Top M&A's in auto industry in 2015

Cox Automotive - Mahindra First Choice Wheels

December 07, 2015, 00:03 IST
In November, US-based digital marketing company Cox Automotive acquired a significant strategic stake in Mahindra First Choice Wheels, the used-car retailing unit of Mahindra & Mahindra.

Cox Automotive owns AutoTrader, the largest digital automotive marketplace in the US, and vehicle research platform Kelley Blue Book.

Mahindra First Choice owns IndianBlueBook.com, an online vehicle valuation company.

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