”The Automall is a one- stop which facilitates buy- ing and selling of used commercial vehicles”
– Mr. Revankar
Shriram Transport Finance Company Ltd. (STFC) has just launched Shriram Automall in Aurangabad. This brings to the city the country’s first single-window destination for trade of pre-owned trucks.
Inaugurated by Mr. U.G. Revankar, Deputy Managing Director, STFC, the facility, spread across a sprawling 2 lakh sq. ft. feet space, is the first-of-its kind initiative, which will give access to the country’s large community of truck-owners to trade their vehicles in a hassle-free manner.
Apart from trading of trucks, Automall also helps owners seek financing and insurance options, as well as provides major and minor repair facilities.
The company plans to have a pan-India network of 50 such Automalls strategically located on important highways of the country.
The Automall is a one-stop which facilitates buying and selling of used commercial vehicle and will also assist registration of an individual buyer’s requirement. Road transport is the lifeline of Indiaís growing economy. Automall will benefit truckers by promptly replacing their vehicles, leading to modernization of the country’s trucking fleet. The facility will house hundreds of pre-owned vehicles both in as-is-where-is and refurbished condition and truckers will be able to trade in a transparent manner. This is the first Automall in Aurangabad, and we hope that it brings progress and eases life of the truckers, said Mr. Revankar.
The Automall also houses Shriram One Stop, a computerized touch screen kiosk which is a virtual truck bazaar, providing real time information about used commercial vehicles available for sale and simultaneously facilitate registration of individual buyer’s requirements. One Stop will bring more transparency in the process of buying and selling used commercial vehicles.