It’s the Selection Game of Pre-Owned Bikes!

A single option to choose from always makes the selection game easy. But, when you stand on the land of freedom and opportunities, making choice can be quite a task for you. When you go out to buy a used bike, there are around 300 models that you will have to consider in your decision-making process. No matter, if this is going to be your first ride on a bike or you have been a rider before as well, a research from your end is still mandatory. Go online, read reviews, check out magazines and gain insight on specifications. If this is going to be your first pre-owned bike purchase, don’t go for an expensive option. Even a used sports bike will not suit you if you are a beginner.

The best way to find out the perfect match of pre-owned bike for you is to consult is an expert at some dealer. With vast knowledge on biking, practically and theoretically, he will give you the most apt advice for your purchase.

Shriram Automall India Limited caters to the new-age needs of bikers with its wide range in second hand bikes. Specifically for the young India, it conducts regular online bidding events for pre-owned bikes where millions of people share their bids.  

“Pre-owned bike is one of the most important segments that we cater to. For the youth that believe in riding on speed, we make every deal quick and easy through online bidding.” – Mr. Sameer Malhotra, CEO of SAMIL

Used Trucks – Absolutely Lucrative for Trucking Business in India

We live in an age when survival on earth is solely dependent on money. It is a major factor behind the smooth lives of people. Our experiences have brought us to a point where we can hardly make out if we live to earn or earn to live. Various people prefer getting into a business in order to make more money in less time. Within various lucrative businesses, trucking is yet another fruitful business which lures many people. And, when it comes to used trucks in India, the business gets even more enticing and profitable.

All of us want to save money for our future and side-by-side, earn more from our existing business. Well, if we want both of them at the same, then buying a used truck for further disposal is the best option. We all know that trucking business is very good at money-spinning but purchasing a new truck is quite a burden on pockets. In such a scenario, a pre-owned truck comes to your rescue. A used truck is available at very reasonable rate. And, if you are thinking of quality and variety, then I must say that once you are out there to buy one, you’ll discover an all new world with various options and quality.    

If you are looking for a trustworthy name to buy your next used truck, then Shriram Automall India Limited (SAMIL) is the perfect option for you. The company provides well-organised and transparent bidding platforms that make you a proud owner of used trucks.

“Used trucks are a substantial segment of our offerings. We believe that this segment has a great potential and we aim at serving every need in this arena with utmost quality in our offerings.” – Mr. Sameer Malhotra, CEO of SAMIL

VECV introduces Kerala with new light and medium duty trucks

Volvo Eicher Commercial Vehicles (VECV) has launched new light and medium duty trucks in Kerala. These trucks have been introduced to cater to the emerging mid-premium market segment's needs where vehicles with following qualities undergo a huge demand:

• High Power
• Durability
• Great Comfort
• Economical Cost

In Kerala, Eicher enjoys a strong network of dealers, which makes a contribution of around 7% in its All India Sales. It also accounts for 17% of market share in the CV segment.

Time for Used Car Safety Tips

Here Come’s the Monsoon!

We all stand in the mid of 2014 and monsoons are soon expected to drench the roads. With those tiny droplets of water, the entire city is going to experience the most amazing phase of the year. But, what about the wheels on road! Well, it’s time for them to tighten their grip and hold onto the road as they might witness a slippery phase of their life.

The onset of a monsoon season is quite an alarming period for used cars, especially. A need for their repair mostly arises during this phase only. So, here are some safety tips for used cars during monsoon.

·         Before you take your used car out for a drive in rain, make sure its tyres, wipers and brakes are working properly. Good visibility in rain is possible only through good quality wipers, which are often neglected by people. Get them repaired even in the slightest of doubt.

·          Next, check the tyres of your used car. They should neither be over inflated not under inflated.

·         Always carry a safety tool kit in your used car. It must incorporate a first-aid, torches, umbrella, basic medicines, etc.   

If your used car demands some repair, then do not forget to visit the nearest Automall of Shriram Automall India Limited (SAMIL). Get your car refurbished and take it on a long drive in rain.

“As a complete solution provider, we at SAMIL provide a plethora of services related to used vehicles and equipment under a single roof. Our refurbishment services are an initiative towards giving a new life to the vehicles in order to enhance their market value.” – Mr. Sameer Malhotra, CEO of SAMIL

Indian Auto Industry Sales Report for June, 2014

Backed by a new stable government, most of the giants from passenger vehicles, commercial vehicles and two-wheelers segment reported a growth in their sales for the month of June.

The anticipated lapse of excise benefits and attractive discounts became the prime reason for a robust sale of passenger vehicles. The commercial vehicle segment stood at larger reforms and bigger infrastructure anticipated from the upcoming union budget for its growth.

Check out the table below for an insight on the sales report of all the three segments.

Looking for a Used Car?

Check This Out!

No matter, how deep we dig into the pre-owned space of our automobile industry, there are still certain areas which showcase absolute unorganisation. However, there are major players in this segment of the industry which offer complete security and transparency in the purchase of second hand cars. These companies make customers enjoy the option of choice in the purchase of used cars.

Shriram Automall India Limited (SAMIL) is a one-of-its-kind facility, which facilitates the most exciting way of acquiring and disposing pre-owned cars. SAMIL had recently begun its journey in 2011 and today, India boasts it’s Automalls with this company and its innovative approach towards the business. It is the first-ever company in India to introduce the concept of physical bidding. Its Automalls spread across the country carry out real time bidding of not just used cars but also other pre-owned vehicles and equipment. Apart from this, it also has online bidding, private treaty and one stop classifieds, which together along with physical bidding form a strong base for the company.    

If you wish to acquire or dispose a pre-owned car, then SAMIL is the perfect option for a completely transparent and safe deal.

“Used cars form a substantial base for Indian automobile industry. Till now, most of the Indians prefer their first car to be a second hand car. Through this initiative, we take an initiative towards realizing their first-ever wheeling dream.” – Mr. Sameer Malhotra, CEO of SAMIL

Used Bike – Prepare for that Perfect Disposal!

What makes the disposal of a used bike complicated? It’s the lack of preparation. Various sellers walk through hurdles while they dispose their used bikes. All they need to take care of is a little knowledge on the market scenario and what goes into the preparation. So let’s check out, how we can prepare for the next disposal of our used bike.

Presentation

Anything which looks presentable can be sold out easily. Make sure that your used bike looks good so that it does not get rejected in the first impression only. If required, get its washing done or make an investment in some wet wax or chain lube. Good looks can also help in earning more on it.

Servicing

Once your used bike is ready from outside, it’s time to check out its inner parts. A mini service can serve the purpose here. Don’t miss out anything. Your efforts at this stage will result in less bargaining on your used bike.

These preparations are not that big but have a huge impact on the sale of a used bike. In case, you need an expert to carry out the disposal of your used bike, then Shriram Automall India Limited (SAMIL) is a perfect destination for you. The company has various bidding platforms through which it facilitates the acquisition and disposal of pre-owned vehicles and equipment.

“Pre-owned bikes are an indelible segment amongst various others that we cater to. We mainly target the youth of our country for this business operation and aim at serving something new and exciting with every step of our walk.” – Mr. Sameer Malhotra, CEO of SAMIL

What to look for in pre-owned cars of India?

Pre-owned cars market in India is experiencing the most fruitful phase of its journey. From Tata Nano to Mercedes, every brand is spread across the market. It is difficult to give credit to a single reason for this booming period as there are so many in the list, including

·         Low Cost

·         Easy Financing

·         Less Depreciation

·         Availability of Better Models

With the entry of major players in used cars of India, the market has evolved tremendously with lucrative incentives for the buyers. Apart from these, pre-owned cars in India are now available in one year warranty. This is yet another key attraction to this market. Despite of these advantages, it is imperative to check following aspects in a second hand car.

Brand: Do not forget to carry out research on a brand’s generic maintenance track.

Cost: While you make your decision, put in efforts to recognise the running cost of your second hand car. Also, take care of its spare parts and their price along with its resale value.

If you are looking for some credible source for your next second hand car, do not forget to get in touch with Shriram Automall India Limited (SAMIL). The company offers various pre-owned vehicles and equipment on its bidding platforms.

“With our used cars segment, we cater to the dreams of our country’s youth. That’s why we have best brands in the market for our customers.”  - Mr. Sameer Malhotra, CEO of SAMIL

Interview with Mr. Sameer Malhotra, CEO, Shriram Automall India Limited (SAMIL)

Delhi: Why do you think customers will want to come to Shriram Automall?

First and foremost reason would be the transparency of the bid. Also, we have so much of options are available for the customers to choose from in one place. And in the auction, the prices of the vehicles are fixed according to what we think people are willing to pay in the market.

How has the growth been for SAMIL?

There is no de-growth as far as we are concerned. We are growing 50% year on year currently across all the segments and we expect to maintain the same pace this year also. De-growth is present in the new cars and commercial vehicles segment but not in the used car segment. There is still more demand for used vehicles as people are willing to go for used cars to save money. While people are still conservative about used cars, the demand is there.

Read more : http://www.cardekho.com/india-car-news/interview-with-mr-sameer-malhotra-ceo-shriram-automall-india-limited-samil-13207.htm

General Motors and Force Motors got new launches for the industry

General Motors India introduced its compact car, Chevrolet Spark at a price between Rs. 3.44 and Rs. 3.99 lakh (ex-showroom Delhi). It is equipped with additional
features, including

• Outside rear-view mirrors
• Integrated turn signals

Apart from this, the much awaited Force Gurkha from Force Motors is
all set to be launched in India from September 2014.

The vehicle will be available at Rs. 8.25 lakh in its hardtop variant and
Rs. 6.25 lakh in its softtop variant. (ex-showroom Pune).

Used Cars Online – The In Thing!

How about your next car drives into your parking space from the realm of World Wide Web? Sounds like the magical world from Harry Potter? Well, it’s the magic wand of new media infusing mega stores and dealerships into your computer, laptop and mobile phones. While sitting on your most comfortable couch, you can purchase the entire world with ease and convenience. For the people, who are all set to purchase their first car, which is most probably a used car, online medium is now an enticing platform to carry out your search.

Used cars online are just like the ones parked in a dealership showroom and belong to the top brands of our industry. Now, how to buy a used car online? Internet is flooded with various online portals, offering second hand cars. Various automobile companies have entered into this domain while identifying a huge potential in terms of profit.

Shriram Automall India Limited (SAMIL) has been serving as a major player in this area. On its online web portal, the company facilitates an exciting way of acquiring and disposing used cars online. It carries out bidding events on a regular basis in which all the brands are served in its used cars online category. You can log on to bids.samil.in to participate in any of its bidding events.

“With our used cars online, we target mainly the youth of our society. Bidding as medium to acquire a pre-owned car online will be quite interesting for our younger generation.” - Mr. Sameer Malhotra, CEO of SAMIL          

Narendra Modi-led government, expected to bring reforms in auto sector

India is all set to experience a new era with the renewal of government. While Narendra Modi takes the charge of Indian government system, here's what the automobile industry expects out of the system:

·         No change in the current excise duty.

·         Faster growth rate in manufacturing.

·         Improvement in customer sentiment.

·         Fall in interest rates to make vehicle financing attractive for the customers.

·         GST and DTC implementation.

·         A speedy pick up of stalled infrastructural projects.

·         Initiatives to enhance footfall in auto dealerships.

·         More job opportunities.

Shriram Group to Expand its Automall Business in Big Way

Shriram Automall India Limited (SAMIL) records a great response from its customers, mainly small truck operators, along with around transactions of one lakh vehicles valued at about Rs 1,500Cr in last year, conducted through its platforms. The company has drawn up an aggressive expansion plan and will soon start handling two-wheelers also.

The SME segment (including truck owners having up to five vehicles and small retailers) currently contributes around 35% of the business, while the balance is from banks, dealers and original equipment manufacturers. "Over the next few years, we want to take the SME segment's contribution to around 60%," quotes Mr. Sameer Malhotra, CEO of SAMIL.

Traditionally, small truck owners rely on the unorganised sector, where not only is transparency an issue, but customers are often taken for granted.

 The second-hand sales market is currently estimated at Rs 1-1.2 lakh Cr.

ü  Of this around Rs 30,000Cr comes from trucks

ü  Rs 15,000Cr from construction

ü  Rs 15,000Cr from tractors

ü  And the balance from cars and two-wheelers.

A major chunk of this business is in the hands of the unorganised sector. To tap this market, the Group decided in 2011 to set up Automall, which incorporates all the elements of a physical bidding platform.

Physical bidding offers scope for networking, as various traders participate in the event and share information on market trends. More than 100 physical bidding events in over 100 locations take place across India, resulting in sales of more than 6,000 vehicles every month.

In 2013-14, bids were placed for one lakh vehicles worth Rs 1,500Cr, up from 60,000 vehicles worth Rs 850Cr in 2012-13.

Shriram Automall pumps up the heat in Chennai with biggest automobile bidding event

Shriram Automall India Limited (SAMIL) conducted the biggest used vehicles and equipment bidding event in Chennai. With huge rows and columns of used cars, tractors, commercial vehicles and construction equipment, the event made a mark for its massive magnitude.

As a pioneer for introducing well-structured and transparent physical bidding platforms that facilitate the acquisition and disposal of used vehicles and equipment in India, SAMIL bridges the gap between buyers and sellers to facilitate value-for-money transactions between them.

The company has already set up 13 Automalls and around 50 bidding locations in South India and is expected to launch Automalls in Kannur, Mysore, Salem and various other locations. 

Stay tuned at : https://www.facebook.com/ShriramAutomall

Second Hand Cars Scenario in India

The kind of lifestyle that we all have adopted today has an imperative space for cars. The luxury has now been transformed into a necessity and various Indians prefer replacing their car every year. This scenario has somehow tremendously contributed in uplifting the second hand cars market in India to a great extent. People generally follow the trend of approaching a dealer or direct individuals for second hand cars in India. But, now this trend is gradually facing modification after the introduction of Automalls in the country. Shriram Automall India Limited (SAMIL) is the first-ever company in India to serve an exciting bidding platform to facilitate the exchange of second hand vehicles. It has spread the reach of its Automalls; pan India, with a mission to serve the most transparent form of deals in the second hand cars segment of Indian automobile industry.

Within in these Automalls, live bidding of second hand cars takes place which further facilitates in better price realisation of the assets. If you wish to acquire or dispose a second hand car, you can also visit www.samil.in.

“A major portion of our youth in India prefers a pre-owned car as their first wheels to ride on. Keeping their lifestyle in mind, we serve a wide variety of used vehicles and equipment in our online bidding events as well.” – Mr. Sameer Malhotra, CEO of SAMIL.

Tata to introduce India's 1st AMT diesel car at an affordable price

Tata now plans to shift from the 'most affordable' to the 'first affordable' tag by creating its route in the growing AMT car space. The company is going to give India its first diesel-powered automated manual transmission car at an affordable price.

As per the company sources, the future cars of Tata are going to incorporate advanced technologies from Harman. This system includes car-to-mobile phone interface and in-car connectivity applications.

Apart from Tata, a number of other car makers are trying to get into the AMT cars range, following the success of Maruti Celerio.

Current Trend in the Trade of Pre-Owned Vehicles in India

Around a decade ago, when automobile industry did not incorporate the presence of organised players, most of the used vehicles in India were disposed on a customer to customer basis. In fact, if we take a look at used cars, more than 60% of its sales were conducted within family and friends while the remaining was carried out through unorganised dealers. But now, the scenario has completely transformed. More and more well-structured players have taken a prominent place in the customers’ heart while serving them something which is of true value for their money.

Shriram Automall India Limited (SAMIL) is one such organised bidding platform that not only facilitates the acquisition of used vehicles in India but also plays a substantial role in their disposal. Beginning its journey in 2011, the company has bridged the gap between the buyers and sellers of pre-owned vehicles and equipment that too in the most transparent manner. Moreover, the company has also added various allied services in its portfolio, such as New Look, Parking, Valuation and Easy Finance, which gives it an edge of being a complete solution provider in the pre-owned vehicles’ business.    

“At SAMIL, we aim at consistently upgrading our bidding platforms, including Physical Bidding, Online Bidding, Private Treaty and One Stop Classified, to serve a simply incredible experience in the acquisition and disposal of pre-owned vehicles in India.” – Mr. Sameer Malhotra, CEO of SAMIL.

Online Car Bidding – A Perfect Blend of Comfort and Convenience

The way cars are gaining prominence amongst the masses, the industry is working relentlessly on extracting different yet exciting ways of its acquisition and disposal. Online car bidding is one such method of acquiring and disposing pre-owned cars, which is now quite famous amongst the younger generation of our society. Currently, various companies facilitate online car bidding under their offerings. But, if we are looking at the most organised and transparent form of online car bidding, then Shriram Automall India Limited (SAMIL) is one such company on which we can completely rely on. 

If you wish to acquire or dispose a pre-owned car and do not have the time to visit a dealer, then simply visit http://bids.samil.in and get acquainted to an exciting space online. Once you visit the site, the company will provide free online training. Post that, you just have to make a choice and bid the highest amount on it. Moreover, all this can be done while sitting at home itself. Apart from online car bidding, the company also carries out bidding of other used vehicles and equipment online.

“Online car bidding at SAMIL is a complete value-for-money platform for acquiring and disposing used cars. While targeting the younger section of the society, we have incorporated every element of comfort and convenience in our online bidding events.” – Mr. Sameer Malhotra, CEO of SAMIL    

How to Sell a Used Vehicle in India?

India as a market for pre-owned vehicles is structured on a much unorganised platform. Most of the people buy or sell their used vehicle through roadside small dealers. In such circumstances, there is a huge risk involved in every deal. The moment at present calls for enhancing the arena of organised and well-structured platforms that facilitate trade in the pre-owned vehicles of automobile industry. If we take a look at the disposal of second hand vehicles, it is very important to make use of the right platform to ensure maximum realisation on the asset. Let’s take a look at various platforms through which you can sell out a pre-owned vehicle.

·         Dealership

There are various dealers that facilitate the disposal of used vehicles in India. All you have to do is simply research on the nearest dealer to your home and take your vehicle there. Later on, it is his duty to hunt for the right customer for you. The dealer does charge a commission for the deal, which is a certain percentage of the total amount.

·         Bidding

Bidding is a quite new concept in the trade of used vehicles in India. But over the time, it has gained immense popularity amongst the people who are familiar to it. Companies, like Shriram Automall India Limited, facilitate a wide variety of bidding platforms on which people can acquire or disposed pre-owned vehicles. This bidding is carried out online, in an Automall or through negotiated deals. As an exciting medium, it offers best price realisation on the assets.

If you wish to dispose or sell any of your pre-owned vehicles, then do get in touch with Shriram Automall India Limited (SAMIL). As a pioneer in introducing well-structured bidding platforms for the trade of pre-owned vehicles and equipment, the company has brought a drastic change in the automobile industry.

“SAMIL has a pan India presence through its Automall facilities across the country. The recent launch of our Automall in Delhi is all set to facilitate an exciting bidding experience for the trade of pre-owned vehicles and equipment.” – Mr. SameerMalhotra, CEO of SAMIL    

What to Look Out for While Buying a Pre-Owned Car?

Automobile industry in India is consistently enhancing its dimensions with a boom in the pre-owned cars segment. The last few months have showcased a tremendous growth in the sale of used cars in India. While people shifted their preference from new cars towards used cars, India began to ride on luxury at an affordable price. If we take a look at the trade of second hand cars in India, the sector is built on a quite risky platform with an incorporation of unorganised players to a great extent. In order to strike best deals while purchasing a pre-owned car in India, follow the points given below.

·         While purchasing a used car, make sure you pick the latest option out of the lot. There are various people who dispose their car immediately after few month of purchase. In fact, many sell their car even before its warranty period expires.

·         Do not hesitate and get lazy in carrying out an extensive research on your choice. Do look for any sort of complaint filed against the pre-owned car that you choose. This research can be carried out online as well.

·         Once you are sorted with the research, do not forget to do the physical inspection of the used car. Do check out its condition in order to avoid expenses in future.

·         Service records of a used car also play an important role in arriving at a wise decision. Always look out for a well-maintained service record which actually acts as proof for its better condition.    

If you are hunting for a pre-owned car in India, check out www.samil.in for a wide variety at some amazing prices. Shriram Automall India Limited (SAMIL) facilitates the trade of pre-owned vehicles and equipment through its transparent and well-organised bidding platforms.

“Pre-owned cars segment in India has witnessed a massive growth in the recent past. In quest of setting some incredible benchmarks in this arena, we at SAMIL addressed the growth through our transparent bidding platforms which further lead to building a strong association with the customers.” – Mr. Sameer Malhotra, CEO of SAMIL

Online Car Bidding – A Drive on the Lanes of your Dream

He’s young. He’s energetic. He starts and ends his day with a mobile phone. Instead of real space, he spends most of his day in the world of internet. He loves to travel, but in his own car. Yes, he is ambitious and a dreamer too. He wants his own car but only through his pocket, which is not deep yet. Obviously, he can’t meet the expenses of a new sedan and he’s even not in for a hatchback. So, he goes for a middle option which is a smarter choice as it fulfills his need at the cost of his own pocket only. Yes, he opts for a used car which fits perfectly into his brand and model choice.

His tech-savvy nature gets attracted to a wide-range of options available on the internet. And while he surfs, he lands onto a platform which makes his search even more exciting. As he gets introduced to online car bidding, he simply gets ready for an exhilarating experience ahead.

With the advent of new media online car bidding has become quite prominent amongst the youth section of our society. Being an innovative platform to carry out the trade of cars, online car bidding has earned the trust of millions of people around the globe. The most amazing thing about online car bidding is its ability to facilitate the comfort of buying a car while sitting at your most comfortable couch at home. As a substantial part of internet-driven lifestyle, online car bidding is the best way to buy a car.  

If you fit into the category of a smart trader, visit www.samil.in and take the best of benefits while trading used vehicles and equipment with Shriram Automall India Limited (SAMIL). As a pioneer, SAMIL provides well-structured and transparent bidding platforms, including online bidding, physical bidding, private treaty and one stop classified.

“At SAMIL, we make every possible effort in serving sheer transparency in our deals. While walking towards a self-made destiny, we aim at consistently enhancing the arena of our operations with the introduction of innovative practices.” – Mr. Sameer Malhotra, CEO of SAMIL

How Business Plan Helps in Making a Correct Choice for Used Trucks

The requirement of a used truck is observed mostly with business owners who are into contractual agreement or operators who are seeking an employment through trucking. Every day, various people hunt for pre-owned trucks either online or at dealerships. And their choices are mostly dependent on horse power, makes and models, transmissions and engine type and amenities. While concentrating majorly on these things, people forget about business plan. Basically they fail to identify its importance in making the right choice while buying a used truck. Let’s see how this thing can help in making a wise decision.  

• While preparing a business pan, you always make note of the total number of miles you are going to dedicate to your used truck. This acts as a major point on the basis of which you can make a great decision.
• Depending on the maintenance cost that you calculate for your used truck which will automatically go into your business cost, you can any day make a better choice.
• Based on the monthly income, when you decide on your capability of expenditure, it helps you in determining the price range in which you are going to purchase the used truck.  
• Your future plans play an important role in the success of your business. When you actually plan your upcoming 3 or 5 years, it gives you a brief idea about your requirements.

If you think you are clear about your business plans now and wish to purchase a used truck, get in touch with Shriram Automall India Limited, the only company in India to serve well-structured bidding platforms for the trade of used vehicles and equipment.

“On our transparent bidding platforms, we serve a wide variety of used vehicles and equipment and our services are not just confined to one region as our bidding platforms are spread across India.” – Mr. Sameer Malhotra, CEO of SAMIL

For latest or upcoming news or events, visit us on facebook at : https://www.facebook.com/shriramautomall

It’s times to realise your dream of owning a car

Buying a car was always a dream for me since childhood as I belonged to a middle-class family. I clearly remember those days, when my dad used to travel by bus every day. In fact, I had also travelled with him by bus many a times. While travelling, I always used to prefer window seat and wonder how comfortable journeys would have been for people travelling in a car. Whenever I used to ask my dad about when we were going to purchase a car, his answer always revealed that money was a big constraint which kept us away from purchasing it. But, that desire always remained in my heart. And, now when I aspire to realise that dream, money still remains an issue for us.

This problem was soon sorted when I came to know about Shriram Automall through a friend. I shared my problem with him and he took me to one of the physical bidding locations of company. I was simply amazed to see a wide range of used cars that the company had within the premises of its Automall. And, the best part about acquiring a car from there was transparency that the company maintained in its deals. We all know that buying a used car in India is big risk for people. But, when I saw everything at Shriram Automall, automatically the trust developed. The company also provides loan on used cars through its parent company, STFC. Now, I feel anyone can realise his/her dream of owning a car through this platform without any issue.

Shriram Automall India Limited (SAMIL) has set up various Automalls across the nation in order to serve the wheeling dreams of people. It provides a wide variety of used vehicles and equipment on different bidding platforms, like Physical Bidding, Online Bidding, One Stop Classified and Private Treaty.

“The inception of SAMIL was aimed at realising the dreams of people by providing structured bidding platforms for the trade of pre-owned vehicles and equipment. Today, it feels proud to see several people living happily with their dreams come true through SAMIL.” – Mr. Sameer Malhotra, CEO of SAMIL

Hindustan Motors in talks with global automobile firms for joint venture

Hindustan Motors (HM) recently divested its Chennai plant to an associate company, Hindustan Motors Finance Corporation. HM is now in talks with some global automobile firms for setting up a joint venture in Chennai, The plant is dedicated to the manufacturing of cars under Mitsubishi Motors' licence.

Do's and Don’ts of Purchasing a Pre-Owned Commercial Vehicle

Are you hunting for a used commercial vehicle for your business? Great! That means your business is growing. But in case you are doing it for the first time, then be cautious as it can be a little intimidating thing to do. Do not relate it with buying a car because the considerations that go into the purchase of a used commercial vehicle are quite different. To make things easier for you, here are some dos and don’ts of buying a used commercial vehicle.  

Do's

• Your decision for a purchase must be based on your usage of the vehicle. Depending on that you will decide the category of options that you should explore. In case, you need it for transporting heavy goods, then a used mini truck will not serve the purpose.
• Fuel is one of the most important considerations that you should look for. In case, you are hunting for a bigger commercial vehicle, then remember that it will consume more fuel. If your business can afford that level of consumption then only go for this option. Otherwise, you will end up in a big tension in future.

Don’ts

• Never go unprepared while you visit a dealer to purchase a used commercial vehicle. It is mandatory for you to have all the technical knowledge so that you can make the most appropriate choice.
• Never say ‘Yes’ until you are not sure about the used commercial vehicle. Because that will result in future problems. That’s why, it is necessary to physically inspect the vehicle through a test drive.  

Now, after reading these dos and don’ts, if you wish to purchase a pre-owned commercial vehicle, then do get in touch with Shriram Automall India Limited (SAMIL). As a pioneer in giving structure bidding platforms for the trade of used vehicles and equipment, the company has spread its Automall facilities across the nation.

“At SAMIL, we make consistent efforts in ensuring customer satisfaction through our bidding platforms. We serve a wide range of pre-owned vehicles and equipment with utmost transparency.” – Mr. Sameer Malhotra, CEO of SAMIL.

Used cars showcase stronger growth in current fiscal

The pre-owned segment of cars is expected to showcase a growth by 15-18% in this financial year. Within this segment, the organised sector is witnessing a growth by 40% annually. At present, 15% of transactions take place in the organised sector of pre-owned cars; rest of the transactions takes place in unorganised market.  

The next five years in automobile industry are going to observe double size for used cars market in comparison to the new cars. And, that means the pre-owned segment of cars will carry out a sale of 5 million units per annum by 2019/2020.

Reasons for growth
•  A strong growth of around 14% from 2007-08 to 2011-12 in new car segment, which further lead to huge used cars’ inventory
•  Change in consumer behaviour with reference to vehicle ownership. The duration of 5-8 years before replacement has gone down to 3-4 years.
•  Decrease in the difference between diesel and petrol prices has enhanced demand for pre-owned diesel vehicles.
•  A low population of pre-owned diesel cars

At present, around 2.5 million pre-owned vehicles are disposed in a year which takes the value of industry to over Rs. 40,000 crores.

Don’t think much, simply go for used cars!

When it’s about used cars, one cannot just depend on the first option for purchase. Obviously, a lot market research goes into the task in order to realise best out of the money. A better understanding of the vehicle and various other options available in the market helps in making a better decision which leaves no scope for regret in future. Never assume that if the car is not new that means you cannot expect good quality at a nominal price. In used cars category also, various options are available which can be relied upon for great performance.

Over the time, it has been observed that the used cars industry has grown at a fast pace. If you wish to crack best deal in this sector, it is mandatory for you to explore almost every outlet and develop a skill of negotiating over prices. But, always remember that even if a used car looks perfect in condition, that doesn’t mean it is not going to face any problem in future. We need to be extremely cautious while checking a used car’s condition. It is always wise to take help from an expert. He/she will be able to guide you properly.   

Always remember that purchasing a used car is at not all a bad option. In fact, used cars are the most attractive and reliable vehicles on road. Also, there are various options available in the market, which don’t look like an old car. So, always go for the used cars when budget is a constraint for you.   

Shriram Automall India Limited (SAMIL) offers a wide variety in used cars. For any brand in this segment, you can simply visit one of its Automalls or visit its website, www.samil.in

“With every passing day, we make consistent efforts in designing the most satisfying form of our offerings. In our wide range of used vehicles and equipment, used cars are an important part.” – Mr. Sameer Malhotra, CEO of SAMIL

Most Economical Cars in India

If we take a look at the Indian market of cars, there is a massive flood of compact cars. The reason of their presence in huge quantity is their economical nature. People find them a great value for money that they spend on it. Let’s explore the top cars in India, which people prefer while keeping budget into consideration.

·         Maruti Alto 800 LXI (Airbag)

This car is the most popular car in entry-level segment with an attractive exterior. While carrying a larger legroom and headroom, it captures the most comfortable expression in its interior. For the safety purpose, it contains an airbag as well. A huge section of Indian population rides on it daily. In fact, the pre-owned segment of this car is also very prominent.

·         Hyundai EON Sportz

This car has been especially designed with specific features that perfectly satisfy every whim and fancy of Indians. Equipped with all the standard features, this is a perfect pick for an economical purchase in cars. Its pre-owned segment is also quite prominent.

·         Maruti Suzuki - Wagon R 1.0

After Alto, this is known for having second largest sale in India. People prefer it more because it is not only a stylish car but is also equipped with a spacious interior. Its attractive features make it a perfect buy for people.

The current scenario showcases a great demand for used cars in India in comparison to the new ones. People generally prefer them as they are earned by spending less money.

Shriram Automall India Limited (SAMIL) serves a wide variety of pre-owned cars on its most transparent bidding platforms. To carry out the operations of acquiring and disposing used cars in India, the company has its various Automalls constructed across the nation.

“At present, India is witnessing a huge demand for pre-owned cars. Keeping the market scenario into consideration, SAMIL caters to every trend with utmost passion in its bidding operations across India.” – Mr. Sameer Malhotra, CEO of SAMIL