• Shriram Automall India Limited now sprawling in PAN India with 80+ well established Automalls!! • 80th Automall Inaugurated in Surat, India!! • Shriram Automall is best known for being the largest used vehicle and equipment transaction platform offering convenient allied services.!! • Shriram Automall MOBILE APP LAUNCHED...!!Download the app now!! • Sameer Malhotra – CEO, Shriram Automall India Ltd. as Esteemed Jury at Equipment India Awards 2017.!! •Shriram Automall with CarTrade Exchange is the largest online vehicle and equipment transaction platform. •Offering Valuation and Inspection Services in 2hrs turnaround time through Adroit Auto, Shriram Automall is the leading name.!!

Tuesday 3 May 2016

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 7th 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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