Shriram Automall’s ‘Power of Choice’ continues to transform CV segment

Over 10 years, the company has been able to sell over 5,10,000 pre-owned commercial vehicles, transforming several drivers and machine operators into owners, making a substantial contribution in uplifting transporters in their businesses

Shriram Automall India Limited (SAMIL), one of India’s leading platforms for buying & selling of pre-owned vehicles and equipment, has helped the sector reach new heights. Over the last decade, SAMIL has been able to remove every opaque layer of pre-owned commercial industry to make it organised and transparent through its unique, innovative and technology-enabled solutions. It has become one of the trusted platforms for buying and selling activities for all types of pre-owned inventories like heavy commercial vehicles (HCVs), medium commercial vehicles (MCVs) and light commercial vehicles (LCVs).

For its contribution, the company has been awarded the ‘Best Pre-Owned Commercial Vehicle Company of the Year’ at the CIA World Builders and Building Materials Award 2020. The major objective of the award is to recognise, encourage and motivate outstanding performers in the commercial vehicles industry. SAMIL received the award for being the largest pre-owned commercial vehicles player in India with over 5,10,000 transactions of commercial vehicles since its inception in 2011.

SAMIL has been honoured with over 20 nationally recognised awards in a brief span of 10 years and has acquired over 17,50,000 customers by conducting 1,50,000+ bidding events at 100+ locations across the country. The company initially started with a single automotive mall in Chennai, focusing mainly on the used commercial vehicles segment. The objective was simple: to turn an otherwise unorganised used vehicles and equipment industry into an organised one, making it more transparent. The company started by setting up India’s first-ever bidding platform that connects buyers with sellers interested in CV exchange, making the entire process a little faster, smoother and easier.

Now, 11 years down the line, SAMIL has been able to sell over 5,10,000 pre-owned commercial vehicles, transforming several drivers and machine operators into owners, making a substantial contribution in uplifting transporters in their businesses. SAMIL is one of the prominent, most trusted platforms for all leading OEMs, banks, NBFCS, transporters, leasing and rental companies, vehicle aggregators, dealers, contractors and individuals. It is a brand that they look up to dispose their pre-owned commercial vehicles, construction equipment, farm equipment, passenger vehicles, three-wheelers and even two-wheelers.

The company offers a well-organised and transparent platform that entitles sellers to a strong PAN India network, an existing registered buyer base, a structured physical and digital platform, and a plethora of allied services to help them streamline the entire process; making it faster, simpler and more profitable. For its buyers, the offerings include a wide list of allied services, essential for end-to-end vehicles and equipment acquisition needs. It offers the widest range of pre-owned commercial vehicles along with a multi-channel bidding platform, complete support for paperwork, certifications, and easily accessible refinancing option. Such an option helps boost the buying potential allowing the customer to buy more vehicles. It also offers hassle-free logistics and transportation services to ensure doorstep delivery of purchased vehicles and first and third party insurance service at standard prices.

As such, SAMIL becomes the preferred choice for pre-owned commercial vehicles’ buyers. Commercial vehicles have always been a driving force for the Indian automobile industry as well as the SAMIL Group. While India ranks at the sixth position for CV manufacturing, the industry is filled with great potential to make the country shine on the world map. For the future, Shriram Automall India Limited aims to further uplift the pre-owned commercial vehicles industry by enabling an even faster, swifter and easier exchange process for its customers.