News - Page 58
Group 1 Automotive completes takeover of Inchcape's car dealerships
Group 1 Automotive has completed its £346 million takeover of Inchcape Retail, adding 54 car and van dealerships in a "monumental transaction" that will put it into the top five of the AM100 rankings of UK's largest motor retailers.
Inchcape grows its global vehicle distribution business, H1 revenue reaches £4.7bn
As Inchcape awaits the completion of its Inchcape Retail UK dealer group sale to Group 1 Automotive UK for £346 million, it has revealed a half-year financial performance showing growth in its overseas vehicle distribution and wholesale business.
Tavares orders strategic review of Stellantis UK due to ZEV Mandate risk
Stellantis chief executive Carlos Tavares has demanded a re-examination of the vehicle manufacturer's business prospects in the UK in light of the impact of the zero emission vehicles (ZEV) Mandate.