KNOW WHERE WE ARE ON E-MOBILITY

The future of transportation is here. With fewer carbon emissions, zero air pollution and less noise, electric vehicles don’t just pay off for the environment – they also pay off for you. You can expect lower energy costs, lower total cost of operation, tax advantages and government subsidies if you make the switch.

But how long before the buzz of e-mobility in India becomes a real trend..? Increasing media and investor interest in the electric vehicle (EV) space in India has increased the number of stocks that are to come to Indian market serving e-mobility.

In India Electric Vehicles (EV) adaptation will depend on battery prices coming down, driving range going up, charging infrastructure coming up, more and more automakers launching multiple EV models, aggregators realizing the value of EVs in their fleet, government incentives continuing and government catalyzing the use of EVs. But as the country is just beginning to build the infrastructure ready to adapt the e-vehicle mobility, manufacturers have taken the subject in their hands and started manufacturing EVs for the country where the market is not quite ready. They are hoping as volumes will pick up, so will the market for the segment.

The government will soon float tenders for battery swapping and charging stations, as well as battery and cell manufacturing, in its bid to make India the country with only electric cars. This might not be certain exactly how long will it take, may be 5 years, 10 years or 15, but e-mobility is the future and that’s definite.

In 2016, EV sales grew by about 60 percent worldwide. That’s an interesting number. In the next few years, Tesla, Chevy, M&M and Nissan plan to start selling long-range of electric cars in the country. Other carmakers and tech companies are investing billions on dozens of new EV models. Few of them we have already seen in the Asia's No.1 automotive show - Auto-Expo2018, both as concepts and models.

All these initiatives are being implemented to improve the quality of air, in the country and to make Automotive Industry more economical and safe.

So, wait for it and till then if you are looking forward to acquire or dispose used vehicles or equipment compliant with latest government emission norms, SHRIRAMAUTOMALL is the best place to come to.

Visit nearest Automall or download “MY SAMIL APP” to go through SAMIL's latest inventory filled with used vehicles of every make & model. You can also click the link below to simply register yourself.

Link: www.samil.in

https://goo.gl/tk9WYw 

Download MySAMIL App: https://goo.gl/BMpnCf

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Shriram Automall's 7th Business Anniversary Celebration - A Grand Success

26th February'2017, Shriram Automall India Limited (SAMIL), India’s largest physical and online platform for transactions of used vehicles and equipment celebrated its 7 years of remarkable existence on 26^th Feb 2018. Company organized 74 physical bidding events across the country and transacted 65 Cr+ in a single day making it the best business day in SAMIL’s history.

The grand event was a glorious success as company witnessed 14,000+ Customer Footfall at its Automall facilities across the country, 6500+ were the Registered Bidders. Company sold over 3400+ Used Vehicles & equipment of various make and model from 10000+ tagged vehicles, which company displayed for disposal.

FY 2017-18, has been a really great year for SAMIL till now, as company witnessed robust growth of 30% in its revenues. The strong business performance was backed by a record of "8,300+ physical/online bidding events disposing 1,30,000+ used vehicles & equipment" with transaction value of Rs. 2,000+ crore.

SAMIL's 7th Business Anniversary celebration was appreciated by many as proved resources that this distinguished company offers always aim to boost their customer experience and requirements. Thereby company is best known for being the India’s most trusted network provider with well structured bidding platform for acquiring and disposing pre-owned vehicles and farm, construction, industrial equipments etc.

Also, while going forward in FY 2018-19 the combined entity (Shriram Automall and CarTrade Exchange) will offer new and innovative technological enhancements to its customers for bidding online and inspection facility which SAMIL will offer through its 100% subsidiary Adroit Inspection Services Pvt. Ltd. The combined entity will hold over 70% market share and expect to conduct transactions worth over Rs. 4000 Crores next year serving a combined customer base of over 20 million which will make it the largest marketplace for exchange of pre-owned vehicles and equipment.

On the occasion, Sameer Malhotra, CEO, Shriram Automall, said, “It's been 7 years of trust, loyalty, understanding and belief our customers showed on us. I am glad how just a mere idea has turned into a company that has transformed the lives of thousands by offering the most transparent and unique physical and online bidding platforms.”

SAMIL has created an innovative and convenient market place for used vehicle and equipment transactions in the country. To be a part of the same click the link below to go through company's vast inventory and to register yourself for free, or download My SAMIL Mobile App for the most convenient experience at your comfort.

Link: www.samil.in

Download MySAMIL Mobile App: https://goo.gl/BMpnCf

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TECHNOLOGICAL ADVANCEMENTS AND THE PRE-OWNED AUTOMOBILE INDUSTRY

Going back to the emergence of the Indian pre-owned automobile industry a decade ago, in the absence of organized players, the market was primarily relying on internal exchange mediums among friends, family and acquaintances, which accounted for over 60% of the market. And remaining 40% of the market was controlled by multiple small local unorganized dealers. The industry seems to have come a long way ahead since then to a much more structured scenario with numerous renowned organized players such as Shriram Automall India Limited regulating the market currently.

Organized players like Shriram Automall have brought about technology playing a pivotal role in the pre-owned automobile industry too. Several technological developments during the last couple of years in the industry have substantially influenced the buying and selling patterns of old vehicles in India and have visibly made major alterations in the customer buying behavior today. At Shriram, these changes are well understood and every attempt is made to embrace the new trends and utilize them for the customers’ benefit.

SAMIL employs the advanced digital marketing tools and techniques to connect with its target audience at a deeper level with every marketing campaign. For the company, it is all about the quintessential digital engagement with the customers and how well it is able to connect with them. Pre-owned automobile industry in all is witnessing a stark rise in the marketing patterns with tools such as SEO, SMM & SMO being put to extensive use in executing every marketing strategy.

The world has gone digital and with technology breaking all barriers with the new-age smart phones, the entire market is just one click away. In the times of instant notifications, digital marketing gives simple yet highly time-sensitive opportunities to a brand. All this has made the world a digital channel and its significant impacts are visible also over the used vehicles segment. SAMIL provides unique and exclusive digital platforms to give better service to its customers through features such as online bidding, desktop live bidding, SMS bidding. We have also introduced our mobile application to have our customers reach out to us instantly at ease. SAMIL believes in ensuring complete transparency in transactions and conducting them in a professionally structured manner.

In case you or an acquaintance is on the lookout to purchase or dispose any kind of used vehicles in India, this is the place to be. Simply submit your requirement and get a quick call back from Shriram Automall to assist you further.

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AUTO INDUSTRY TO GROW FIRM THIS FESTIVE SEASON

After a 14 month growth streak the passenger vehicle industry is gearing up for a firm festive season after recording a 16% gain over last year same month.

There is a strong customer sentiment and it is expected to hit top this festive season as it posed a handsome growth in August. Other key segments posted double digit growth in August.

According to data released by the Society of Indian Automobile Manufacturers (Siam), passenger vehicle sales in August stood at 258,722 units against 221,743 units sold in the same month last year.

This festive season the demand for all segments is all set to post a strong growth due to a number of positive reasons like decent monsoon, implementation of 7^th pay commission for all government employees.

Also the launch of new & improved models also gave the boost to the demand as we see months of waiting period for models like the Creta, Suzuki Baleno & Brezza.

In the two wheeler segment all the top three two wheeler companies - Hero MotoCorp, Honda Motorcycle and Scooter India and TVS Motor - reported double digit growth in volumes.

Meanwhile in the used vehicles & equipment segment major players like Shriram Automall are witnessing good demand for all segments. Customers are coming in good number to take advantage of this rising expenditure of the people.

Mr. Sameer Malhotra, CEO Shriram Automall said “Positive customer sentiment for this continued 14^th month is a sign that the market is going in the right direction and there is more growth to come. Meanwhile the ratio between new & used vehicles still remains 1:2 which is also showing the signs of change.”

Moreover to buy used vehicles & equipment of your choice you can visit Shriram Automall, the company offers multiple options of used assets under one roof.

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