BNET Industries

Last Fiscal Year Sales:$7.8B
  • Public
  • UK
Dow Jones Description

You won't be inching along if you do business with Inchcape. Founded in 1847 and based in London, England, Inchcape PLC (London: INCH) is an automotive distribution, retail and finance company with principle operations in the United Kingdom, Greece, Belgium, Australia, Hong Kong and Singapore. Its primary business partners are BMW, Toyota/Lexus, Jaguar, Subaru, Mazda, Volkswagen, Land Rover and Mercedes-Benz. The company's activities include retail of new and used cars, consumer and dealer finance, insurance, leasing and automotive ecommerce. The company had 2005 revenue of $7.9 billion and employs about 10,300 people. In March 2006 it entered a joint venture with Independence Group for retail and service of Toyota vehicles in the high growth Moscow market

Group CEO
Andre Lacroix
Number of Employees 15,000
Contact Information

22 A St James Sq

London SW1 5LP

www.inchcape.co...

(44) 2075460022

NAICS Code Other Individual and Family Services: 624190

Recent Events

  • BRIEF-RESEARCH ALERT-UBS starts Asos with buy rating

    10/05/09 - Bond / Stock Rating - View Story

  • Inchcape H1 Profit Plunges; Remains Cautious Of H2 - Update

    7/29/09 - Stock Split / Dividend - View Story

  • STOCKS NEWS UK-Micro Focus falls on renewed Borland battle

    6/26/09 - Bond / Stock Rating - View Story

  • Inchcape appoints two non-executive directors

    6/12/09 - Mgmt. Change Entering - Director - View Story

News & Analysis

inchcape plc. - All News and Analysis

  • Inchcape is going places with eastern Europe sales drive

    - 2008-02-27

    THE INVESTMENT COLUMN Our view: Buy Share price: 406.75p (+11.25p) The motor dealer Inchcape is driving hard to establish itself in emerging countries. A fast-growing middle class has the cash to splash out on imported up-market brands such as BMW, Audi and Toyota/ Lexus....

    Tags: Dechra Pharmaceuticals Plc., Inchcape Plc.

  • Inchcape's new strategy drives growth.

    - 2008-02-26

    RESULTS: Selling smart cars in fast-growing economies has helped keep profits motoring ahead. Amanda Vermeulen A new focus on core operations and an aggressive move into high-growth emerging markets - key elements of the new business strategy unveilled in 2006 - fuelled another year...

    Tags: Inchcape Plc.

  • Barratt hopes for thaw in freezing housing market

    - 2008-01-18

    THE INVESTMENT COLUMN Our view: Hold Share price: 399p (+36.25p) The housing market has gone into deep freeze, decimating shares of leading builders. But perhaps a thaw is under way. Barratt Developments, whose shares have been the weakest in the sector, rallied yesterday. ...

    Tags: Barratt Developments Plc., Inchcape Plc.

  • Inchcape sales accelerate.

    - 2007-10-24

    A strong sales performance from Inchcape reflects the strength of the group's international business model Shunil Roy-Chaudhuri Shares in international car dealer Inchcape rose by 7 per cent to 478p on Tuesday following a third quarter trading update. Investors reacted positively to news that...

    Tags: Inchcape Plc.

  • Inchcape upbeat after first half

    - 2007-08-03

    Inchcape, the car retailer, posted a 7.1 per cent rise in underlying first-half profits to [pound]120m, as emerging market profits tripled while domestic business was boosted by its acquisition of rival Lind. Inchcape said it remained confident about the remainder of 2007 despite the effect of rising interest rates.

    Tags: Inchcape Plc.

Decision Makers

Name (plus bio) Position
Andre Lacroix Group CEO
Michael Wemms Executive Director
Graeme Potts Managing Director
Barbara Richmond Director, Finance
Roy C. Williams General Counsel & Secretary

Board of Directors

Name (plus bio) Position
Peter Johnson Chairman
David Scotland Board of Directors
John Egan Board of Directors
Karen Guerra Board of Directors
Ken Hanna Board of Directors
Michael Wemms Biog Board of Directors
Raymond Ch ien Board of Directors
Raymond K F Ch Board of Directors
Simon Robertson Board of Directors
Trevor Taylor Board of Directors
Will Samuel Board of Directors

Organization Position Status
Inchcape PLC Group CEO Current
Inchcape PLC Group Chief Executive Current
Inchcape PLC Board of Directors Current
Reckitt Benckiser plc Board of Directors Current
Euro Disney S.C.A. Chief Executive Officer Former
Euro Disney S.C.A. Chairman Former
Escp Corporation Former

Michael was appointed to the Board in November 2006 and is Chairman of the Remuneration Committee. He was Chairman of House of Fraser plc from 2001 until November 2006 and is a Non Executive Director of Inchcape plc, Majid Al Futtam Group and Cole Myers Limited. He was Chairman of the British Retail Consortium from 2004 until 2006. Michael was an Executive Director of Tesco plc from 1989 to 2000, with responsibility for Store Operations from 1991. He commenced his management career with Tesco in 1971 and held a wide range of executive positions in Supply Chain, IT, Finance and Administration before assuming his Board responsibilities.

Organization Position Status
Inchcape PLC Executive Director Current
Coles Group Limited Board of Directors Current
Inchcape PLC Board of Directors Current
Majid Al Futtaim Group LLC. Board of Directors Current
Store-Operations Executive Director Former
Tesco Plc Executive Director Former
Tesco Plc Managing Director Former
Tesco Plc Operations Director Former
House of Fraser PLC Chairman Former
Galiform Plc Board of Directors Former
House of Fraser PLC Director Former
Coles Myer Ltd. Board of Directors Former
Tesco Plc Director Former
Cranfield University Mba Advisory Board Former
Cranfield University member Former

Organization Position Status
Inchcape PLC Managing Director Current
Inchcape PLC Board of Directors Current

Organization Position Status
Inchcape PLC Director, Finance Current
Inchcape PLC Board of Directors Current
Scarborough Building Society Board of Directors Current
Croda International Plc Group Finance Director Former
Carclo plc Board of Directors Former

Organization Position Status
Inchcape PLC General Counsel & Secretary Current

Organization Position Status
Bunzl Plc Executive Director Current
Inchcape PLC Vice Chairman & CEO Former
The Marshall Group, Inc. Chief Executive Former
The Rover Group, Inc Sales and Marketing Director Former
Inchcape PLC Chairman Former
The Rank Group Plc Chairman Current
Bunzl Plc Board of Directors Current

Organization Position Status
Wine Intelligence Co Chairman Current
Brixton Plc Board of Directors Current
Inchcape PLC Board of Directors Current
Photo-Me International plc Board of Directors Former

Organization Position Status
The Owners Group Inc. Director of Governance Current
Criticaleye Associate Current
Severn Trent Plc Chairman Current
Inchcape PLC Board of Directors Current
Severn Trent Plc Board of Directors Current
BAA plc Chief Executive Former
Massey Ferguson Corp. Former
Inchcape PLC Chairman Former
MEPC Limited Chairman Former

Organization Position Status
Inchcape PLC Board of Directors Current

Organization Position Status
Cadbury plc Chief Financial Officer Current
Inchcape PLC Board of Directors Current
Compass Partners International, L.L.C. Operating Partner Former
Avis Europe Plc Group Finance Director Former
Cadbury plc Board of Directors Former
Cadbury Schweppes plc Board of Directors Former

Organization Position Status
Galiform Plc Board of Directors Current
Moneysupermarket.Com Limited Board of Directors Current
Inchcape PLC Board of Directors Current
Adpharma Board of Directors Current
Tesco Plc Executive Director Former
House of Fraser PLC Chairman Former

Organization Position Status
Inchcape PLC Board of Directors Current

Dr. Raymond K.F. Ch'ien is Chairman of CDC Corporation and its subsidiary, China.com Inc, and Chairman of MTR Corporation Limited. He serves on the boards of HSBC Holdings plc, the Hongkong and Shanghai Banking Corporation Limited and Inchcape plc. In public service, Dr. Ch'ien is Chairman of the Advisory Committee on Corruption of the Independent Commission Against Corruption; Chairman of the Hong Kong/European Union Business Cooperation Committee and is a Hong Kong member of the APEC Business Advisory Council. He is an Honorary President and past Chairman of the Federation of Hong Kong Industries and a Trustee of the University of Pennsylvania. From 1992 to 1997, Dr. Ch'ien was a member of the Executive Council of Hong Kong, then under British Administration. He was appointed a member of the Executive Council of the Hong Kong SAR on July 1, 1997 and served until June 2002. Dr. Ch'ien received a doctoral degree in Economics from the University of Pennsylvania in 1978. He was appointed a Justice of the Peace in 1993 and a Commander in the Most Excellent Order of the British Empire in 1994. In 1999, he was awarded the Gold Bauhinia Star Medal.

Organization Position Status
Inchcape PLC Board of Directors Current

Organization Position Status
Inchcape PLC Board of Directors Current

Organization Position Status
Inchcape PLC Board of Directors Current

Organization Position Status
Inchcape PLC Board of Directors Current
Inchcape PLC Deputy Chairman Former
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