Ashok Leyland has signed a Memorandum of Understanding (MoU) with Shriram Automall India Limited (SAMIL) to establish a certified pre-owned commercial vehicle ecosystem in India. The partnership will focus on expanding access to used commercial vehicles through SAMIL’s auction and remarketing network.
Ashok Leyland, Shriram Automall Sign MoU for Certified Pre-Owned CV Ecosystem
The MoU was signed by Viplav Shah, Head – LCV, Ashok Leyland, and Sameer Malhotra, Director and CEO, SAMIL. Under the agreement, the two companies will work together to facilitate the buying and selling of pre-owned commercial vehicles across the country.
Partnership to Offer Exchange, Disposal and Inspection Services
The partnership will offer services including vehicle exchange, disposal, hybrid and special vehicle inspection. It is also expected to help Ashok Leyland expand its reach among fleet operators and single-truck owners in India.
“We are delighted to partner with Shriram Automall to strengthen our presence in the pre-owned commercial vehicle market,” said Viplav Shah, Head – LCV, Ashok Leyland. “By combining Ashok Leyland's deep expertise in the commercial vehicle industry with Shriram Automall's strong network and customer base in the used vehicle segment, we aim to create greater value and a seamless ownership experience for customers.”