inchcape
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Car Dealer News 10 DecInchcape reports ‘better than expected’ November lockdown sales
Inchcape has reported that its performance during November’s ‘Lockdown 2’ COVID-19 restrictions was “better than expected” – leading to an upgraded pre-tax profit forecast.
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Car Dealer News 5 Nov
Inchcape’s Q3 COVID-19 rebound ‘stronger than expected’ in UK and Europe
Inchcape’s car retail revenues declined 17% during Q3 despite a ‘stronger than expected’ COVID-19 recovery from its operations in the UK and Europe.
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Acquisitions and deals 9 SepSwansway Garages acquires Inchcape Volkswagen dealership in Oldham
Inchcape has continued its recent string of UK dealership disposals with the sale of its Oldham Volkswagen car franchise to Swansway Garages.
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Acquisitions and deals 13 AugArden to acquire Inchcape BMW/Mini Tunbridge Wells car dealerships
Arden is poised to acquire Inchcape’s Cooper BMW and Mini car dealership operation in Tunbridge Wells, with the deal expected to be finalised by the end of this month.
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Car Dealer News 30 Jul
Inchcape continues restructure plan after £188m H1 2020 loss
Inchcape is driving forward plans for a restructure to be completed by Q1 next year after reporting a 36% decline in overall revenues and pre-tax losses of £188 million in the first half of 2020.
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Car Dealer News 21 MayInchcape's revenues drop 32% due to coronavirus impact
Inchcape’s revenues have dropped 32% in the first four months of 2020 as the international auto retailer and distributor battled coronavirus impact.
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People News 4 MayInchcape appoints former Fujitsu director Duncan Tait as Group CEO
Inchcape has appointed former Fujitsu director Duncan Tait as its new Group CEO after the departure of Stefan Bomhard prompted “strong interest and a group of high-quality candidates”.
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People News 16 MarInchcape’s Dan Goodfellow joins Carsnip as head of digital
Carsnip has appointed Dan Goodfellow as head of digital, responsible for supporting dealers to get the most from their Carsnip Premium Package.
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Car Dealer News 27 Feb
Inchcape boosts 2019 turnover and profit with business disposals
Inchcape reported a 1.3% increase in turnover and a 256% increase in its profit before tax in its full-year financial results for 2019.
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People News 3 Feb
Inchcape chief executive Stefan Bomhard resigns post at AM100 PLC
Inchcape chief executive Stefan Bomhard has resigned his post with the car retail and import business to take up a position as the chief executive of Imperial Brands.
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Acquisitions and deals 17 JanCitygate confirms Inchcape West London and Twickenham VW acquisitions
Citygate Automotive has confirmed its acquisition of Inchcape Retail’s Volkswagen dealerships in West London and Twickenham – six weeks after AM reported on the impending deal.
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Acquisitions and deals 6 Dec
VW network shake-up continues with proposed Inchcape two-site sale to Citygate
Inchcape looks poised to sell two more Volkswagen car dealerships, to Citygate, as the German car brand’s UK franchises continue to change hands in a series of recent disposals and acquisitions.
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Car Dealer News 3 Oct
Inchcape leaves Chinese market with £54m car dealership disposals
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.
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People News 21 AugInchcape appoints Gijsbert de Zoeten as chief financial officer
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.
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Latest News 19 AugInchcape Retail business managers pass IMI Accreditation
Inchcape Retail has seen 20 of its business managers pass the IMI Accreditation for Finance and Insurance standards.
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Car Dealer News 25 MarJardine takes-up ‘game-changing’ Audi Bolton dealership plans
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.
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Car Dealer News 18 MarHarwoods Group acquires Inchcape site for new Aston Martin dealership
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.
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Car Dealer News 28 FebInchcape’s distribution profits offset by challenging car retail sector
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%.
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Car Dealer News 6 NovInchcape to open new JLR site in Southampton
Inchcape will open a new Jaguar Land Rover showroom in Southampton on November 26, in line with JLR’s dual-brand strategy.
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People News 17 JulInchcape aftersales manager Jim Wood completes 500-mile charity bike ride
A pedal-pushing aftersales manager from Inchcape’s Tunbridge Wells Audi car dealership has completed a 500-mile charity bike ride alongside his daughter.
