Popular Vehicles & Services has received a Letter of Intent (LoI) from Maruti Suzuki India to establish a new independent True Value outlet for preowned vehicles in Bangalore, Karnataka.
This development represents a strategic move to expand its presence in Karnataka and also meet the growing demand for reliable, value-for-money mobility solutions in urban markets. Spanning approximately 6,000 sq. ft., the new facility will have the capacity of covered display of up to 15 vehicles on-site. The facility is expected to be ready and start operations by the end of August 2025.
Popular Vehicles & Services is engaged in the business of automobile dealerships in India. It provides complete services throughout the life cycle of vehicle ownership, including sales of new and preowned vehicles, servicing, spare parts distribution, driving schools, and third-party financial and insurance product sales.