Inchcape Retail
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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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Car Dealer News 27 FebInchcape 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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People News 30 Jan
Inchcape appoints BP's Alexandra Jensen as non-executive director
Inchcape has appointed BP’s chief marketing officer, global retail and senior vice president, Alexandra Jenson, as a non-executive director.
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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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Car Dealer News 11 DecInchcape opens JLR dealership on former Derby Cattle Market site
Inchcape UK has officially opened its new Jaguar Land Rover (JLR) dealership in Derby 12 months after it gained planning approval for the site of the city’s former cattle market.
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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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Acquisitions and deals 10 Oct
Inchcape agrees £100m sale of UK fleet solutions business to Toyota
Inchcape looks set to continue its recent round of business disposals after agreeing to sell its Inchcape Fleet Solutions (IFS) UK vehicle fleet management and funding division to Toyota for £100m.
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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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Car Dealer News 11 Sep
Inchcape generates £76m with Australian car dealership disposals
Inchcape has generated £76m with the disposal of six Volkswagen, BMW, Mini and Jaguar Land Rover (JLR) retail sites in Australia.
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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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Car Dealer News 30 JulJardine Motors Group opens £9m Bolton 'gateway' Audi dealership
Jardine Motors Group has officially opened the doors of its new £9 million Audi dealership as part of a new major gateway project in Bolton.
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Car Dealer News 25 Jul
Inchcape targets ‘cost optimisation’ after Volkswagen and Audi disposals
Inchcape has said that it is targeting “revenue and cost optimisation” in the UK car retail market after its disposal of seven Volkswagen and Audi dealerships this week.
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Acquisitions and deals 23 JulMotorline and Group 1 acquire Inchcape dealerships
Motorline has trebled its Audi representation in Kent with the acquisition of a further two dealerships sites from Inchcape Retail.
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Car Dealer News 9 JulInchcape Retail denies plan to close 20% of its UK dealerships
Inchcape Retail chief executive James Brearley has denied suggestions that the AM100 franchised car retail group plans to close 20% of its UK dealerships.
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People News 10 MayInchcape CFO Richard Howes steps down
Inchcape’s chief financial officer Richard Howes has stepped down from his position with the AM100 car retail group to pursue another opportunity outside the sector.
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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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Supplier News 29 JanTen Inchcape business managers celebrate IMI accreditation
Inchcape Retail has announced that ten of its business managers have successfully received The IMI Accreditation for Finance and Insurance standards.
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Car Dealer News 22 AugPorsche Centre Bournemouth supports Beaulieu Supercar Weekend
Inchcape’s Porsche Centre Bournemouth was the only main dealer to exhibit at the annual Beaulieu Supercar Weekend (August 4-5).
