Inchcape ‘trading in line with expectations’

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Inchape is trading in line with expectations. In the UK, like-for-like revenue was up 10.7% in the four months to April 30, with strong revenue growth in vehicles sold and “solid” aftersales revenue growth, while acknowledging “lower vehicles margin against a competitive trading environment”. Stefan Bomhard, group chief executive, Inchcape, … Continue reading

NextGear Capital UK surpasses £500m funding

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Stocking Plan provider NextGear Capital is celebrating two years of active trading in which it helped traders to secure additional funds to purchase over 75,000 vehicles worth a cumulative £528m. NextGear Capital operates with its ethos of Stock More, Sell More and Make More Profit and with over 860 dealers … Continue reading