Landmark Cars has received a Letter of Intent (LoI) from MG Motor India for opening a dealership in Mumbai, Maharashtra. This dealership will be established by M/s Aeromark Cars, a wholly owned subsidiary company of Landmark Cars. This business will include Sales and After Sales of MG Cars. This will be the Fifth MG Motor dealership of the Company within 6 months after Goa, Indore & Bhopal in Madhya Pradesh and Ahmedabad, Gujarat.
This demonstrates Landmark's ability to fortify its partnership with MG Motors and maintain its standing as the partner of choice for OEMs. This is in line with the company’s strategy of being a meaningful partner to each OEM they represent and going deep within each geography to get economies of scale. Currently, Landmark Cars is present in nine states of India.
Landmark Cars is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault.