Inchcape has announced that its will leave the Chinese car retail market with the sale of its Lexus, Porsche and Mecedes-Benz dealerships in the country for over £54 million.
Inchcape has appointed former LeasePlan chief financial officer Gijsbert de Zoeten as its own CFO following Richard Howes’ decision to leave the AM100 car retail group.
Inchcape Retail has seen 20 of its business managers pass the IMI Accreditation for Finance and Insurance standards.
Jardine Motors Group is preparing to open a new Audi dealership in Bolton following its acquisition of the current facility and planned new showroom from Inchcape.
Harwoods Group has confirmed that construction of a new Aston Martin dealership will start on the former Ford Transit factory in Southampton after it acquired part of the site from Inchcape.
Inchcape’s growing profitability from global vehicle distribution were offset by a challenging retail sector during 2018 – with revenues up 3.6% but underlying profit before tax down by 6.5%.
Inchcape will open a new Jaguar Land Rover showroom in Southampton on November 26, in line with JLR’s dual-brand strategy.
A pedal-pushing aftersales manager from Inchcape’s Tunbridge Wells Audi car dealership has completed a 500-mile charity bike ride alongside his daughter.
Inchcape’s Cooper BMW dealership in Durham has launched a new media marketing strategy following the appointment of new head of business Richard Skinner.
The Volkswagen TPS network announced its continued growth following the opening of new trade parts hubs in Bolton and Watford, with Birmingham and Cardiff operations now set to relocate to larger premises.
Inchcape has reported that the global reach of its automotive retail and distribution businesses helped to offset the UK market’s “slower growth” in 2017.
Inchcape is preparing to redevelop Derby’s former cattle market site as a Jaguar Land Rover dealership after acquiring the 11.5-acre site for an undisclosed sum.
Motors.co.uk has appointed the former general manager of Inchcape Retail as its new sales director.
Inchcape has revealed that it expects to “continue to benefit from its global diversification and scale” in a trading update which revealed group revenues had risen 14.6% to £2.3 billion in Q3.
Jane Talbot, an Inchcape BMW Colchester sales consultant, has won a Behavioural Measurement Score Award at the inaugural Performance in People Customer Experience Day.
Inchcape has reported that its UK trading profit was “broadly flat” as its global distribution operation helped the business bolstered revenue growth in the first half of 2017.
The chairman of the government's Treasury Select Committee described a visit to Inchcape’s Loughborough Mercedes-Benz facility as “an eye-opener” after accepting an invite to visit from the NFDA.
Most of the UK’s listed dealer groups plan to increase used car revenues, prestige representation or operational efficiency.
Inchcape has launched a search to find seven technicians to work across its Jaguar and Land Rover dealerships in Derby.
Inchcape is expected to submit a planning application for a new £9 million Audi retail site in Bolton which is being hailed as a potential “game changer” for the town.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues