Skip to main content

Shriram Automall generates transactions worth Rs 150 crore

Over 7,900 vehicles and equipment and other assets were sold in a single day.

Autocar Professional BureauBy Autocar Professional Bureau calendar 29 Feb 2024 Views icon5094 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
 Shriram Automall generates transactions worth Rs 150 crore

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 Plans to Expand VIDA Capacity to 80,000 Units a Month by Q2 FY28

auther Darshan Nakhwa calendar29 Oct 2026

The expansion comes amid strong EV demand and low dealer inventory, as Hero MotoCorp plans to increase production and wi...

Battery Replacement Costs Top Concern Among Hesitant EV Buyers: PulseAI Study

auther Eshisha Java calendar29 Oct 2026

A survey of 1,300 Indian consumers found battery replacement costs, safety concerns and charging times among the key bar...

LANXESS, BPCL Sign MoU To Explore Industrial Lubricant Technologies

auther Eshisha Java calendar29 Oct 2026

The non-exclusive agreement covers lubricant additives, OEM-approved industrial lubricants, specialty fluids and localis...