Inchcape Retail
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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 FebLondon 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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Acquisitions and deals 7 DecVertu Motors completes Inchcape BMW and Mini dealership acquisitions
Vertu Motors has completed its long-awaited acquisition of 12 BMW, Mini and BMW Motorrad franchised motor retail outlets across five locations from Inchcape’s Cooper BMW division.
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Acquisitions and deals 16 Nov
Inchcape in ‘latter stages’ of Cooper BMW and Mini dealership disposals
Inchcape UK CEO James Brealey has asserted that his retail group remains “committed” to its BMW and Mini franchises after confirming it is in the latter stages of disposing of sites in the North East and Croydon.
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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 15 OctVertu confirms BMW acquisitions move after Inchcape disposals 'speculation'
Vertu Motors has confirmed that it is in discussion with a number of parties over the acquisition of “a number of BMW dealerships” following speculation that Inchape is set to sell a number of sites.
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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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Car Dealer News 7 SepThief stripped rare VW Golf GTI of £21,000 of parts at Inchcape dealership
A car thief has been jailed for 20 months for his part in a raid on an Inchcape car dealership in which £21,000 of parts were stripped from a rare Volkswagen Golf GTI Clubsport hot hatch.
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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 Model News 13 JulToyota dealers to host high-performance Yaris GR hot hatch's UK tour
Inchcape, Jemca, Hills of Woodford and Steven Eagell will all host the Yaris GR as the Toyota performance hatchback embarks on a UK tour ahead of its official October launch.
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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 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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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.
