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
Weekly News Wrap: Skoda-JSW Explore JV, Ultraviolette Plans ₹1,000-Crore Bet, BMW Eyes Top Spot
The week saw a fresh India automotive partnership take shape, EV makers step up capacity, BMW sharpen its luxury-market ...
Why India Made the First Cut for Volvo's Biggest Engine Renewal in a Decade
The Swedish truck maker will bring its all-new D13 diesel and G13 gas engines to India alongside Europe, Morocco and Tur...
Toyota, IVECO Partner Under EU Project To Develop Next-Gen Hydrogen Fuel Cell Trucks
Toyota will supply the fuel cell system while IVECO leads vehicle development, integration and validation of the new hea...


29 Feb 2024
Autocar Professional Bureau

Shahkar Abidi
Shruti Shiraguppi