About

Automotive Manufacturers Private Limited (AMPL) was incorporated in the year 1948, under the dynamic leadership of Shri. Manubhai Sanghvi and Shri. P.P Sanghvi. The company started as main dealers of Leyland Motors, UK for marketing their products in the erstwhile states of Bombay, Hyderabad and Saurashtra. The company assembled about 2000 Leyland vehicles at its Kurla Works between 1949 and 1955.In addition to marketing, the company was also engaged in CKD assembly of Leyland vehicles till 1955, when Leyland Motors, U.K. entered into financial and technical collaboration with Ashok Leyland. In the year 1958 dealership for Mahindra& Mahindra Limited was taken. The company thereafter took up marketing of products manufactured by Ashok Leyland in the states of Maharashtra, Andhra Pradesh and Gujarat, Mahindra in Andhra Pradesh and Gujarat. In 1986 dealership for Maruti Suzuki Ltd., was taken for Maharashtra at Navi Mumbai and subsequently extended to Nagpur, Aurangabad and Nasik. Kobelco, a giant in the construction equipment sector has been added. In 2007, dealership for Audi was taken for the state of Andhra Pradesh."

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CARS24

https://cars24.com

Founded

2015

Type

Product

Size

5000+

Stage

Raised funding

About the company

CARS24 is a leading AutoTech company streamlining and revolutionizing the sale, purchase, and financing of pre-owned cars in India, Australia, Thailand, and UAE.

Our Purpose: To revolutionize the future of mobility

Our Intent: Transformation through technology

Our Promise: To be the first-class destination for second-hand cars!

At CARS24, technology isn't just embraced – it's the driving force behind transforming the global used car industry. Our goal isn't mere size; it's achieving excellence. As India's premier auto-tech pioneer, we're more than an organisation; we're architects of experiences, champions of innovation, and creators of a groundbreaking tech-driven future.

Leveraging cutting-edge technology, that includes a Smart AI Pricing Engine, and the largest dealer network, CARS24 ensures that selling pre-owned vehicles is seamless and transparent. Customers get a great price, instant payment, easy documentation, and the freedom to sell from anywhere, making the process convenient and hassle-free.

When buying from CARS24, 140 Quality Checks at the state-of-the-art Mega Refurbishment Labs (MRL) ensures customers get cars that are ready for the road, and come with 1 year warranty and easy 7 day returns.

CARS24 Financial Services Private Limited, is a professionally managed Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India, offering innovative and new age financial products leveraging latest and proprietary technology.

Our commitment to innovation is the driving force behind our success and our tech-first mindset is ingrained in our DNA. Whether it’s evaluation, customer protection policies, warranties, or just customer support, every bit of the buying and selling journey is seamlessly managed by the cutting-edge technology that we use.

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