Multi-brand used car company Mahindra First Choice Wheels Ltd, as part of an aggressive network expansion plan for Telangana and Andhra Pradesh, on Tuesday announced the opening of an outlet in Secunderabad.
With this, the company has 12 outlets each in Telangana and Andhra Pradesh. Mahindra First Choice Wheels plans to have a total of 40 to 45 outlets across the States by March 2016 and 70 to 75 by March 2017.
The new outlet, Paramount AutoBay Services, at Neredmet, spread over 3,500 sq. ft., was inaugurated by the firm’s CEO and managing director Nagendra Palle.
Addressing mediapersons, Mr.Palle and vice-president (retail business) Tarun Nagar said that the company because of the certified services it offered and the reach was able to do better than the national growth of 17 per cent in the used car market.
The company, they said, planned to take the number of dealerships across the country from 699 now to 1,000 by 2016-17. In doing so, the company would focus on rural markets and expand to commercial vehicles.
[“source-thehindu”]