Landmark Cars to Expand Market Share with New MG Experia Outlet in Ahmedabad

Landmark Cars to Expand Market Share with New MG Experia Outlet in Ahmedabad​

Landmark Cars Limited, a leading premium automotive retail business in India, has received a letter of intent from JSW MG Motor India Pvt. Ltd. to open a new MG Experia showroom in Vastral, Ahmedabad, Gujarat. This expansion marks the company's 17th MG Motor outlet and is aimed at deepening its presence within the brand and the Ahmedabad market.

The new dealership will be established by M/s Aeromark Cars Private Limited, which is a wholly owned subsidiary of Landmark Cars. The addition of this showroom signifies a significant step in strengthening the partnership between Landmark Cars and JSW MG Motor India.

This venture focuses on the sale of MG cars. Ahmedabad remains an important market for Landmark Cars, as the company initially established its operations in the city 27 years ago. This specific dealership will be the second sales outlet operated by the company for JSW MG Motors in Ahmedabad.

MG Moto is highlighted as a key player in the new energy vehicle segment, with several future launches planned. The addition of this facility helps reinforce Landmark's commitment to the MG brand within its portfolio.

Company Profile and Portfolio​

Landmark Cars Limited operates as a leading premium automotive retail provider across India, managing dealerships for several prominent brands. Its current client portfolio includes Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, KIA, MG Motors, and Citroën.

Beyond new vehicle sales, the company caters to the commercial vehicle retail business of Ashok Leyland in India. Landmark Cars operates across the entire automotive retail value chain, offering services including:

• Sales of new vehicles
• After-sales service and repairs
• Sales of pre-owned passenger vehicles
• Facilitation of third party financial and insurance products

Landmark Cars Limited has established a robust presence in India's automotive sector through this multi-faceted business model.

LANDMARK Stock Price Movement​

Landmark Cars Limited shares edged higher on Friday, closing at ₹512.80 after gaining 3.19% against the previous day's close. The equity saw brisk trading, with a total volume of 244,103 shares exchanged during a session where the stock traded within a range from ₹487.10 to ₹522.00.