Saturday, February 20, 2010

Mahindra First Choice in talks with auto companies to procure used cars

Mahindra First Choice Wheels, India’s largest multi-brand pre-owned car company, is reportedly in talks with car manufacturers like Tata Motors, General Motor, Maruti, Volkswagen, Skoda, Ford to source pre-owned cars. It is to be mentioned that Mahindra First Choice is the country’s preferred pre-owned car mart and is India’s only organized multi-brand player, with 100 plus outlets in over 60 towns across India. The company plans to expand this number to 300 outlets in the next three years. This implies that customers will soon be able to choose from a range of certified pre-owned cars throughout India, including the metros and tier-2 towns and cities. As part of it transparency efforts, the company would also be launching a new mathematical pricing model on its portal soon. It registered a turnover of Rs. 220 crore last fiscal and expects to close the current fiscal with around Rs. 400 crore.
Read more: Mahindra First Choice in talks with auto companies to procure used cars - WheelsUnplugged Automobile Industry News Under Creative Commons License: Attribution
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