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Popular Vehicles & Services Ltd
Popular Vehicles & Services Ltd Company History
Popular Vehicles & Services is engaged in the business of sale and service of automobiles, sale of spare parts and accessories, finance and insurance commission. The Company is headquartered in Kochi, India and has operations in Kerala and Tamil Nadu. The Company primarily operates as the Maruti Suzuki vehicle dealer in Kerala and was amongst the first batch of dealers appointed by Maruti Suzuki in the country.
1984
Our Company commenced automobile dealership business with setting up their first Maruti Suzuki showroom in Trivandrum, Kerala
1984
1997
Our Subsidiary, PMMIL commenced its first dealership in Kerala for Tata commercial vehicles
1997
2002
Our Company commenced the ÂPopular Motors dealership in Chennai, Tamil Nadu, for Maruti Suzuki passenger vehicles
2002
2005
Our Subsidiary, PADL commenced spare parts distribution business in Kerala
2005
2006
Our Subsidiary, PMMIL commenced the ÂPopular Motors dealership in Tamil Nadu for Tata Motors (Commercial) commercial vehicles
2006
2008
Our step-down Subsidiary, VMPL commenced our ÂVision Motors dealership in Kottayam, Kerala for Honda passenger vehicles
2008
2015
Investment by BanyanTree in our Company
2015
2021
Our Subsidiary, KGPL, entered into a dealership agreement with Piaggio Vehicles Private Limited to operate dealerships for three-wheeler electric vehicles in Ernakulam
Our Subsidiary, KCPL, entered into a letter of intent with Ather Energy Private Limited to operate the two-wheeler electric vehicles dealership in Trivandrum
2021
2022
Our Subsidiary KCPL, entered into a letter of intent with Ather Energy Private Limited to operate the two-wheeler electric vehicles dealership in Nagercoil, Tamil Nadu
2022
2023
Our step-down Subsidiary PMPL*, entered into a slump sale agreement to acquire BharatBenz dealership business in Maharashtra
Our Company received an in-principle approval for Maruti Suzuki dealership (Arena Channel) at Bangalore, Karnataka
2023