Popular Vehicles Accelerates Luxury Push: Imperion Cars Snaps Up Audi Dealerships from Olympus Motors for ₹9.75 Cr!

Popular Vehicles & Services Ltd, a leading multi-brand auto dealership, announced that its wholly owned subsidiary Imperion Cars Private Limited executed an Asset Purchase Agreement on December 30, 2025, with Olympus Motors. The deal targets established Audi dealership assets for ₹9.75 crore (₹97.5 million), marking a key expansion in premium automotive retail.
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Key Highlights

• Acquisition Value: ₹9.75 crore for Audi dealership operations, including sales and service infrastructure.
• ​Revenue Potential: Projected ₹120-150 crore annually, signaling strong ROI in luxury segment.
• Strategic Fit: Builds on recent Audi India LOIs for 5 touchpoints in Hyderabad, Visakhapatnam, and Vijayawada, enhancing presence in Telangana and Andhra Pradesh.
• ​Company Context: Popular operates 56 showrooms across Maruti Suzuki, Honda, JLR, and now Audi, diversifying beyond economy cars.

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This acquisition positions Popular Vehicles firmly in India's booming luxury auto market amid rising premium vehicle demand.
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Sources: ScanX Trade, Marketscreener.com