• 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 24 October 2017

This October - Festive Cheer Drove Used Car Sales


Automotive industry is as we all know one of the leading industries globally. Indian Auto industry, one of the biggest and most competitive industries in the Market, plays quite an important role in Indian National Economy, while contributing to 7% of country’s GDP.

Shriram Automall India Limited(SAMIL) – The No.1 Choice for used vehicle and equipment transactions in the country is a company that offers multiple bidding platforms to bid and acquire used vehicles or equipment of every make and model. SAMIL’s online bidding facility is one such method of acquiring pre-owned vehicles and equipment.

The festive season brought cheer to the new and used vehicles industry, especially in the organized segment. Demonetization and implementation of goods and services tax (GST) which had delayed car purchase decisions, led to a latent demand, which resulted in a spike during the festive season.

SAMIL itself being the largest organized service provider of used vehicles and equipment in the country received huge demand for used vehicles and equipment in the festive season.

While the year-on-year (YoY) growth in October so far is in the range of 15-20 percent, the growth over September 2017 in the used vehicles space has been a staggering 40 percent.

In 2016 used car sales had beat new car sales as such. Around 3 million new cars were sold in the domestic market last year, while 3.5 million used cars were sold. While the new car market has been growing at 8-9 percent, the used car market is growing at 15 percent.

According to the survey, this year both September and October have had the benefit of festive demand; however, demand has been good for October, growing 30 percent over September.

If you as well are looking forward to acquire the used vehicle or equipment of any make and model, visit your nearby Shriram Automall today.


As while acquiring used you can get the better model without hampering your budget. Thereby it’s not only economical but also a smart way to get what you want. So, what are you waiting for visit your nearby Automall today or click the link below for easy registration.


Mobile App - https://goo.gl/BMpnCf

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