Exclusive Car Event at Shriram Automall, Manesar

GURGAON, India - Sept. 18, 2013 - PRLog -- On 17the October, 2013 Shriram Automall India Limited (SAMIL) had organized a first of its kind auto event at Manesar. The vein of the event was the ramping of exclusive demo and display cars. The event witnessed a major response from enthusiasts. Quite a number of cars were sold in the auto event. Buyers were excited for being the first owner of exclusive cars. Among the displayed brands were Tata, General Motors, Toyota, Chevrolet etc.

India has her ranking among the first tenth as the largest manufacturer for passenger cars (http://www.samil.in/used-cars). The reason has been the marking demand for the same in the market. This trend urged SAMIL to host a physical auto bidding event addressing solely the passenger cars segment.

The cars were impressively arranged in a line up at the yard. Visitors and participants, who accumulated at the venue, were happy to have received such an opportunity to explore and inspect the excusive cars, selected on the basis of respective concerns, parameters and specifications.

While the primary focus of the event was ramping of exclusive cars, the inventory had some pre-owned cars as well. Shriram Automall, Manesar keeps on hosting auto events at regular intervals. But the exclusive passenger cars event of 17^th September has been the first initiative, of its kind.  This undoubtedly brought a fair opportunity to explore new scopes of business transactions.

Being the first of its kind, apprehensions existed regarding the participation of mass. The active inflow of interested bidders made this event a delightful venture.

About Shriram Transport Finance Company Limited (STFC)

Shriram Transport Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking and Distribution businesses. Established in 1979, Shriram Transport is today the largest asset Financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 530 branch offices. Based at Mumbai, it manages assets over Rs 46,500 crores and has a live customer base exceeding 9,00,000.

About Shriram Automall India Limited (SAMIL)

Shriram Automall India Limited (SAMIL), one-of-its-kind facility is a wholly owned subsidiary of Shriram Transport Finance Company. It is India's first ever service provider that offers a platform for acquisition & disposal Of pre-owned commercial vehicles, construction and agricultural.

Equipments in an organized and transparent manner. The company has already launched its full-fledged facilities in 24 key locations across India. The Automall offers a common meeting

platform, where the valuation of the vehicle is determined through a transparent process. Inaddition, Shriram Automall also promotes two new initiatives: 'Shriram New Look' and 'Shriram

One Stop' to provide value-added services to its potential customers Or  further information, please contact:

SHRIRAM AUTOMALL INDIA LIMITED

www.samil.in

709, Best Sky Tower,

F-5, Netaji Subhash Place,

Pitampura, Delhi -110034

Tel: 011 - 41414444

Fax: 011 - 42414444

E-Mail: contact@samil.in

Toll Free: 1800 102 4141