Ashok Leyland has signed a memorandum of understanding with Shriram Automall India Limited (SAMIL) to create a transparent and trusted ecosystem for certified pre-owned commercial vehicles across India. The MoU was signed by Mr. Viplav Shah, Head of LCV at Ashok Leyland, and Mr. Sameer Malhotra, Director and CEO of SAMIL.
Under the partnership, the two companies will combine Ashok Leyland’s commercial vehicle expertise and brand legacy with SAMIL’s nationwide auction and remarketing network to offer customers quality-assured, reliable pre-owned vehicle solutions. The collaboration will support exchange, disposal, hybrid, and special vehicle inspection facilities, with the aim of becoming the preferred choice for customers considering a vehicle exchange.
Mr. Shah said the partnership marks an important step in expanding Ashok Leyland’s footprint across the entire commercial vehicle lifecycle, and that combining the company’s deep industry expertise with SAMIL’s strong network will create greater value and a seamless ownership experience for customers.
Mr. Malhotra said partnering with Ashok Leyland is a significant milestone in SAMIL’s journey to build an organised and trusted marketplace for pre-owned vehicles in India, and that the collaboration will provide a transparent, efficient, and reliable platform that simplifies buying and selling of pre-owned commercial vehicles across the country.
The partnership is aimed at expanding Ashok Leyland’s reach among fleet operators and single-truck owners nationwide, at a time when the pre-owned commercial vehicle sector is experiencing consistent and exponential growth.