Inchcape Retail chief executive James Brearley has denied suggestions that the AM100 franchised car retail group plans to close 20% of its UK dealerships.
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.
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.
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%.
Inchcape Retail has announced that ten of its business managers have successfully received The IMI Accreditation for Finance and Insurance standards.
Inchcape’s Porsche Centre Bournemouth was the only main dealer to exhibit at the annual Beaulieu Supercar Weekend (August 4-5).
Volkswagen UK has recognised the contribution of its franchisees in the transformation of its Van Centres to create a network of ‘state-of-the-art’ commercial vehicle facilities.
Inchcape Technician Charlie Mason was named Mercedes-Benz Passenger Car Technician Apprentice of the Year as the Gereman premium brand recognised its top apprentices at an annual awards ceremony.
Inchcape UK has completed the move to “the newest Mercedes Benz centre in the UK” following the completion of a multi-million pound dealership development in Coventry.
Inchcape Retail UK has dropped its Hunters and HA Fox brands in a programme to bring all its 107 franchised dealerships under the same familiar brand.
Inchcape has reported that the global reach of its automotive retail and distribution businesses helped to offset the UK market’s “slower growth” in 2017.
Inchcape is preparing to redevelop Derby’s former cattle market site as a Jaguar Land Rover dealership after acquiring the 11.5-acre site for an undisclosed sum.
Inchcape has won the 'service and parts' award for the second consecutive year, alongside Fleet Retailer at the Mercedes-Benz Awards.
Inchcape has appointed Nigel Stein as its new chairman following the retirement of long-standing current incumbent Ken Hann from the top AM100 car retal group.
A campaign by the National Franchised Retailers to promote a greater understanding of automotive retail saw the Rt Hon Sir Vince Cable MP step into the showroom at Inchcape Volkswagen in Twickenham.
Inchcape UK has reviewed its sales team structure, increasing the basic annual pay of a sales executive by more than 50% to £22,000.
Tia Spriggs, from Inchcape’s HA Fox Jaguar dealership in York, has become the AM100 dealer group’s first female master technician.
Inchcape has revealed that it expects to “continue to benefit from its global diversification and scale” in a trading update which revealed group revenues had risen 14.6% to £2.3 billion in Q3.
Inchcape has reported that its UK trading profit was “broadly flat” as its global distribution operation helped the business bolstered revenue growth in the first half of 2017.
The chairman of the government's Treasury Select Committee described a visit to Inchcape’s Loughborough Mercedes-Benz facility as “an eye-opener” after accepting an invite to visit from the NFDA.
