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.
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.
Inchcape has taken over Bentley Motor Group's Toyota and Citroen sites in Warrington, adding 70 people to the AM100 group's workforce.
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).
Tesla has opened the doors to its new Bournemouth electric vehicle (EV) store after completing its move into Inchcape’s former Porsche Centre in the Dorset town.
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.
Inchcape’s global car distribution operations have driven its year-to-date financial performance to ‘exceed expectations’, a trading update has revealed.
Inchcape has expanded its used car retail division with the opening of new stores in Stoke-on-Trent and Guildford.
Inchcape PLC’s global footprint will mitigate the impact of a £750 million exposure to the Russian automotive sector, analysts have said.
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.
Mini UK has named Inchcape Chelmsford as its best-performing dealership in 2021, at the virtual Mini Retailer Awards event.
Inchcape has appointed De Beers chief financial officer and former Rolls-Royce Holdings deputy CFO Sarah Kuijlaars as a non-executive director
Inchcape has secured planning permission for a new Dual Arch Concept Jaguar Land Rover (JLR) dealership in Norwich.
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.
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.
Inchcape has upgraded its group profit-before tax forecast for 2021 to “at least £290 million” driven by a stronger margin performance across the business.
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.
A High Court judge concluded that Inchcape UK CEO James Brearley appeared prepared to “tell untruths” after dismissing a case that a law firm’s negligence prevented him from opening a Jaguar Land Rover dealership in Wolverhampton.
Inchcape UK has revealed that it claimed no Government COVID-19 support in 2021 after taking the decision to repay £7.4 million in Government furlough and rates relief support for H2 2020.
Swansway Group has broke ground in its development of a new £9 million Volkswagen car and commercial vehicle dealership in Oldham.
