inchcape
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Car Dealer News 5 SepStylish upgrade for Inchcape Norwich dealership
Inchcape Jaguar Land Rover has opened its new luxury showroom in Norwich following a year-long transformation of the site.
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People News 31 OctInchcape appoints former BP CFO Byron Grote as non-executive director
Inchape has appointed former BP finance director Byron Grote as a non-executive director.
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Car Dealer News 16 JunPositive Inchcape trading outlook built on ‘improved outlook for supply’
Inchcape’s global car distribution operations have driven its year-to-date financial performance to ‘exceed expectations’, a trading update has revealed.
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Fleet 21 MarAM100 groups agree to new fleet dealer standards
Marshall, Inchcape and Sytner have enhanced their fleet commitments by signing up to the Association of Fleet Professionals’ (AFP) new Dealer Standard.
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Car Dealer News 16 Mar
Inchcape to close Russian car retail operations
Inchape is pulling out of the Russian market as a result of the ongoing conflict in Ukraine.
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Latest News 28 FebInchcape’s global footprint to mitigate £750m exposure to Russian market
Inchcape PLC’s global footprint will mitigate the impact of a £750 million exposure to the Russian automotive sector, analysts have said.
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Car Dealer News 18 JunInchcape performance and profitability continues to ‘exceed expectations’
Inchcape has revealed that its year-to-date financial performance has “exceeded expectations” in a brief trading update issued today (June 18).
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Car Dealer News 6 MayInchcape to establish 20-site used car retail and fast-fit aftersales network
Inchcape UK chief executive James Brearley has revealed the AM100 PLC’s plan to open up to 20 used car retail locations, each with an adjoining fast-fit aftersales offering, by the end of next year.
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Car Dealer News 29 Apr
UK car retail shows ‘relative resilience’ as distribution drives growth for Inchcape
Inchcape’s UK car dealership operation showed “relative resilience” in a COVID-impacted ‘Lockdown 3’ as the PLC’s distribution business offset revenue losses from retail, the PLC has reported.
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Car Dealer News 22 Apr
Inchcape continues move away from car sales with £70m dealership disposals
Inchcape has continued its plan to move away from car retail with the £70 million sale of its Toyota and Audi dealerships in St. Petersburg, Russia.
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Car Dealer News 5 MarInchcape to create ‘substantial’ Destination Porsche Centre in Bournemouth
Inchcape has revealed its plan to create a new Destination Porsche Centre premium car dealership in Bournemouth - substantially expanding the brand's presence in the coastal town.
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Car Dealer News 25 Feb
London Stock Exchange changes Inchcape PLC's listing amid shift away from retail
Inchcape has confirmed that its London Stock Exchange listing has been reclassified to remove reference to retail as it disposed of 13 UK dealership locations as part of a renewed focus on distribution in 2020.
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Car Dealer News 10 Dec
Inchcape 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.
