Inchcape plc, an international automotive services group, engages in import and distribution related to exclusive retail of new and used cars and financial services, including consumer and dealer finance, insurance and leasing. In addition, the company also offers business services, including refurbishment, logistics and remarketing and automotive e-commerce. The company's global manufacturer partners are Toyota/Lexus, Subaru, Ferrari/Maserati, BMW and the Premier Automotive Group (PAG) of Ford especially Jaguar and Land Rover. The company's UK Retail partners are BMW, Toyota/Lexus, PAG, Mercedes-Benz and Ferrari/Maserati. Markets The company primarily operates in the UK, Greece, Belgium, Australia, Hong Kong and Singapore. United Kingdom The company offers a choice of products and channels to market and a range of Business Services, including logistics, refurbishment and remarketing, to corporate customers. Inchcape Fleet Solutions offers management and leasing services to corporate customers. In UK Retail, the company is associated with a number of selected manufacturers including Toyota/Lexus, BMW, Ferrari/Maserati, Premier Automotive Group of Ford (PAG), Mercedes-Benz and Volkswagen. Belgium The company's import and distribution business in Belgium for Toyota/Lexus sells approximately 26,000 cars per annum. Greece The company sells 28,000 units per annum. The company retails Toyota/Lexus vehicles exclusively in Salonica. It also provides financial and insurance products to the Toyota retail customer through its relationship with EFG Eurobank Ergasias. Singapore The company exclusively imports and retails for Toyota/Lexus and Suzuki in Singapore. Hong Kong In Hong Kong the company imports and retails Toyota/Lexus, Hino, Jaguar, Mazda and Daihatsu. The company’s business, Crown Motors, has held the Toyota franchise. It also owns 50.0% of Inchroy, a joint venture with Bank of America. Australia Inchcape imports and distributes Subaru in Australia. The company's retail facilities include its flagship site, Subaru Docklands. The company sells around 5,000 new and used cars per annum in this market. The company retails Volkswagen, Jaguar, Volvo and Subaru in the greater Sydney area. In total, these businesses sell approximately 5,000 new and used cars per annum. AutoNexus, the company’s business services operation in Australia, provides a range of supply chain management solutions for both vehicles and parts. These solutions encompass physical storage and distribution, inventory management and supply chain strategic planning.
(INCH:London Stock Exchange)
22a St James’s Square
London, SW1Y 5LP
Phone: 44 20 7546 0022
Fax: 44 20 7546 0010www.inchcape.com
Sponsored Financial Commentaries
To contact INCHCAPE PLC, please visit www.inchcape.com. Company data is provided by Capital IQ. Please use this form to report any data issues.