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Landmark Cars inks LoI with Mahindra & Mahindra

20 Apr 2024 Evaluate

Landmark Cars has signed a Letter of Intent (LoI) with Mahindra & Mahindra for opening three showrooms and four workshops in Hyderabad. These outlets will be established in one of the wholly owned subsidiaries of Landmark Cars, namely, Landmark Mobility. Landmark Cars, already has three Mahindra & Mahindra outlets in West Bengal. This strategic initiative underscores Landmark's commitment to solidifying its presence in the vibrant Hyderabad market. 

Mahindra & Mahindra will be the third dealership for Landmark Cars in Hyderabad, after Mercedes-Benz and Kia. This is in line with the Company’s strategy of horizontal expansion with fast-growing, premium brands and vertical expansion by going deep into an identified geography. 

Landmark Cars is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault.


Landmark Cars Share Price

426.85 -4.20 (-0.97%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Popular Vehicles 99.14
Competent Auto 374.55
Landmark Cars 426.85
CarTrade Tech 1857.00
Resourceful Auto. 39.00
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