Mahindra & Mahindra’s (M&M) business unit - Mahindra First Choice Services (MFCS) has launched Autoinspekt - an industry first used vehicle inspection service. Autoinspekt is an unbiased third party vehicle evaluation report for financiers, dealers, corporates and consumers to determine the condition, quality and value of their vehicles which is generated after physical inspection of the vehicle.
The company has registered a 50% growth in online vehicle sales through its eDiig platform. The company sold over 55,000 units online in FY14 and strengthened its leadership position in the B2B online vehicle auction space. During the year, the company also added new clients to its roster and expanded its buyer base to 9,500 buyers in 900+ locations across the country.
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.
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