Shriram Automall generates transactions worth Rs 150 crore
Over 7,900 vehicles and equipment and other assets were sold in a single day.
Shriram Automall India (SAMIL), amongst India's largest phygital pre-owned marketplace for vehicles and equipment, has generated transactions worth Rs 150 crore at its 13th anniversary,
The event saw more than 120 auctions conducted in 120 cities across India, as per the press release.
More than 3,500 sellers across banks, NBFCs, insurance companies, OEMs and dealers, leasing, rental and aggregator companies participated in this event.
Over 7,900 vehicles and equipment and other assets were sold in a single day, the press release noted.
Sameer Malhotra, Director and CEO of SAMIL attributed the success of the event to SAMIL's facilities, customer-centric services, and innovative Phygital and Online Auction Platforms.
RELATED ARTICLES
Hero MotoCorp to Increase Stake in Ather Energy
Hero MotoCorp's board has approved a share purchase worth up to ₹1,758 crore, lifting its stake in the EV maker from 29....
Tata Motors Adopts Tata.cars Identity for Passenger Vehicle Business
New identity will appear across dealerships, digital platforms and after-sales operations; Tata Motors Passenger Vehicle...
German Auto Industry to Lose 34,000 Jobs in 2026: Horváth Study
AI transformation has become the second-highest strategic priority for Germany’s automotive industry, behind cost and ea...


29 Feb 2024
4976 Views
Angitha Suresh

Autocar Professional Bureau