Landmark Cars Limited — Updates, 14-02-2025: Press Release

Landmark Cars Limited has executed a bespoke Dealership Agreement with PCA Automobiles India Private Limited, a Stellantis Group Company, to manage the sale and after-sales service of Citroen vehicles from its existing Jeep facilities in Mumbai. This strategic move does not require additional investment, highlighting an efficient use of existing resources. The addition of the Citroen brand marks the 11th brand for Landmark Cars, which already sells recognized names such as Mercedes-Benz, Honda, and BYD. Chairman Sanjay Thakker emphasized the company's focus on profitable growth by leveraging its established infrastructure to optimize operations. This agreement potentially broadens the company’s market offerings and enhances its competitive positioning in the premium automotive retail sector, warranting close attention from investors.