Landmark Cars Exits Volkswagen Operations in Delhi NCR
Mumbai – Landmark Cars Limited (BSE: 543714 | NSE: LANDMARK), a leading premium automotive retail network in India, will cease its Volkswagen Delhi NCR business, effective March 31, 2026. The decision impacts one showroom and one workshop in the region.The move is intended to reduce losses from operations and aligns with the company’s strategy to rationalize costs and improve operational efficiency and profitability. Landmark Cars will continue its Volkswagen operations in the State of Gujarat.
Due to the age of the Delhi NCR locations, the assets have been fully depreciated, mitigating any significant financial impact.
About Landmark Cars Limited
Landmark Cars Limited operates dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, KIA, MG Motors, and Citroën. The company also provides retail services for Ashok Leyland commercial vehicles and offers a range of automotive services including sales, after-sales service, pre-owned vehicle sales, and financial/insurance product facilitation.For more information, please visit www.grouplandmark.in.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.