Lucid Announces First Retail Partnership in Europe: Wackenhut to Launch Sales and Service Operations in Germany
Lucid Group, Inc. (LCID)
Company Research
Source: PR Newswire
Lucid has started the expansion of its distribution footprint in Europe, combining its existing direct-to-consumer approach with new retail partners.German retailer Wackenhut, one of the region's most established premium dealer groups, becomes Lucid's first-ever retail partner, with sales and service operations to begin in Baden-Baden from March 30, 2026, and Stuttgart this summer.MUNICH, March 16, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced the signing of Wackenhut as its first retail partner in Europe. The long-established, family-owned automotive retail group headquartered in Nagold, Germany, will begin selling and servicing Lucid's full vehicle portfolio in their facilities in Baden-Baden starting from March 30, 2026, with Stuttgart to follow this summer. Additional Wackenhut facilities will support service operations, expanding regional coverage and offering additional servic
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- 2/24/26 - Miss
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- 3/12/26 - Form 8-K
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