• 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.!!
Showing posts with label lcv. Show all posts
Showing posts with label lcv. Show all posts

Friday, 27 May 2016

Maruti Suzuki to Launch Super Carry this year – We find out what it looks like

Maruti India’s one of the most anticipated projects to enter the Light Commercial Vehicle segment in India has finally taken some concrete shape. The company will launch its Super Carry truck later this year and will also export it to markets like South Africa from June 2016.

 SourceThe light commercial vehicle is capable to shedding load up to 750 Kg and is 3.8 meters long and 1.56 meters wide, and features a load deck measuring 2.18 x 1.49 meters. It has a ground clearance of 175 mm and a turning cycle of 8.6 meters diameter.

In India the truck will be powered by a 0.8-liter twin-cylinder diesel engine used on the Celerio, however for the South African market it will get a 1.2-liter GB14 four-cylinder petrol engine with multi-point fuel injection. Talking about the power, it develops 72 hp at 6,000 rpm and 101 Nm of torque at 3,000 rpm and is paired to a 5-speed manual gearbox driving the rear wheels. The company also claims that super carry is the most fuel efficient in its class and comes with a 3 year, 1, 00,000 KM warranty.

In India the company is planning to introduce a CNG/LPG option along with the petrol version. The truck is expected to be launched at a price of Rs. 5.58 lakhs and will give tight competition to Tata Ace.

Meanwhile if you are looking to buy a used truck in the carrier segment, you can visit Shriram Automall, the company offers widest range of used trucks of all makes and models under one roof.

“Used truck market since 2015 has been showing positive growth as the demand is now increasing thanks to the governments initiatives to clear various stuck projects. Now we can expect the segment to be stable for a longer run.” Sameer Malhotra, CEO, Shriram Automall


Wednesday, 6 April 2016

LCV Segment Back on Track in FY 2016-17


The light commercial segment that was hit badly due to the economic slowdown & low rural demand is now showing the signs of revival in last few months.


In February the segment grew by almost 10% when compared to the same month in 2015. The sales stood at 33,324 units, whereas Feb 2015 sales were 30,382 units.

As per the ICRA rating agency the growth is here to stay. According to a report on Indian commercial vehicle industry, the outlook for the LCV segment is improving on back of low-base and improving viability. "We expect that the demand is likely to pick-up in FY 2017 on back of expectation of replacement-led demand (i.e. three years of declining sales), some pre-buying ahead of the implementation of BS-IV norms (by April 2017) and gradual improvement in viability on back of lower diesel prices," the report said.

Contradicting the earlier prediction of decline by 2-4% now the segment is all set to grow by 10% approx by the end of FY 2016-17. The overall commercial vehicle segment is showing a positive outlook & growth can be seen in all segments. The M&HCV (Truck) segment has registered a growth of 30.6% in the first 11 months of FY 2016. ICRA also expects the domestic industry volumes to recover in the near-term on back of expectation of fresh permits by some of the key states like Maharashtra in Q4 FY 2016. Accordingly, industry volumes are expected to recover and grow by 8-10 percent in the domestic market in FY 2017.

Meanwhile the industry is hopeful of achieving the desired growth the outlook for used commercial vehicles also ride high as the segment continues to perform well even in the bad day. Now when we have the industry pundits predicting growth in new CVs the used commercial vehicle will outgrow the numbers significantly.

In conclusion if you are looking ahead to buy a used Commercial Vehicle than visiting Shriram Automall will turn out to be a good decision as the company offers a wide range of used CVs under one roof at competitive price.



Tuesday, 4 March 2014

Ashok Leyland Sales Report for February

Ashok Leyland (ALL) reported a total sale of 7,915 units for the month of February 2014 in comparison to 10,046 units in February, 2013, which means a decline of 21.2%. Its LCV sale dropped to 2,339 units in February 2014 from 3,001 units in February 2013.

From April to February 2014, ALL witnessed a sale of 79,056 units whereas it sold 1,00,592 units in the previous year which means a fall of 21.4%. Its medium and heavy commercial vehicles sale from April to February 2014 is 52,624 units in comparison to 70,000 units in previous year. For its light commercial vehicles, the sale figure went down to 26,432 units from 30,592 units.