volkswagen
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Sapna Bhardwaj Jan 20 2022 - 4 min readAhmedabad-based Landmark Cars Ltd, a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault has filed its draft red herring prospectus (DRHP) for Rs 762 crore initial public offering (IPO) with Sebi. According to the draft papers, the issue consists of a fresh issue of equity shares aggregating ...
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Vaishnavi Gupta Dec 30 2020 - 1 min readVolkswagen has expanded its digitally integrated pre-owned car dealership network in India by opening two more such facilities, one each in Ahmedabad and Bengaluru. The European car maker is further planning to have 21 such dealerships in the country by 2021. In September, Volkswagen Passenger Cars India had launched its digitally integrated service outlets Das ...
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Franchise India Bureau Sep 25 2019 - 1 min readVolkswagen will reduce the number of its dealer-partners in India to 50 from 60. With this move, the German carmaker seeks to improve its profitability. However, Volkswagen is encouraging its present dealer-partners to launch more outlets to increase sales, leverage economies of scale and improve profitability. Steffen Knapp, Head of Volkswagen Passenger Cars, said, “The ...
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Franchise India Bureau Sep 10 2019 - 1 min readVolkswagen India has opened a new dealership facility in Goa, which is a split facility situated at Porvorim and Verna Industrial Estate, both. The new dealership is a 2S (Sales and Service) facility, which will be managed along with Das WeltAuto, which is Volkswagen’s pre-owned car seller. With this new facility, Volkswagen now has a ...
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Franchise India Bureau Aug 26 2019 - 1 min readVolkswagen, Europe’s leading car manufacturer, has launched its new state-of-the-art 3S (Sales, Service and Spares) facility in Aurangabad, Maharashtra. This new dealership is located at the District Court, Adalat Road, Aurangabad. Spread across 20,000 sq ft, the 3S facility is managed by Dhoot Motors, comprising of 4-car displays along with 10-service bays. The workshop at this ...