30.20 (0.97%) Mahindra & Mahindra’s (M&M) business unit - Mahindra First Choice Services (MFCS) multi-brand certified used car company, is strengthening its presence in the Chennai region by appointing 10 franchisees. The first of its franchisees – KLN Motor Agencies, was inaugurated on May 09, 2014 at Ekkattuthangal.
The company is also actively exploring newer regions like Mumbai, Pune, Delhi NCR and Punjab and Karnataka which will help it meet its target of 100 plus workshops by the end of this fiscal.
Mahindra First Choice Wheels (MFCWL) is the country’s preferred used car mart and is India’s number one multi-brand certified used car player. The company plans to expand this number to 600 outlets over the next two years.