• 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...!!

Friday, 2 February 2018

Auto Sales Result for the First Month of Year2018

The first month of a new year always brings in good tidings and it is no different for 2018, though with Union Budget FY2018-19 coming in, it has been a mixed result for vehicles of all segments.

In the passenger vehicle market, rise in vehicle prices at the start of the year has turned out to be a speed breaker in the sales. Close of last year had witnessed hefty discounts on offer in the market as car makers vied with each other to exhaust old stocks.

The country’s largest passenger car manufacturer Maruti Suzuki India posted a single- digit growth of 5% in the domestic market.

Two wheeler Market on the other hand witnessed a sales boost and further The Government announcements in Budget 2018 are expected to accelerate rural demand for the segment.

Commercial vehicle market in the first month of New Year 2018, listed double digit growth. The largest manufacturer in the segment -Tata Motors’ clocked domestic sales of 39,386 units, an uptick of 38% compared to 28,521 units recorded in January 2017.

Three-wheeler market saw a step up in Januray2018. TVS Motor Company witnessed an uptick demand of 81.6% to 8,806 units. Also in the three-wheeler market, M&M has made its place selling 4744 units (3058 units) in the month under review, up 55%. It is expected to get a further leg up with the new Budget 2018.

As ratio of Used Automotive to that of the New One is 1:1, Used Automotive Industry is also on the road towards growth. So if you are looking forward to acquire or dispose used vehicle or equipment at optimal prices, visit your nearby Shriram Automall today.

Shriram Automall IndiaLimited (SAMIL) the No.1 Used Vehicle and Equipment Provider in India, through its extensive line up is the leading service provider.

You can also click the link below for convenient registration.

Link: www.samil.in
Download MySAMIL App: https://goo.gl/BMpnCf


Post a Comment