India’s automobile industry is one of the fastest growing in the world, as it is already the sixth largest globally. Till about a six years ago, in the absence of organized players, more than 50 percent of all used car sales were C2C (customer to customer) among friends and relatives, with a ‘Circle of Trust’. The remaining sales were managed by local unorganized dealers. In 2011, after Shriram Automall IndiaLimited (SAMIL) incepted its first Automall facility in India, face of the used automotive market changed.
Read More