Our Visionary Leader, Sameer Malhotra’s Insights and Thoughts on Impact of Covid-19 on used vehicle market at Motorindia Interview

Pre-owned Automobile Industry veteran and Chief Executive Officer of Shriram Automall India Limited (SAMIL), Sameer Malhotra highlighted his insights and thoughts on Impact of Covid-19 on used vehicle market during an interview with Motorindia. He said “The used vehicles market will have much more potential compared to the new vehicle sales because while the former is a necessity to commute, the latter is aspiration-driven. The need to own a vehicle rather than use public transport will be a trigger to drive the used vehicles market ahead.”

Kindly find the transcript of the interview attached herewith.

You can also read the full interview in the following links:
http://www.sameermalhotra.com/pdfs/COVID_SAMIL_MOTORINDIA_Apr-May20.pdf
http://emagazine.motorindiaonline.in/31650/01_05_2020#page/63