Inchcape Retail
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Car Dealer News 27 AprInchcape’s Q1 car retail revenues 'adversely impacted' by agency model shift
Inchcape chief executive Duncan Tait said that the automotive distribution and car retail PLC had made an “excellent start to 2023”, despite the adverse effects of certain OEMs’ shift to a direct-to-consumer agency model.
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People News 6 AprInchcape women join England Lionesses for charity football tournament
A group of women footballers from Inchcape UK teamed-up with former squad members from England’s national team of Lionesses to raise funds for Leukaemia UK.
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Car Dealer News 23 MarInchcape’s ongoing car distribution focus delivers 50% profit growth
Inchcape chief executive Duncan Tait has highlighted the success of the automotive PLC’s “portfolio shift towards distribution” as it reported a near-50% growth in profits in its 2022 annual financial results.
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Car Dealer News 9 JanInchcape Retail 2021 financial results show rebound from heavy losses
Car dealer group operation Inchcape Retail rebounded from £76.4 million pre-tax loss to deliver profitability in 2021 financial results.
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Car Dealer News 22 DecInchcape UK expands network of Bravoauto used car dealerships
Four more sites have been added to Inchcape UK's network of used car dealerships, which trade under the Bravoauto brand, taking it to 17 locations.
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People News 28 NovInchcape chief financial officer resigns over ‘personal behaviour’ at event
Inchcape chief financial officer Gijsbert de Zoeten will stand down with immediate effect over issues with his “personal behaviour” at a recent event.
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Car Dealer News 23 NovNew Inchcape JLR dealership to create 80 car retail jobs
Inchcape’s new Jaguar Land Rover (JLR) Dual-Arch premium car dealership in Norwich is set to create 80 jobs when it opens its doors in 2023.
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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 Jul
Inchcape 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 Jul
Inchcape ‘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 Jan
Inchcape 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.
