• 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.!!

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