Landmark Cars, one of India’s top luxury car retail businesses, has recently informed exchanges that the company secured a letter of intent from BYD India Pvt Ltd for opening a showroom in the city of Faridabad in Haryana. This showroom will be opened by Watermark Cars Private Limited, a completely owned subsidiary of Landmark Cars. Landmark already has a VW outlet in Faridabad and the new BYD outlet will help it improve its operating efficiency.
Landmark Cars Limited is India’s leading premium automotive retail business, with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, KIA and MG Motors. The company operates along the whole automotive retail value chain, which includes sales of new vehicles, after-sales service and repairs, sales of pre-owned passenger vehicles and facilitation of the sales of third-party financial and insurance products.
