India to be world's 3rd largest automotive market by 2016: IHS

By 2016 India is predicted to become the third largest automotive market in the world followed by Japan, Germany and Brazil. According to IHS Automotive, a global market information provider, domestic automotive sales in India will contribute to the credit.

While vulnerable economic growth and lower sentiment can crop up as a challenge as in 2012 and 2013, India is quite likely to form a foothold from 2014 onwards, said the Colorado-based firm.

Source: EconomicTimes

Realizing this upcoming trend, Shriram Automall India Limited has set up a robust business platform for the transaction of pre owned vehicles and equipment by establishing Automall in nooks and corners of the country.

Kawasaki Ninja ZX-10R,ZX-14R may be launched next month in India

Kawasaki may launch their two super-sport motorcycles in India, the ZX-10R and the ZX0-14R by this September, reports Overdrive. There have not been any official announcement in this regard, but expect the ZX-10R and the ZX-14R to be launched in India through completely-built-up (CBU) route with a price tag of around Rs 15 lakh and Rs 17 lakh respectively.

It is likely that both of the motorcycles will be sold through Bajaj’s Pro-Biking dealership which previously had the Kawasaki branding and now replaced with its Austrian company, KTM. Bajaj Auto was planning to launch the Kawasaki ZX-10R in India few years back but Kawasaki was against the Indian authorities’ rule of the number plate on the front and the saree guard. Indian authorities expected the front number plate to be placed on the visor, however Kawasaki objected it as they feared at high speeds the plate might come off and hit the rider which might result in a crash. The low volumes and high operating costs also might have resulted in this decision. However, looks like the company has finally realised the potential of premium motorcycle growth in India looking at Harley Davidson’s sales numbers.

The Kawasaki Ninja ZX-10R is Japanese company’s flagship model and is powered by a 998cc inline-four liquid cooled engine that develops 197PS and is mated to six-speed gearbox. The motorcycle features the S-KTRC (Sport-Kawasaki Traction Control) system making this machine a perfect track tool.

The Ninja ZX-14R on the other hand is one of the fastest production motorcycles in the world and is powered by 1441cc inline-four liquid cooled engine. It is sold in the American market with the optional ABS, but we are not sure if the company will launch this variant in India.

Source: Bikewale

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Used Cars India

Sameer Malhotra

What is Private Treaty Sale?

Private Treaty is a platform that facilitates negotiated deals, whereby bulk assets of high value are offered for sale onto the global market. The process originates through discussion and negotiation between the buyer and the seller. A selling and pricing strategy of the assets is decided upon at the mutual interests and the final approval is processed to an individual sale agreement contracts with the buyers.

The scope of the platform is quite challenging since this is quite a long-term selling process. Moreover, the count of sellers and buyers who would be indulging into such a transaction is very limited in the market. Each sale contract is unique and is carried out by our dedicated specialized Private Treaty team. Each member of the team is highly knowledgeable in the concerned field of business and hence the appropriate assistants for both the buyers and the sellers of a Private treaty.

Business transaction of bulk assets includes a lot of apprehensions, inspections and speculations. The longer selling period allows proper judgment of all these core concerns, and an according execution to best suit the purpose and requirements of both the buyers and the sellers.

Shriram Automall India Limited (SAMIL) offers a very efficient and authentic private treaty platform to the clients. SAMIL arranges for a podium of business transaction, a strategic campaign for the buyers and sellers. After providing much assistance to both the parties, the sellers are informed about the best bid, received from various buyers. Negotiation is done in case the bid is lower than the reserve price. A contract and final agreement is then after signed on mutual consents. If you are looking for a reliable Private Treaty platform, SAMIL is definitely your one-stop destination.  

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Sameer Malhotra (CEO at SAMIL)

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BMW Launches i3 Electric Car

The first in a complete range of alternative drive models to be sold under its new i brand.

 Some innovations adopted on the BMW i brand’s initial model is a lightweight inner body structure made entirely out of carbon fibre. At 1195kg, the i3 weighs 90kg less than the existing 114i despite using a battery that is claimed to weigh a significant 230kg. The inherent strength of the assembly used to support its carbon fibre reinforced body panels has allowed BMW’s design team to do away conventional B-pillars and provide rear-hinged coach style doors at the rear. 

At 3999mm in length, 1775mm in width and 1578mm in height, the i3 is 326mm shorter, 10mm wider and 158mm taller than the second-generation 1-series hatchback. It rides on a chassis whose wheelbase is 120mm shorter than that of its existing entry level model at 2570mm, providing the new electric car with relatively short 707mm front and 722mm rear overhangs.

Source: http://www.autocarindia.com/News/351615,bmw-i3-electric-car-unveiled.aspx/2

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ROLE OF SAMIL IN COMMERCIAL VEHICLE INDUSTRY

Indian commercial vehicle industry has seen a radical growth during the last decade. With the market becoming increasingly competitive and the cost of resources rising up the meter, productivity at optimum cost seems to be a challenge to fetch. Catering to all these causes India has earned the fame of being the production hub keeping at par with performance and productivity. Several challenging functions have been observed as a consequence of this. One of the very prominent challenges that need an immediate address is the gaping need for facilities where vehicle owners can have the required repairs done and can even get their vehicle disposed off.

Shriram Automall India Limited (SAMIL), an entity of the Shriram Group has recognized this inevitable market trend, the subsequent needs and has evolved as a pioneer in providing consolidated services to commercial vehicle industry to address the buyers and sellers of used commercial vehicles, used construction equipment, used cars India who operate in fragmented market. The first of its kind, SAMIL offers a plethora of services under a single roof. Right from providing bidding platforms, arranging private treaty, to services like repairs & trucks refurbishment, finance and documentation, SAMIL takes care of all the nitty-gritty details.

With the graph showing an upward curve when it comes to investments in commercial vehicles’ market in India, machines are deployed at regular intervals. Accordingly, Indian market is more likely to see a flourishing impact of the same and rise in the count of customers in future as well. Serving as a positive aspect, this trend will continue to enhance SAMIL’s growth at the background of an ever-prospective commercial vehicle industry.

  

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Sameer Malhotra

Buy Used Cars from Trustworthy Sources

Who doesn't wish to own a vehicle, whether it’s used or new? While, not all can afford to buy a new car, they can opt for a used car or a second-hand car. This does not only reduce the cost attached with buying a car, it also fulfills the dream of an individual to possess a luxury car.

Cars, whether used or new, are available at ample dealer’s stores in the market. A lot of things are needed to be kept in mind, while attempting to purchase used cars in India.

If a person is selling off his car, it could ideally mean that he is dissatisfied with the vehicle. There could be several reasons that might have catered to the owner’s dislike. If the reason is as insignificant as disliking the look and appearance of the car, it is definitely not a major concern. But, the owner’s dissatisfaction related to the vehicle’s performance and running condition, can trouble the next owner as well. Hence, the person attempting to purchase must be able to comprehend the main reason behind disposing off the vehicle. This is because, most likely, the actual reason will remain unrevealed by the owner.

However, the advantage of buying a used car from a reputed used car dealer lies in the fact that these dealers provide some guarantee on the performance of the used cars. However, if the selling party is a trustworthy friend of your, it can prove beneficial.

Shriram Automall India Limited makes it easy for the buyers and the sellers by offering a reliable bidding platform. The company has been dealing in used vehicles, farm/agricultural equipment and machinery for a long time. At present the entity is dealing in used passenger vehicles, two wheelers, three wheelers etc. The company has received a lot of positive feedback's already and many successful events have taken place with big manufacturers as well. Interested people can log in to the SAMIL official website http://bids.samil.in for more information about acquisition and disposal of used cars India. 

Bajaj Auto Ltd. Introduce More Racing Bikes In India

Bajaj Auto launched its premium motorcycle Duke 390cc - the second variant under the Bajaj-KTM partnership in Kolkata.

At the launch, the company said it has drawn up plans to launch more racing bikes for Indian roads in the coming years.

"Bajaj-KTM will launch two variants of the RC brand of 'faired' racing bikes in the calendar year 2014 under the sub-500 cc category," said Amit Nandi, Vice-President of Bajaj Pro biking.

Faired racing bikes, as opposed to nude ones, have engines covered for better aerodynamics at high speed.

Nandi said that the company sold around 8,000 units of KTM bikes in the last financial year in India.

He said that around 25,000 units were exported to Europe, Latin America and South East Asia. "The small displacement KTM bikes were being manufactured at Pune plant and sold globally."

Nandi said racing bikes were the fastest growing segment in the two-wheeler space.

He said the company was looking at 10 per cent growth in the racing category in the current fiscal.

Source: http://businesstoday.intoday.in/story/bajaj-ktm-to-launch-more-racing-bikes/1/197018.html

Looking to buy used bikes in India visit here www.samil.in