Inchcape Retail
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Acquisitions and deals 1 AugSteven Eagell Group confirms acquisition of Inchcape Toyota Oxford dealership
Steven Eagell Group has confirmed its acquisition of Inchcape’s Toyota dealership in Oxford, over three weeks after AM initially reported the move.
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Car Dealer News 29 JulInchcape opens 12th bravoauto used car supermarket in former CarShop Express site
Inchcape has grown its bravoauto used car supermarket division with the opening of a new store in Sytner’s former Volkswagen and CarShop Express dealership in Halifax.
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Car Dealer News 28 JulInchcape ‘confident’ of mid-term plan after 53% H1 profit growth
Inchcape is “confident” of achieving its mid-term growth plans after delivering 53% growth in its adjusted pre-tax profits in the first half of 2022.
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Acquisitions and deals 8 JulSteven Eagell lines-up Inchcape Oxford Toyota dealership acquisition
Steven Eagell is set to grow its car retail market territory and its portfolio with Toyota through the acquisition of Inchcape’s car dealership in Oxford.
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People News 30 JunPeter Johnson retires from RMI chairman role
Former Inchcape chief executive and Marshall Motor Group executive chairman Peter Johnson has retired from his position as chairman of the Retail Motor Industry Federation (RMI).
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People News 22 JunConstellation and Inchcape bosses make Auto Express Brit List 2022
Inchcape chief executive Duncan Tait and Constellation Automotive executive chairman Avril Palmer-Baunack were the only two car retail sector leaders to make the Auto Express Brit List 2022.
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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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Car Dealer News 13 JunInchcape opens bravoauto used car retail sites in Stoke and Guildford
Inchcape has expanded its used car retail division with the opening of new stores in Stoke-on-Trent and Guildford.
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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 24 Feb
Inchcape credits strong consumer demand and margins for 2021 ‘profit rebound’
Automotive distribution and car retail PLC Inchcape has reported a 12% rise in turnover and 131% in pre-tax profits in its 2021 annual financial results.
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People News 14 JanInchcape appoints De Beers CFO Sarah Kuijlaars as non-exec director
Inchcape has appointed De Beers chief financial officer and former Rolls-Royce Holdings deputy CFO Sarah Kuijlaars as a non-executive director
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Car Dealer News 5 JanInchcape secures planning permission for Norwich JLR dealership
Inchcape has secured planning permission for a new Dual Arch Concept Jaguar Land Rover (JLR) dealership in Norwich.
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Used car 9 DecProfit from private: dealers share the benefits of the new go-to stocking source
Clive Brook Group, Drive Motor Retail, Hendy Group, Inchcape Retail and Jemca Motor Group have all ramped-up their acquisition of private used car stock in 2021.
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Car Dealer News 22 Nov
Inchcape UK launches bravoauto branding for fast-growing used car division
Inchcape UK has unveiled the new bravoauto for its expanding used car retail division ahead of its expansion to 20 locations in the next three years.
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Car Dealer News 12 NovInchcape UK CEO James Brearley to depart business and take on ‘new challenge’
Inchcape chief executive James Brearley will leave his post at the end of this year to “to take up a new challenge”, a statement from the AM100 car retail PLC has revealed.
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Car Dealer News 21 OctInchcape Retail reports £76.4m pre-tax loss from COVID-hit 2020 trading
Inchcape Retail suffered a near tenfold year-on-year decline in profitability as it revealed a £76.4m pre-tax loss in annual financial results for its COVID-19 impacted 2020 trading period.
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Car Dealer News 29 Jul
Inchcape reports near 15-fold year-on-year profit increase in H1 2021
Inchcape PLC has reported a 30% rise in turnover and a near 15-fold increase in its pre-tax profits as showed strong signs of recovery from the COVID-19 pandemic in the first half of 2021.
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Dealer profiles 6 JulInchcape CEO James Brearley: 'We're in good shape' after car retail restructure
Inchcape UK will reassert its commitment to growth with the creation of an all-new standalone used car sales division and a series of large-scale dealership development projects.
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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.
