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 icon5077 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

Honda Targets 6 Million Two-Wheeler Sales in FY27: Reports

auther Autocar Professional Bureau calendar18 Oct 2026

HMSI also plans capacity expansion to 8 million units by 2028.

Weekly News Wrap: BS7 Norms Proposed, Hyundai Commits $15.5 Billion, Stellantis Plans Rs 4,000 Crore Investment   

auther Darshan Nakhwa calendar18 Oct 2026

The Centre proposes tighter emission norms, while Hyundai and Stellantis outline major investments, Renault launches the...

Himadri Speciality Chemical Records Rs 231 Crore Net Profit in Q2 FY27

auther Dev Vadchhedia calendar18 Oct 2026

Himadri posts 58 percent revenue growth driven by advanced battery materials expansion and core segment demand.