S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Lucid Taps Munsterhuis to Anchor Dutch Retail Expansion

Lucid Group is shifting its Dutch retail strategy by appointing the veteran automotive group Munsterhuis Autobedrijven as its first official partner in the Netherlands. The deal aims to scale the presence of the Lucid Air sedan and the upcoming Gravity SUV beyond the existing company-operated studio in Hilversum.

Lucid Taps Munsterhuis to Anchor Dutch Retail Expansion
Photo: Bio & News

The collaboration centers on a new dedicated sales and service hub in Hengelo. By integrating Munsterhuis’ six decades of local market experience with its own software-defined vehicle technology, Lucid plans to streamline access for Dutch buyers. The move mirrors a broader European hybrid retail model, following a similar partnership established with Germany’s Wackenhut earlier this year.

Lawrence Hamilton, President of Europe at Lucid, described the Netherlands as a critical market with high demand for sustainable mobility. Jochen Munsterhuis, director of the family-owned firm, noted that the partnership allows his group to integrate premium electric vehicle technology into a portfolio already encompassing sales, leasing, and insurance. The Hengelo site will serve as a full-service facility, handling both vehicle sales and authorized aftersales support.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!