Small cars are losing its ground gradually

According to the Society of Indian Automobile Manufacturers (SIAM), domestic car sales rose 3.62% to 2,125,551 units in the first 10 months of the FY15; of this, the entry-level small cars accounted for 430,609 units. Overall, the share of all small cars in the passenger vehicle market has fallen from 68% in FY11 to 52% so far in FY15, while the share of higher-priced segments (sedans and utility, sport and multi-purpose vehicles) has risen from 24% in FY11 to 41% in FY15 so far. Even within the small car segment, demand has moved from entry-level small cars to premium small cars. 

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It’s time for an amazing ride in Honda Amaze, CNG variant

Honda’s compact sedan Amaze is now available in a CNG variant at Rs. 5.99,585. Customer will be entitled to a 2-year warranty on the purchase of this car. Honda Amaze had been a great success for the company after its launch in 2013. This new variant has a bi-fuel option of Petrol/CNG, which has been added to meet customer demand.  

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How to buy a pre-owned car from Shriram Automall?

Indian streets are filled with the footprints of several people who aspire to have a car of their own. With money being a big constraint, they often hesitate to purchase their dream car due to the risk of getting acquainted to unreliable trade practices. Keeping those millions of dreams in mind, Shriram Automall introduced a unique bidding platform from where people can acquire a pre-owned car of their own choice. The Company has established numerous well-structured Automalls, across the nation, where regular bidding events are organised. After a quick registration formality, anyone can participate in these bidding events and get a wide variety of pre-owned cars to choose from. Take a look at steps of participation in a physical bidding event of SAMIL.

1. Visit any of your nearest Shriram Automall and fill registration form at the registration counter.

2.    Collect your bidder book and submit an RSD amount of Rs. 20,000. The bidder book contains necessary information on all the pre-owned cars and other vehicles available for disposal in that particular bidding event.

3.   Make your choice from a wide variety of pre-owned cars available for disposal.

4.  Then physically inspect all your chosen options in the parking area. A Samilian will assist you in making the correct decision through his expert opinion. 

5.   After inspection, visit inside the bidding hall to participate in the bidding event.

6.    Bid on your chosen pre-owned car when it walks the ramp.

7.    To win your dream car, make sure that you become the highest bidder.

“Physical bidding is a new concept in India and has earned immense prominence in a short span of time. In order to attract Indians and their dreams, we have made it an extremely exciting and trustworthy platform through which people can acquire and dispose a wide variety of pre-owned vehicles and equipment.” – Mr. Sameer Malhotra, CEO of SAMIL

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Tip of the Day – How to hunt for a quality used car?

Indians always prefer a drive on quality cars that suits their pocket. With budget being a major constraint with them, their dreams often restrict to a small aspiration and fail to meet the reality. But, sometimes dreams do become affordable and make way for their entry in a dreamer’s life. This happens when pre-owned cars come into the picture and the hunt begins for a quality used car. So, let’s take a look at a tip of the day that will help you get a better used car to drive.   

Get in touch with a source that you trust the most.

Buying a used car can be a risky drive of your life. It’s not necessary that you’ll always get a good option. At times, you may also get worst option packed with the best of marketing tools. The deal will sound lucrative but you may end up getting caught in a trap. So, always look for a source that you can trust the most.   

You can also visit your nearest Shriram Automall, a one-stop marketplace for pre-owned cars and other types of used vehicles and equipment. The Company conducts exciting bidding events every month from where people can acquire and dispose their used vehicles. 

“At Shriram Automall, we ensure complete transparency in our bidding events to facilitate value-for-money transactions. We have multiple bidding platforms, physical, online, private treaty and one stop classified kiosk to offer holistic solutions in the exchange of pre-owned cars.” – Mr. Sameer Malhotra, CEO, SAMIL

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Tips to make an appropriate purchase a Used Car Online

Can we say that mankind has become even more lethargic in the era of e-commerce? Yes, we can! But, what’s wrong with that if we can get the same quality with less investment of time and money? Now that marketplaces have suddenly landed up in our home, we need to be extra cautious while making that perfect choice. So, what if you have to buy a used car online? Obviously, all of us need tips to make an appropriate purchase because it’s a virtual world that we are going to buy a used car from. 

Verify before you get into a loss Used cars online generally ride on the authenticity risk to reach your computer screen. Hence, it is your responsibility to verify the credibility of the seller. Your homework should be done well in advance of purchase. 

 Drive before you finally decide Well, a virtual test drive of a used car online is still going to take some more years of technological advancement. But, before that we have to depend on a real test drive only. So, get out of your lazy zone and go for a test drive before making that final purchase of a used car online.

Read more at: http://shriram-automall.blogspot.in/2015/01/top-three-tips-to-buy-used-car-online.html

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Used car market on fast track in Indore

Used Car Market

The organised used car market in the city is booming, thanks to affordable prices and availability of a wide range of vehicles at authorised dealer showrooms.

Dealers say that the organised used car market in the city, which has evolved over the past few years, is growing at 20% year-on-year. Some car manufacturers, including Maruti Suzuki and Mahindra, run used car showrooms in the city. 

They not only sell used vehicles but also buy them and give the consumers the benefit of exchanging their old car for another one.

"The entire process is streamlined so that customers do not have to go through the hassles of finding the right buyer for their vehicle,” an executive of Maruti ‘True Value’ showroom told HT.

“Also, when it comes to buying a used vehicle, consumers are assured that they will be getting a vehicle that has undergone a rigorous check on all the parameters including performance and safety,” said the executive who requested anonymity.

Read more at: http://www.hindustantimes.com/india-news/indore/used-car-market-on-fast-track-in-indore/article1-1291218.aspx

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Benefits of a Used Car Online

November fared well for Automobile Industry

What Makes Used Cars in India a Smarter Choice?

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November fared well for Automobile Industry

Automobile industry witnessed lackluster sales in the festive season especially in the month of October 2014. However, November has been able to bring back upward trend in the automobile industry. As per the data revealed by car manufacturers, while on one hand, companies like Maruti Suzuki, Hyundai Motor India, Honda Cars India, Toyota Kirloskar Motor and Tata Motors have registered significant growth in the month of November 2014 compared to the same month last year. Then on other hand, carmakers like Mahindra & Mahindra, Ford India and General Motors have felt the pressure of high interest rates, uncertainty of excise duty rates and a generally tight-fisted economy.

Domestic Passenger Vehicle Sales (in units):

	Nov-14	Nov-13	Growth/Decline
Maruti Suzuki India	100,024	85,510	16.97%
Hyundai Motor India	35,511	33,501	6.00%
Honda Cars India	15,263	9,332	63.56%
Toyota Kirloskar Motor	12,175	10,208	19.27%
Tata Motors	12,021	10,376	15.85%
Mahindra & Mahindra	13,765	16,771	-17.92%
Ford India	5,661	7,101	-20.28%
General Motors India	4,157	6,214	-33.10%

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Car sales expected to grow by 12%: UBS survey

In the run up to the festival season, 88% of dealers surveyed expect a sequential rise in sales over next two months

There might be some green shoots of growth visible on the ground, with a new government in place. An Auto Dealer Survey conducted by research firm UBS suggests that there could be signs of improvement in the automobile (four-wheeler) sector. Auto sales are globally considered to be a proxy for economy. In India too, these numbers are taken seriously by economists and analysts as a measure of growth in the economy.


Read more at: http://www.business-standard.com/article/companies/car-sales-expected-to-grow-by-12-ubs-survey-114090801096_1.html

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What Makes Used Cars in India a Smarter Choice?

Almost, everyone on earth dream to own a brand new car. With innovation transforming the facet of car industry every day, the desire to own a new car keeps on becoming stronger. There is hardly any person who would want to pick a pre-owned car in comparison to a new car. But when money comes into the picture, the scenario changes a little. Since, new cars are expensive when compared with the used cars; many people tend to change their preference. So, here I share the benefits of picking a used car over new one in order to make it a smarter choice.

·         Benefit of avoiding value depreciation

When you purchase a used car, you buy it on a depreciated price only. But in case of a brand new car, you must expect a 30% of depreciation within the first 2 years of purchase itself. The resale value of a new car is much less in comparison to its purchase value.  

·         Certified used cars’ condition is just like new cars

There are various authorised dealers who serve certified used cars. This certification makes sure that the vehicle has not undergone any major damage in past. Also, these cars are extensively and thoroughly inspected by the professionals.

·         Affordability Factor

Last but not the least reason is their affordability factor. Used cars are any day easy on pockets than the new cars.

Shriram Automall India Limited (SAMIL) serves a wide range of used cars in India. As a pioneer in providing structured bidding platforms for the trade of pre-owned vehicles and equipment, the company has made a substantial mark in the automobile industry.

“While constructing a roof of innovation over every operation, we have created a plethora of services for our customers. Under our Auto division, a wide range of pre-owned cars are acquired and disposed through our regular bidding events across India, both online and physical events.” – Mr. Sameer Malhotra, CEO of SAMIL  

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