How Mahindra First Choice plans to spread its wings

The pre-owned vehicles arm of the Mahindra Group plans to add 30 outlets in a few days taking the total number to 1,000.   Mahindra First Choice Wheels (MFCW) is embarking on an aggressive......

Used car market to reach 7.2 mn units in 3 years

The used car market is now 1.2 times the size of the new car market. Demand for pre-owned cars remained strong in the financial year 2018-19 (FY19), crossing the 4-million unit mark, even as sales......

Auto industry expects to sell two used cars for every new car

After he got a salary increment in April this year, Ravi Madhav, a Mumbai-based media professional who used to move around with his humble automatic scooter, decided to buy a hatchback for his......