Mumbai, September 7, 2009
Mumbai, September 7 , 2009: eBay India Motors , the leading online marketplace for sale of second hand vehicles , today announced a tie-up with AutoXchange , a monthly print & online auto magazine , where eBay Motors PriceBook powers used car pricing for the website visitors and readers of the magazine. This alliance is aimed at empowering Indian car buyers and sellers with accurate market price information. eBay Motors PriceBook ( https://sms.pricebook.in ) is India's first ever used cars & bikes guide for consumers available on mobile , by sending a simple SMS to 56070 and was launched in December 2008.
Mr. Ashish Shah , Head – eBay India Motors , says , " eBay Motors Pricebook is the first of its kind product in India which is based on real transactional data and provides price for both used car and bike on mobile as well as internet. The eBay Motors Pricebook will be available to all the visitors of the autoXchange website ( www.autox.in ) allowing them to get the market price on mobile We believe that PriceBook , which is aimed at reducing price information asymmetry in used vehicle industry , provides very good value to visitors on automotive classified sites ".
Speaking about the alliance , Mr. Dhruv Behl , Business Head , AutoXchange , said , "This partnership with a trusted global brand such as eBay furthers the mission of autoXchange , which is to empower the Indian car user – consisting of buyers , sellers , and enthusiasts. The eBay Motors Pricebook on our website ( www.autox.in ) and 'Indicative Values' page in the magazine provides an extremely powerful tool for our faithful readers , as data of this nature has never before been so easily accessible in the Indian market."
The eBay Motors PriceBook widget is available to the 100 , 000 monthly visitors of the Autoxchange website ( www.autox.in ) , allowing them to use the easy drop down to select from the car make , model , year of manufacturer and pin code of all popular Indian cars and get its market price. In addition , every monthly magazine of Autoxchange will have an 'Indicative Values' page , powered by eBay Motors PriceBook , which will provide invaluable data to 1 , 50 , 000 monthly readers of the magazine , regarding the market values of Indian cars in various segments.
About eBay India Motors
eBay India Motors is the leading online marketplace for sale of second hand cars , bikes & commercial vehicles in India . It primarily operates a B2B Motors Marketplace (b2bmotors.ebay.in ) where corporates , financial institutions , large dealers and fleet owners sell vehicles to automobile dealers across the country. This unique marketplace was founded in 2002 as part of Baazee.com (now eBay India ).
About autoXchange :
autoXchange is a unique and pioneering magazine , launched by Comnet Publishers Pvt. Ltd. in September 2006 , for the benefit of car users , buyers , collectors and enthusiasts in India . autoXchange fills a void in the market by kick starting a revolution that's been waiting to happen in India . Our mission is twofold – a ) we aim to organize the car market for the benefit of buyers and sellers alike , and b ) assist in creating a true car culture in this country at the grassroots level. Since the magazine provides immense value and unique content , autoXchange is pioneering this culture in India . Comnet Publishers Pvt. Ltd. is part of the leading Exhibitions India Group (www.exhibitionsindiagroup.com ) – a trade promotion Group established in 1987.
