who are stuck with 15,000crore worth of BS-III compliant vehicles
Source - http://www.ti-insight.com
Supreme Court result is finally out, finally BS-III vehicles
sale is banned in the country. This Wednesday i.e. 29th March’2017,
after the final result from Supreme Court, Auto Stocks fell by 3% as vehicles
which are not compliant with BS-IV norms are not to be sold or registered after
1st April’2017.
The Automobile industry, which is stuck with the stock of 8.24lakh
units of unsold BS-III vehicles, has faced quite a downfall, whereas Passenger
Vehicle Manufacturers, who already started manufacturing BS-IV compliant
vehicles, will not face quite an impact on them after BS-III vehicle ban.
These 15,000crore worth of vehicles, which are at huge risk
now has turned out to be a setback for India’s automotive industries, as they
are now stuck with the hundreds of thousands of vehicles compliant with BS III
norms, which are now scrap for the industry.
Shriram Automall India Limited (SAMIL), the Largest Platform
for Acquisition and Disposal of Pre-owned Vehicles & Equipment in India, is
looking forward to help the automotive manufacturers, to get rid of the huge
BS-III compliant vehicle stock which is now scrap.
Automotive Manufacturers, dealers can look up to SAMIL, for
disposal of this huge stock. As company has large database of customers over
the country, and through its 67 unfurled Automalls and 150+ Bidding locations
in the country, company can successfully help manufacturers to get rid of their
huge left over unsold stock of BS-III Compliant vehicles.
Indian market, being quite price sensitive, will gladly
offer optimal prices to buy these vehicles from SAMIL. This might not make up
for the loss that manufacturers will face but this will definitely help them
cover half of their loss and also they will not have to store the big stock in
their inventory.
With huge customer footfall that SAMIL, witness on daily
basis in its Automall, the stock will be sold at optimal prices with complete
transparency quite efficiently and effectively.
Sameer Malhotra (CEO,
Shriram Automall) added “We do realize that Auto manufacturers are quite in the
pit that too with huge stock of unsold BS-III complaint vehicles, right now. As
that stock is completely scrapped for them after the Supreme Court ban, we are
looking forward to help them get rid of that stock through our multiple bidding
platforms at optimal prices, making it useful for both the manufacturers and
our customers.”
If you are looking forward to buy a BS-III compliant vehicle
at optimal price, SAMIL is the best way to close the deal and for being the
owner of an automotive asset. These BS-III vehicles will work fine with the BS-IV
compliant fuel. So, hurry! Visit your nearby Automall now, or click the link
below to register yourself.
Link:
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