$ 203.1 billion
Turkiye	US$ 59.1 billion
Thailand	US$ 58.6 billion
Indonesia	US$ 35.2 billion

Category-wise Insights

Top Segment (Class Type)	Light Duty
Predicted CAGR (2023 to 2033)	8.6%

Top Segment (Application Type)	Bulk Freight
Projected CAGR (2023 to 2033)	6.4%

In fiscal year 2023, India exported more than **** thousand commercial vehicles, of which around **** thousand were light commercial vehicles. Year-over-year, the export volume decreased by around ** percent during the same period.

The global commercial vehicles market size was valued at over USD 1.45 trillion in 2024 and is projected to grow at a robust CAGR of 6.1%, surpassing USD 3.13 trillion by 2037. The truck segment is projected to capture an 87% share, driven by increased logistics needs and infrastructure growth.

India Commercial Vehicles Market size was valued at USD 41.2 Billion in 2024 and is projected to reach USD 73.5 Billion by 2032, growing at a CAGR of 7.52% during the forecast period from 2026-2032.

India Commercial Vehicles Market: Definition/Overview

Commercial vehicles are defined as motorized vehicles that are designed and utilized for the transportation of goods, services, or passengers for commercial purposes. These vehicles are categorized as light commercial vehicles (LCVs), medium and heavy commercial vehicles (M&HCVs), and buses & coaches.

Furthermore, commercial vehicles are used across diverse sectors, including logistics and supply chain operations, deployed in construction and mining activities, employed for public transportation, and used in various other commercial applications.

Tata Motors sold the most commercial vehicles across India in financial year 2024, around 359.5 thousand units. Mahindra & Mahindra followed, with Ashok Leyland ranking third during the same period. Sales in financial year 2021 were affected by numerous conditions. Few of these conditions included the disruption of the market due to the COVID-19 pandemic, changes in axle load and emission norms, and a sluggish economy for the country, showing a decline in sales for manufacturers across most segments. Overview of commercial vehicle sales in India In financial year 2023, the sales volume of medium and heavy commercial vehicles across India reached above 359 thousand units. In the same year, India had contributed to the international trade by exporting around 78.6 thousand commercial vehicles. Out of these, nearly 20.3 thousand commercial vehicles were exported by Tata Motors in that year. Introduction to Tata Motors The market share of medium and heavy commercial vehicle trucks across India has been dominated by Tata Motors since years. Even more, the net revenue of Tata Motor’s group was almost 3.46 trillion Indian rupees in the financial year 2023.

Commercial Vehicle Transmission Market Outlook

The global commercial vehicle transmission market size is projected to experience substantial growth over the forecast period, with an estimated valuation of USD 54 billion in 2023 and a projected increase to USD 86 billion by 2032, representing a robust compound annual growth rate (CAGR) of 5.2%. This growth is driven by increasing demand for efficient and reliable commercial vehicles worldwide, spurred by the expansion of industries such as logistics, construction, and e-commerce, which require robust transportation solutions. Additionally, technological advancements in transmission systems, including the development of automatic and automated manual transmissions, are significantly contributing to the growth of this market.

One of the primary growth factors in the commercial vehicle transmission market is the rising demand for fuel-efficient vehicles. With escalating fuel prices and stringent emissions regulations being enforced globally, there is a pronounced shift towards vehicles that offer better fuel economy without compromising performance. This has led to increased investments in research and development by automotive manufacturers to innovate and enhance transmission systems, making them more efficient and environmentally friendly. Advanced transmission systems that optimize engine performance and reduce fuel consumption are increasingly being adopted, providing a significant boost to market growth.

Another crucial growth factor is the burgeoning e-commerce sector, which has heightened the demand for logistics services, thereby increasing the need for commercial vehicles. This sector requires a fleet of reliable vehicles that can operate efficiently across various terrains and climatic conditions. As a result, there is a growing preference for automated and advanced transmission systems that offer better driving comfort, lower maintenance costs, and improved vehicle performance. The increase in trade activities and the expansion of supply chain networks further necessitate the availability of robust commercial vehicles, which in turn drives the demand for advanced transmission technologies.

The technological advancements in the automotive industry are also a significant driver of market growth. The integration of electronics and software with mechanical components in transmission systems has led to the development of intelligent and adaptive transmission technologies. Features such as real-time monitoring, automatic gear shifting, and enhanced diagnostics have made transmissions more user-friendly and efficient, contributing to increased adoption rates. These technologies not only improve the drivability and performance of commercial vehicles but also ensure compliance with environmental standards by minimizing emissions and reducing fuel consumption.

Regionally, the Asia Pacific market is poised to dominate the commercial vehicle transmission market over the forecast period. This dominance is attributed to the rapid industrialization and urbanization in countries like China and India, which has increased the demand for commercial vehicles. North America and Europe also represent significant markets due to the presence of leading automotive manufacturers and a strong emphasis on technological innovation and sustainable practices. The Middle East & Africa and Latin America are expected to witness moderate growth, driven by infrastructural developments and increased government spending on public transport systems.

Transmission Type Analysis

The transmission type segment is a crucial determinant in the commercial vehicle transmission market, encompassing manual, automatic, and automated manual transmissions. Manual transmissions have long been the staple in the commercial vehicle sector due to their cost-effectiveness and mechanical robustness. They are particularly favored in regions with a high prevalence of heavy-duty vehicles, such as Asia Pacific and parts of Europe. However, the manual transmission segment is facing a gradual decline in market share as automatic and automated transmissions become more popular due to their ease of use and efficiency.

Automatic transmissions, while traditionally more common in passenger vehicles, are gaining traction in the commercial vehicle segment owing to their ability to provide smoother gear shifts and reduce driver fatigue, especially on long hauls. This transmission type enhances fuel efficiency and makes driving more comfortable, important factors for fleet operators looking to optimize their operations. The adoption rate of automatic transmissions is accelera

The India CNG Vehicles market is experiencing robust growth, driven by increasing environmental concerns, government initiatives promoting cleaner fuels, and rising fuel costs. The market's Compound Annual Growth Rate (CAGR) exceeding 4% from 2019 to 2024 indicates a consistent upward trajectory. This growth is primarily fueled by the burgeoning adoption of CNG in commercial vehicles, particularly light commercial vehicles (LCVs) like pick-up trucks and vans. The segment is benefiting from the cost-effectiveness of CNG compared to diesel and petrol, coupled with government incentives aimed at reducing vehicular emissions in urban areas. Major players like Tata Motors, Ashok Leyland, and Mahindra & Mahindra are significantly contributing to the market expansion through continuous product innovation and strategic partnerships to expand their CNG vehicle offerings. Further growth is anticipated from the expansion of CNG refueling infrastructure across India, especially in metropolitan regions. The medium-duty and heavy-duty commercial truck segments are also showing potential for growth as CNG technology improves and becomes more accessible for larger vehicles. However, the market faces challenges such as limited CNG availability in certain regions and the higher initial investment cost of CNG vehicles compared to their diesel counterparts. Despite these restraints, the long-term outlook for the India CNG Vehicles market remains positive, with consistent growth expected throughout the forecast period (2025-2033). The market is poised to witness substantial expansion as the country continues its push towards greener transportation solutions. The increasing urbanization and stringent emission norms are further bolstering the demand for CNG vehicles. The government’s focus on reducing carbon emissions and improving air quality is creating a favorable regulatory environment for CNG adoption. Moreover, the competitive pricing of CNG compared to petrol and diesel fuels is making it an attractive option for a wide range of consumers, thereby expanding the market base. While the initial investment might be higher, the long-term operational cost savings make CNG a financially viable alternative for businesses and individuals alike. The future growth will depend on factors such as the continued expansion of the CNG infrastructure network, technological advancements leading to improved CNG vehicle performance, and sustained government support in the form of subsidies and tax benefits. Furthermore, the development of more efficient and powerful CNG engines for heavier commercial vehicles will be a key determinant of the market's growth trajectory in the coming years. Recent developments include: August 2023: Tata Motors introduced upgraded CNG variants for its Tiago and Tigor models, along with the launch of the new Punch iCNG. The Tiago iCNG is priced between INR 654.9 thousand to INR 809.9 thousand, while the Tigor iCNG is priced between INR 779.9 thousand to INR 894.9 thousand. The Punch iCNG is priced from INR 709.9 thousand to INR 967.9 thousand.July 2023: Maruti Suzuki India Limited introduced FRONX S-CNG in their premium retail channel NEXA for a starting price of INR 841.5 thousand and going to INR 927.5 thousand.July 2023: Hyundai Motor India Limited (HMIL), launched the compact SUV Exter for a price of INR 599.9 thousand and going to INR 932 thousand. It comes equipped with a 1.2 l Kappa gasoline, a 4-cylinder engine (E20 fuel ready) with an option to choose from 3 powertrains that are manual transmission (MT), automated manual transmission (AMT) and gasoline with CNG engine with manual transmission MT.. Key drivers for this market are: Used Car Financing To Continue Solving Consumer Challenges In Indonesia. Potential restraints include: Trust And Transparency In Used Car Remained A Key Challenge For Consumers. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.