OUR COMPANY
Explore our history
Inchcape has 175+ years of worldwide trading experience - from our founding spirit to our future of bringing mobility to the world’s communities.
2024
Inchcape unveils evolved, Accelerate+ strategic approach, to charge growth to 2030 and launches evolved Sustainability Framework - the global mobility
2024
Sale of UK Retail operations
Inchcape sold its UK Retail operations to Group 1 for £346m. This successful transaction marks a significant milestone in Inchcape’s journey to become a pureplay Distribution business.
2023
Appointed distributor of Tata vehicles in Thailand
Inchcape appointed as distributor for Tata traditional and BEV light commercial vehicles, targeting the logistics and mass mobility segments in the Thailand market and strengthens our current portfolio of luxury vehicle distribution for Jaguar Land Rover and used vehicle business, Bravoauto Thailand.
2023
New market entry in the Philippines
Inchcape officially entered the Philippines market through joint venture with CATS Group of Companies, with acquisition of controlling 60% stake. We established Inchcape Philippines and will represent some of our key global OEM brands: Mercedes-Benz, Chrysler, Dodge, Jeep and Ram, Jaguar Land Rover, as well as Mazda and Harley Davidson.
2023
Appointed distributor of LDV in New Zealand
Inchcape appointed as the importer and distributor for LDV in the New Zealand market. The acquisition also enabled Inchcape to enter retail operations in New Zealand.
2023
Global strategic partnership with Great Wall Motor, and appointed distributor in Indonesia
Inchcape entered into a global strategic partnership with Great Wall Motor Company Limited, a leading privately-owned Chinese automobile manufacturer, and is appointed distributor of its new energy vehicles in Indonesia.
2022
Acquisition of Ditec and Derco, developing distribution contracts in Chile and adding fast growing Chinese brands to portfolio.
Ditec brought distribution contracts for Porsche, Volvo, and Jaguar Land Rover in Chile, while Derco, the largest independent automotive distributor in Latin America, expands presence into Bolivia and adds four new brands to the portfolio.
2022
Launch of One Inchcape Values and Behaviours: “We deliver great experiences through fresh thinking and working better together.”
2021
Became the foremost distributor of Mercedes in Latin America
Became the foremost distributor of Mercedes in Latin America, adding Guatemala, Barbados and the Caribbean to the portfolio; Jaguar Land Rover distribution awarded for Indonesia; global strategic partnership announced with Geely, starting in Chile; acquisition of Morrico with over 25 commercial brands in Guam and several Pacific island groups.
2021
Launch of Accelerate strategy, Responsible Business plan
‘Driving What Matters’ and a new company purpose: “Bringing mobility to the world’s communities – for today, for tomorrow and for the better.”
2020
Continued expansion of Mercedes, Jaguar Land Rover and BMW
Continued expansion of Mercedes in Central and South America, adding Colombia and El Salvador; Jaguar Land Rover awarded for Poland and Colombia; MINI and BMW Motorrad added to BMW in Chile and Peru
2019
Awarded contracts to distribute BMW in Lithuania and Kenya; acquisition of Autolider and become distributor of Mercedes in Uruguay and Ecudaor
2018
Acquisition of Grupo Rudelman and distribution of Suzuki in Costa Rica and Panama; awarded BMW in Guam; and Jaguar Land Rover in Kenya
2017
Awarded distribution contracts for Peugeot and Citroen in Australia; and BMW in Estonia
2016
Launch of the Ignite strategy
Launch of the Ignite strategy and a reshaping of the business towards automotive distribution; acquisition of Indumotora and expansion of Subaru business in South America; awarded contract to distribute Jaguar Land Rover in Thailand
2006-2013
Period of retail expansion and acquisition across Australasia, China, Europe and the UK
2000
The first full year of trading as an automotive-only business
1981
IGD Ltd became Inchcape plc
1958
Inchcape Group was floated on the London Stock Exchange as IGD Ltd., with 25% of the company being offered to investors.
1925
Borneo Motors founded
At the forefront of technological advances, Inchcape Group’s predecessor company was an early adopter of the internal combustion engine transport revolution, becoming one of the first importers of motorcars into Asia. In 1925, Borneo Motors was founded to sell cars in Singapore, a business Inchcape would go on to acquire in 1967.
1874
James Mackay joins Mackinnon Mackenzie in Calcutta
Joining the business in 1874, James Lyle Mackay, 1st Earl of Inchcape was one of the founding fathers of the Inchcape complex of companies that would eventually become Inchcape plc.
1847
Mackinnon Mackenzie formed
Inchcape Group can trace its origins back to 1847 when William Mackinnon and Robert Mackenzie, two merchants from Campbeltown, formed a general merchanting partnership, Mackinnon Mackenzie & Company (MMC).