One-third Of the Passenger Vehicles Comprises of Utility Vehicles!

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Passenger vehicle sales in India rose by 8.63% in May, mainly driven by strong sales of utility vehicles.

According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic PV sales rose to 2, 51, 642 units in May 2017 from 2, 31, 640 units in the same month last year.

Car sales in the domestic market rose by 4.8% to 1, 66, 630 units last month as against 1, 58, 996 units in May last year.

This is up from just under 25% in the same period previous year. In the first 10 months of this financial year, passenger vehicle sales hit 24, 25, 911 units, up 8.13% over the year-ago period.

The UV share in the overall passenger vehicle pie remained more or less the same for nearly a year in 2016. In April-October 2015-16, UVs comprised just over 20% of the overall passenger vehicle sales riding on the back of several just-launched successful products like Hyundai Creta and Maruti Suzuki Vitara Brezza that followed.

Two years on, the segment has jumped by 700 basis points (100 basis points = 1%) as more mass market and premium carmakers join the UV rush. As more and more new SUV models line up for India debut the SUV share is expected to go up around 40% of the market.

Since ratio of used passenger vehicles to that of the new passenger vehicles is 1:1. Used passenger vehicle segment is witnessing a robust demand as well. Shriram Automall India Limited(SAMIL) the No.1 Used Vehicle and Equipment Provider in India, through its extensive line up is the leading service provider.

So, to acquire a used passenger vehicle which will showcase your style, visit your nearby Automall today. You can also click the link below and register yourself.

Link: www.samil.in

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

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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.

https://goo.gl/tk9WYw 

Link: www.samil.in

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

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Auto-Budget 2018 to Boost CV Sales and Infrastructure

The infrastructure sector that expected continued thrust from the government towards revival of investment cycle in the form of further increase in budgetary allocations towards infrastructure sector with focus on roads, railways and urban infrastructure has received investment allocation of Rs 5.97 lakh crore during FY19, according to the union budget 2018, up by over Rs 1 lakh crore from the ongoing fiscal.

The finance minister has expressed confidence in completing the construction of 35000 km of highways under the Bharat Mala project with highway construction to exceed 9000 km by end FY18. These initiatives are set to generate demand for commercial vehicles and construction equipment for transporting goods and construction material. Also, high allocations for infrastructure are expected to be positive for tipper trucks.

Besides, as part of the agriculture market infrastructure fund, Rs 2,000 crore has been earmarked for 22,000 agriculture markets and rural roads by 2019.

The Budget has earmarked Rs 2.04 lakh crore for the Smart City Mission with 99 cities selected for development in FY19, about 10 cities to be developed into iconic tourist destinations to attract more visitors.

Further, 147 projects have been sanctioned under the Namami Gange programme for FY19 with 47 projects having been already completed for cleaning the Ganga waters.

All these varied projects will help push shipment of vehicles not only through roads and highways but other modes of transportation as well.

The 2018 budget demonstrates a very significant push on infrastructure; including rural infrastructure, automotive sales boost, as well as for immediate job creation as well as supporting long-term employability through education and skill development.

Budget while pushing the sales of new commercial vehicles is expected to robust the demand for used commercial vehicles, construction and agriculture equipment as well.

‘The focus of government to revive the infrastructure of the country clearly shows their emphasis to add a strong push on the ongoing brilliant automotive industry. Though we expected something for e-vehicle as well but overall we are happy about the 2018-19 budget and hope that it continue to focus on our industry as it adds significantly in the country’s GDP.’ said Mr. Sameer Malhotra, CEO Shriram Automall.

Shriram Automall India Limited(SAMIL) - The largest service provider of used automotives in the country is certainly expected to record the major sales, as company through selective best in class inventory for used vehicles and equipment of every make and model is best known for serving major demands in every nook and corner of the country.

If you as well are looking forward for acquiring or disposing any type of used vehicle or equipment, visit your nearby Automall today or click the link below for convenient and free registration.

https://goo.gl/tk9WYw 

Link: www.samil.in

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

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This Year Celebrate Republic Day By Acquiring New Like Used Vehicles Of Your Choice!

We at Shriram Automall wanted to wish everyone a Happy Republic Day!

On behalf of everyone at SAMIL we honors the date on which the Constitution of India came into effect i.e. on 26 January 1950 replacing the Government of India Act (1935) as the governing document of India.

It’s the day when our country became a truly republic nation. So, let's celebrate this day to the fullest by acquiring new like pre-owned car you always wanted and making a visit to "Rajpath" with your family and friends.

This year let's not stay home and watch parades which are performed as a tribute to India, on our TVs rather appreciate and enjoy the rich culture our country always had with thousands of Indians at Rajpath.

Shriram Automall India Limited (SAMIL) an Indian company that came into existence in 2011, through its innovative platforms has become the No.1 name for pre-owned vehicles and equipment transactions.

Over a small period of 6 years, company has been recognized four times by Limca Book of Records and many other industry honchos for creating the best in class inventory of pre-owned vehicles and equipment in India & also for organizing the highest number of online and physical bidding events in a day.

Today on our 69th Republic Day, Company by wishing fellow Indians and anyone who needs an excuse to celebrate really look forward to spread the joy of being free in a democratic country.

We hope all Indians revel and work towards a better, more beautiful India where we look to ourselves to improve our gorgeous nation. So, let’s take a vow to follow the new government norms to contribute towards our country, making it pollution free and much more technologically advance.

Jai Hind!

Also, if you are looking forward to acquire or dispose a pre-owned vehicle or equipment, visit your nearby Automall. You can also click the link below for easy registration. Don’t wait just Click!

Link: https://goo.gl/tk9WYw 

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Learn the Emergency Auto-Mechanic Skills from Shriram Automall

It can be difficult to make your own auto repairs if you don't know the basics. As mechanics have their own lingo, tools, and specifications. Thereby Shriram Automall India Limited has brought some emergency or routine maintenance tips that will serve you in a long run.

So, let's explore some of the vehicle repairs that you can easily do at home, which will not only save you a lot of money but will also save you if you end up in a sticky situation.

In an Emergency

It's a good idea for every driver to know how to jump start a dead battery because calling a tow truck in to do it can waste both time and money. And in case you are not able to start it even after trying, learning how to properly use tow straps is key to making this happen without damaging either vehicle and to keep everyone safe.

1. Park the running car next to the dead car so the jumper cables can reach both batteries.

2. Turn off both the engines.

3. Now start the car with the good battery and leave it running. If the battery in the first car was really badly drained, it may help to leave them connected for a minute with the good car running before you try to start the dead car.

Now, turn the key in the dead car to start and it should fire right up.

Ø  How to properly use tow straps?

A tow strap is a strong nylon strap with hooks hard-sewn into each end. Most vehicles have a solid mounting point in the rear of the car that is usually attached to the bumper mounting points or nearby, and if a vehicle has a trailer hitch there are steel loops there for mounting a hook; either of these locations will provide plenty of structural support for most towing operations.

1. Attach the tow strap to the mounting hook on the car being towed and the car that is towing.

2. Now that you have both ends securely hooked in, you're ready to pull.

Basic DIY Car Repairs

For some car repairs, you may be better off getting it to the mechanic. However, there are a number of things that you can do in your own garage. Some tasks like changing your oil or flushing the coolant are good DIY projects that can save a lot of money each year.

Beyond regular maintenance, almost anyone can change a headlight bulb or any of rear lights. For these jobs, it's a good idea to have the repair manual so you don't turn a small issue into a big problem.

Many home mechanics can also tackle things like plugging a tire, replacing spark plugs, and even changing a turn signal relay. Though, we don't suggest taking on those projects unless you know how to check your oil or top off your windshield washer fluid first.

With help of Shriram Automall India Limited (SAMIL) you can learn to use on board diagnostics (OBD) to help yourself find these problems quickly.

For more such information you can click the link below and go through our blog posts. And at the same time to acquire or dispose a used vehicle or equipment you can also register yourself by clicking the link.

Link: https://goo.gl/tk9WYw 

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

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2017'S TOP 10 SELLING PASSENGER VEHICLES

In the most challenging year 2017, Shriram Automall India Limited (SAMIL) - The No.1 used vehicle andequipment provider of the country disposed number of used models of various passenger vehicle brands, while meeting the major demand in the country.

A car is the second-biggest asset in an Indian household (after house) for buyers; brand reliability and cost-effective after-sales service have become more important. Thereby they are opting for tried and tested brands like Maruti Suzuki and Hyundai over others.

SAMIL being the leading and largest transaction platform for used automotives has researched and carefully curetted a list top selling cars of year 2017. 

In 2017, Maruti Suzuki outpaced the domestic market with total sales growing 14.9% to 16, 02,522 units. As per industry estimates, passenger vehicle sales in the local market were estimated to have increased 8.7% to 3.2 million units in the year. Maruti Suzuki’s market share last year was around 50%, while second placed Hyundai Motor held about 16.5%.

Shriram Automall hopes this blog to be of your use. If you are looking to buy or dispose used vehicles and equipment with such safety features intact, visit your nearby Automall today, as we provide the huge line up of used vehicles of every make and model.

You can also visit us at Auto-Expo 2018 in E32E, Hall No. 4 from 9^th - 14^th February to learn about our platforms and facilities at your convenience.

Link: www.samil.in

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

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During 2018, PVs to grow by 9-11% and Two-wheelers by 9%

In CY2018, Most of the Indian automotive segments are expected to grow in high single-digit or in early double-digits posting an average 8-9% growth.

Passenger vehicles are likely to continue their uptick sales backing on utility vehicles with a growth of 9-11%. Two-wheelers, on the other hand, are expected to plateau out at 9% while the growth in medium and heavy commercial vehicles is pegged at about 8-9%.

In the short-term, light commercial vehicles (LCV) are expected to deliver a better showing than M&HCVs, due to improving economy and need for intermediate distance transportation. Thereby Indian GDP will grow at 7.2% in 2017-18, compared to 6.8%in 2016-17 giving the required leeway for varied sectors. India has already posted a recovery in economic growth at 6.3% during the second quarter of FY18 (July-September 2017), up from 5.7% during the first quarter (April-June 2017).

In addition, there are positive signals of the rural markets coming back on track after two good monsoon years, better crops and more disposable income in the hands of the rural populace raising the demand for motorcycles, utility vehicles, three-wheelers and LCVs in this region.

Fresh investments in infrastructure and road development will give a further fillip to the commercial vehicle sector as will stricter regulatory norms related to vehicle length and overloading.

This has been coupled with a promising showing in the urban markets, which are expected to sustain this strong momentum well into the New Year 2018.

With new passenger/ commercial/two-wheelers vehicle industry rising, we can witness the robust growth of used automotive industry as well. Shriram Automall IndiaLimited (SAMIL) is the leading name to acquire best pre-owned commercialvehicles of every make and model in India.

So, what are you waiting for? Visit your nearby Automall today or click the link below to register yourself.

https://goo.gl/tk9WYw 

Link: www.samil.in

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

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December 2017 – Automotive Sales Analysis!

Continuing on the sales upswing during December 2017, the Indian automotive industry beats the low base effect prevailing during the months of November and December 2016. As December results of automotive companies flow in, most of the vehicle segments have shown the post robust double-digit growth.

The auto sector also benefited from the year-end discounts and the sales hike due to vehicle manufacturers announcing increase in price ranging between 2-5%, kick-starting from January 2018.

Commercial Vehicles

CVs witnessed a healthy double-digit growth during December. While new model launches have kept the consumers’ interest up, infrastructure development and road building activities have boosted the CV sector.

Passenger Vehicles

The passenger vehicle industry was marked by a mixed fortune. While some carmakers experienced a robust double-digit growth, others grew in single-digit.

Two-wheelers

Among two-wheeler players, Hero MotoCorp crossed the landmark of 7 million units in cumulative sales in a calendar year.

Three-wheelers

The three-wheeler segment of TVS Motor Company grew by 72.1 per cent, rising from 5,393 units in December 2016 to 9,279 units in December 2017.

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: https://goo.gl/tk9WYw

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

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SAMIL’s Faizabad Automall Completing 5 Business Years

Shriram AutomallIndia Limited (SAMIL) on 13^th December, 2012, launched its 13^th Automall facility in Faizabad, Uttar Pradesh. The new Automall was inaugurated by Mr. Umesh G. Revankar (MD, STFC) and Mr. Sameer Malhotra (CEO, SAMIL). Currently company has expanded its reach in entire nation with well structured 70+ Automall facilities and 150+ bidding locations, sprawling in every minor and major city of the country.

Faizabad Automall facility is sprawling in 4.6 acres of land. Further, the automobile fanatics seemed greatly enthralled when they were apprised by the online platform, along with various other auxiliary services like Finance, Insurance, New Look, Parking and Documentation.

Since the introduction of this Automall, SAMIL has offered enhanced levels of customer support in the city. The facility spans across mammoth landscape providing innovative bidding platforms and plethora of services to the potentials sellers and buyers of usedvehicles and equipment in and nearby areas. It is manned by qualified, experienced and trained personnel offering best-in-class services.

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.

If you are an interested buyer or a seller of a used automotive or equipment, visit the Faizabad Automall, on 13^th December’2017 and participate in the special bidding event to take home desired used vehicle of your choice.

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

Link: https://goo.gl/tk9WYw 

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

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Shriram Automall is the Smart Choice to Acquire Used Passenger Vehicles

Buying a car is certainly a big investment. You think of several aspects while purchasing a car like how fuel efficient it is, Automatic or manual transmission, Color, Variant and so many such things.

Besides the aforementioned aspects, a buyer cannot overlook the car’s resale value as well.

While some cars hold their resale value, others stoop within few years. To elaborate Shriram Automall India Limited (SAMIL) understands that. Thereby Company is best known for providing the best in class used vehicles and equipment in India.

SAMIL - The Largest Platform for Acquisition & Disposal of Used Vehicles and Equipment in India, while playing its part in National Development, help used passenger vehicle segment to grow. As company make sure to provide passenger vehicles of all make and models available for customers all over the country at optimal prices.

Company’s used passenger vehicle lineup includes everything from SUVs, Sedans etc. Not just that acquiring a used passenger vehicle from SAMIL is also cost saving, which means you can afford a top brand you wouldn’t be able to if it were new while acquiring the used one.

 Another perk is the lower rate of depreciation, as once you drive a new car off the showroom, you instantly lose about 20% of its value. But by acquiring the used one, depending upon the age of the vehicle, you may still be able to get the benefits of newer technology and better fuel economy.

Even with so many pros to offer SAMIL understands it isn’t always easy to find the right used PV in excellent condition. Thereby Company offers the huge line up in all of its 70+ Automall facilities across the country. There with a good visual and mechanical inspection, you can quickly learn whether a used passenger vehicle justify your value for money or not.

So, don’t wait or you might miss the chance of acquiring the right one for yourself.

Visit your nearby Automall today or download our very own “MySAMIL Mobile App” to learn more about us and our inventory. You can also through Live Bidding Platform acquire the choice able used Passenger Vehicle.

Link: www.samil.in, https://goo.gl/tk9WYw

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

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Petrol/ Diesel Cars Won’t Last Long!

With Indian Government dream to make India, completely electric by 2030, consider petrol and diesel cars on their way out. After all being the fourth largest consumer of energy, with total energy consumption of 638 million tons of oil, India is now looking forward to live green with electric vehicles, as the new buzz.

In the country, concept of hybrid and e-vehicles is quite a new concept for many. But if you look back at the history of vehicles, you will learn that, “electric vehicles” is quite an old concept, which goes way back in mid-19th century (some time in 1830s).

Now, automakers as well as the government are gearing up to bring electric mobility to the country all over again with advance models that too very fast. Next year, a number of electric cars will hit the road and you will get to see more charging stations.

Government Role

Adoption of electric vehicles requires mass-level efforts, as the biggest problem in the way of electric mobility in India is lack of charging infrastructure. India has nearly 56,000 fuel stations but only a little more than 200 charging stations. Thereby electric mobility requires a big push. This has already happened, by government ordering to crop up more charging stations by next year and by placing orders for 10,000 electric cars with private companies.

Beginning of Change:

•Indian Oil Corporation became India's first oil marketing company to set up a charging station at a       petrol pump in Nagpur.

•Japanese automakers Suzuki Motor and Toyota Motor have finalized an agreement to manufacture       and sell electric vehicles in India within three years.

•Honda Cars India Limited (HCIL) is readying an electric vehicle strategy aligned with the needs of      the Indian market. 

•HCIL, the Indian subsidiary of the Japanese carmaker, is evaluating developing country-specific         battery electric vehicles addressing the issue of affordability and its suitability under Indian traffic     conditions.

“We as a company are glad to see all the efforts and initiatives that government is taking. Shriram AutomallIndia Limited (SAMIL) as a whole, while playing its part in the National Development, look forward to update its inventory with used e-vehicles/hybrid vehicles to promote, more sustainable means of transport in India” said Sameer Malhotra (CEO, Shriram Automall)

Till then if you are looking forward to acquire or dispose used vehicles or equipment compliant with latest government emission norms, SHRIRAM AUTOMALL is the best place to come to. Visit your nearest Automall or download “MY SAMIL APP” to go through their latest inventory filled with used vehicles of every make & model. You can also click the link below to simply register yourself.

LINK: https://goo.gl/tk9WYw

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

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Indian Automotive Market Analysis: April – October2017

After creating history by crossing the 3 million mark in domestic sales and growing 9.23%, during 2016-17 and 9.96% during March 2017, passenger vehicles have continued their growth streak during April, starting the financial year FY’18 on a promising note.

Cumulative numbers for the April-October 2017 period, looked positive for most segments, with a total of 14,913,307 units (+7.62%), representing good overall fiscal for the industry.

Despite shock prevailing post-demonetization market, the Goods and Services Tax enforcement and the ensuing slowdown due to lot of pre-buying before the implementation of new and expensive BS IV technology in the month of April, the September sales for automotives in the country have been positive.

In the month of September, Passenger Vehicle manufacturers managed a double-digit growth with SUVs boosting sales and Two-wheelers while riding on the robust demand posted highest ever sales. 

On the other hand Commercial Vehicles continued to grow with Tata Motors recording a sales increase of 29 % in the domestic market at 36,679 units compared to September 2016.

In October, as the festive season was right around the corner, and after bumper month of festive September, passenger vehicle sales hit a record 309,955 units and overall industry sales notched 2,490,034 units for a year-on-year growth of 10 %.

Yet, overall industry showed the mixed bag of performance since April to October 2017  with Total vehicle sales across segments being 2,162,164 units (-1.79%), out of which passenger vehicle sales were 279,837 units (-0.30%), commercial vehicles sales were 69,793 units (+6.44%), three-wheelers sales were 61,568 units (+12.81) and two-wheelers sales were 1,750,966 units (-2.76%).

As ratio of UsedAutomotive 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 disposeused vehicle and 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: https://goo.gl/tk9WYw

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

Read More