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 icon5018 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

Schwing Stetter to Double Production at Jamshedpur Facility in 2027

auther Kiran Murali calendar17 Sep 2026

The new plant will produce truck mixers for Tata Motors’ trucks.

Mahindra Thar Facelift could Debut on September 22

auther Autocar Professional Bureau calendar17 Sep 2026

The second facelift for the second-generation Thar is expected to bring Thar Roxx-inspired styling and new features, whi...

McLaren Confirms First SUV, Second UK Factory and In-House Engines

auther Autocar Professional Bureau calendar17 Sep 2026

A GBP 500 million investment will fund the performance SUV, a new assembly facility and McLaren’s first in-house engine ...