Automotive Industry - Q1FY’18 (Complete Analysis)

After creating history by crossing the 3 million mark in domestic sales and growing 9.23%, during 2016-17 and 9.96% during March 2017, passenger vehicles have continued their growth streak during April, starting the financial year FY’18 on a promising note. A double digit growth has been reported by most of the passenger vehicle manufacturers on the back of new product launches led by utility vehicles while for two- wheeler segment growing urbanization...

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KEEP YOUR FINGERS ON THE MOBILE TO BUY USED VEHICLES & EQUIPMENT WITH SHRIRAM AUTOMALL!

                                                    Image Source: www.google.co.in It is hard to argue that today, mobile devices have become so important to our lives. In very early days of history, pigeons were used as means of communication. Later, written messages were sent through letters by post. As the time...

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PRE-OWNED EQUIPMENT OFFERINGS AT SHRIRAM AUTOMALL

Shriram Automall, India’s leading service provider for the exchange of used vehicles & construction equipment. With the rise in demand of new equipment all over the country the equipment business with Shriram Automall is witnessing a year on year increase in this business segment with excavators, loaders & backhoe being the largest in demand under the segment. Economic slowdown since last...

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Acquire Used Cars from SAMIL That Are Giving Best Mileage!

Mileage is an important factor when buying a used car, but it is easy to overlook. You can get swept away in best mpg cars, or other measures of efficiency. Low or high mileage affects the value of the car at purchase and sale, as well as likely cost of maintenance and servicing. The average annual mileage is 12,000, so if a car has mileage somewhat less than 60,000 after five years it would be considered low. If it's much more, it would be classed...

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Tractor Manufacturers Urging Government for GST rate cut to 18%

Tractor manufacturers who are disappointed over 28 per cent GST on majority of components have urged government to treat the industry at par with construction equipment, which comes in the slab of 18 percent bracket. According to Tractor Manufacturers Association (TMA) The present levy is of 28 percent GST on parts and components of tractors but parts and components of construction equipment, which are close kin to tractors especially under...

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Looking for a Used Car Finance?

Shriram Automall will not only finance your Used Car, but will also help you search for one from its wide range of every make and model. Choosing the right loan provider is just as important as finding the right pre-owned car. Therefore, at Shriram Automall, we make it as easy as possible to purchase an affordable used vehicle at the best EMI tenure. Company offer great car loan interest rates. So, you can take your pick from our wide collection...

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How Shriram Automall Made My Car Dream Come True!

Car is one of those things all of us dream to own. We usually get it after reaching certain age. However, in my case I made it possible little early with the help of ShriramAutomall India Limited (SAMIL). I was in my final year in college, and I was looking to get a car for myself. I didn’t have a ton of money back then, so it was a little hard to find one. This being the case, so I decided to go for used car.    But...

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Used Vehicle Market to be Double in Size by 2018

It’s no new news that ratio of used vehicles to that of the new ones is 1:1.1, yes you heard me right used vehicle market as compared to the new one is witnessing a robust demand from past few years. With more and more people choosing to buy pre-owned vehicles instead of new ones, the used-vehicle market is likely to be double the size of the new car market by 2018. Used car sales in India at 3.22 million vehicles are 1.2 times the sales...

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SHRIRAM AUTOMALL- THE NAME OF TRUST & RELIABILITY

Shriram Automall India Limited (SAMIL) the name that with the vision “to be the largest exchange platform for trading pre-owned vehicle having tangible physical presence spanning all major cities of India while providing high quality services to its customers” has marked its presence in entire country. Over the year’s company through exceptionally professional services, has transformed many lives, and now while moving forward to an extensive...

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Normal Monsoon Will Boost Commercial Vehicle Loans

Favorable monsoon is likely to brighten outlook for recovery in microfinance, and will be a boost for tractor and commercial vehicle loans. The monsoon season in India starts with the arrival of the rains on the southern Kerala coast around June 1. Its progress triggers planting of summer crops. After hitting the south coast, it takes about a week to cover the coffee, tea and rubber growing areas of south India. It spreads to the rice...

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Over 1crore Registered Vehicles in Delhi, Over 31lakh Cars

India is one of the Largest Automotive Market in the world. But do you know that this year, automotive market in its National Capital, New Delhi has increased robustly. In the city the number of registered vehicles has crossed the one crore mark. According to transport department of Delhi government puts the total number of registered vehicles at 1,05,67,712 till May 25 2017. And also there are 31,72,842 registered cars in the city. However,...

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Riding A Three Wheeler!

According to a report by ICRA, India is positioned as the largest manufacturer as well as market for three wheelers, globally. Over the past decade during FY 2006-15, the Indian three wheeler industry grew at compounded annual growth rate (CAGR) of 8.9 per cent in unit sales driven by steadily rising exports as well as domestic demand. Despite the fact that the usage of CNG is only mandatory in Delhi, the acceptance for CNG-based three wheelers...

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As Border Check Post Starts Disappearing Truck Movement Picked Up Pace!

As state border barriers began to be dismantled after the goods and services tax (GST) which came into force on July 1, a truck from Chennai to Jamshedpur carrying tyres reached in three and a half days which earlier would have taken five days. After states abolished border check posts in the wake of GST, Many producers and transport operators has reported logistics efficiency gains.  GST indeed is the tax system which...

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