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Honda Motorcycle & Scooter, India announced its partnership with Shriram Automall India to sell Pre-owned two-wheelers in India.
Earlier, Honda had launched its own concept for pre-owned two-wheelers called Shriram Automall will buy any Two-Wheeler manufactured by any company and exchange it with the new Honda Two-Wheeler.
Both Honda and Shriram Automall aim to sell 3.5 lakh two-wheeler units in the next three years through this tie-up.
YS Guleria, Vice-President, Sales & Marketing, HMSI said:
He also said that we are selling around 20,000 units of two-wheelers via outlets annually.
Sameer Malhotra, CEO, Shriram Automall India said:
News Source: Honda Motorcycle & Scooter India, Shriram Automall tie-up to sell pre-owned two-wheelers - The Economic Times
Earlier, Honda had launched its own concept for pre-owned two-wheelers called Shriram Automall will buy any Two-Wheeler manufactured by any company and exchange it with the new Honda Two-Wheeler.
Both Honda and Shriram Automall aim to sell 3.5 lakh two-wheeler units in the next three years through this tie-up.
YS Guleria, Vice-President, Sales & Marketing, HMSI said:
\\\\\\\"At present the industry lacks an organised and reliable structure. Through this tie-up we aim to bridge this gap, currently the contribution of pre-owned two-wheeler market is estimated to be around 15 per cent of overall sales, but the potential is immense.\\\\\\\"
Sameer Malhotra, CEO, Shriram Automall India said:
News Source: Honda Motorcycle & Scooter India, Shriram Automall tie-up to sell pre-owned two-wheelers - The Economic Times
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