Mahindra First Choice embarks on expansion, plans to add 30 outlets soon

Company's June volumes to reach 80% of pre-Covid levels, firm plans to have 1,250 dealers by FY21-end as it eyes overall sales of 200,000 units by FY21

Mahindra First Choice Wheels (MFCW) is embarking on an aggressive expansion plan to tap into the burgeoning demand for used cars. 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, a top company official told Business Standard.    

Even as the market for new cars remains depressed amid the economic fall out of the pandemic, that for pre-owned vehicles is seeing a strong recovery. As a result, the market is expected to reach 80 per cent of what it was in February (a month before the