Current region
Other Inchcape regions
In Hong Kong, we are the distributor and retailer for Toyota, Lexus, Daihatsu, Hino Trucks, Jaguar, Land Rover and Ford.
We have won the Toyota Triple Crown Award (leadership in market share for passenger, commercial and combined) for 20 consecutive years since 1992, the only company in the world to have done so over such an extended period.
www.crown-motors.com
In Guam we are Atkins Kroll, the market-leading distributor and retailer (VIR) for Toyota, Lexus and Chevrolet.
www.akguam.com
In Macau, at Yat Fung Motors Ltd, we operate both as distributor and retailer (VIR) for Toyota, Lexus, Hino and Daihatsu.
www.yatfung-motors.com
In Saipan, Inchcape operates both as distributor and retailer (VIR) for Toyota and Lexus.
www.microlsaipan.com
Chief Executive Officer
Inchcape North Asia and China
| Year ended 31.12.2012 £m |
Year ended 31.12.2011 £m |
% change | % change in constant currency |
|
|---|---|---|---|---|
| Sales | ||||
| Distribution | 518.7 | 433.3 | 19.7 | 17.9 |
| Like for like sales | ||||
| Distribution | 445.7 | 384.9 | 15.8 | 14.0 |
| Trading profit | ||||
| Distribution | 52.8 | 42.0 | 25.7 | 23.6 |
| Like for like trading profit | ||||
| Distribution | 47.5 | 39.8 | 19.3 | 17.3 |
| Trading margin (%) | ||||
| Distribution | 10.2 | 9.7 | 0.5ppt | 0.5ppt |
The Hong Kong market grew by 3.7% compared to 2011, reflecting the underlying strengths of the Hong Kong economy.
We expect the Hong Kong economy to remain strong and the new car market to continue to grow in 2013.
There are a number of product launches planned for in 2013 which we intend to fully leverage, including the Toyota Corolla, RAV4 and Previa Hybrid, the Lexus LS 600h and IS, ES, GS 300h and CT200h.
We continue to expect to deliver a strong performance in North Asia in 2013.
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