Landmark Cars exits Volkswagen operations in Delhi NCR to reduce losses

Landmark Cars Limited, a leading premium automotive retail network in India, will cease to operate its Volkswagen Delhi NCR business w.e.f. March 31, 2026. This decision is taken to reduce losses arising from non-performing operations and in line with the company’s strategy to rationalize costs. The company will continue to run Volkswagen operations in the State of Gujarat. The financial impact is expected to be minimal as the assets have already been depreciated.