A dealership for Grenadier off-road vehicles opens in Hungary

INEOS is building a global sales network of existing vehicle dealers, 4X4 specialists and agricultural equipment dealers, with plans for the brand to have 200 sales and service centers in more than 50 countries by the end of 2022.

In the announcement, they informed that INEOS is assisting its official Hungarian partner in setting up the salon, and also provides intensive training for salespeople and specialists working in the workshop.

The dealership will open during the summer, but the full technical specifications and price of the Grenadier will be available in Hungary from the end of April, and it is expected to be possible to place an order from May, they said.

INEOS Automotive Limited was founded in 2017 with the participation of leading automotive professionals to develop and manufacture practical, hard-working four-wheel drive off-road vehicles. INEOS Automotive is a subsidiary of the INEOS Group, a leading manufacturer of petrochemicals, specialty chemicals and oil products, employing 26,000 people in 29 countries across 36 businesses. In 2019, INEOS achieved sales revenue of around $61 billion and EBITDA of around $6 billion.

The Gablini group of companies, a medium-sized company owned by Hungarian entrepreneurs, has been a dominant player in the distribution of passenger cars in Hungary for more than 30 years and employs around 170 people. The company group currently distributes several brands, including Aston Martin, Nissan, Peugeot, Hyundai and Kia models, and provides service for Infiniti and Citroen.

According to public company data, the sales revenue of Gablini Kereskedelmi és Szolgáltató Kft. was HUF 14.2 billion in 2020, and even more than HUF 15 billion in 2019. The profit after tax was HUF 181 million last year, and HUF 317 million in 2019.

(Source: autokalauz.co.hu; MTI | Image: pixabay.com)