Shriram Transport Finance Company launched its Shriram Automall in Aurangabad. The Automall, a single-window destination for trade of pre-owned trucks, is spread across 200,000 square feet. Apart from trading of trucks, Automall also facilitates the owners to seek financing and insurance options, as well as provides major and minor repair facilities. As an add-on facility, rest rooms for travel-fatigued truck drivers and cleaners are also provided. The company plans to have a pan-India network of 50 such Automalls strategically located on important highways of the country.

“The Automall is a one-stop shop which facilitates the buying and selling of used commercial vehicle and will also assist registration of an individual buyer’s requirement. Road transport is the lifeline of India’s growing economy. Automall will benefit truckers by promptly replacing their vehicles, leading to modernisation of the country’s trucking fleet. The facility will house hundreds of pre-owned vehicles both in as-is-where-is and refurbished condition and truckers will be able to trade in a transparent manner. This is the first Automall in Aurangabad and we hope that it brings progress and eases life of the truckers” said U G Revankar, deputy managing director, Shriram Transport Finance Company, who inaugurated the Automall on January 3.

The Automall also houses Shriram One Stop, a computerised touch-screen kiosk which is a virtual truck bazaar, providing real-time information about used commercial vehicles available for sale and simultaneously facilitate registration of individual buyer’s requirements. One Stop aims to bring more transparency in the process of buying and selling used commercial vehicles. The Automall includes Shriram New Look, wherein refurbished pre owned commercial vehicles are put on display for buying with inbuilt financing options.