Mahindras bet big on used car business

FirstChoice is poised to grow strongly in the coming years.

30 Aug 2007 | 2749 Views | By Autocar Pro News Desk

Automartindia, the used car business of Mahindra & Mahindra, has opened its first superstore in Mumbai. The three-way joint venture between the M&M group (which holds 75 percent), HDFC and Sah & Sanghi has also rechristened itself FirstChoice. The size of the used car market is estimated to be between ...

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