• Shriram Automall inaugurated its 71st Automall in Bikaner on 24th November’2017.!! • 72nd Automall Facility inaugurated by Shriram Automall in Guna on 28th November’2017.!! •Shriram Automall wins Limca Book of Records for being The Largest Platform for Acquisition and Disposal of Pre-owned Vehicles and Equipment FY2015-16 and for Conducting Highest Number of Physical Bidding Events in a Single Day.!! •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 India Limited(SAMIL) Won Best Service Provider Of The Year Award CIA World Builders and Infra Award 2017 •Shriram Automall was recognized as “Fastest Growing Brand for Pre-Owned Vehicles of the Year” in 2017 Leaders Awards...!!

Thursday, 30 March 2017

SAMIL, Being the Helping Hand for Automotive Manufacturers

 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.


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