Inchcape plc (pronounced: Inchcape cap ) is a British company, one of the world leaders in automobile retail. Headquarters - in London .
| Inchcape plc | |
|---|---|
 | |
| Type of | Public company |
| Exchange listing | |
| Base | 1847 |
| Location |  Great Britain : London |
| Key figures | Ken Hannah (Chairman of the Board of Directors) Andre Lacroix (CEO) |
| Industry | service and sale of cars ( ISIC :45 ) |
| Turnover | β² Β£ 4.8 billion (2006) |
| Site | inchcape.com |
Content
History
Inchcape was founded in 1847 during the heyday of the British Empire as a transport and export company called MacKinnon MacKenzie Company. In 1874, James Lyle Mackay became one of the partners of the company (later, in 1911, he was awarded the title of Baron Inchkape-Stratnaversky by the name of the Inchape reef and the Scottish city of Stratnaver ).
In 1958, the company became public under the name Inchcape and Company, in 1972 it took over the trading house Dodwell & Co. . Inchcape has been trading in automobiles since 1973.
Owners and management
The largest shareholders of the company in April 2011 - M&G Investment Management (12.03%), Israeli investor George Heresh (9.01%) [1] .
Chairman of the Board of Directors - Ken Hannah. The General Manager is Andre Lacroix.
Activities
The main markets are the UK , Australia , Belgium , Greece , Hong Kong and Singapore . The main brands that Inchcape sells and services are BMW , Jaguar , Land Rover , Lexus , Subaru and Toyota .
The company's turnover in 2006 amounted to 4.8 billion pounds (in 2005 - 4.49 billion pounds), profit before tax - 214 million pounds (177 million pounds) [2] .
Inchcape in Russia
In Russia, Inchcape controls Musa Motors, a Moscow-based car dealer, (in 2008, the British acquired a 75.1% stake in the company for about $ 230 million, and they have an option to buy out the remaining stake) [1] . In St. Petersburg, the company owns a dealer of Toyota and Lexus brands, Incchape Olympus; used car dealer - Concord LLC; Audi dealer - LLC Orgtekhstroy. The total number of Russian dealerships operated by Inchcape in Russia at the beginning of April 2011 is 21 [1] .
Inchcape's total revenue in emerging markets (Russia, China, Poland, the Baltic states, South America and the Balkan Peninsula) in 2010 amounted to Β£ 1.06 billion ($ 1.64 billion), including retail sales of Β£ 798.1 million ( $ 1.24 billion) [1] .
Notes
- β 1 2 3 4 Elena Vinogradova. Inchcape parted with VW . // Vedomosti, 04.04.2011, No. 58 (2824). Date of treatment April 4, 2011. Archived June 1, 2012.
- β Interview: Andre Lacroix, CEO of Inchcape. Vedomosti, No. 132 (1906), July 19, 2007
Links
- inchcape.com - Inchcape official website