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inchcape

Group 1 Automotive expands with large acquisition of Inchcape UK dealerships

Group 1 Automotive has agreed a £346 million deal to acquire Inchcape's UK dealerships, almost doubling the scale of the AM100 group.

Car dealer news 15 Apr
An Inchcape JLR Arch Concept dealership facility

AutoNation rumoured to be staging UK return, eyeing Inchcape

US car dealer giant AutoNation is eyeing a move to snap up Inchcape’s UK dealerships.

Acquisition and disposal 5 Apr

Profits drop at Inchcape's dealerships, retail arm still under review

Operating profits fell 17% in Inchcape's retail division during 2023 although revenues rose slightly, while its international vehicle distribution divisions grew rapidly.

Car dealer news 5 Mar
Inchcape Volkswagen at Old Trafford, Manchester

Inchcape Retail may be up for sale, group confirms

The AM100 dealer group Inchcape Retail UK is up for a takeover.

Car dealer news 30 Jan
Jerry Buhlmann

Buhlmann set to become Inchcape’s next chairman

Jerry Buhlmann is to become the next chairman of London-based Inchcape next year succeeding Nigel Stein subject to shareholder approval.

people news 15 Dec
Bravoauto

Bravoauto becomes latest casualty of used car supply shortage

Inchcape has drastically cut its exposure to used cars by taking the strategic decision to shutter eight of its 17 supermarket sites in the UK

used car supermarket 5 Dec
Duncan Tait, Inchcape Group CEO

Inchcape continues mission to consolidate in highly fragmented market

Inchcape produced another strong performance in the third quarter, delivering continued momentum across APAC, supported by acquisitions, while its businesses in Europe and Africa performed well

26 Oct
Inchcape Norwich dealership

Stylish 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.

5 Sep
Inchcape PLC logo

Inchcape appoints former BP CFO Byron Grote as non-executive director

Inchape has appointed former BP finance director Byron Grote as a non-executive director.

people news 31 Oct
Inchcape PLC logo

Positive 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.

Car dealer news 16 Jun
key handover

AM100 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.

Fleet 21 Mar
Inchcape PLC logo

Inchcape to close Russian car retail operations

Inchape is pulling out of the Russian market as a result of the ongoing conflict in Ukraine.

inchcape 16 Mar
Russia Ukraine war protest

Inchcape’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.

Car dealer news 28 Feb
Inchcape logo

Inchcape 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).

Car dealer news 18 Jun
Inchcape's standalone used car centre in Derby

Inchcape 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.

Car dealer news 6 May
Inchcape logo

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.

Car dealer news 29 Apr
Inchcape logo

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.

Car dealer news 22 Apr
Artist's impression: Inchcape's Destination Porsche Centre in Bournemouth

Inchcape 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.

Car dealer news 5 Mar
Inchcape logo

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.

Car dealer news 25 Feb
Inchcape logo

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.

10 Dec

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