Shriram Automall Won Two Prestegious Awards at INDIAN BRAND CONVENTION – BAM AWARDS 2016

Shriram Automall bags “Most Promising Brand in Pre-owned Automobile Industry” and “Best Online Market Place in Pre-owned Automobile Industry”  at the prestigious Indian Brand Convention – BAM Awards 2016

  

Shriram Automall India Limited (SAMIL), India’s No.1 platform for exchange of pre-owned vehicles and equipment has been recognized with accolade by “Indian Brand Convention – BAM Awards 2016” under the categories of ‘Most Promising Brand in Pre-owned Automobile Industry” & “Best Online Market Place in Pre-owned Automobile Industry”. The award ceremony was conducted on 28^th May 2016, at Ramada Gurgaon Central, Delhi NCR.

Shriram Automall has been recognized as the Most Promising Brand in Pre-owned Automobile Industry” as the company is working towards organizing the highly unorganized market dedicated towards exchange of used vehicles & equipment for over 5 years. The company brought forward innovative approach for the acquisition and disposal of pre-owned vehicles & equipment through its unique bidding platforms especially Physical and Online Bidding along with Private Treaty and OneStop Classified Kiosk.

As the largest player in disposing used vehicles & equipment online Shriram Automall has been recognized as “Best Online Market Place in Pre-owned Automobile Industry”. bids.samil.in 6,683 online bidding events, the highest number in a year, for acquisition and disposal of pre-owned vehicles and equipments during the financial year 2014-15 through bids.samil.in

On the occasion Mr. Sameer Malhotra, CEO, Shriram Automall said, “These honor entrench the fact that we are indeed on the right path to success. We have understood the needs of our customers and provided them with the right choice of used vehicles & equipment to acquire or dispose at an optimal price which in turn is helping them to take their business towards new success. Here we would like to thank all our customers & employees for their continous support & belief in the company.”

Started in 2011, it has served over 3 Lac unique customers, conducted over 30,000+ bidding events which resulted in a successful 4.5 Lac+ transactions.

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SHRIRAM AUTOMALL – TECHNOLOGICALLY DRIVEN COMPANY

Shriram Automall India’s No. 1 platform to buy & sell used commercial vehicles & used construction equipment across the country has been keeping pace with the latest technological development around the world.

On 11^th May 2016 the company presented 2 new platforms & 1 new mobile application to simplify the bidding process.

“As a technologically advanced company Shriram Automall has always encouraged innovation in working & as a result we present you with our new launches that will help you complete the tedious tasks in a hassle free manner.” Sameer Malhotra, CEO Shriram Automall

SAMIL BI & MIS Manual

Eliminate the Hassles of Generating the Business Report Charts Manually

SAMIL BI & MIS is a portal developed to eliminate the hassles of generating business report manually; the portal is linked with the pass server and can generate reports for a sale, stocks, event calendar & inventory in a hassle free manner.

Generate Report for:

·         Sale

·         Stock

·         Event Calendar

·         Inventory

Desktop Physical Live Bidding & Voice Casting

All new feature to help customers participate in physical bidding events anywhere from their desktop. Bid on your desired vehicle & equipment easily

Benefits:

·         Bid from wherever you are through your desktop

·         Pay the RSD Amount Online

·         Listen to live bidding event for transparency in process

SAMIL Mobile Application B2C

·         Easy, Smart & Convenient Bidding in Your Smartphone

·         SAMIL Application is related to end user technology comfort with advance features like new registration,

·         KYC upload, participation in physical bidding event, and contacting nearest Automall easily. User can download the app from the corporate website or from Google play store.

Customer Mobile App can be used for:

·         Customer Registration

·         KYC Upload

·         Physical bidding (Bidding Live Auction)

·         To see nearest Automall location (Contact us)

·         About us page

Download the app now - https://play.google.com/store/apps/details?id=com.samil.customer

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Maruti Suzuki to Launch Super Carry this year – We find out what it looks like

Maruti India’s one of the most anticipated projects to enter the Light Commercial Vehicle segment in India has finally taken some concrete shape. The company will launch its Super Carry truck later this year and will also export it to markets like South Africa from June 2016.

The light commercial vehicle is capable to shedding load up to 750 Kg and is 3.8 meters long and 1.56 meters wide, and features a load deck measuring 2.18 x 1.49 meters. It has a ground clearance of 175 mm and a turning cycle of 8.6 meters diameter.

In India the truck will be powered by a 0.8-liter twin-cylinder diesel engine used on the Celerio, however for the South African market it will get a 1.2-liter GB14 four-cylinder petrol engine with multi-point fuel injection. Talking about the power, it develops 72 hp at 6,000 rpm and 101 Nm of torque at 3,000 rpm and is paired to a 5-speed manual gearbox driving the rear wheels. The company also claims that super carry is the most fuel efficient in its class and comes with a 3 year, 1, 00,000 KM warranty.

In India the company is planning to introduce a CNG/LPG option along with the petrol version. The truck is expected to be launched at a price of Rs. 5.58 lakhs and will give tight competition to Tata Ace.

Meanwhile if you are looking to buy a used truck in the carrier segment, you can visit Shriram Automall, the company offers widest range of used trucks of all makes and models under one roof.

“Used truck market since 2015 has been showing positive growth as the demand is now increasing thanks to the governments initiatives to clear various stuck projects. Now we can expect the segment to be stable for a longer run.” Sameer Malhotra, CEO, Shriram Automall

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Shriram Automall Mobile Application – Easy, Smart & Convenient Bidding on Your Smartphone

As a part of our endeavor to be a technologically advanced company; Shriram Automall has launched its all new mobile application for making the bidding process easy & convenient for its customers. With the launch we aim to facilitate customers who are unable to visit our automalls to bid on their desired vehicles due to various reasons. With this application in hand, users have higher chances to emerge as the highest bidder and own their dream vehicle or equipment. We bring our customers one step closer to their dream vehicle.

The all new application is aimed to simplify the process of bidding along with the process of registration and RSD (Refundable Security Deposit) payment etc among the others. The application is 100% free and can be downloaded directly from Google Play Store.

By using the application, a customer can easily get registered by filling a form with his/her personal details along with uploading the KYC documents, pay the RSD (Refundable Security Deposit) amount through credit or debit card, net banking, mobile wallet and IMPS, participate in physical bidding auctions and contact the nearest Automall. The application will not only give real time access to all physical bidding events but also provide detailed information about available inventories of live & upcoming scheduled bidding events.

Screenshots

Application Specifications:

Size – 8 MB

Compatibility – Android 4.1 & above

Download Link - https://play.google.com/store/apps/details?id=com.samil.customer

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Indian Automobile Industry expected to grow fourfold, thanks to the Automobile scrapping policy

As the country is waking up for an environmental concern of air pollution, the government proposed a car scrapping policy under which any vehicle of 10 years and above can be scrapped with some benefits offered to buy a new car. Mr. Nitin Gadkari, Minister for Road Transport and Highways believes that the new incentive policy has a potential that could even quadruple the turnover of the automobile industry.

”We will put the vehicle scrapping policy on a website within a week to seek suggestions and based on that we will seek Finance Ministry's approval. Once approved, it will be sent for the Cabinet nod,” Gadkari told PTI in an interview.

The incentive scheme will feature an excise rebate of 50% on new vehicle purchase, additionally respecting the demand from the government the automobile industry will also be offering additional benefits over and above the government incentives like discount on purchase of new vehicle if a person provides the certificate of scrapping to the dealer.

The government is also considering a financial incentive of up to Rs 1.5 lakh on surrender of vehicles that are over 10 years old to check pollution and address safety concerns.

Small vehicles will be offered an incentive of up to Rs 30,000 for those surrendering small vehicles while trucks could be in for total benefits worth Rs 1.5 lakh.

This new move is intended to enable the entry of cleaner vehicles on the roads that emits less pollution when compared to the old ones. Also the move when implemented will also increase the demand for new vehicles all around the country as large number of people will opt to change their old car amid the incentives they will be getting.

While the policy will take some time to get fully implemented meanwhile sell your used vehicles at Shriram Automall anywhere in India. The company follows an easy process to buy or sell used vehicles in India through their transparent bidding platforms.

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Indian cars failing crash test; who would take the blame?

Source - http://b-i.forbesimg.com/

Indian cars have always been in news for offering poor safety measures and when we come across the reports of cars going under a crash test by the New Car Assessment Program, we tend to worry as we now know what the result will be.

After the circulation of these reports begin the blame game & whom to point fingers at. We have three main players who play a key role in deciding upon the standards of Indian cars.

The Manufacturers

It’s almost certain that the first people we will point fingers at will be the manufacturers themselves as they are the ones who sell unsafe cars to us. In the latest crash test we had three versions of the Renault Kwid, Mahindra Scorpio, Hyundai Eon, Maruti Eeco and Maruti Celerio. As per reports all these seven cars have an unstable body and zero capacity to stand a situation of accident.

As Indian car buyers are extremely price conscious they tend to buy a car which is cheap in price, that’s why manufacturers in order to reduce their cost use cost effective material which may be subsidized on security measures.

The Government

The fact is not unknown that the car safety norms in India have not kept pace with the changing times & technologies. Now the government is all set to introduce the Bharat New Vehicle Safety Assessment Program (BNVSAP) which will make India’s car safety more stringent.

As the road network is expanding & quality is checked, the cars launching today are capable of reaching very high speed which on the other hand can be lethal. 

Government needs to ensure that the basic safety features are installed in all models making the buyers safe.

The Car Buyer

Ultimately it is the car buyer who decides to buy a car with high price value or not. The question here is a matter of life & death and we cannot put a price on life. Buyers need to pay extra attention to the safety features while buying a new car, this will give manufactures the required confidence in making good cars with added safety measures. Make the right choice, spending little more on safety will only help you in the years to come.

“While price is an important factor before making a purchase decision for all Indian buyers, we must never forget that spending a bit extra on safety measures will only save you and your loved ones” Sameer Malhotra, CEO Shriram Automall

Meanwhile if you are looking to buy a used car anywhere in India you can visit Shriram Automall, the company offers widest range of used vehicles of all make & models under single roof.

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Buying a pre-owned commercial vehicle – Where else but Shriram Automall

As the transportation business is expanding its path with all new and improved government policies in place, business owners are in a hurry to buy both new & pre-owned commercial vehicles that will help them apply for the tenders & complete them in due course of time. 

Now many people are in a dilemma whether to buy a new commercial vehicle or a pre-owned commercial vehicle. While we have already listed the benefits of buying a pre-owned commercial vehicle earlier, now we bring you the best place from where you can buy a pre-owned commercial vehicle at optimal price & best condition.

While there are many players who claim to offer the best pre-owned commercial vehicles in India what makes Shriram Automall different is their business process; the process which is certified by ISO & CRISIL standards for transparency & clarity in deals.

The company offers widest range of pre-owned commercial vehicles at all their 57+ Automalls around the country. Tata, Mahindra, Ashok Leyland and more, all make and all brands under one roof for the customer to choose from.

Register, inspect and bid on the pre-owned commercial vehicle you desire. Our extremely exciting bidding process helps you bid on the vehicle & buy it in most optimal price when compared to the market.

Not only that, you can also avail the facility easy finance on the pre-owned commercial vehicle you buy through Shriram Automall with minimum set of documentation required. Parking, valuation, documentation, new look refurbishment and general/life insurance like services to offer complete hand holding for a better relationship with its customers.

Within only 5 years, a pre-owned commercial vehicle segment is their largest business contributor and holds a promising future ahead. 

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Top Selling cars in April 2016

Automobile industry has started the new financial year in a good note in spite of price hikes by automakers as most of the carmakers witnessed growth in April 2016. Alto continues its legacy in the most selling passenger cars for the month of April as it is again in the top position by selling 16,583 units. Although, both Alto and Swift have posted negative growth of 23% and 15% respectively but still they are holding first and second position. In this month, Kwid held sixth position by selling 9,840 units. 

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Most exported PVs from India in 2015-16

There are many passenger vehicles which have been failed to impress domestic buyers but have won global customers. For instance, Ford EcoSport has been facing tremendous competition from Hyundai Creta and Maruti Suzuki Vitara Brezza in Indian market but has topped the list of the most exported passenger vehicle from India. The American carmaker grew by 51% in 2015-16 to export 83,325 units in FY16 compared to 55,178 units in the last financial year.

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New Key Technologies in the Small Commercial Vehicle Segment

Now days we see truck buyers focus on more technologically advanced trucks to increase their productivity & maximize their output. As Small Commercial Vehicle are an integral part of today’s transport industry we see a lot of new advancements coming to the segment to ensure better fuel economy. These SCV are responsible for goods delivery within the city so the mileage becomes an important factor to choose.

Turbocharged Engines

As most of the small & pickup trucks run on diesel and diesel requires more air to burn properly, it becomes essential to ensure proper air supply at high speed and temperatures, so turbochargers are the best components to use as they suck more air to burn fuel properly.

Automatic Start-Stop

Industry for quite a long time was in a myth that switching engine on & off every time consumes more fuel. Now, the auto makers have busted the theory by providing auto start-stop button in vehicles to save some fuel while on short breaks.

Commercial vehicles are now coming equipped with this update that is helping them save a lot of fuel while stuck in a jam.

Direct Injection

Indirect injection of fuel in the combustion chamber has now been replaced with an effective manner called direct injection in which fuel is put in the chamber in a precise way. Through this technique fuel wastage is eliminated by pressurizing the fuel for better burning.

Saving fuel has always been one of the major concerns for the commercial vehicle industry & with these effective technologies we hope to achieve the desired results.

Meanwhile if you are looking to buy secondhand commercial vehicles at competitive price, than paying a visit to Shriram Automall will turn handy as the company offers widest range of secondhand commercial vehicles under one roof.

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Readjustment of Petrol-Diesel Variants by OEMS

Since 2013-14, petrol variant passenger vehicles started to gain popularity over diesel variants. Petrol-run variants accounted for 56% of India's passenger vehicle sales in 2015-16. However, 42% petrol variant passenger vehicles were sold in 2012-13 against 58% diesel variant. In recent times, the trend has been much clear as the Supreme Court impose a ban on the sale of large diesel vehicles in the National Capital Region over pollutions concerns in late 2015. Consecutively, share of petrol variants jumped to 59% in March 2016. So, OEMs have started to make investment to readjust the pattern.

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DELIVERING THE CHOICEST PRE-OWNED COMMERCIAL VEHICLES

The road to success for a business involving ‘Auction’ as a preferred means of buying & selling used commercial vehicles was unexplored in India, that’s when Shriram Transport Finance Company laid the foundation of Shriram Automall India Limited in February 2011 at Chennai.

Today, within a short span of time the company is recognized as INDIA’S No. 1 PLATFORM for exchange of pre-owned commercial Vehicles & Equipment in a TRANSPARENT & ORGANIZED fashion. Every day, all over the country, thousands of people come to Automalls and visit our website to inspect, bid & win pre-owned commercial vehicles or equipment of their choice.

Choice is what the company has offered to its customers, it offers wide lineup of used Commercial Vehicle, Construction Equipment, Agricultural Equipment, Passenger Vehicles, and Two & Three Wheelers under single roof.

Our Physical & Online bidding platforms offer UTMOST TRANSPARENCY in handling the customer expectation during transaction in a fair & simple process.

We at Shriram Automall are always evolving, we believe in adopting modern techniques yet sticking to our core values. That’s how we have been serving a customer base of over 3, 00,000 CUSTOMER accounting for over 4.5 LAC+ TRANSACTIONS in a small duration of just five years.

1.       We are India’s No. 1 Platform for Exchange of used vehicles & Equipment

2.       We are 100% Subsidiary of Shriram Transport Finance Company

3.       Our Process are certified by ISO 9001:2008 Standards

4.       We have strong AA+ ratings from CRISIL

5.       We hold two national record for conducting highest number of Online & Physical Bidding events in FY 2014-15

6.       Winner Fleet Enabler of the Year by Apollo CV Awards 2012

7.  Winner Transportation Leadership Awards - Fleet Enabler of the Year, Innovation in Transportation

8.       We have conducted over 30,000 Bidding Events resulting in 4.5 Lac+ Transactions & 3 Lac+ Buyers

Get in Touch for buying or selling second hand commercial vehicles in an organized way.

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E-vehicle industry to get a handsome investment in India in couple of years

E-vehicle industry has been seeing a good boom in the whole world after the most powerful leaders decided to move on to sustainable energy recently in the Paris Climate Summit.  India which is witnessing a highest FDI floe following the PMs Make in India campaign has started to receive investment in the E-vehicle industry as well.

As per recent development Sweden based electric vehicle maker Clean Motion plans to invest $10Million (66 Cr.) in a span of 3 years to expand their operations in the country including a new assembly unit for their Zbee three- wheelers in the country.

The company is targeting malls, SEZ & even tourist places to position their Electric Three Wheeler as a premium product when compared to E-rickshaw.

The government under National Electric Mobility Mission plan is also planning to offer attractive subsidy to promote the production of e-vehicles in the country with a target of having seven million electric and hybrid vehicles in India by 2020, meanwhile the governments of Delhi and Karnataka have already eliminated all local taxes on electric vehicles. The government has also created a working group under transport minister Nitin Gadkari which is evaluating the possibility of switching entirely to electric vehicles by 2030.”

Meanwhile it will still take some time to get efficient vehicles like Tesla and others in the country, you can contribute your best towards the environment by driving a vehicle powered by CNG. Visit Shriram Automall to sell your used cars in India & also get financial assistance on buying new vehicles.

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Positive Sentiment in Tractor Industry

Tractor industry is considered as the barometer to measure rural market sentiment in the nation. On the basis of good monsoon forecasting, Indian tractor industry has witnessed a positive sentiment in April 2016. India's largest tractor company Mahindra and Mahindra has recorded growth of 22% in April 2016 to sale 20,704 units against the same month last year. In the same time and Escorts and Sonalika International Tractors have registered growth of 10.3% and 7% to sale 4,000 and 5,392 units respectively in April 2016. More so, credit rating agency ICRA has forecasted that the industry is likely to grow by 5-6% in 2016-17.

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FY 2016-17 began with a positive note for all segments

Year 2015-16 which ended on a positive note for the automobile industry speculated the year 2016-17 to further increase the demand considering the factors like introduction of 7^th Pay commission, price of petrol & diesel and lower rate of interest. Proving all the factors right the month of April witnessed good number of sales in all segments in spite of price hikes by automakers which has boosted the momentum.

All major OEMs posted a good number of sales growths in comparison to April 2015. Festive mood of people thanking the occasions of New Year (Gudi Padwa, Baisakhi, Vishu, Bihu, Ugadi and Cheti Chand) offers. Top passenger vehicle players like Maruti Suzuki India, Hyundai Motor India and Mahindra & Mahindra – posted healthy sales figures to kick-start 2016-17 on a high note. Like the last fiscal, the medium and heavy commercial vehicle (M&HCV) segment continues to grow in double digits but importantly light used commercial vehicles have posted positive numbers, signaling overall growth in the sector.

The only negative factors which lead to decline in the sales of Diesel vehicle is the continuing diesel vehicle ban above 2000 cc in the National Capital Region because of which some major OEMs like Honda, Toyota, Mercedes etc. were not able to pull through the last year sales, however they are confident that this year will be a good one and all the arrears will be met with high number of sales.

Meanwhile the sales of used vehicles & equipment are also on a record high thanks to coming of organized players in the industry like Shriram Automall. The company offers widest range of used vehicles & equipment of all make and models under one roof to choose from at competitive price.

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Scooter is gaining popularity over motorcycles

Over the last five years, the share of scooters has increased from 19% to 31% in 2015-16 and in the same period the share of lower executive bikes (priced around ~Rs. 50,000, same as scooters)has shrunk from 35% to 24%. In the more developed states, scooter has already crossed the 40% mark is still increasing. Trend towards scooter is most positive for Honda.

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SIAM comes in support of Diesel Vehicle Manufacturers

Source - http://resize.indiatvnews.com/

As per a recent statement by Society of Indian Automobile Manufacturers (SIAM) which came in support of diesel vehicle manufacturers said that ‘such restrictions is not going to achieve the desired objective to reduce pollution in the city & will only cause problem to OEMs and dealers’

The department of heavy industries on Friday pleaded to the Supreme Court to allow vehicles confirming existing emission norms to ply on Indian Roads. It also said that since the launch of PMs ‘Make in India’ campaign it has witnessed a steep increase of over 8% & has received investment of a whopping $5.094 billion in this sector. The ban if continues will have adverse effect on the ongoing momentum of the industry as it contributes to more than 47% of the manufacturing GDP of the country.

The ministry also suggested some of the corrective measures that it will take to ensure less omission of pollution by diesel vehicles like Pollution under check certificates issued to vehicles will be strictly regulated, measures to improve air quality, tolls on vehicles entering Delhi unnecessarily etc.

Meanwhile SIAM also said that due to uncertainty arising out of the ban on diesel cars and SUVs of 2,000 cc and above engines, many MNCs have decided to freeze further investments in India until complete clarity is achieved on key policy issues.

It is today when the Supreme Court decided whether to wave off the decision to continue with the same.

However to avoid this tussle in an efficient manner you can visit Shriram Automall and sell your used diesel vehicle easily, the company offers most transparent platform with the highest database of customers who are willing to buy used vehicles at an attractive price.

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