More than two-dozen electric vehicles to be showcased at Auto-Expo 2018

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The Asia's biggest motor show - Auto Expo 2018 is coming in Greater Noida from 9^th - 14^th February'2018, and along its bringing almost 24 electric vehicles from various auto manufacturing companies. The electric vehicles from various segments including bikes, scooters, cars, sports cars, sports utility vehicle, buses and mini trucks will be displayed at the event.

At first, the Delhi Auto Expo used to be all about small, affordable cars targeted at first-time buyers. Then, as customer preferences changed, India’s only automobile show started featuring big, bulky sports utility vehicles (SUVs) aimed at an upwardly mobile, aspirational class.

Now with changing trend it is set to change again. The 2018 Auto Expo next month will see a marked shift towards electric cars and vehicles that run on other eco-friendly technologies. The launch of these vehicles at the show will also give a glimpse to the road-map of the auto industry in coming years in India.

Automakers are shifting their medium- and long-term focus away from diesel and petrol engines as the National Democratic Alliance (NDA) government pushes for an all-electric fleet of vehicles on the country’s roads by 2030.

India’s largest service provider for exchange of used vehicles & equipment, Shriram Automall India Limited will also be coming at the show. For the 3rd time company is coming to this major event. From previous 2 years, SAMIL's stall has been the most talked about innovation at the Auto-expo. This year with the same zeal company is looking forward to showcase its platforms and allied services at Hall No.4, Stall No. E32E.Company is planning to zoom in the Dummy Biding Events at the show.

So, you better mark the dates, as you really don’t want to miss out on the Asia's largest motor show.

Click To Join Shriram Automall's Event Page:

https://goo.gl/6D6vei

To acquire and dispose used vehicles and equipment in most optimal and convenient manner, click the links below and register for free.

Link: http://onestopclassified.com/AutoExpo2018.html

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ISRO Soon To Power Indian Electric Vehicles

ecomento.com

Electric vehicle dream for the India automotive market is the latest buzzword among the manufacturers, though with the deadline of 2030 being cancelled has brought the sigh of relief among the manufacturers. As now they can focus on making automotives compliant with BS-VI.

Deadline for the electric vehicles might have been removed, but the dream and the working on the project is still intact. Now dreams seems not so farfetched as our government has asked Indian Space Research Organization (ISRO) to allow interested players including from private sector to obtain the technology for mass production of Lithium-Ion batteries for electric vehicles.

The lithium-ion battery technology ISRO developed was originally meant for space applications, but it has finally agreed to transfer them at a cost to interested companies in order to promote mass production of e-vehicles in India.

The glitch is that battery manufacturers will need to pay ₹ 10 million to ISRO as a one-time technology transfer fee. Thereby some experts are of the view that the electric vehicle technology is still in the development stage and the cost is substantially higher. Besides, the ecosystem for e-vehicles is not yet ready, charging stations are not in place, the cost of the battery itself is high.

Another concern is the flammability of the lithium-ion battery. In view of weather conditions, this is a technological challenge and cooling the battery will raise operational costs. Thereby electric vehicles, in view of their cost, will justify deployment only as public transport buses, taxis and three-wheelers. Hence ISRO and Bharat Heavy Electricals (BHEL) have tied up to help develop low-cost lithium-ion batteries for electric vehicles.

The cabinet secretary has asked ISRO to create a framework for enabling even interested private players to obtain the technology for mass production.

With all the steps government and manufacturers are taking its not far, when you will be driving a fully electric automotive in India. But till that day comes, play your part in making India pollution free, by acquiring BS-IV compliant used vehicles from Shriram Automall India Limited (SAMIL).

Click the link below for convenient and free registration.

Link: https://goo.gl/tk9WYw 

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In April-Dec 2017, Auto industry Posts 11.27% Growth

economictimes.indiatimes.com

The Auto-industry produced total of 21,415,719 vehicles, including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-December 2017, against 19,247,352 in April-December 2016, resulting in growth of 11.27% over the same period last year.

During the same period i.e. in April-December 2017, passenger vehicle sales grew by 8.13%. Within the passenger vehicles passenger cars, utility vehicle and vans grew by 4.19%, 19.43% and 6.86%, respectively over the period of April-December 2016.

Three wheelers sales grew by 7.89%. Within the three wheelers, passenger carrier and goods carrier sales registered a growth of 8.25% and 6.39%, respectively, in April-December 2017, compared to April- December 2016.

Two wheelers sales registered a growth at 11.76% in April-December 2017, over April- December 2016. Within the two wheelers segment, scooters and motorcycles grew by 18.52% and 9.77% respectively, while mopeds declined by 6.15% in April- December 2017, over April- December 2016.

Overall automobile exports increased by 13.01%, in April- December 2017. The two and three-wheeler segments registered a growth of 17.75% and 30.27%, respectively, while passenger vehicles and commercial vehicles declined by 3.4% and 18.1%, respectively, in April- December 2017 over the same period last year.

As ratio of used automotive to that of the new one is 1:1, used automotive industry also witnessed a positive growth in April- December 2017. Shriram Automall India Limited (SAMIL) the largest used vehicle and equipment provider in the country disposed number of used vehicles during the period.

So if you are also looking forward to acquire or dispose used vehicle or equipment at optimal prices, visit your nearby Shriram Automall today.

You can also click the link below for convenient registration.

Link: https://goo.gl/tk9WYw 

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

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The Newly Amended Motor Vehicles Act Bill Will Change The Way India Drives This Winter!

Motor vehicles including, automobiles was first introduced in India at the end of 19th century. And to regulate their use 1914 Act was the first to be codified which had 18 sections under it. Later, Motor Vehicles Act, 1988 was introduced which regulated all aspects of road transport vehicles including both transport and non-transport vehicles. The Act provides details of legislative provisions regarding licensing of drivers/conductors, registration of motor vehicles, control of motor vehicles through permits, special provisions relating to state transport undertakings, traffic regulation, insurance, liability, offences and penalties, etc.

To exercise the above legislative provisions Government of India created Central Motor Vehicle Rules in 1989 and made sure that all the rules under the Act are enforced. With evolving times, government of India keeps updating these rules to provide on-road safety to the citizens of the country.

Now, in winter 2017 The Motor Vehicle Act (Amendment) Bill 2017 proposes imposition of hefty penalties on auto companies which manufacture faulty vehicles. The Bill also seeks statuary guidelines for cab aggregators and a 10% annual increase in penalties for traffic rule violations.

 The Lok Sabha had already passed the Bill in April this year, now it will go in Rajya Sabha. Bill   

would help meet the UN mandate to reduce road accidents up to 50% by 2020.

Other Details:

·        

• Aadhaar will be mandatory for getting a driving license and vehicle registration. 

• For deaths in hit-and-run cases, the government will provide a compensation of Rs 2lakh or more to    the victim's family. Currently, the amount is just Rs 25,000. 

• In traffic violations by juveniles, the guardians or owner of the vehicle would be held responsible        unless they prove the offence was committed without their knowledge or they tried to prevent it.     The registration of the motor vehicle in question will be cancelled and the juvenile will be tried       under the Juvenile Justice Act. 

•  Driving without a license will attract a minimum fine of Rs 5,000 as against Rs 500 at present 

•  The minimum fine for drunk driving has been increased from Rs 2,000 to Rs 10,000. 

•  The fine for rash driving has been increased from Rs 1,000 to Rs 5,000. 

•  The fine for over-speeding will go up from Rs 400 to Rs 1,000-2,000. 

•  Not wearing seatbelt would attract a fine of Rs 1,000 as against Rs 100 at present. 

• Talking on a mobile phone while driving will attract a fine of Rs 5,000, up from Rs 1,000. 

• It will be mandatory to alter vehicles to make them suitable for especially abled people. 

• Motor Vehicle Accident Fund will provide compulsory insurance cover to all road users in India for    road accidents, fire as well as acid attacks. 

• Contractors, consultants and civic agencies will be accountable for faulty design, construction or        poor maintenance of roads leading to accidents. 

• A time limit of six months has been specified for an application of compensation to the Claims       Tribunal with regard to road accidents. 

• The Bill will remove the cap on liability for third-party insurance. The 2016 Bill had capped the       maximum liability at Rs 10lakh in case of death and Rs 5lakh in case of grievous injury. 

Government is playing its part for pollution free, safe and secure India, but laws alone cannot secure the country until every man present in the country follows them in an organized manner.

So, let’s come together and help government to work towards the common vision. For more such updates and informative posts visit Shriram Automall India Limited(SAMIL) at https://www.samil.in/.

While doing so you can also have a look at the best in class inventory of usedvehicles and equipment of every make and model, that company has to offer.

So, what are you waiting for? Click the link below:

Link: https://goo.gl/tk9WYw 

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Shriram Automall Jaipur Completing 5 years of Existence!

Spread in every nook and cranny of the country Shriram Automall India Limited (SAMIL) now have 70+ Automall Facilities and 150+ Bidding Locations in India.

In 2011, company came into existence with an aim to organize the most unorganized used vehicle and equipment industry of the country. Since, then SAMIL has never looked back.

Among the 70+ well established Automalls, Jaipur Automall Facility was inaugurated on 19^th December 2012. This year the Automall is completing 5 years of bringing convenience at the door steps of customers willing to acquire or dispose used vehicles and equipment in and nearby areas.

In the history of the state of Rajasthan, SAMIL's Jaipur Automall is still considered as the leading name for conducting most innovative bidding events for acquiring used vehicles and equipment. Thereby we can say that company has created a very well appreciated name for itself in the area.

The Automall facility is further utilized for holding vehicle events periodically. It also houses Shriram One Stop, a computerized touch screen kiosk which is a virtual Truck Bazaar, providing real time information about used commercial vehicles available in the inventory.

Automall when inaugurated was the 15^th facility across the country, now company has expanded its wings and with a long term vision soon aim to turn the number of 70+ Automalls into 100.

“With tourism, manufacturing of jewellery & luxury textiles being the major contributor in city's economy, used commercial vehicles in the city receive the major demand. We aim to bring out the potential that area has, while helping them acquire the best used vehicles and equipment required for boosting their business at optimal prices” quoted Mr. Sameer Malhotra (CEO of SAMIL)

Visit the Jaipur Automall on 19^th December'2017, to participate in the Anniversary special bidding event to inspect the used vehicle of your choice and participate in the bidding event to acquire them. At the Automall you will also get complete assistance on financing and insurance options, as well as services for repair & refurbishing the vehicles.

You can also participate in the Live Bidding event from the comfort of your home through “Desktop Bidding Facility” & “My SAMIL App” or simply click the link below for easy registration with just a click.

https://goo.gl/tk9WYw 

LINK: www.samil.in

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

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Shriram Automall - The No.1 Choice For Acquiring Desired Used Vehicles Among Youngsters!

Today’s self efficient generation wants to drive the world on their own and having their own transport seems to give them ticket to their choice of life. As a beginner, young generation craves to be the owner of their own vehicles but definitely in a smart way i.e. they look forward to start their journey with a used vehicle rather than buying a new one.

For most young people and their parents, buying the first car is quite a big step. As most teen drivers stand a greater risk of crashing, scratching than anyone else on the road, thereby acquiring a used two-wheeler or car for first time drivers is indeed the best and the smartest choice.

Shriram Automall India Limited(SAMIL) being the leading platform for used vehicle and equipment transactions, while understanding the demand for used automotives in the country for every age and every job, make sure to provide the best in class range at optimal prices.

This makes the company the No.1 choice not only in the industry but also among the youngsters, who look forward to visit company's Automall facilities to acquire their best in class first ride. After all company is best known for being India’s most trusted network provider with well structured Automall facilities serving most innovative bidding platforms and allied services, aiming to provide customers the life time experience.

Not just that in addition, company while anticipating the customer demands way before, also serve the potential buyers through online mediums like MySAMILMobile App., Desktop Bidding, Online Bidding. These platforms comes in handy for everyone, but are majorly used by youngsters and working professionals, as by using these mediums they are able to learn all about the company's  extensive inventory near them and scheduled upcoming bidding events.

Company is in itself a complete solution provider for every type of used vehicle and equipment demand in the country and thereby is a most renowned name.

So, what are you waiting for? If you are a willing buyer or seller who want to acquire or dispose used vehicle or equipment of any and every make and model, SAMIL is your OneStop destination. Thereby don't think twice and click the link below to register yourself and download company's app.

Link: https://goo.gl/tk9WYw

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

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Premium Cars Witnessing Growth, Driven By First Time Buyers!

Automotive sector is one of the major Indian sectors which face increase in demand from year to year.  Premium being the new affordable cool is now expanding its wings in the industry as well, credit of which goes to the first time buyers.

As now, first-time car buyers in the country (India) are moving beyond entry level vehicles, choosing more premium options instead, showcasing upward consumer mobility that’s driving sales of feature-rich and pricier models.

While only one out of three first-time buyers used to purchase premium models five years ago, now one of two such buyers goes for these models, indicating the manufacturer’s ability to attract more customers to its premium models.

In the last three years number of first-time buyers for Maruti Suzuki Dzire has increased to 46% from 28%. Similarly, those for the Hyundai Xcent have risen to 55% against 40%. Even for the newly launched Hyundai Verna, priced at Rs 8lakh, the number of first-time buyers has almost doubled to 35%, as compared with 18% recorded for the earlier edition of the vehicle.

At Tata Motors, where executives were used to serving customers about 38-40 years only, witnessed first time buyers positioning the Zest above the Indigo. Majorly below-30 buyers accounted for more than a fifth of the car’s sales.

India is a young economy, with high disposable incomes, this uptick sales record driven by first time buyers shows that customers want their first vehicle to be feature-rich,

Affordability is also one of the reasons pushing sales of premium cars among young consumers and first time buyers, as household income of families buying (the third-generation) Dzire has jumped 22% (to Rs 78,000 from Rs 59,000) a month. Similar trend was witnessed at Hyundai, where the average income of the Verna buyer has increased by 40% to `7-10lakh. At Tata Motors, the average income of buyers has doubled in the last few years.

Hence, it can be said that factors such as vehicle prices and fuel efficiency are no longer primary determinants of purchasing decisions. Rather vehicle style/looks, followed by brand image, features, mileage has emerged as the primary consideration among consumers who opt for the premium car versions.

Driven by desire, consumers willing to acquire a premium car or a luxury one without hampering their pockets have showcased their keen interest in the used premium/luxury cars.

Shriram Automall India Limited(SAMIL), No.1 trusted service provider of used vehicles and equipment in India, has made it their job to be sure to fulfill all the used vehicle demands of the Indian Automotive market. In their huge Automalls, you can find used vehicles and

equipment of every make and brand.

So, if you are looking forward to exhibit your style with your own used car in the premium category, SAMIL is a way to go. You can both visit your nearby Automall and go through their inventory in person, or download “MySAMIL Mobile App”. You can also click the link below and simply register yourself.

Link: www.samil.in

https://goo.gl/tk9WYw 

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

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GST, Loan Waiver, and Good Monsoon Led To Fast Auto Sales in Low-Income States

Low per capita income states such as Bihar, Madhya Pradesh, Odisha, Rajasthan, Uttar Pradesh and West Bengal, have witnessed automobile volume growth in the current fiscal, credit of which goes to the equalizing effect of GST, rising female literacy and people having more money to spend in rural areas.

The per-capita income of the six states ranges from $990 to $1,600 compared with India’s average of $1,800 thereby they account for a third of the country’s GDP. In various categories in the first half of the current fiscal, these six states outperformed industry growth by 7-15%. The states account for nearly 23-45% of total sales volume depending upon the vehicle category.  

Monsoon along with GST helped the demand for automotives boost, as having a good monsoon season in rural areas create a positive effect in consumer sentiment towards the ownership of vehicles. Also, prior to GST, producing states had a tax advantage of 3-5 percentage points.  

After remaining flat year-on-year in the six months to September 2016, real rural wages grew 3.3% in the second half of the last fiscal. It improved by 4.6% in April-September 2017, the fastest pace in four years. The number of schemes covered under DBT has increased from 59 in FY16 to 140 in FY17. It has further gone up to 393 in FY18 so far. Further in addition to this, government targets to cover all 534 schemes under DBT by March 2018.

In some areas especially West Bengal, rising female literacy is said to be a driving force as more girls and women take to scooters for mobility resulting in the growth of automotive demand in the area.

With increase in new automotive sales in the area, used vehicles and equipment also witnessed the boost. Shriram Automall India Limited (SAMIL) being the No.1 used vehicle andequipment provider, while anticipating the consumer demand in and nearby these areas, provided them with the best in class used vehicles and equipment of every make and model.

So, what are you waiting for? If you want to acquire your desired car, bike, scooty, truck etc. at optimal prices, go for SAMIL used range, as while acquiring used, you don’t have to worry about its value being depreciated or it being hard on your pocket.

Hurry and click the link below to register or download MySAMIL Mobile App to learn more about us.

Link: https://goo.gl/tk9WYw

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

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