Completing 5 Glorious Years of Our Journey – Shriram Automall

Thanking our customers & the team for being a part of our journey & making it SUCCESSFUL.I wish best of luck for all future endeavors of the company & many more successful years to come. Sameer Malhotra, CEO Shriram Automall.

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We The Samilians!

Hear from our colleagues at Shriram Automall, what it’s like to work in the organization - fun!!!
Shriram Automall is country’s largest service provider for exchange of used commercial vehicles with a PAN India presence.

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World’s Biggest Manufacturers Sees India As Their Top Markets In 2016

2015 has been the year when the automotive market in India got the required push & showed some positive signs of growth, thanks to the new models launch by almost all manufacturers in the country. If 2015 was the beginning then 2016 is all set to be the metaphor that is all set to turn around the complete scenario. India is all set to be the 3rd largest automotive market in the world this year.

Big companies like Fiat Chrysler, General Motors, Volkswagen, and Mercedes Benz almost all big players in the world are betting for Indian market, market pundits are expecting Indian market to reach 6 million units by the end of this decade.

The new initiatives like ‘Make in India’ campaign by the government has already boosted the interest of these companies to come & invest in India. The Maruti Suzuki Baleno which is the first 100% developed car in India has already started its supply to Japan to target the world markets, witnessing the huge success of the car the company has given the task of developing 3 more cars fully developed by the R&D division of Maruti in India.

See Also: Hot selling hyundai cars in India you should know

Mercedes Benz is all set to introduce 15 new models in India by the end of the FY 16-17. Proposed investment that is promised to come in the ongoing FY is below:

Renault motors expects India to be one of their top 5 markets in 2016, the hugely successful Kwid has already triggered the kind of sales the manufacturer was hoping for, now the compact car is all set to debut in the world market with little changes that in terms of the emission standards & safety features.

The favorable Indian market conditions are acting like a catalyst for luxury & premium car makers who have proposed huge investment & received double digit growth when we see their annual sales.

On the similar lines the used vehicle market is also witnessing a boom time, thanks to the sentiment change in the minds of people & coming up of organized players like Shriram Automall for facilitates exchange of used vehicles in India. The company effectively deals in used commercial vehicle, construction equipment, Two & Three Wheelers, Passenger vehicles & Agri Equipments.

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Shriram Automall – Celebrating 5 Glorious Years of Business

Shriram Automall, country’s largest service provider for exchange of used vehicles & equipment is completing its five glorious years in business on 26th February 2016. To mark the grand event the company is organizing 40+ bidding events all over the country in a single day along with a health checkup camp for its customers in addition to awarding scholarships to deserving students at various locations. The company is organizing a grand event at their Manesar Automall in presence of Mr. Bhim Wadhwa, President All India Motor Transport Congress, Mr. Lakshminarayanan Chairman SAMIL, and Mr. Umesh G. Revankar, MD STFC.

The company since its inception in 2011 has organized 21,000+ bidding events, serving over 3,00,000 satisfied customers resulting in generating over 4,50,000 transactions. The company has been felicitated by some of the highest bodies of the industry including Apollo CV awards as the Fleet Enabler of the year, Winner Fleet Enabler & Innovation in Transportation Award by Express Logistics & supply Chain Conclave, Highest Bidding Events Physical & Online Record by Limca Book of Records & Felicitation by Chief Minister of Delhi for effective contribution towards society.

The mark the grand celebration Shriram Automall will be organizing 40+ bidding events at in every region the company operates in. The event will be followed by distribution of scholarship cheques to deserving students & a health checkup camp for its customers.

Shriram Automall is the only company working towards organizing the highly opaque market dedicated towards the used automotive industry. The journey of these glorious 5 years have been very encouraging, people from all over the country have shown trust & have came in huge numbers to participate in the bidding events both physical & online.

Lets Join Shriram Automall Event & come together to make this event a huge success.

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Best Checklist To Keep Your Car in a Good Condition

Here are some car care tips exclusively brought to you by Shriram Automall, India’s largest service provider for exchange of used commercial vehicles in India.

If you are looking forward to trade any kind of used vehicles in India, you can submit your requirement here to get a call back from us to assist you further!!

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National Highway Authority Of India Plans 50,000 KM Road Network Giving A Boost To Construction Equipment Industry

NHAI yesterday has shared its plan to construct 50,000 KM of road network in the next five to six years with an investment potential of nearly USD 250 billion (about Rs 17 lakh crore). The announcement was made yesterday by NHAI Chairman Raghav Chandra during the Make in India event.

The announcement comes in as a breath of fresh air as the construction equipment industry is looking for a booster to get revived in the country. Chndra also demanded the assistance of private sector to help the body in achieving their goal which means the project will be come in as a joint venture between the government & private sector. He said “We want the private sector to partner us to achieve this target. It is a stupendous job and private partnership is critical. We want private sector assistance not only for funding but also to bring in new technology and innovation in design and also their competency in management of these roads”

(Image Source: cleanemissions.com)

Various initiatives by the new government are helping revive the used construction equipment industry like the Make in India initiatives, identifying & construction of new highway roads. Currently there are nearly 14-15 projects where there are still some differences and we are confident of resolving them or take some decision where we can help them in any possible way.

With the above initiatives the construction equipment market is set to receive the required boost which it was waiting for, at the same time the used construction equipment market will also increase substantially. Construction business owner will be looking at acquiring used equipment so as to make the remaining investment in the business fruitfully.

Now, you don't have to wait so long to buy used construction equipment, simply visit Shriram Automall & inspect from a wide range to choose the best one for your business.

You can also submit your requirement here to get a call back!!

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TVS Apache RTR 200 Launched

TVS Apache, one of the most compelling racer bikes in India has recently unveiled its all new RTS 200 which comes as a successor of RTS 160 & 180 this year. The bike sports an all new chassis & engine when compared with the earlier version; it would be apt to say that the bike is a whole new product except the name & design. It would be fair to say that the RTR is one of the most significant evolutions not just in terms of design & engine.

(Image Source: gaadiwaadi.com)

See Also: Bajaj Launches The all new Bajaj V, Made of INS Vikrant Scrap Metal

The bikes comes in as a breath of fresh air when it comes to style, performance & handling, it’s a more refined & well-designed entry level performance bike. It will directly compete against the likes of Bajaj Pulsar AS 200 and KTM 200 Duke. With a power output of 21PS, a kerb weight of 148kg and a claimed 0-60kmph time of 3.9 seconds the RTR 200 look promising & may stand a step ahead, thanks to its competitive price. The bike is on offer with the option of either a carburetor or fuel injection, though currently it does get ABS even as an option. The carbureted Apache RTR 200 4V delivers 20.3PS at 8,500rpm and 18.1Nm of torque at 7,000 rpm while the fuel injected variant of the bike churns out 21PS at 9,000rpm and 17.5Nm of peak torque at 7,000rpm.

The bike comes in seven dazzling colors; it is easily the best looking bike under a price bracket of Rs. 1 Lakh delivering a healthy fuel efficiency ranging between 35-40kmpl through a combined riding cycle. Other additional details includes lap timer, fastest speed recorder and gear indicator.

The bike would certainly be a good option to buy with the mentioned super features, however if you are looking to buy used bikes at the best price than paying a visit to Shriram Automall will certainly help you. The company offers widest range of used bikes under single roof.

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Passenger Vehicle Market in India – The Complete Picture

The fact is not unknown that the passenger vehicle segment is one of the most growing & productive segment of the Indian Automobile industry along with the Two Wheeler Segment. 2015 has been the year the industry was looking forward to, with the change in government, its policies, rate cut by RBI; the segment witnessed marginal growth. However it’s the year 2016 that will prove to be the start of a new blooming era for passenger vehicles.

While 2015 has been a good year, the year 2016 is certainly one to look forward to. As per a recent research conducted by CRISIL, says that the small car will drive the passenger vehicle sales this year by making a marginal growth of 12-14%, while sedans are expected to grow at 6-%, UVs & Vans will grow by 8-10% & overall the market will grow by 11-13%.

 (Image Source: auto.economictimes.indiatimes.com)

 Growth momentum to accelerate in 2016-17 backed by an improvement in economic growth, rural demand and lower cost of ownership; Implementation of the seventh pay commission will provide an additional kicker to growth, while Sedan growth to remain moderate due to stiff competition from compact utility vehicles (UVs).

See Also:  facts of commercial vehicles market in India

The report also showcases the fact that 2016 is all set to belong to the compact & UV vertical of the segment as these segments will cover 44% & 15% share in the market respectively. 2015 saw decent growth in the sales of premium hatchbacks & entry level hatchbacks that will contribute immensely towards the same of the compact cars. Compact UVs have also attracted sedan customers with aggressive pricing, premium features and petrol variants.

 

As projected in the report the passenger vehicle segment will have a good growth in the coming years which will range from 11-13% till 2019-20. As the penetration is rising in the rural market, it will contribute to large extent driving the growth.

Below is the most sold vehicle study from 2009-2010 to 2015-2016:

Manufacturers are eying to launch at least 10-15 new models of cars by the year 2020 eying huge potential in Indian market. Most of these launches will arrive during the festive season which is regarded as the most influential purchase time in the Indian calendar. Mercedes Benz is eying to launch 15 new models in India which includes the CLA, the powerful A-class, B-class, S-class & more. Similarly Maruti Suzuki is also planning to launch 20 new models in India in the next five years & expects India to be the largest automobile market in the world by 2015.

If you are looking forward to buy second hand cars at the best price, you can always get in connect with Shriam Automall - a unique physical bidding platform to bid on used vehicles in India.

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The Commercial Vehicle Market in India – All You Need to Know

While we have seen a positive sentiment in the market for commercial vehicle sales in the FY 15-16, the new research conducted by CRISIL projects that the overall Commercial Vehicle market will grow in the coming year 2016-17.

(Image Source: theautochannel.com)

Year 2015 saw various fluctuations while the Light Commercial Vehicle segment saw a decline of (3)-(-5) in sales, the Medial & Heavy Commercial vehicle segment posted a sales increase of 22-24%, busses segment also saw a considerable rise in sales by posting 11-13% increase in sales, while in total the overall commercial vehicle market grew by 5-7%.

See Also: benefits of buy a second hand truck






As per the reports by CRISIL in 2016-17 all the verticals of the Commercial Vehicle segment will witness a healthy increase, that will eventually make the segment grow at an increasing speed. LCV sales to recover slightly in 2016-17 on higher consumption spend and improved financing availability. Despite lower growth trajectory, MHCV sales to sustain at healthy levels in 2016-17, growth forecast to moderate over a high base due to slowdown in replacement demand by LFOs despite modest improvement in macroeconomic signals (industrial growth, infrastructure projects, mining activity & agricultural output)

The report as per its forecast till 2019-20 believes that the industry will have a moderate growth where LCV segment will grow by 11-14%, MHCV segment will grow by 10-12%, Buses segment will grow by 8-10% & the overall growth will be 10-13%.

While the new commercial vehicle market will grow at a good pace, the used commercial vehicle market will also be witnessing the same boom, going by the current ration of 1:1 the number will increase at a good pace.

If you are looking ahead to buy used commercials vehicle in India, than visit Shriram Automall the company offers the widest line up if used commercial vehicles of all models under a single roof.

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The Two-Wheeler Industry & What to Expect in Future

The two wheeler industry from FY 2014-15 is fluctuating, where the sales of motorcycles have been down while the scooter segment has shown good improvement. However it’s the year 2016-17 where the industry experts are predicting high level of growth in all segments of the automobile industry in India.

As per a recent research conducted by CRISIL, says that the two wheeler segment will have a good growth overall in every vertical be it motorcycle, scooter or mopeds. 2015 witnessed a slight de-growth as rural income was weak due to lack of a normal monsoon.

See Also: Top 8 safety tips for motorcycle 

CRISIL projects the year will have a good motorcycle sales only if we have a normal monsoon & scooter market will grow due to number of factors like improving rural and semi-urban infrastructure, rising proportion of women in the workforce, improving mileage & last but not the least income boost provided by Seventh Pay Commission to buoy demand.

As per the research Rural India will be contributing more in driving the growth & the number of two wheelers plying on the road will just be doubled by the end of year 2019-20.

As the demand for new two wheeler increases the used two wheeler market is also set to have a big boost as the current ratio between new & used two wheeler is 1:1 & taking the same ratio, by 2019 the used market will also be doubled in numbers.

Excited to buy a used two wheeler in India, visit Shriram Automall India Limited that offers the widest line up of used two wheelers of all brands under a single roof, along with other allied services like parking, valuation, and refurbishment etc. for its customers.

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The Urban Used Car Market – All You Need To Know

(Image Source: theautochannel.com)

The used car market is one bright shining spot in this sluggish automotive industry since last few years. Always rising price of petrol & then the inability of people to buy a new car due to high interest rates lead to the change of people’s mindset to buy a used car. This trend was realized by various automotive manufacturers in early stages where they invested huge amount in setting up the dealerships for used car all across the country.

Coming up of organized players like Shriram Automall who with their effective process won the trust of customers & expanded their wings all over the country within a short span of five years only. Thanks to all these development, now the used car market is estimated at the same size as of the new car market.

See Also: Top tips to buy a used car

In this blog we give you the insight of the buyers of used car in India. As per a recent study by Deloitte, 67% of the used-car customers are in the age group 26-35 years, 22% of all customers are between 36-48 years of age. 66% of the customers have 2-4 members in their family, 30% have 4-6 family members.

As a known fact today majority of the used car customers are first-time buyers, 78% of customers from South and West are first-time buyers. North has the lowest level of first time buyers at 62%. Among these, a high percentage of people are upgrading from a two-wheeler to a for-wheeler.

What they look in while buying a used car?
•    Brand
•    Kilometers
•    Condition of car
•    Budget
•    Vehicle type

What is the ideal age of used car to buy?

Most customers buy a 2-4 years old car, the trend is largely similar across regions and from both customer and dealer perspectives. It’s been found like players who offers only certified used cars sell more other unorganized players. As reported most customers like to visit at least 1-2 dealerships before taking their buying decision & finalize their purchase within 5-10 days.

So, why wait so long when you can easily buy second hand cars in India. Visit Shriram Automall to choose from a wide range of used cars at the best price.

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The World Of Great New Possibilities – Auto Expo 2016 Came To An End

Auto Expo 2016, the world of new possibilities will be coming to an end today. The spectacular platform which witnessed a launch of over 80+ products was visited by over 6 Lakh people in the 5 day event which is the highest when compared to any other motor show in the world.

Shriram Automall India Limited which participated in the Expo to show their live bidding demo would like to extend their thanks to everyone who visited them at stall. The company conducted 15 bidding demo which were thoroughly enjoyed by the visitors & saw huge participation.

 
Various exciting gifts were also distributed to the winners who placed their highest bid to win the ramped vehicles. Calling the event a sure shot winner, Mr. Girish said I was thrilled to participate in the demo & win the price, thanks Shriram Automall for providing us such experience.

The event was visited by a number of celebrities mainly from the film industry to attract more visitors towards their stall. Greater Noida as the new venue for Auto Expo has good a huge thumbs up from the management of all OEMs as it provided them with an opportunity to display world class stalls & product launches.

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Top Points To Inspect a Wheel Loader

Hope these tips will help you to get the best wheel loader. Also, if you are looking to buy second hand construction equipment, visit Shriram Automall & select from a choicest range of used construction equipments under one roof.

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AUTO EXPO DAY – 2, THE EXCITEMENT CONTINUES

(Image Source: autoexpo-themotorshow.in)

As expected by the organizers the Auto Expo 2016 has been witnessing huge turn up of people at the India Expo Mart Greater Noida, as reported by Economic Times today, the first day witnessed a huge 80, 000 visitors on day 1 despite being just open for 5 hours for general public.

Day two is expected to be bigger & better with a number to increase to more than a lakh. The decision of SIAM, CII & ACMA has got huge thumbs up by the industry as it is said to have presented the Indian Auto Expo at PAR level when compared to the world. Exhibitors have a better floor & space to present their products at an international level here.

Presenting its unique services of bidding for buying & selling used vehicles & equipment, Shriram Automall participated in the Auto Expo for the second time. The company is already attracting huge crowd towards its stall no E3A, Hall No. 2, thanks to the demo auctions conducted all days at 12, 3 & 5 PM where visitors can participate by placing highest bid to win exciting gifts.

Shriram Automall is one of the largest players to conduct bidding events at such a large scale in India. The company is over 150+ bidding locations that include 55 strategically structured Automalls from national highways to even remotest corners of the country.

Backed by India’s largest SBFC Shriram Transport Finance Company, SAMIL is growing at a fast pace & is being recognized by all national banks & manufacturers for disposal of their unused inventory easily.

To get more updates from Auto Expo 2016, Subscribe Now

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In The Midst Of All New Launches – Shriram Automall Steals The Show

Auto Expo 2016 is creating the required buzz, thanks to the number of new launches by top manufacturers around the globe. As told earlier the show had more than 80 new launches & will witness a crowd of roughly 6 lakh people together.

In the midst of all the bling & new launches, Shriram Automall emerged as the surprise entre where people came & had a time of the event. The company conducted demo of live bidding event at their stall no E3A, Hall No. 2 that attracted a large chunk of audience to participate & win exciting goodies.

The first bidding demo was scheduled at 12:00 PM, Thursday, after the grand opening of their stall by Mr. Umesh Revankar, MD – STFC India. People first came in to understand the process & soon after they placed highest bid on number of cars, two wheelers, trucks etc to win.

Total of 6 segments were put to bid on & people thoroughly enjoyed the experience they had, that in return also served the objective of the company by education people about their business platform.

Calling the event a sure shot winner, Mr. Girish said "I was thrilled to participate in the demo & win the price, thanks Shriram Automall for providing us such experience."

The company is all set to conduct demo auctions on all days from 5-9 February at 12:00, 3:00 & 5:00 PM.

Shriram Automall is one-of-its kind facility, is a wholly owned subsidiary of Shriram Transport Finance Company (STFC). It is India's first-ever service provider that offers various well organized and transparent bidding platforms, including physical, online, one stop classified and negotiated deals, for acquisition & disposal of pre-owned commercial vehicles, construction & industrial equipment, tractors & agricultural equipment, passenger vehicles, three wheelers and two wheelers. Company has its presence all over the country with its already established 55 Automalls and 100+ bidding locations. The company has been awarded ISO 9001:2008 certification for its Quality Management System and rated AA+ from CRISIL.

To get more updates from Auto Expo 2016, Subscribe here

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Top Things to Consider While Looking To Purchase a Used Car

The information presented in this Infographic may come in handy for buyers looking ahead to buy a used car. Buyers actually have more information as they research well on which model to buy. The final decision lies in their hands only.

If you are looking forward to purchase used cars in India, you can always pay a visit to Shriram Automall - a unique bidding platform to bid on your choice of second hand cars or you can also submit your requirement to get a call back from us at the earliest to assist you further in order to get you the best pre owned car in your budget.

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Auto Expo Kick Starts with a High Pace

Auto Expo 2016, the largest motor show in the country is expected to set the pace for the year 2016. The expo has already started & in the first few hours we see a number of new unveilings & important launches.

Expecting a footfall of over 6, 00,000 lakh people; the Auto Expo this time is the biggest & largest show ever.

Below are some of the launches at Auto Expo:

Maruti Vitara Brezza - Designed & developed entirely in India the Brezza is 3995 mm long and 1790 mm in width. It’s height is 1640 mm. It has 378-litres of boot space and tyres are 16-inch wide.

Hyundai Carlino – The company revealed its upcoming sub-compact SUV’s concept at the Auto Expo along with the preview of updated Tucson and i20-based sub-compact SUV concept.

Physical Bidding by Shriram Automall – The Company presented the demo of its unique physical bidding demo at the stall that attracted a lot of visitors to participate in & win exciting prices. The company is largest service provider for exchange of used vehicles & equipment.

Honda Navi – It is an all new segment in Fun Riding that will be initially offered in 5 colors & is priced at Rs. 39, 500. The all new segment is powered by a 110 CC engine capable of producing 7.83 hp at 7,000 rpm and 8.96 Nm of torque at 5,500 rpm.

Chevrolette Corvette – highlighted as one of the main attraction at the Auto Expo the all new Corvette is priced at US$55,400 & features GM’s 6.2-liter LT1 naturally aspirated V8 engine SAE-certified at 455 hp (339 kW) and 460 lb.-ft. (624 Nm).

Stay Tuned for more updates on Auto Expo 2016 right here…

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Bajaj Launches The all new Bajaj V, Made of INS Vikrant Scrap Metal

Kudos to Bajaj for thinking out of the box & coming up with a bike that strike just the right patriotism chord in the heart of Indian consumers on the republic day. Yes we are talking about the Bajaj V which is launched today & the deliveries in India will start within a month.

Bajaj aired its first commercial on 26th January 2016 which stroked the right feeling of patriotism in the heart of people. On the launch Eric Vas, President, Bajaj Motorcycles, said, "After the news to dismantle INS Vikrant came in 2014, we decided to do something about it. INS Vikrant is a symbol of India's military power projection and Bajaj wanted to remind the nation, and also remember, INS Vikrant's story."

(Image Source: auto.ndtv.com)

The production as commented on the event will begin next month & the deliveries will start from the first week of March. The all new cafe bike will be priced between Rs. 60,000-70,000 & will be produced at a quantity of 20,000 per month.

See Also: Ford launches its all new Endeavour 2016

The bike features an air-cooled DTS-I 150cc two-valve, four-stroke displacement. In keeping with its target audience a kick-start has been offered as standard with an electric start variant on offer. It also offers a solid 1.2kgm of torque from 3,000rpm, while peak torque is available at 5,500rpm. Though no detail about the Mileage has been disclosed by the company but we believe that it will surpass the average of its sister Discover 150. As far as color options are concerned, Bajaj V is being offered with 2 choices: Ebony Black and Pearl White.

With the upcoming launch Bajaj is geared up to set the tone by beginning the New Year on the right note.

If you are looking to buy used bikes in India than head over to Shriram Automall, the company offers widest range of used two wheelers to choose from under a single roof.

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