U K-based independent automotive distributor Inchcape says it has agreed to acquire Iceland-based Askja and its associated ...

The car scrappage scheme, which aims to revive demand for new vehicles by offering a discount to owners trading in old models, has made a promising start, car dealer Inchcape said.

A MAJOR car dealer giant with over 100 UK sites is reportedly planning job cuts. Group 1 Automotive UK is understood to want to “streamline” operations by cutting costs and axing duplicate roles.

Says does not expect market recovery to start until H2 Q1 revenue up 13 pct in actual currency Like-for-like revenue climbs 14.8 pct Shares up 1.9 pct (Adds details) May 13 (Reuters ...

(Alliance News) - Inchcape PLC on Tuesday said it has agreed to acquire Askja, Iceland's leading automotive distributor, for an undisclosed sum.

Inchcape has agreed to acquire Icelandic automotive distributor Askja for an undisclosed sum.

Inchcape who employs 3,600 people across 80 sites have announced that they are to sell their UK car dealership for £346 million to US based rival, Group 1 Automotive.

Group 1 Automotive’s operations in the UK saw a 94% revenue increase and more than doubled its gross profit in the first half ...

JPMorgan issued a sweeping preview of the U.S. auto retail sector ahead of the Q2 earnings season. Analyst Rajat Gupta said ...

Inchcape has a front-row seat to this transformation as the distribution partner for over 60 OEMs in nearly 40 markets, from the Philippines to Chile.

Inchcape Europe ranked No. 6 on Automotive News Europe's 2023 Guide to Europe's Biggest Dealers, with retail sales of 61,000 new vehicles in 2022. Group 1 ranked No. 17 on the same list, retailing ...

AutoNation is reportedly exploring a bid to buy the U.K. operations of Inchcape, an automotive retail, distribution and services company with a presence in more than 40 markets globally.