Landmark Cars Limited is a leading premium automotive retail business in India, with dealerships for prestigious brands such as Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault, as well as catering to the commercial vehicle retail business of Ashok Leyland in India. The company operates across the automotive retail value chain, which includes sales of new vehicles, after-sales services and repairs (including the sale of spare parts, lubricants, and accessories), sales of pre-owned passenger vehicles, and the facilitation of third-party financial and insurance product sales.
The company started its operations in CY1998 with its first dealership for Honda and has since expanded its network to 112 outlets across 8 Indian states. As of September 30, 2021, the network includes 61 sales showrooms and outlets, along with 51
Landmark Cars Limited is a leading premium automotive retail business in India, with dealerships for prestigious brands such as Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault, as well as catering to the commercial vehicle retail business of Ashok Leyland in India. The company operates across the automotive retail value chain, which includes sales of new vehicles, after-sales services and repairs (including the sale of spare parts, lubricants, and accessories), sales of pre-owned passenger vehicles, and the facilitation of third-party financial and insurance product sales.
The company started its operations in CY1998 with its first dealership for Honda and has since expanded its network to 112 outlets across 8 Indian states. As of September 30, 2021, the network includes 61 sales showrooms and outlets, along with 51 after-sales service and spare parts outlets. The company focuses on the premium and luxury automotive segments, which are projected to grow significantly. CRISIL Research expects the premium segment to grow at a CAGR of 10-12% from Fiscal 2021 to Fiscal 2026, and the luxury segment is expected to grow at a CAGR of 20-22% during the same period.
The company has achieved leadership in several areas, ranking as the number one dealer by sales volumes for Mercedes-Benz, Honda, Volkswagen, and Stellantis (Jeep) in various fiscal years, and the third-largest dealer by sales volume for Renault in CY2020.
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